京北方(002987) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 1,115,396,933.04, representing an increase of 11.55% compared to CNY 999,936,450.12 in the same period last year[5] - Net profit attributable to shareholders decreased by 20.82% to CNY 48,531,782.37 from CNY 61,291,630.99 year-on-year[5] - The basic earnings per share fell by 21.43% to CNY 0.11 from CNY 0.14 in the previous year[5] - Total operating revenue for Q1 2024 reached ¥1,115,396,933.04, an increase of 11.55% compared to ¥999,936,450.12 in Q1 2023[18] - Net profit for Q1 2024 was ¥48,531,782.37, a decrease of 20.73% from ¥61,291,630.99 in Q1 2023[19] - Total comprehensive income for the first quarter of 2024 was CNY 48,531,782.37, a decrease from CNY 61,291,630.99 in the previous period[20] - Basic and diluted earnings per share for the first quarter were both CNY 0.11, down from CNY 0.14 in the previous period[20] Assets and Liabilities - The total assets at the end of Q1 2024 were CNY 3,119,513,437.20, a 1.52% increase from CNY 3,072,875,390.74 at the end of the previous year[5] - Total liabilities decreased slightly to ¥520,848,654.51 from ¥526,764,409.93, a reduction of 1.13%[17] - Deferred tax assets increased to ¥24,445,150.97 from ¥21,695,022.57, reflecting a growth of 12.77%[16] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 492,731,939.79, compared to a net outflow of CNY 449,850,280.16 in the same period last year[5] - Cash inflow from operating activities totaled CNY 642,126,230.65, compared to CNY 520,504,517.86 in the previous period[23] - The net cash flow from operating activities was -CNY 492,731,939.79, slightly worse than -CNY 449,850,280.16 in the previous period[23] - Cash inflow from investment activities was CNY 315,610,259.13, down from CNY 759,204,142.48 in the previous period[23] - The net cash flow from investment activities was CNY 85,398,923.75, compared to CNY 152,847,945.14 in the previous period[23] - The net cash flow from financing activities was -CNY 4,648,953.41, slightly improved from -CNY 4,693,836.30 in the previous period[23] - The ending cash and cash equivalents balance was CNY 386,334,877.56, compared to CNY 342,851,273.27 in the previous period[23] Accounts Receivable and Payable - Accounts receivable increased by 45.41% to CNY 1,297,317,585.99, primarily due to increased revenue and delayed collections[8] - Accounts receivable rose to ¥1,297,317,585.99, up from ¥892,199,140.45, indicating a significant increase of 45.5%[16] - The company reported a decrease in accounts payable to ¥1,722,386.31 from ¥2,260,715.58, a decline of 23.7%[17] Expenses - Total operating costs for Q1 2024 were ¥1,049,982,609.83, up 12.63% from ¥931,989,065.59 in Q1 2023[19] - Research and development expenses increased to ¥108,171,749.14, compared to ¥96,350,922.64 in the previous year, reflecting a growth of 12.67%[19] - Financial expenses rose by 134.74% to CNY -2,160,105.46, attributed to increased principal amounts in time deposits[8] - Other income decreased by 61.45% to CNY 2,823,167.84, mainly due to the cancellation of VAT deductions and reduced subsidies[8] - The company reported a significant increase in cash paid to employees, totaling CNY 1,031,819,759.25, up from CNY 878,634,951.08 in the previous period[23] Shareholder Information - The major shareholder, Lhasa Yongdao Investment Management Co., Ltd., holds 51.41% of the shares, totaling 226,881,411 shares[11] - The second-largest shareholder, He Dao (Tianjin) Enterprise Management Partnership, holds 6.80% of the shares, totaling 30,023,585 shares[11] - The company has not reported any changes in the participation of major shareholders in margin financing or securities lending activities[12] Future Outlook and Developments - The company plans to issue up to 11,300,000 convertible bonds, with a total amount not exceeding ¥1.13 billion, subject to shareholder approval[12] - The company received acceptance from the Shenzhen Stock Exchange for its application to issue convertible bonds, with ongoing inquiries from the exchange regarding the application[13] - The company has not disclosed any new product developments or technological advancements in this quarter[12] - There is no indication of market expansion or mergers and acquisitions in the current report[12] - The company has not provided specific future performance guidance or outlook in the current report[12] Other Financial Metrics - The company reported a significant increase of 173.45% in prepayments, totaling CNY 4,388,406.65, mainly due to recruitment expenses[8] - As of March 31, 2024, the company's cash and cash equivalents amounted to ¥397,922,302.61, a decrease from ¥809,814,660.79 at the beginning of the period, representing a decline of approximately 51%[15] - The company's trading financial assets decreased from ¥165,114,138.02 to ¥75,018,997.15, indicating a reduction of about 54%[15] - The company has not undergone an audit for the first quarter report[24]