JONJEE(SH:600872)2024-04-23 12:37Financial Performance - The company's operating revenue for Q1 2024 was RMB 1,484,645,097.64, representing an increase of 8.64% compared to the same period last year[4]. - Net profit attributable to shareholders was RMB 239,018,826.73, reflecting a significant increase of 59.70% year-on-year[4]. - Basic earnings per share were reported at RMB 0.3117, an increase of 60.59% year-on-year[4]. - Total revenue for Q1 2024 reached RMB 1.485 billion, an increase of RMB 118 million, representing a growth of 8.64% year-on-year[17]. - The consolidated net profit for Q1 2024 was RMB 261.71 million, an increase of RMB 102.24 million, reflecting a year-on-year growth of 64.11%[17]. - The net profit attributable to the parent company was RMB 239.02 million, up RMB 89.35 million, with a growth rate of 59.70%[17]. - The total comprehensive income for Q1 2024 was CNY 261,710,359.49, compared to CNY 159,384,126.02 in Q1 2023, indicating an increase of approximately 64.2%[25]. Cash Flow - The net cash flow from operating activities reached RMB 402,801,054.38, marking a substantial increase of 106.43% compared to the previous year[4]. - In Q1 2024, the company reported cash inflows from operating activities totaling CNY 1,679,597,423.16, an increase from CNY 1,477,060,384.01 in Q1 2023, representing a growth of approximately 13.7%[28]. - The net cash flow from operating activities for Q1 2024 was CNY 402,801,054.38, compared to CNY 195,130,966.05 in Q1 2023, indicating a significant increase of about 106.1%[28]. - Cash inflows from investment activities amounted to CNY 393,296,246.66 in Q1 2024, up from CNY 25,760,668.62 in Q1 2023, reflecting a substantial increase of approximately 1,426.5%[28]. - The company received CNY 390,357,142.00 from the recovery of investments in Q1 2024, a significant increase from CNY 20,134,240.05 in Q1 2023, representing a growth of approximately 1,840.5%[28]. - The company paid CNY 85,885,519.43 in taxes during Q1 2024, compared to CNY 65,183,742.55 in Q1 2023, reflecting an increase of about 31.8%[28]. Assets and Liabilities - Total assets at the end of Q1 2024 were RMB 6,695,221,468.13, a slight decrease of 0.35% from the end of the previous year[5]. - The total liabilities amounted to CNY 1,333,578,901.52, down from CNY 1,518,352,188.76 in the previous year, reflecting a decrease of approximately 12.1%[21]. - The total equity attributable to shareholders of the parent company increased to CNY 4,843,166,568.99 from CNY 4,704,744,444.34, marking a rise of about 2.9%[21]. - The company's equity attributable to shareholders increased by 2.94% to RMB 4,843,166,568.99 compared to the end of the previous year[5]. - The total current liabilities were CNY 1,143,183,825.69, down from CNY 1,337,149,691.84, indicating a reduction of approximately 14.5%[20]. Market and Growth Strategy - The company plans to continue expanding its market presence and investing in new product development to drive future growth[4]. - The revenue from the subsidiary Meiwai Xian increased by RMB 135.19 million to RMB 1.461 billion, marking a growth of 10.20% year-on-year[17]. Shareholder Information - The company repurchased 18,450,462 shares, accounting for 2.35% of the total share capital[14]. - The top ten shareholders collectively hold 53,938 shares, with the largest shareholder owning 10.99%[12]. Inventory and Other Financial Metrics - The inventory as of March 31, 2024, was RMB 1.546 billion, a decrease from RMB 1.618 billion in the previous period[19]. - The company's contract liabilities were CNY 82,671,471.74, compared to CNY 108,240,118.99 in the previous year, reflecting a decrease of about 23.5%[20]. - Research and development expenses for Q1 2024 were CNY 42,637,659.24, slightly down from CNY 43,870,215.70 in Q1 2023, showing a decrease of about 2.8%[22].