JACK(SH:603337)2024-04-29 09:37Financial Performance - The company's total operating revenue for Q1 2024 reached ¥1,628,830,616.29, an increase of 12.5% compared to ¥1,447,023,700.38 in Q1 2023[16] - Net profit attributable to shareholders was ¥67.56 million, primarily due to increased sales revenue[7] - Basic and diluted earnings per share were both ¥78.26, reflecting an increase in profit[7] - The company's operating revenue for Q1 2024 was CNY 1,628,830,616.29, representing a year-on-year increase of 12.56%[36] - The net profit attributable to shareholders of the listed company was CNY 187,916,127.03, reflecting a significant increase of 67.56% compared to the same period last year[36] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 164,211,862.85, up by 61.67% year-on-year[36] - Net profit for the period was $193,226,518.55, compared to $113,794,565.40 in the previous period, representing a growth of approximately 69.9%[51] - The net profit attributable to the parent company for the first quarter of 2024 is CNY 1,787,361.28, compared to CNY 429,486.11 in the same period of 2023, indicating significant growth[53] - The total comprehensive income for the first quarter of 2024 is CNY 195,013,879.83, up from CNY 114,274,472.95 in the first quarter of 2023[53] Costs and Expenses - The total operating costs for Q1 2024 were ¥1,434,127,630.40, up from ¥1,317,046,593.32 in Q1 2023, indicating a rise of 8.9%[16] - Research and development expenses increased to $103,111,334.93 from $83,362,960.23, marking a rise of about 23.7%[51] Assets and Liabilities - The total assets at the end of the reporting period were CNY 8,579,737,230.29, a slight increase of 0.76% from the end of the previous year[37] - The equity attributable to shareholders of the listed company was CNY 4,344,821,254.35, down by 0.23% from the previous year-end[37] - Current liabilities rose to $3,906,097,895.74, up from $3,822,835,156.55, indicating an increase of about 2.2%[47] - The total liabilities increased to $4,134,858,100.31 from $4,057,352,792.48, reflecting an increase of about 1.9%[47] - The company's total equity decreased slightly to $4,444,879,129.98 from $4,457,261,416.42, a decline of approximately 0.28%[48] Cash Flow - The net cash flow from operating activities was CNY 292,440,630.30, showing a decrease of 7.97% compared to the previous year[36] - The net cash flow from operating activities for the first quarter of 2024 is CNY 292,440,630.30, down from CNY 317,754,391.29 in the first quarter of 2023, representing a decrease of 7.95%[54] - Cash inflow from operating activities for the first quarter of 2024 is CNY 1,555,273,925.81, compared to CNY 1,319,043,552.83 in the first quarter of 2023, showing a growth of 17.88%[54] - Cash outflow from operating activities for the first quarter of 2024 is CNY 1,262,833,295.51, compared to CNY 1,001,289,161.54 in the same period of 2023, indicating an increase of 26.09%[54] - Cash inflow from investment activities for the first quarter of 2024 is CNY 80,717,035.79, compared to CNY 105,357,808.14 in the same period of 2023, reflecting a decline of 23.43%[54] - Cash outflow for the purchase of fixed assets and intangible assets in the first quarter of 2024 is CNY 67,691,765.35, compared to CNY 79,288,283.85 in the first quarter of 2023, indicating a decrease of 14.69%[54] Other Income and Growth - The company reported a significant increase in other income by 197.79%, attributed to government subsidies and tax refunds[7] - The company reported a significant increase in other income to $26,504,690.74 from $8,900,523.75, a growth of approximately 197.5%[51] Management and Future Plans - The company plans to continue expanding its market presence and investing in new technologies[7] - The company is led by Chairman Ruan Jixiang and Chief Accountant Lin Meifang, with the financial statements being unaudited[55]