Financial Performance - The company's revenue for Q1 2024 was CNY 2,193,576,206.91, representing a 4.64% increase compared to CNY 2,096,296,501.44 in the same period last year[5] - Net profit attributable to shareholders was CNY 11,658,850.40, a significant increase of 53.55% from CNY 7,592,642.67 year-on-year[5] - The net profit for Q1 2024 was CNY 16,369,605.79, a significant increase of 127.5% compared to CNY 7,190,985.37 in Q1 2023[30] - Operating profit rose to CNY 18,373,260.35, up from CNY 7,423,299.61, reflecting a growth of 147.5% year-over-year[30] - The company reported a total comprehensive income of CNY 16,369,605.79, compared to CNY 7,190,985.37 in the same period last year, indicating a growth of 127.5%[31] - Basic and diluted earnings per share increased to CNY 0.0107 from CNY 0.0070, reflecting a growth of 52.9%[31] Cash Flow and Assets - The net cash flow from operating activities reached CNY 396,609,648.91, a remarkable increase of 363.94% compared to CNY 85,486,530.67 in the previous year[13] - Cash and cash equivalents at the end of Q1 2024 amounted to CNY 2,483,332,107.28, slightly up from CNY 2,472,113,966.51 at the beginning of the period[25] - Cash and cash equivalents at the end of the period amounted to CNY 2,392,051,127.59, up from CNY 1,714,611,902.15, an increase of 39.4%[35] - The company experienced a net cash outflow from investing activities of CNY 202,165,148.87, compared to a net inflow of CNY 120,851,420.79 in the previous year[34] - Financing activities resulted in a net cash outflow of CNY 93,256,857.15, an improvement from a net outflow of CNY 114,541,194.65 in Q1 2023[35] Expenses and Liabilities - Total operating costs for Q1 2024 were CNY 2,178,472,976.58, up from CNY 2,104,969,991.65, reflecting a year-over-year increase of 3.5%[29] - The company's financial expenses increased by 37.46% to CNY 31,047,002.17, primarily due to higher interest expenses[11] - Total liabilities decreased to CNY 6,244,273,141.15 from CNY 6,311,231,955.59, showing a reduction of 1.06%[28] Shareholder Information - The total number of common shareholders at the end of the reporting period is 34,189[15] - Jiangsu Bosi Da holds 25.01% of shares, totaling 277,563,504 shares[15] - Nanjing Qianmiao Nuo holds 11.52% of shares, totaling 127,819,468 shares[15] - HCM KW (HK) Holdings owns 6.30% of shares, totaling 69,911,502 shares[16] - Coral Root Investment holds 5.53% of shares, totaling 61,380,847 shares[16] - The total number of shares held by the top 10 shareholders is significant, with the largest shareholder holding over 25%[15] - The company has a repurchase account holding 7,954,000 shares, representing 0.72%[16] - Shanghai Shen Chuang holds 1.05% of shares after borrowing 2,219,900 shares[20] - The company has seen changes in shareholder structure due to the entry and exit of certain investment partnerships[20] - The report indicates that there are no applicable preferred shareholders or changes in restricted shares[21] Research and Development - Research and development expenses decreased by 40.37% to CNY 9,013,300.49 from CNY 15,115,830.13 in the same period last year[11] - Research and development expenses decreased to CNY 9,013,300.49 from CNY 15,115,830.13, a reduction of 40.5%[30] Other Income and Investments - The company experienced a 49.97% increase in investment income, reaching CNY 4,101,177.70 compared to CNY 2,734,686.97 in the previous year[11] - The company reported a significant increase in other income, which rose by 167.08% to CNY 2,829,020.76 from CNY 1,059,255.74 year-on-year[11]
孩子王(301078) - 2024 Q1 - 季度财报