康力源(301287) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥164,708,377.05, a decrease of 1.56% compared to ¥167,321,394.70 in the same period last year[4] - Net profit attributable to shareholders was ¥17,359,149.69, down 17.96% from ¥21,160,476.41 year-on-year[4] - Basic and diluted earnings per share were both ¥0.26, representing a decline of 38.10% compared to ¥0.42 in the same period last year[4] - Total operating revenue for Q1 2024 was CNY 164,708,377.05, a decrease of 3.66% from CNY 167,321,394.70 in the previous period[15] - Net profit for Q1 2024 was CNY 17,381,440.93, representing a decline of 17.99% compared to CNY 21,085,054.26 in the same period last year[17] - Earnings per share (EPS) for Q1 2024 was CNY 0.26, down from CNY 0.42 in the previous year[18] Cash Flow - The net cash flow from operating activities decreased by 66.40% to ¥11,722,368.15 from ¥34,892,045.62 in the previous year[4] - Cash inflow from operating activities increased to CNY 193,162,258.65, compared to CNY 157,026,352.50 in the previous period, marking a growth of 22.96%[20] - Cash outflow from operating activities rose to CNY 181,439,890.50, up from CNY 122,134,306.88, indicating a significant increase of 48.49%[20] - The net cash flow from operating activities for Q1 2024 was ¥11,722,368.15, a decrease from ¥34,892,045.62 in Q1 2023[21] - The net cash flow from investing activities was -¥8,755,443.01, compared to -¥3,163,625.53 in the same period last year[21] - The total cash inflow from investing activities was ¥5,472,000.00, while the cash outflow was ¥14,227,443.01, resulting in a significant net outflow[21] - The net cash flow from financing activities was -¥1,259,430.42, compared to -¥905,536.78 in Q1 2023[21] - The net increase in cash and cash equivalents for the quarter was ¥2,506,606.35, down from ¥27,285,257.62 in Q1 2023[21] - The ending balance of cash and cash equivalents was ¥1,050,703,910.71, compared to ¥358,884,224.99 at the end of Q1 2023[21] Assets and Liabilities - Total assets increased by 1.65% to ¥1,441,753,028.15 from ¥1,418,344,973.03 at the end of the previous year[4] - The total liabilities stood at CNY 288,098,471.17, up from CNY 282,852,635.32, indicating a rise of approximately 1.4%[13] - The company's total liabilities amounted to CNY 332,739,192.75, an increase from CNY 326,712,578.56 in the previous period[17] - The company's non-current assets totaled CNY 169,666,160.86, up from CNY 167,221,659.44, reflecting a growth of about 1.5%[13] Expenses - Sales expenses rose significantly by 86.39% to ¥26,904,527.40, primarily due to increased costs associated with e-commerce platforms[9] - Management expenses increased by 51.29% to ¥5,667,817.66, mainly driven by higher salaries and consulting service fees[9] - The company reported a financial expense of -¥6,380,240.10, a significant change of -262.93% due to increased interest income[9] - The company reported a financial expense of CNY -6,380,240.10, a significant change from CNY 3,915,863.36 in the previous period[17] Other Financial Metrics - The company's weighted average return on equity decreased to 1.59% from 5.22% year-on-year, a drop of 3.63%[4] - The company experienced a 93.08% decline in non-operating income, which fell to CNY 35,616.29 from CNY 514,421.00, primarily due to reduced government subsidies[10] - The company reported a credit impairment loss of CNY 90,885.35, a significant increase of 109.26% compared to the previous period[10] - The fair value change loss was -¥2,065,828.35, attributed to the fair value changes of forward foreign exchange contracts[9] - The company reported a significant increase in asset disposal gains, which rose by 80.42% to CNY 33,825.94 compared to CNY 18,748.35 in the previous period[10] Shareholder Information - The number of common shareholders at the end of the reporting period was 8,714, with the largest shareholder holding 73.55% of the shares[10] Accounting Standards - The report for Q1 2024 was not audited[22] - The company began implementing new accounting standards starting in 2024[22]