KTK GROUP(SH:603680)2025-04-28 13:00Financial Performance - The company's operating revenue for Q1 2025 reached ¥1,086,387,399.65, representing a 22.09% increase compared to ¥889,806,522.02 in the same period last year[5] - Net profit attributable to shareholders was ¥149,395,610.59, a significant increase of 244.32% from ¥43,388,263.97 year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥159,943,459.99, up 291.54% from ¥40,850,243.93 in the previous year[5] - The basic and diluted earnings per share both increased to ¥0.19, reflecting a growth of 244.32% compared to ¥0.06 in the same period last year[5] - Operating profit for Q1 2025 was ¥175,256,031.89, significantly up from ¥55,235,901.34 in the same period last year, marking a 216.5% increase[21] - Net profit for Q1 2025 was ¥149,132,968.81, compared to ¥41,354,373.74 in Q1 2024, representing a 260.5% increase[21] - Total comprehensive income for Q1 2025 was ¥161,059,813.89, significantly higher than ¥35,546,115.89 in Q1 2024[21] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥9,578,336,734.48, a 1.56% increase from ¥9,430,859,486.08 at the end of the previous year[6] - Current assets totaled ¥7.427 billion, up from ¥7.287 billion in the previous period, with cash and cash equivalents at ¥402 million[16][17] - The company's total liabilities decreased slightly to ¥4.087 billion from ¥4.101 billion, with current liabilities at ¥3.613 billion[18][19] - The equity attributable to shareholders increased to ¥5.472 billion from ¥5.311 billion, reflecting a growth in retained earnings[18][19] Cash Flow - The net cash flow from operating activities was negative at -¥383,227,440.22, a decline of 444.71% compared to a positive cash flow of ¥111,174,365.48 in the same period last year[5] - Cash flow from operating activities for Q1 2025 showed a net outflow of ¥383,227,440.22, compared to a net inflow of ¥111,174,365.48 in Q1 2024[23] - Cash flow from investing activities for Q1 2025 was a net inflow of ¥130,736,422.62, contrasting with a net outflow of ¥19,413,293.17 in Q1 2024[24] - Cash flow from financing activities for Q1 2025 resulted in a net inflow of ¥223,878,455.01, compared to a net inflow of ¥14,947,519.00 in Q1 2024[24] Shareholder Information - The company reported a total of 13,886 common shareholders at the end of the reporting period[12] - The top two shareholders, Yu Jinkun and Ge Jianming, collectively control 66.941% of the company's shares[13] Business Strategy and Operations - The company decided to terminate its 3C business segment in India and will sell related assets, with a fair value of ₹1.307 billion and a book value of ₹2.587 billion, resulting in a loss of 46.71% on the transaction price of ₹1.21 billion[14][15] - The company has initiated the sale of other remaining assets as part of its strategy to optimize its asset structure and improve cash flow[15] - The company aims to focus on its core business to enhance profitability and financial stability following the divestiture of non-core assets[15] Expenses - The company reported a decrease in sales expenses to ¥27,296,885.28 in Q1 2025 from ¥41,289,958.90 in Q1 2024, a reduction of 33.9%[20] - Research and development expenses for Q1 2025 were ¥40,317,623.34, slightly down from ¥42,697,617.46 in Q1 2024, indicating a 5.5% decrease[20] Accounts Receivable and Inventory - The company recorded an increase in accounts receivable to ¥3.119 billion from ¥2.816 billion, indicating improved sales performance[16][17] - Inventory levels rose to ¥1.861 billion from ¥1.793 billion, suggesting potential stockpiling or increased production[17] Government Subsidies - The company received government subsidies amounting to ¥2,791,598.33, which are closely related to its normal business operations[7]