Jikai(002691)2024-04-19 12:21Revenue and Profitability - The company's revenue for Q1 2024 was ¥31,680,377.02, a decrease of 54.20% compared to ¥69,164,611.34 in the same period last year[5] - Net profit attributable to shareholders was ¥2,772,812.65, a significant increase of 224.33% from a loss of ¥2,230,226.75 in the previous year[5] - The total operating revenue for Q1 2024 was ¥31,680,377.02, a decrease of 54.2% compared to ¥69,164,611.34 in the same period last year[16] - The net profit for Q1 2024 was ¥2,420,889.82, compared to a net loss of ¥2,361,154.88 in Q1 2023, marking a significant turnaround[17] - The basic and diluted earnings per share for Q1 2024 were both ¥0.008, a recovery from a loss of ¥0.0070 per share in the same quarter last year[18] Cash Flow and Liquidity - The net cash flow from operating activities increased by 503.09% to ¥44,114,348.80, compared to ¥7,314,778.48 in the same period last year[5] - Operating cash flow for the current period is ¥44,114,348.80, a significant increase from ¥7,314,778.48 in the previous period, reflecting a strong operational performance[19] - Total cash inflow from operating activities reached ¥116,489,715.50, compared to ¥93,915,849.79 in the prior period, indicating a growth of approximately 24.0%[19] - Cash outflow from operating activities decreased to ¥72,375,366.70 from ¥86,601,071.31, resulting in improved cash flow management[19] - Cash inflow from financing activities amounted to ¥30,000,000.00, while cash outflow was ¥685,125.00, leading to a net cash inflow of ¥29,314,875.00, compared to a net outflow of ¥808,750.01 previously[20] - The ending cash and cash equivalents balance is ¥37,510,438.66, down from ¥38,650,849.41 in the previous period, reflecting a decrease of approximately 2.9%[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,150,958,710.90, reflecting a 1.72% increase from ¥1,131,460,044.27 at the end of the previous year[5] - The company's total assets increased to ¥1,150,958,710.90 in Q1 2024 from ¥1,131,460,044.27 in Q1 2023, reflecting a growth of 1.5%[14] - The total liabilities rose to ¥235,170,479.20 in Q1 2024, up from ¥217,962,578.97 in the previous year, indicating an increase of 7.9%[14] - Total current assets at the end of the reporting period amounted to 668,566,081.56 yuan, an increase from 642,555,425.34 yuan at the beginning of the period[12] - The company’s total non-current assets amounted to ¥482,392,629.34, slightly down from ¥488,904,618.93 in Q1 2023, a decrease of 1.1%[14] Operational Performance - The company experienced a 46.14% decrease in operating costs, attributed to lower revenue and reduced costs year-on-year[9] - The total operating costs for Q1 2024 were ¥52,121,100.99, down 33.4% from ¥78,266,510.22 in Q1 2023[16] - Cash received from borrowings increased by 30 million yuan due to bank loans taken during the reporting period[10] - The company reported an investment income of ¥25,963,310.59 in Q1 2024, contributing positively to the overall financial performance[17] - The company reported a significant increase in trading financial assets, rising to 120 million yuan from 30 million yuan[12] Shareholder Information - Total number of ordinary shareholders at the end of the reporting period was 12,884[10] - The largest shareholder, Feng Chunbao, holds 33.42% of shares, totaling 113,619,055 shares[10] - The company has not disclosed any significant changes in shareholder relationships or actions among the top shareholders[10] Inventory and Receivables - Accounts receivable decreased by 33.92% due to reduced sales and increased collections from previous years[9] - Accounts receivable decreased to 137,012,455.19 yuan from 207,351,593.40 yuan at the beginning of the period[12] - Inventory at the end of the reporting period was 209,815,427.10 yuan, up from 188,944,600.95 yuan at the beginning of the period[12] - Prepayments increased to 7,294,294.65 yuan from 3,006,560.80 yuan at the beginning of the period[12] Tax and Employee Compensation - Tax payments decreased significantly to ¥6,692,757.27 from ¥15,128,785.30, indicating improved tax efficiency[19] - Employee compensation payments increased to ¥23,008,678.68 from ¥22,623,247.88, showing a rise of approximately 1.7%[19] Other Financial Metrics - The weighted average return on equity was 0.31%, an improvement from -0.24% in the previous year[5] - The impact of exchange rate fluctuations on cash and cash equivalents increased by 178.96% due to exchange rate changes during the reporting period[10] - The company has not yet audited the first quarter report, which may impact the reliability of the financial data presented[21]