劲嘉股份(002191) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥794,189,531.04, a decrease of 23.66% compared to ¥1,040,375,412.62 in the same period last year[5] - Net profit attributable to shareholders was ¥120,606,140.88, down 24.53% from ¥159,809,378.19 year-on-year[5] - Total operating revenue for Q1 2024 was ¥794,189,531.04, a decrease of 23.7% compared to ¥1,040,375,412.62 in Q1 2023[18] - Net profit for Q1 2024 was ¥121,772,823.14, a decline of 24.3% from ¥160,697,585.85 in Q1 2023[19] - The weighted average return on equity was 1.74%, down from 2.13% in the same period last year[5] - Basic and diluted earnings per share for Q1 2024 were both ¥0.08, down from ¥0.11 in Q1 2023[19] Cash Flow and Liquidity - The net cash flow from operating activities was -¥336,590,715.86, a decline of 220.80% compared to ¥278,624,654.47 in the previous year[5] - Total cash inflow from operating activities was 1,005,645,382.68 CNY, while cash outflow was 1,342,236,098.54 CNY, resulting in a cash outflow of 336,590,715.86 CNY[22] - The total cash and cash equivalents at the end of Q1 2024 were 985,778,006.23 CNY, down from 1,556,369,572.52 CNY at the end of Q1 2023[23] - Cash received from sales of goods and services was 896,760,375.18 CNY, a decrease from 1,301,384,101.24 CNY in the same period last year[22] - The cash flow from operating activities was negatively impacted by a significant increase in cash payments for goods and services, totaling 956,575,737.26 CNY in Q1 2024[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,206,487,168.23, a decrease of 2.40% from ¥9,433,353,288.31 at the end of the previous year[5] - Total liabilities decreased to ¥1,992,503,193.08, compared to ¥2,351,018,186.82 in the previous year[17] - The equity attributable to shareholders of the parent company increased to ¥7,008,171,831.64 from ¥6,878,439,640.25[17] - The total current assets decreased from CNY 4,031,970,629.93 to CNY 3,801,816,799.38, a decline of approximately 5.7%[15] Investments and Shareholder Information - Investment income rose significantly by 299.22%, amounting to ¥63,034,865.11 compared to ¥15,789,379.64 in the previous year[9] - The company holds a repurchase account with 37,800,000 shares, accounting for 2.59% of the total share capital[12] - The company’s major shareholder, Shenzhen Jinjia Venture Capital Co., Ltd., holds 463,089,709 shares, representing a significant portion of the total shares[12] - The company reported a total of 67,932 common shareholders at the end of the reporting period[11] Operational Highlights - The company did not include financial data from Anhui Antai New Packaging Materials Co., Ltd. and Guizhou Jinjia New Packaging Materials Co., Ltd. in the consolidated financial statements for this period[5] - The company received government subsidies amounting to ¥11,498,319.17 during the reporting period[6] - The company terminated the investment in establishing an overseas subsidiary in the UK and the capital increase for its subsidiary in Indonesia, which will not significantly impact its new tobacco-related business[13] - The company is actively exploring new strategies and partnerships to enhance its market position and expand its business operations[13] - The company did not report any significant new product launches or market expansions during this quarter[24] Cost Management - Total operating costs decreased to ¥692,528,806.91, down 21.2% from ¥879,328,379.96 in the previous year[18] - Research and development expenses were ¥41,766,937.33, a decrease of 13.5% from ¥48,281,161.83 in the previous year[18] Other Financial Metrics - Other comprehensive income after tax for Q1 2024 was ¥9,126,050.51, compared to ¥881,731.11 in the same period last year[19] - Cash inflow from investment activities was 28,362,980.17 CNY, while cash outflow was 25,028,925.98 CNY, leading to a net cash inflow of 3,334,054.19 CNY[22] - The net cash flow from financing activities was 173,551,693.60 CNY, compared to -146,186,642.86 CNY in the previous year, showing a positive shift[23] - The company received 113,000,000.00 CNY from borrowings in Q1 2024, compared to 15,846,403.60 CNY in Q1 2023, indicating increased reliance on debt financing[23]