宁通信B(200468) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥146,027,739.45, a decrease of 18.21% compared to ¥178,539,354.70 in the same period last year[4] - The net loss attributable to shareholders was ¥5,472,992.17, representing a 44.91% improvement from a loss of ¥9,934,009.57 in the previous year[4] - The basic and diluted earnings per share improved by 44.81%, from -¥0.0462 to -¥0.0255[4] - The company reported a significant reduction in losses, with a 37.82% improvement in net profit after deducting non-recurring gains and losses[7] - The net profit for Q1 2024 was -4,528,939.56 CNY, a decrease from -9,746,363.18 CNY in the same period last year, indicating an improvement of approximately 53.6% year-over-year[19] - The total comprehensive income for Q1 2024 was -4,528,939.56 CNY, compared to -9,746,363.18 CNY in Q1 2023, reflecting a significant reduction in losses[19] Cash Flow and Liquidity - The net cash flow from operating activities was -¥135,208,569.59, which is a decline of 29.88% compared to -¥104,103,173.88 in the same period last year[4] - Cash flow from operating activities showed a net outflow of -135,208,569.59 CNY, worsening from -104,103,173.88 CNY in the previous year[20] - Cash inflow from operating activities totaled 143,544,831.58 CNY, while cash outflow was 278,753,401.17 CNY, resulting in a negative cash flow[20] - Cash flow from investing activities resulted in a net outflow of -401,904.40 CNY, compared to -513,213.90 CNY in the same period last year[20] - Cash flow from financing activities generated a net inflow of 2,920,343.54 CNY, a significant improvement from a net outflow of -23,817,370.64 CNY in Q1 2023[20] - The company's cash and cash equivalents decreased to CNY 59,651,229.79 from CNY 178,290,844.21, representing a decline of 66.5%[13] - The ending cash and cash equivalents balance was 31,487,549.66 CNY, down from 35,950,982.97 CNY at the end of Q1 2023[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥771,593,533.54, down 6.61% from ¥826,241,412.27 at the end of the previous year[4] - Total assets decreased to CNY 771,593,533.54 from CNY 826,241,412.27, a decline of 6.6%[14] - Total liabilities decreased to CNY 690,610,424.64 from CNY 742,421,577.17, a reduction of 7%[14] - The equity attributable to shareholders decreased by 90.29%, from ¥5,111,258.66 to ¥496,218.67[4] Operational Efficiency - The company focused on optimizing its business layout and controlling low-margin operations, resulting in a gross margin increase of approximately 5 percentage points[7] - Total operating costs for Q1 2024 were CNY 151,260,080.36, down 19.6% from CNY 188,181,643.97 in the previous period[16] - The company reported a decrease in sales revenue from 131,803,539.48 CNY in Q1 2023 to 101,043,881.71 CNY in Q1 2024, indicating a decline of approximately 23.4%[20] Non-Recurring Items - Non-recurring gains and losses totaled ¥431,949.67, primarily from debt restructuring gains of ¥865,740.41[5] - The weighted average return on net assets decreased by 136.86 percentage points, primarily due to a reduction in net assets attributable to shareholders[9] - Research and development expenses were CNY 9,324,375.03, slightly down from CNY 9,782,974.40 in the previous period[16] - The company reported an investment income of CNY 865,631.92, compared to a loss of CNY 101,160.82 in the previous period[16] Product Development and Strategy - The company has not disclosed any new product developments or market expansion strategies in the current report[21]