京城股份(600860) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 320,532,749.36, representing a year-on-year increase of 16.68%[5] - The net profit attributable to shareholders of the listed company was a loss of CNY 6,523,098.03, with a basic and diluted earnings per share of -0.01 yuan[5] - The company experienced an increase in sales revenue, benefiting from tax incentives and debt restructuring gains[9] - In Q1 2024, the company reported a net profit of -3,337,927.48 RMB, compared to -19,433,572.47 RMB in Q1 2023, showing an improvement in losses[21] - The company’s total comprehensive income for the period was -2,962,307.66 RMB, compared to -20,094,928.64 RMB in the prior year[22] - Basic and diluted earnings per share were both -0.01 RMB, an improvement from -0.03 RMB in Q1 2023[22] Cash Flow and Liquidity - The net cash flow from operating activities was -CNY 53,158,582.98, indicating a significant cash outflow[5] - The cash and cash equivalents as of March 31, 2024, were CNY 481,266,146.01, a decrease of 4.56% from CNY 502,766,015.92 on December 31, 2023[15] - The company’s cash and cash equivalents at the end of the period stood at 406,535,570.78 RMB, down from 236,956,066.00 RMB at the end of Q1 2023[26] - Investment activities resulted in a net cash outflow of -12,414,742.30 RMB, compared to -22,474,117.32 RMB in the previous year[26] - The financing activities generated a net cash inflow of 41,940,569.90 RMB, contrasting with a net outflow of -6,962,983.09 RMB in Q1 2023[26] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,903,984,439.44, an increase of 3.26% compared to the end of the previous year[6] - Total assets as of March 31, 2024, amounted to CNY 2,903,984,439.44, an increase from CNY 2,812,343,564.88 at the end of 2023[17] - Total liabilities as of March 31, 2024, were CNY 1,526,059,300.42, compared to CNY 1,433,936,790.80 at the end of 2023, indicating an increase of 6.43%[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 48,949[11] - The largest shareholder, Beijing Jingcheng Electromechanical Holding Co., Ltd., held 44.87% of the shares[12] Operating Costs and Expenses - The total operating costs for Q1 2024 were CNY 329,673,474.48, up 14.88% from CNY 286,863,753.87 in Q1 2023[20] - The company incurred total operating expenses of 305,255,933.33 RMB, up from 255,238,529.92 RMB in Q1 2023, leading to a net cash flow from operating activities of -53,158,582.98 RMB[25] - The company reported an increase in sales expenses to 10,492,815.36 RMB from 8,241,184.07 RMB year-over-year[21] Investment and Incentive Plans - Non-recurring gains and losses amounted to CNY 3,261,765.42, primarily due to debt restructuring gains[8] - The company completed the registration of its 2023 restricted stock incentive plan on December 28, 2023, to attract and retain talent[13] - The company plans to continue disclosing information regarding the implementation of the incentive plan to keep investors informed[13] - The company’s investment income rose to 5,361,192.86 RMB, compared to 2,774,290.64 RMB in the same quarter last year[21] Accounts Receivable and Inventory - Accounts receivable increased to CNY 419,425,863.96 as of March 31, 2024, compared to CNY 385,061,945.72 at the end of 2023, reflecting an increase of 8.91%[16] - Inventory as of March 31, 2024, was CNY 335,006,227.03, up 15.34% from CNY 290,385,240.50 on December 31, 2023[16]