金卡智能(300349) - 2024 Q1 - 季度财报

Financial Performance - The company achieved operating revenue of CNY 718,680,197.08 in Q1 2024, representing a year-on-year increase of 12.48%[4] - Net profit attributable to shareholders reached CNY 98,957,186.30, up 22.03% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 85,068,300.15, reflecting a growth of 35.36% year-on-year[4] - The total comprehensive income increased from 83,723,366.32 to 102,616,599.89, representing a growth of approximately 22.5%[29] - The company's net profit for Q1 2024 reached 102,615,842.83, an increase of 22.5% compared to 83,808,154.79 in the same period last year[60] - Operating profit for the quarter was 117,540,854.60, up from 94,648,590.79, reflecting a growth of 24.1% year-over-year[60] - The total profit for the quarter was 120,170,427.06, compared to 95,283,948.11, reflecting an increase of 26.1% year-over-year[60] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,926[18] - The largest shareholder, Zhejiang Jinka High-tech Engineering Co., Ltd., holds 21.96% of the shares, with 43,850,000 shares pledged[18] - As of March 31, 2024, the company repurchased a total of 2,095,100 shares, accounting for 0.50% of the total share capital, with a total expenditure of RMB 25,790,864.00[24] - The company plans to repurchase shares within a budget of RMB 30 million to RMB 60 million, with a maximum repurchase price of RMB 15 per share[22] Asset and Liability Management - The company's total assets decreased by 3.86% from the end of the previous year, amounting to CNY 6,938,859,988.93[4] - The company's cash and cash equivalents decreased from RMB 778,509,093.36 at the beginning of the period to RMB 537,258,542.64 at the end of the period[25] - Accounts receivable increased from RMB 1,573,299,266.37 to RMB 1,827,739,458.57, indicating a growth of approximately 16.2%[25] - Inventory decreased from RMB 515,302,965.46 to RMB 431,412,691.49, reflecting a decline of about 16.3%[25] - The total current assets increased from RMB 223,766,744.60 to RMB 344,973,233.91, showing a growth of approximately 54%[25] - The company’s non-current assets decreased from RMB 4,638,040,222.02 to RMB 4,350,367,361.96, a decline of about 6.2%[25] - The company’s total financial assets increased from RMB 876,513,470.39 to RMB 932,298,576.88, representing a growth of approximately 6.4%[25] - The total liabilities decreased to ¥2,535,359,695.58 from ¥2,892,215,797.89 year-on-year[51] - Non-current liabilities decreased from 2,362,492,458.23 to 2,005,535,703.67, a reduction of about 15.09%[26] Cash Flow Analysis - The net cash flow from operating activities was negative at CNY -336,469,114.48, a decline of 89.45% year-on-year[4] - The net cash flow from operating activities was -336,469,114.48, compared to -177,603,595.29 in the previous period, indicating a worsening cash flow situation[31] - The net cash flow from operating activities was ¥597,257,519.96, compared to ¥543,255,307.25 in the previous year, reflecting a growth of 9.9%[54] - Investment activities generated a net cash flow of 166,966,347.39, compared to 186,431,862.14 in the previous period, showing a slight decrease[31] Government Subsidies and Other Income - The company received government subsidies related to VAT refunds totaling CNY 27,450,607.97, which positively impacted its financial performance[6] - The company received government subsidies amounting to 2,920,932.29, contributing positively to the financial results[35] - Total revenue from other income increased significantly to 34,411,554.19, compared to 21,033,074.78 in the previous year, marking a rise of 63.8%[60] Expenses and Investments - The company's management expenses rose to ¥33,517,265.60, an increase of 31.0% from ¥25,588,732.52 in Q1 2023[59] - The research and development expenses for Q1 2024 were ¥50,477,546.34, slightly up from ¥48,591,768.96 in the same period last year[59] - The company invested ¥367,598,986.00 in financial products, a significant increase of 544.91% compared to ¥57,000,000.00 in the same period last year[40] - The company reported a decrease in the cash paid for fixed assets and intangible assets by 60.41% to ¥37,476,107.30 compared to the previous year[40] Earnings and Taxation - The basic earnings per share increased to CNY 0.24, a rise of 20.00% compared to the previous year[4] - Basic and diluted earnings per share improved from 0.20 to 0.24, reflecting a 20% increase[29] - The company reported a tax expense of 17,554,584.23, which is an increase from 11,475,793.32, showing a rise of 53.1%[60] Foreign Exchange and Other Comprehensive Income - The company recorded a foreign exchange loss of -9,352,142.49, compared to -9,178,737.93, reflecting a slight increase in losses[60] - Other comprehensive income after tax for the quarter was 757.06, a recovery from a loss of -84,788.47 in the previous year[60]