金山办公(688111) - 2024 Q1 - 季度财报

Revenue and Profit Growth - Revenue for the first quarter of 2024 reached 1,225,297,495.19 yuan, a year-on-year increase of 16.54%[4] - Net profit attributable to shareholders of the listed company was 367,017,201.69 yuan, up 37.31% year-on-year[4] - Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 352,094,578.62 yuan, an increase of 40.56% year-on-year[4] - Revenue for the quarter reached 1,225.3 million yuan, a year-on-year increase of 16.54%[12] - Net profit attributable to the parent company was 367.02 million yuan, up 37.31% year-on-year[12] - Total revenue for Q1 2024 reached 1,225,297,495.19 RMB, a 16.5% increase compared to 1,051,441,001.94 RMB in Q1 2023[19] - Net profit attributable to the parent company increased by 8.96% to 4,460,080,011.39 RMB in Q1 2024 from 4,093,062,809.70 RMB in Q1 2023[18] - Operating income grew by 16.5% to 1,225,297,495.19 RMB in Q1 2024 from 1,051,441,001.94 RMB in Q1 2023[19] - Operating profit for Q1 2024 reached 388.66 million RMB, compared to 281.86 million RMB in the same period last year[20] - Net profit attributable to parent company shareholders was 367.02 million RMB, up from 267.29 million RMB in Q1 2023[20] - Revenue from sales of goods and services reached 1.22 billion RMB, up from 1.03 billion RMB in Q1 2023[22] Earnings Per Share and Cash Flow - Basic earnings per share (EPS) were 0.79 yuan, up 36.21% year-on-year[4] - Diluted earnings per share (EPS) were 0.79 yuan, up 36.21% year-on-year[5] - Net cash flow from operating activities was 153,444,865.17 yuan, a year-on-year increase of 21.99%[4] - Basic and diluted earnings per share for Q1 2024 were 0.79 RMB, compared to 0.58 RMB in the previous year[21] - Cash flow from operating activities increased to 153.44 million RMB, up from 125.79 million RMB in Q1 2023[22] - Cash flow from investing activities showed a net outflow of 1.47 billion RMB, an improvement from the 3.38 billion RMB outflow in the same period last year[23] - Total cash and cash equivalents at the end of Q1 2024 stood at 2.11 billion RMB, compared to 3.75 billion RMB at the end of Q1 2023[23] R&D and Operational Expenses - Total R&D investment was 404,747,538.82 yuan, accounting for 33.03% of revenue, a decrease of 0.75 percentage points year-on-year[5] - R&D expenses rose to 404,747,538.82 RMB in Q1 2024, up 13.9% from 355,216,409.25 RMB in Q1 2023[19] - Payments for goods and services increased to 238.73 million RMB, compared to 180.65 million RMB in the previous year[22] - Employee compensation and benefits payments rose to 729.34 million RMB, up from 663.37 million RMB in Q1 2023[22] - Tax payments increased to 123.56 million RMB, compared to 103.13 million RMB in the same period last year[22] Assets and Liabilities - Total assets at the end of the reporting period were 14,084,304,390.86 yuan, an increase of 0.79% compared to the end of the previous year[5] - Equity attributable to shareholders of the listed company was 10,337,150,408.81 yuan, an increase of 3.90% compared to the end of the previous year[5] - Total assets grew to 14,084,304,390.86 RMB as of March 31, 2024, compared to 13,974,021,307.95 RMB at the end of 2023[18] - Total equity attributable to the parent company increased to 10,337,150,408.81 RMB as of March 31, 2024, up 3.9% from 9,948,797,727.75 RMB at the end of 2023[18] - Total liabilities decreased to 3,677,970,244.69 RMB as of March 31, 2024, down 7% from 3,954,415,069.13 RMB at the end of 2023[18] - Cash and cash equivalents decreased to 2,111,399,370.51 RMB as of March 31, 2024, down 39.3% from 3,478,159,254.52 RMB at the end of 2023[16] - Contract liabilities stood at 1,822,708,169.79 RMB as of March 31, 2024, a 3.7% decrease from 1,891,874,143.93 RMB at the end of 2023[17] - Accounts receivable decreased slightly to 552,990,667.46 RMB as of March 31, 2024, compared to 566,940,348.12 RMB at the end of 2023[16] Shareholder and Equity Information - Kingsoft WPS Corporation Limited holds 238,387,351 shares, representing a significant portion of the company's equity[10] - The top 10 shareholders collectively hold a substantial portion of the company's shares, with significant changes in shareholding due to margin trading and securities lending activities[11] - The weighted average return on equity (ROE) was 3.62%, an increase of 0.61 percentage points year-on-year[5] Product and Market Performance - Monthly active devices for the main products reached 602 million, a 2.21% increase compared to the same period last year[13] - WPS Office PC version monthly active devices reached 270 million, a 7.14% year-on-year increase[13] - Domestic personal office service subscription revenue was 734.46 million yuan, up 24.80% year-on-year[13] - Domestic institutional subscription and service revenue was 242.14 million yuan, a 13.57% increase year-on-year[13] - Domestic institutional licensing revenue was 193.94 million yuan, up 6.31% year-on-year[13] - International and other business revenue was 54.72 million yuan, a decrease of 18.44% year-on-year[13]