道道全(002852) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 1,517,980,955.60, a decrease of 13.14% compared to CNY 1,747,526,956.85 in the same period last year[5] - Net profit attributable to shareholders was CNY 74,120,005.94, down 31.51% from CNY 108,225,865.84 year-on-year[5] - Basic and diluted earnings per share decreased by 29.03% to CNY 0.22 from CNY 0.31 in the same period last year[5] - Net profit for Q1 2024 was CNY 75,443,284.88, a decline of 30.96% from CNY 109,390,168.95 in Q1 2023[20] - Earnings per share (EPS) for Q1 2024 was CNY 0.22, down from CNY 0.31 in the previous year[21] Cash Flow - The net cash flow from operating activities increased significantly by 265.36%, reaching CNY 1,210,337,540.87 compared to CNY 331,268,715.16 in the previous year[5] - Cash inflow from operating activities totaled CNY 1,930,470,992.03, compared to CNY 2,106,374,083.77 in the same period last year, reflecting a decrease of 8.34%[22] - Cash outflow from operating activities was CNY 720,133,451.16, significantly lower than CNY 1,775,105,368.61 in Q1 2023[22] - The net cash flow from financing activities showed a significant decline of 495.76%, amounting to CNY -1,025,826,688.78, indicating reduced bank loan funding[11] - The net cash flow from financing activities showed a decline to -CNY 1,025,826,688.78 in Q1 2024, compared to a positive CNY 259,201,805.44 in Q1 2023[23] - Cash outflows for debt repayment in Q1 2024 were CNY 1,309,820,424.14, compared to CNY 906,081,231.20 in Q1 2023, reflecting an increase in debt servicing costs[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,373,926,430.59, down 8.52% from CNY 4,781,456,982.60 at the end of the previous year[5] - The total current assets amount to 2,015,495,145.54 RMB, down from 2,376,998,219.74 RMB at the beginning of the period, reflecting a decrease of approximately 15.2%[16] - The company reported a total liability of CNY 2,256,608,264.95, down from CNY 2,734,359,691.84 year-on-year[20] - Current liabilities decreased from 2,646,850,280.42 RMB to 2,169,313,393.92 RMB, a reduction of about 18%[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 25,638[12] - Liu Jianjun holds 21.69% of shares, amounting to 74,595,551 shares, with 26,400,000 shares pledged[12] - Hunan Xingchuang Investment holds 16.95% of shares, totaling 58,287,543 shares, with 27,440,000 shares pledged[12] Research and Development - The company's R&D expenses increased by 144.48% to CNY 2,498,087.77 from CNY 1,021,802.01 in the previous year, indicating a focus on innovation[10] Financial Expenses - The company's financial expenses surged by 207.39% to CNY 22,740,377.54, primarily due to increased exchange losses[10] Other Financial Metrics - The company recorded an investment income of CNY 20,862,570.46, a significant improvement compared to a loss of CNY 4,792,361.25 in the same period last year[20] - Deferred income increased to CNY 85,733,577.39 from CNY 83,362,970.99 year-on-year[20] Market Strategy - The company is exploring new strategies for market expansion and product development, although specific details were not disclosed in the report[14] Reporting and Standards - The first quarter report for 2024 was released on April 27, 2024[24] - The company is implementing new accounting standards starting from 2024[24] - The company did not undergo an audit for the Q1 2024 report[24]