京华激光(603607) - 2024 Q1 - 季度财报

Key Financial Data Core Financial Indicators The company experienced a 4.88% decline in Q1 2024 operating revenue and a 16.73% decrease in net profit attributable to shareholders | Indicator | Current Period | YoY Change (%) | | :--- | :--- | :--- | | Operating Revenue | 188.21 million RMB | -4.88% | | Net Profit Attributable to Shareholders | 22.76 million RMB | -16.73% | | Net Profit Attributable to Shareholders (Excl. Non-recurring) | 20.06 million RMB | -18.79% | | Net Cash Flow from Operating Activities | 25.73 million RMB | N/A | | Basic EPS (RMB/share) | 0.13 RMB | -13.33% | | Weighted Average ROE | 2.23% | Decreased by 0.45 percentage points | | Indicator | End of Current Period | Change from Prior Year-End (%) | | :--- | :--- | :--- | | Total Assets | 1.404 billion RMB | -12.63% | | Total Equity Attributable to Shareholders | 1.033 billion RMB | 2.26% | Non-Recurring Gains and Losses Analysis In the current period, the company's total non-recurring gains and losses amounted to RMB 2.71 million, primarily driven by fair value changes and disposal gains from financial assets totaling RMB 3.10 million | Item | Current Period Amount (RMB) | | :--- | :--- | | Gains/Losses on Disposal of Non-current Assets | -301.72 | | Government Grants | 80,881.29 | | Fair Value Changes and Disposal Gains/Losses of Financial Assets/Liabilities | 3,098,065.48 | | Other Non-operating Income and Expenses | 10,315.15 | | Total | 2,708,424.85 | Reasons for Changes in Key Financial Indicators Net cash flow from operating activities turned positive in the reporting period, primarily due to reduced cash payments for goods purchased compared to the prior year - Net cash flow from operating activities improved from -RMB 3.70 million in the prior year to RMB 25.73 million in the current period, primarily due to a decrease in cash paid for goods purchased[9][23] Shareholder Information Shareholding Status of Shareholders As of the reporting period end, the company had 27,279 common shareholders, with controlling shareholder Zhejiang Xingsheng Investment Management Co., Ltd. holding 31.63%, indicating a concentrated equity structure - As of the end of the reporting period, the company had 27,279 common shareholders[11] | Shareholder Name | Shareholding (%) | Number of Shares Held (shares) | | :--- | :--- | :--- | | Zhejiang Xingsheng Investment Management Co., Ltd. | 31.63 | 56,456,585 | | Sun Jiancheng | 12.52 | 22,358,974 | | Qi Qifan | 2.67 | 4,773,384 | | Feng Yiping | 2.33 | 4,161,511 | | Jiang Jiangen | 1.49 | 2,661,064 | - Controlling shareholder Xingsheng Investment has associated relationships with several top ten shareholders, including Sun Jiancheng (67.81%), Yuan Jianfeng (11.62%), Feng Yiping (10.30%), Xie Gaoxiang (5.70%), and Shao Bo (4.57%), all of whom are shareholders of Xingsheng Investment[12] Other Reminders Other Important Information The company has no other significant operating information requiring special investor attention during the reporting period - The company has no other significant operating information requiring special investor attention in this reporting period[13] Quarterly Financial Statements Audit Opinion The financial statements for this quarter are unaudited - The company's Q1 2024 financial statements are unaudited[4][13] Financial Statement Details This section presents the company's unaudited consolidated balance sheet, income statement, and cash flow statement Consolidated Balance Sheet As of March 31, 2024, total assets were RMB 1.404 billion, down 12.63% due to reduced cash and financial assets; total liabilities were RMB 370 million, down 37.87% mainly from decreased short-term borrowings; and equity attributable to shareholders increased 2.26% to RMB 1.033 billion | Item | March 31, 2024 (RMB) | December 31, 2023 (RMB) | Change (%) | | :--- | :--- | :--- | :--- | | Total Assets | 1,404,020,399.44 | 1,606,959,514.36 | -12.63% | | Cash and Cash Equivalents | 210,108,511.35 | 302,308,061.65 | -30.51% | | Financial Assets Held for Trading | 273,589,703.06 | 367,221,614.85 | -25.50% | | Total Liabilities | 369,993,350.35 | 595,513,065.25 | -37.87% | | Short-term Borrowings | 140,000,000.00 | 333,000,339.98 | -57.96% | | Equity Attributable to Shareholders | 1,032,582,988.69 | 1,009,797,899.70 | 2.26% | Consolidated Income Statement In Q1 2024, total operating revenue decreased 4.88% to RMB 188 million, total operating costs fell 3.07% to RMB 171 million, and net profit attributable to shareholders declined 16.73% to RMB 22.76 million | Item | Q1 2024 (RMB) | Q1 2023 (RMB) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 188,205,735.87 | 197,857,621.33 | -4.88% | | Total Operating Costs | 170,969,396.64 | 176,377,413.77 | -3.07% | | Research and Development Expenses | 15,606,779.03 | 20,670,504.84 | -24.50% | | Operating Profit | 23,407,419.70 | 27,396,873.56 | -14.56% | | Net Profit Attributable to Shareholders | 22,764,922.77 | 27,337,243.90 | -16.73% | | Basic Earnings Per Share | 0.13 | 0.15 | -13.33% | Consolidated Cash Flow Statement In Q1 2024, net cash flow from operating activities significantly improved to RMB 25.73 million from -RMB 3.70 million year-over-year, while net cash from investing activities was RMB 90.48 million, and net cash used in financing activities was RMB 152 million | Item | Q1 2024 (RMB) | Q1 2023 (RMB) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 25,732,792.26 | -3,697,425.20 | | Net Cash Flow from Investing Activities | 90,475,212.78 | 53,711,702.49 | | Net Cash Flow from Financing Activities | -152,342,958.29 | -806,141.39 | | Net Increase in Cash and Cash Equivalents | -36,139,310.58 | 49,095,013.77 | - Operating cash flow improved primarily due to a decrease in cash paid for goods and services from RMB 102 million in the prior year to RMB 75.58 million in the current period[23] - Net cash outflow from financing activities was mainly driven by RMB 213 million in cash paid for debt repayment[24]