NKF(603707)2024-04-26 14:21Financial Performance - The company's operating revenue for Q1 2024 was ¥1,004,271,789.41, representing a decrease of 23.19% compared to the same period last year[4] - The net profit attributable to shareholders for Q1 2024 was ¥177,190,306.66, down 46.68% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥171,375,746.74, a decrease of 48.12% compared to the previous year[4] - Basic earnings per share for Q1 2024 were ¥0.11, down 47.62% year-on-year[4] - Total operating revenue for Q1 2024 was CNY 1,004,271,789.41, a decrease of 23.2% compared to CNY 1,307,482,631.58 in Q1 2023[20] - Net profit for Q1 2024 was CNY 177,186,922.12, a decline of 46.6% from CNY 332,327,791.78 in Q1 2023[21] - Earnings per share for Q1 2024 were CNY 0.11, compared to CNY 0.21 in Q1 2023[22] - The company reported a total comprehensive income of CNY 177,164,282.54 for Q1 2024, compared to CNY 331,032,392.91 in Q1 2023[21] Cash Flow - The net cash flow from operating activities increased by 64.15% to ¥200,989,514.81[4] - In Q1 2024, the company reported operating cash inflow of ¥993,308,222.13, a decrease of 4.9% from ¥1,044,694,049.07 in Q1 2023[23] - The net cash flow from operating activities increased to ¥200,989,514.81, up by 64.1% compared to ¥122,444,973.99 in the same period last year[23] - Investment cash inflow surged to ¥382,018,817.36, significantly higher than ¥70,968,074.12 in Q1 2023[24] - The net cash flow from investment activities was negative at -¥789,963,439.08, worsening from -¥90,259,769.30 year-over-year[24] - Cash inflow from financing activities reached ¥1,097,714,755.17, an increase of 96.0% compared to ¥560,376,285.66 in Q1 2023[24] - The net cash flow from financing activities was positive at ¥481,803,012.85, up from ¥317,544,458.99 in the previous year[24] - The company experienced a net decrease in cash and cash equivalents of -¥107,407,553.67 in Q1 2024, contrasting with an increase of ¥352,187,844.32 in Q1 2023[24] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥9,635,050,415.82, an increase of 1.16% from the end of the previous year[5] - The equity attributable to shareholders at the end of Q1 2024 was ¥5,982,030,561.66, up 3.10% from the end of the previous year[5] - The total assets of the company were CNY 9,635,050,415.82 in Q1 2024, an increase from CNY 9,524,263,988.46 in Q1 2023[18] - Total liabilities decreased to CNY 3,656,492,996.24 in Q1 2024 from CNY 3,725,766,674.92 in Q1 2023[18] - Total equity increased to CNY 5,978,557,419.58 in Q1 2024 from CNY 5,798,497,313.54 in Q1 2023[18] - The company's short-term borrowings rose to CNY 1.69 billion, compared to CNY 1.57 billion, marking an increase of about 8.1%[17] - The total liabilities of the company were not explicitly stated, but the increase in short-term borrowings suggests a potential rise in overall liabilities[17] Shareholder Information - The top three shareholders hold a combined 68.96% of the shares, with the largest shareholder owning 27.20%[10] - The company has a significant shareholder, Xie Juhua, holding 27.2% of shares, which may influence strategic decisions[12] Operational Metrics - The company reported non-recurring gains and losses, including government subsidies of ¥9,924,666.28 and losses from the disposal of non-current assets of ¥12,500.77[6] - Research and development expenses for Q1 2024 were CNY 74,903,809.77, up from CNY 67,644,860.12 in Q1 2023[20] - Sales expenses decreased significantly to CNY 65,188,546.12 in Q1 2024 from CNY 120,850,358.45 in Q1 2023[20] - The company reported a total of 7.41 billion in current assets, which is an increase from 7.26 billion, reflecting a growth of approximately 2.0%[15] - The company's long-term assets totaled approximately CNY 2.23 billion, down from CNY 2.26 billion, indicating a decrease of about 1.5%[17] - The company's cash and cash equivalents reached CNY 1.42 billion, up from CNY 1.21 billion in the previous year, indicating a growth of approximately 17.3%[15] - Accounts receivable increased to CNY 887.27 million from CNY 751.30 million, representing a rise of about 18.1%[15] - Inventory decreased to CNY 3.93 billion from CNY 4.16 billion, showing a decline of approximately 5.5%[15] - The company is actively involved in securities lending, with a total of 331,700 shares lent out as of March 31, 2024[11]