Financial Performance - The company's revenue for Q1 2024 was ¥139,517,478.31, representing a decrease of 13.86% compared to ¥161,963,916.47 in the same period last year[6] - Net profit attributable to shareholders was ¥14,702,564.37, down 32.78% from ¥21,871,509.78 year-on-year[6] - Basic and diluted earnings per share decreased by 57.14%, from ¥0.21 to ¥0.09[6] - Total operating revenue for Q1 2024 was CNY 139,517,478.31, a decrease of 13.83% compared to CNY 161,963,916.47 in Q1 2023[20] - Net profit for Q1 2024 was CNY 14,945,779.42, representing a decline of 39.56% from CNY 24,740,916.16 in Q1 2023[21] - Total comprehensive income for the first quarter was CNY 14,945,779.42, a decrease from CNY 24,740,916.16 in the previous year[22] - Basic and diluted earnings per share were both CNY 0.09, down from CNY 0.21 in the same period last year[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,315,705,789.48, a decrease of 0.92% from ¥3,346,480,060.85 at the end of the previous year[6] - Current liabilities totaled CNY 1,634,796,171.53, a decrease of 2.08% from CNY 1,669,595,116.74 in the previous year[19] - The total liabilities decreased to CNY 2,138,392,632.39 from CNY 2,168,224,049.02, a decline of 1.37%[19] - The equity attributable to shareholders of the parent company was CNY 1,155,119,280.30, slightly down from CNY 1,156,305,350.09[19] Cash Flow - The net cash flow from operating activities was -¥140,910,350.02, showing a slight improvement of 3.09% compared to -¥145,397,289.36 in the previous year[6] - Cash inflow from operating activities was CNY 117,870,327.59, compared to CNY 193,378,513.81 in the previous year, reflecting a decline of approximately 39%[24] - Cash outflow from operating activities totaled CNY 258,780,677.61, down from CNY 338,775,803.17, indicating a reduction of about 24%[25] - Cash flow from investing activities resulted in a net outflow of CNY 3,781,089.05, compared to a net outflow of CNY 3,330,693.23 in the previous year[25] - Cash flow from financing activities generated a net inflow of CNY 59,183,286.68, an increase from CNY 51,262,460.14 in the same period last year[25] - The ending cash and cash equivalents balance was CNY 429,153,513.39, down from CNY 514,661,665.78 at the beginning of the period[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,322, with the largest shareholder holding 24.13% of the shares[10] - The company repurchased 2,140,000 shares, accounting for 1.35% of the total share capital, with a total transaction amount of RMB 15,919,108.50[15] - The company plans to use between RMB 25 million and RMB 45 million for share repurchase to implement an equity incentive plan[15] - The highest transaction price for repurchased shares was RMB 8.14 per share, while the lowest was RMB 6.05 per share[15] - The company has a total of 50,004,577 shares under lock-up agreements as of the end of the reporting period[14] - The company’s major shareholders include Nanjing Gaoke Xinchuan Investment Co., holding 4.16% of shares, and Wang Jianyou, holding 2.84%[11] - The company’s shareholder Wang Yisen holds 38,220,000 shares under lock-up due to initial public offering commitments[13] - The company’s total number of shares held by the top 10 unrestricted shareholders includes 8,846,050 shares held by Zhuhai Huachuang Investment Management Co.[11] Operational Highlights - The company reported a significant increase in financial expenses, amounting to ¥8,869,005.34, primarily due to the issuance of convertible bonds[9] - The company’s construction in progress increased by 48%, reaching ¥8,672,353.78, attributed to increased investments in ongoing projects[9] - The company’s investment income showed a significant decline, with a loss of ¥791,612.12, primarily due to losses from joint ventures[9] - Research and development expenses for Q1 2024 were CNY 5,137,386.62, down 24.06% from CNY 6,764,720.03 in Q1 2023[21] - The company reported an increase in credit impairment losses to CNY 11,860,515.88 from CNY 9,078,326.65, indicating a rise of 30.66%[21] Accounting and Audit - The company has not undergone an audit for the first quarter report[27] - The report indicates the implementation of new accounting standards starting in 2024[26]
金埔园林(301098) - 2024 Q1 - 季度财报