HOLIKE(SH:603898)2024-04-26 12:12Financial Performance - The company's operating revenue for Q1 2024 was CNY 402,935,176.37, representing a year-on-year increase of 15.86%[2] - The net profit attributable to shareholders for the same period was CNY 12,649,806.52, reflecting a growth of 5.35% compared to the previous year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses surged by 426.10% to CNY 5,071,963.10, primarily due to increased operating revenue[4] - Total revenue for Q1 2024 reached ¥402,935,176.37, an increase of 15.8% compared to ¥347,762,973.17 in Q1 2023[14] - Net profit for Q1 2024 was ¥12,649,806.52, compared to ¥12,007,819.75 in Q1 2023, indicating a growth of 5.3%[15] - The total comprehensive income for Q1 2024 is CNY 11,646,438.16, down from CNY 12,316,390.10 in Q1 2023, indicating a decrease of about 5.43%[16] Earnings and Shares - The basic earnings per share (EPS) remained at CNY 0.04, while diluted EPS increased by 20.00% to CNY 0.06[2] - The basic earnings per share for Q1 2024 remains at CNY 0.04, while diluted earnings per share increased to CNY 0.06 from CNY 0.05 in Q1 2023[16] Cash Flow - The net cash flow from operating activities was negative at CNY -140,618,747.38, a decline of 1,126.08% year-on-year, mainly due to higher payments to suppliers[4] - Cash inflows from operating activities for Q1 2024 totaled CNY 388,287,898.05, a decrease of approximately 14.5% compared to CNY 453,879,931.68 in Q1 2023[19] - The net cash flow from operating activities for Q1 2024 is -CNY 140,618,747.38, worsening from -CNY 11,468,966.46 in Q1 2023[19] - The net cash flow from investment activities for Q1 2024 is CNY 143,401,499.50, slightly down from CNY 148,669,930.34 in Q1 2023[20] - The net cash flow from financing activities for Q1 2024 is -CNY 2,950,449.94, an improvement from -CNY 5,320,083.72 in Q1 2023[20] - The ending cash and cash equivalents balance for Q1 2024 is CNY 479,643,252.42, compared to CNY 381,450,216.15 at the end of Q1 2023, showing an increase of approximately 25.7%[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,384,739,012.78, down 3.70% from the end of the previous year[2] - Total assets decreased to ¥4,384,739,012.78 from ¥4,553,266,402.27 at the end of 2023, a decline of 3.7%[12] - Total liabilities decreased to ¥1,265,611,874.30 from ¥1,454,524,421.32, a reduction of 12.9%[12] - The company reported a decrease in accounts payable from ¥244,420,473.24 in Q1 2023 to ¥152,390,620.28 in Q1 2024, a drop of 37.6%[11] - The company’s total current assets decreased to ¥2,059,168,876.97 from ¥2,207,274,714.71, a decline of 6.7%[10] Shareholder Information - The top two shareholders, Shen Hanbiao and Wang Miaoyu, hold 41.14% and 25.95% of the shares, respectively, indicating significant ownership concentration[6] - The company reported a total of 9,793 common shareholders at the end of the reporting period[6] Government Subsidies and Expenses - The company received government subsidies amounting to CNY 890,249.15, which are closely related to its normal business operations[4] - Research and development expenses for Q1 2024 were ¥22,418,855.32, compared to ¥21,231,815.14 in Q1 2023, an increase of 5.6%[15] - The company’s long-term equity investments remained stable at ¥401,890,160.72, slightly down from ¥402,059,365.12[11] - The company reported a decrease in other comprehensive income, with a net amount of -CNY 1,003,368.36 for Q1 2024, compared to CNY 308,570.35 in Q1 2023[16]