KAMA(SH:900953)2024-04-25 09:07Financial Performance - The company's operating revenue for Q1 2024 was ¥831,218,985.62, representing a year-on-year increase of 12.16%[5] - The net profit attributable to shareholders was -¥9,730,661.10, with a net profit excluding non-recurring items of -¥14,528,177.56, indicating a significant loss[5] - The net profit for Q1 2024 was a loss of ¥4,814,274.47, compared to a profit of ¥3,179,490.68 in Q1 2023, indicating a significant decline[20] - The total comprehensive income attributable to the parent company was -9,730,661.10 CNY, compared to -1,765,618.22 CNY in the same period last year, indicating a significant decline[21] - The company incurred a basic and diluted earnings per share of -0.0152 CNY, compared to -0.0028 CNY in the same quarter last year, reflecting a worsening performance[21] - The net loss for Q1 2024 was CNY 5,946,340.32, slightly higher than the net loss of CNY 5,632,011.97 in Q1 2023[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,428,000,996.57, a 4.5% increase from the previous year[5] - The company's total assets as of March 31, 2024, amounted to ¥3,428,000,996.57, an increase from ¥3,280,342,942.64 at the end of 2023[15] - The total liabilities increased to ¥3,026,840,580.26 in Q1 2024 from ¥2,874,368,251.86 in Q1 2023, reflecting a rise of 5.3%[15] - The total liabilities as of March 31, 2024, were 309,652,143.54 CNY, slightly decreased from 318,665,151.80 CNY at the end of 2023[25] - The total owner's equity as of Q1 2024 was CNY 53,596,725.08, down from CNY 59,543,065.40 in the previous year[26] Cash Flow - The net cash flow from operating activities decreased by 33.23% to ¥13,066,308.64, primarily due to increased tax payments and personnel relocation expenses[7] - The net cash flow from operating activities was 13,066,308.64 CNY, down from 19,569,949.09 CNY year-over-year, reflecting a decrease of approximately 33.8%[23] - The net cash flow from operating activities for Q1 2024 was CNY 3,647,403.13, a significant improvement from a net outflow of CNY 3,351,256.54 in Q1 2023[30] - The net cash flow from investing activities was -488,057.67 CNY, a decrease from 342,626.22 CNY in the previous year, indicating a negative shift in investment cash flow[23] - The total cash outflow from investing activities in Q1 2024 was CNY 9,715,391.42, significantly higher than CNY 5,000,000.00 in Q1 2023[31] - The cash inflow from financing activities was 255,210,000.00 CNY, a slight decrease from 261,930,000.00 CNY in the previous year, indicating stable financing activity[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 23,258[8] - The largest shareholder, China Hengtian Group Co., Ltd., holds 29.83% of the shares, followed by Weichai Holding Group Co., Ltd. with 12.13%[8] Research and Development - Research and development expenses increased to ¥13,837,920.27 in Q1 2024, compared to ¥9,680,130.84 in Q1 2023, an increase of 43.5%[20] Other Information - The company did not report any significant new product developments or market expansion strategies during this quarter[11] - The company recognized non-recurring gains of ¥4,797,516.46 during the quarter, primarily from government subsidies and other non-operating income[6] - The company's cash and cash equivalents decreased to ¥385,725,524.51 from ¥421,349,668.01, a decline of 8.4%[14] - Cash and cash equivalents at the end of Q1 2024 were CNY 5,474,269.74, compared to CNY 1,742,100.28 at the end of Q1 2023[31] - The company received CNY 50,000,000.00 in borrowings during Q1 2024, compared to no borrowings in Q1 2023[31] - The company received tax refunds amounting to 5,008,762.88 CNY, an increase from 4,527,687.40 CNY in the same quarter last year, indicating improved cash flow from tax returns[23]