Kaiser(002425)2024-04-29 14:06Financial Performance - The company's operating revenue for Q1 2024 was ¥149,437,193.02, representing a 74.28% increase compared to ¥85,747,592.75 in the same period last year[5] - The net profit attributable to shareholders was ¥6,024,801.26, a significant turnaround from a loss of ¥22,747,268.19 in the previous year, marking a 126.49% increase[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥4,888,003.60, compared to a loss of ¥24,136,702.70 last year, reflecting a 120.25% improvement[5] - The company reported a weighted average return on equity of 0.17%, up from -0.52% in the previous year[5] - In Q1 2024, the company reported a net profit of CNY 2,964,550.67, a significant recovery from a net loss of CNY 25,804,420.63 in the same period last year[17] - The company's operating profit reached CNY 2,139,202.66, a turnaround from an operating loss of CNY 25,903,841.49 in the previous year[17] - The company recorded a total comprehensive income of CNY 3,053,393.78, recovering from a loss of CNY 27,907,650.97 in the same quarter last year[18] - Basic and diluted earnings per share improved to CNY 0.0064, compared to a loss per share of CNY 0.0240 in Q1 2023[18] Cash Flow and Assets - The company's cash flow from operating activities showed a net outflow of ¥895,716.31, a decrease of 109.54% from a positive cash flow of ¥9,390,209.96 in the same period last year[5] - The company's cash and cash equivalents at the end of Q1 2024 were RMB 207,402,070.47, a decrease from RMB 214,708,594.55 at the beginning of the quarter[13] - Cash and cash equivalents at the end of the period increased to CNY 205,492,950.49 from CNY 192,867,942.86, marking a growth of approximately 6.7%[20] - The total cash inflow from investment activities was CNY 121,503,979.29, down from CNY 254,063,639.53 in Q1 2023, indicating a decline of approximately 52.2%[20] Costs and Expenses - The total operating costs for Q1 2024 amounted to RMB 139,042,777.12, up from RMB 99,174,938.51 in the previous year, reflecting a year-over-year increase of 40.2%[16] - The company's R&D expenses decreased by 72.63% compared to the same period last year, attributed to personnel adjustments between ongoing and newly launched projects[9] - Research and development expenses decreased to CNY 3,536,689.12 from CNY 12,921,391.59, reflecting a reduction of approximately 72.6%[17] - The company's financial expenses increased by 593.36% year-on-year, primarily due to reduced interest income and foreign exchange losses[9] - The income tax expense decreased by 764.09% year-on-year, primarily due to a reduction in deferred tax expenses[9] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,134,536,981.32, a slight increase of 0.13% from ¥4,129,067,405.35 at the end of the previous year[5] - The total assets of the company as of March 31, 2024, were RMB 4,134,536,981.32, slightly up from RMB 4,129,067,405.35 at the beginning of the quarter[15] - The total liabilities increased to RMB 509,702,134.87 from RMB 507,285,952.68, showing a marginal rise of 0.4%[15] - The long-term equity investments were valued at RMB 109,193,018.15, slightly down from RMB 109,773,108.53 at the beginning of the quarter[14] Other Financial Metrics - The asset disposal gains increased by 3504.84% compared to the previous year, mainly due to the disposal of usage rights assets[9] - The company reported a significant decrease in credit impairment losses, which were CNY -9,001,338.34, compared to CNY -12,958,418.68 in the previous year[17] - Accounts receivable increased to RMB 354,728,968.57 from RMB 339,623,097.98, indicating a rise of 4.3%[14] - The company held a total of 8,627,600 shares in treasury, representing 0.90% of the total share capital[11] - The company reported a decrease in inventory-related assets, with total current assets amounting to RMB 842,365,218.10, down from RMB 854,165,830.00[14]