KDL(SH:603987)2024-04-26 07:51Financial Performance - The company's operating revenue for Q1 2024 was CNY 569,931,434.38, representing a decrease of 17.03% compared to the same period last year[5] - The net profit attributable to shareholders was CNY 60,535,925.93, down 28.88% year-over-year[5] - Basic earnings per share decreased by 26.32% to CNY 0.14[6] - Total operating revenue for Q1 2024 was ¥569,931,434.38, a decrease of 17.0% compared to ¥686,873,661.23 in Q1 2023[19] - Net profit for Q1 2024 was ¥66,745,618.61, a decline of 35.4% from ¥103,398,539.33 in Q1 2023[21] - Earnings attributable to shareholders of the parent company for Q1 2024 were ¥60,535,925.93, down 29.0% from ¥85,121,757.25 in Q1 2023[21] - Basic and diluted earnings per share for Q1 2024 were both ¥0.14, compared to ¥0.19 in Q1 2023[21] Cash Flow - The net cash flow from operating activities was negative CNY 44,696,620.75, a decline of 159.16% compared to the previous year[5] - Net cash flow from operating activities for Q1 2024 was -¥44,696,620.75, a significant decrease from ¥75,547,961.62 in Q1 2023[24] - Cash received from sales of goods and services in Q1 2024 was ¥535,988,096.12, down 18.5% from ¥657,809,373.97 in Q1 2023[24] - The net cash flow from investment activities was -$37.41 million, compared to -$40.61 million in the previous year, indicating a decrease of 5.5%[25] - The net cash flow from financing activities was -$48.28 million, contrasting with a positive net flow of $39.55 million in the same quarter last year[25] - The cash and cash equivalents at the end of the period amounted to $336.42 million, a decrease from $422.99 million year-over-year, reflecting a decline of 20.4%[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,179,831,892.41, a decrease of 0.92% from the end of the previous year[6] - The company's current assets totaled RMB 1,893,528,696.11, down from RMB 1,957,123,588.00, indicating a decrease of about 3.25%[14] - Total liabilities as of Q1 2024 were ¥1,319,816,358.14, a decrease from ¥1,439,543,366.02 in Q1 2023[20] - The company's total liabilities decreased to RMB 1,168,857,511.87 from RMB 1,307,280,585.55, a reduction of approximately 10.63%[15] - Total equity attributable to shareholders of the parent company was ¥2,480,283,869.19 in Q1 2024, up from ¥2,405,601,602.97 in Q1 2023[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 28,988[9] - The largest shareholder, Shanghai Kangdai Holding Group Co., Ltd., held 23.9% of the shares[10] Inventory and Investments - The company's inventory decreased to RMB 415,942,223.73 from RMB 439,710,370.88, indicating a decline of approximately 5.40%[14] - The long-term equity investments rose to RMB 456,770,856.02 from RMB 433,401,714.48, reflecting an increase of about 5.41%[14] - The total non-current assets increased to RMB 2,286,303,196.30 from RMB 2,261,543,353.00, representing an increase of about 1.09%[15] Employee Compensation - The company reported a significant reduction in employee compensation payable, which decreased to RMB 43,612,729.92 from RMB 80,113,267.88, a decline of about 45.40%[15] Other Financial Activities - Cash inflow from financing activities totaled $163.87 million, down from $276.03 million year-over-year, representing a decline of 40.6%[25] - The cash inflow from other financing activities was $30.57 million, an increase from $23.63 million year-over-year, representing a growth of 29.4%[25] - The company did not apply new accounting standards for the first quarter of 2024[27]