LKDF(002413)2024-04-28 07:51Revenue and Profitability - The company's revenue for Q1 2024 was ¥238,357,963.09, a decrease of 20.92% compared to ¥301,408,771.82 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥31,321,344.43, representing a decline of 288.86% from a profit of ¥16,584,139.25 in Q1 2023[5] - The net loss for Q1 2024 was ¥29,925,092.80, compared to a net profit of ¥16,799,456.88 in Q1 2023, indicating a significant decline in profitability[19] - The company's basic and diluted earnings per share were both -¥0.02, a decrease of 300.00% compared to ¥0.01 in Q1 2023[5] - The weighted average return on equity was -0.82%, down 1.22% from 0.40% in the same period last year[5] Cash Flow and Liquidity - The net cash flow from operating activities improved to ¥26,228,589.54, a 124.15% increase from a negative cash flow of ¥108,629,056.66 in the previous year[5] - Total cash inflow from operating activities reached ¥306,615,475.47, compared to ¥251,337,194.48 in Q1 2023, reflecting a year-over-year increase of approximately 21.9%[20] - Cash outflow from operating activities decreased to ¥280,386,885.93 from ¥359,966,251.14, marking a reduction of about 22%[20] - The net cash flow from investing activities was -¥73,884,193.98, an improvement from -¥111,738,601.00 in Q1 2023, showing a reduced cash burn in investments[21] - Cash and cash equivalents at the end of Q1 2024 stood at ¥339,274,967.95, compared to ¥266,965,600.62 at the end of Q1 2023, showing an increase of approximately 27%[21] Assets and Liabilities - Total assets decreased by 4.87% to ¥5,028,638,737.82 from ¥5,285,815,304.23 at the end of the previous year[5] - The total liabilities decreased to ¥1,220,599,257.91 from ¥1,428,292,704.60, a decline of approximately 15%[16] - Total current assets decreased from ¥3,020,393,391.37 to ¥2,832,434,275.13, a decrease of about 6.2%[14] - Cash and cash equivalents decreased from ¥599,024,724.64 to ¥339,653,412.98, a decline of approximately 43.4%[14] Shareholder Information - Total number of common shareholders at the end of the reporting period is 134,854[11] - The top 10 shareholders hold significant stakes, with the largest shareholder holding 1.86% of shares[11] Operating Costs and Expenses - Total operating costs for Q1 2024 were ¥263,902,124.90, down from ¥293,305,531.97 in the previous year, reflecting a reduction of approximately 10%[18] - Research and development expenses increased to ¥44,430,663.81 in Q1 2024, up from ¥39,448,545.09 in Q1 2023, reflecting a growth of about 12%[18] - Other income fell by 77.68% to ¥3,245,639.38 compared to ¥14,541,832.07 in the previous year, primarily due to a decrease in government subsidies[8] Investments and Impairments - The company recorded a credit impairment loss of -¥6,670,521.89, an increase of 210.78% from -¥2,146,376.58 in Q1 2023, indicating higher provisions for bad debts[8] - Long-term equity investments decreased from ¥246,302,681.94 to ¥234,878,597.56, a decline of approximately 4.6%[14] - Other equity instrument investments decreased from ¥336,870,832.06 to ¥315,867,046.95, a decline of about 6.2%[14] Audit and Financial Reliability - The company has not undergone an audit for the Q1 2024 report, which may affect the perception of financial reliability[22]