KAN(SZ:002012)2025-04-28 10:45Revenue and Profit - The company's revenue for Q1 2025 was CNY 140,242,660.94, a slight increase of 0.05% compared to CNY 140,175,219.97 in the same period last year[5] - Total profit for the quarter decreased by 25.71% to CNY 9,694,911.09 from CNY 13,049,537.51 year-on-year[5] - Net profit attributable to shareholders was CNY 5,040,061.58, down 16.79% from CNY 6,056,980.61 in the previous year[5] - Total operating revenue for the current period is $140,242,660.94, a slight increase from $140,175,219.97 in the previous period, representing a growth of approximately 0.05%[19] - Net profit for the current period is $8,337,129.04, down from $10,970,005.98, reflecting a decrease of approximately 24%[20] - Operating profit decreased to $9,910,689.09 from $12,899,537.51, a decline of about 23%[20] - The company reported a decrease in sales revenue from customers, totaling $119,953,376.19, down from $130,147,024.01[22] - The company’s total comprehensive income for the current period is $8,337,129.04, compared to $10,970,005.98 in the previous period[21] - Basic and diluted earnings per share remain at $0.01 for both periods[21] Cash Flow - The net cash flow from operating activities surged by 5,980.23% to CNY 43,160,882.21, compared to CNY 709,856.53 in the same period last year[5] - Cash flow from operating activities generated a net amount of $43,160,882.21, significantly up from $709,856.53 in the previous period[22] - Cash flow from investing activities resulted in a net outflow of $94,914,345.13, compared to a larger outflow of $257,262,077.32 previously[23] - Cash flow from financing activities showed a net outflow of $470,754.57, an improvement from a net outflow of $9,904,811.03 in the prior period[23] Assets and Liabilities - The company's total assets increased by 1.40% to CNY 1,824,698,578.74 from CNY 1,799,459,069.98 at the end of the previous year[5] - Current assets totaled CNY 1,171,854,382.88, up from CNY 1,145,794,267.55 at the beginning of the period, reflecting a growth of approximately 2.6%[14] - Total liabilities increased to CNY 116,279,197.23 from CNY 99,376,817.51, indicating a rise of about 17.9%[16] - The total equity attributable to the parent company reached CNY 1,531,968,814.69, slightly up from CNY 1,526,928,753.11[16] - The company’s non-current assets totaled CNY 652,844,195.86, slightly down from CNY 653,664,802.43, indicating a marginal decrease[15] Investments and Financial Assets - The company reported a significant increase of 60.00% in trading financial assets, totaling CNY 256,000,000.00 due to the purchase of bank wealth management products[8] - The company reported a significant increase in trading financial assets, which rose to CNY 256,000,000.00 from CNY 160,001,135.33, marking a growth of approximately 60%[14] - Investment income grew by 126.39% to CNY 5,109,094.17, due to increased investment returns recognized under the equity method[9] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 24,414, with the largest shareholder holding 21.91% of the shares[11] Expenses - Sales expenses increased by 39.58% to CNY 4,227,939.37, reflecting higher sales investments compared to the previous year[9] - Total operating costs increased to $135,891,134.79 from $132,667,520.86, marking an increase of about 2.4%[19] Accounts Receivable and Inventory - Accounts receivable financing rose by 93.04% to CNY 9,787,301.62, attributed to the receipt of bank acceptance bills[8] - The company’s accounts receivable decreased to CNY 132,155,262.12 from CNY 142,445,665.35, representing a decrease of approximately 7.2%[14] - The company’s inventory decreased to CNY 112,528,539.28 from CNY 125,772,054.37, a decline of about 10.6%[14] Borrowings - The company’s short-term borrowings decreased to CNY 8,999,467.91 from CNY 12,158,703.70, a reduction of approximately 26.5%[15]