Koal(SH:603232)2024-04-26 12:28Financial Performance - The company's operating revenue for Q1 2024 was ¥48,542,795.61, representing a decrease of 29.24% compared to the same period last year[6] - The net profit attributable to shareholders was -¥51,501,037.28, with a basic and diluted earnings per share of -¥0.22, indicating significant losses[6] - The net profit for Q1 2024 was CNY -51,722,421.41, compared to CNY -41,864,780.06 in Q1 2023, indicating a worsening performance year-over-year[22] - The total comprehensive income for Q1 2024 was CNY -50,643,034.63, compared to CNY -41,960,917.00 in Q1 2023, showing a deterioration in overall financial health[23] - The basic and diluted earnings per share for Q1 2024 were both CNY -0.22, compared to CNY -0.18 in Q1 2023, indicating a decline in profitability per share[23] Cash Flow and Liquidity - The net cash flow from operating activities was -¥74,645,533.27, reflecting ongoing cash flow challenges[6] - The net cash flow from operating activities for Q1 2024 was CNY -74,645,533.27, a significant decline from CNY 27,757,372.06 in Q1 2023[25] - The cash and cash equivalents at the end of Q1 2024 were CNY 151,475,153.30, down from CNY 273,010,217.47 at the end of Q1 2023, a decrease of 44.5%[26] - The investment activities generated a net cash flow of CNY 24,233,969.06 in Q1 2024, down from CNY 81,445,488.41 in Q1 2023, reflecting a decrease of 70.2%[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,593,393,148.72, down 4.04% from the previous year[7] - Total assets as of March 31, 2024, were RMB 1,593,393,148.72, down from RMB 1,660,533,683.73 at the end of 2023, a reduction of 4.0%[18] - Total liabilities decreased to RMB 252,171,747.82 from RMB 259,488,889.57, a decline of 2.5%[19] - The company reported a significant reduction in short-term borrowings, remaining stable at RMB 10,000,000.00[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 24,318[13] - The top shareholder, Kong Lingang, holds 30,081,462 shares, representing 12.89% of the total shares[13] Research and Development - Research and development expenses increased by 45.74%, indicating a higher investment in R&D projects during the quarter[11] - Research and development expenses increased to CNY 23,237,716.11 in Q1 2024, up from CNY 15,944,952.23 in Q1 2023, reflecting a 45.5% increase[22] Revenue and Costs - The total operating costs for Q1 2024 were CNY 107,868,604.55, a decrease of 13.0% compared to CNY 124,074,120.95 in Q1 2023[22] - The total revenue from sales of goods and services in Q1 2024 was CNY 69,933,538.86, a decline of 15.0% from CNY 82,336,975.88 in Q1 2023[25]