群兴玩具(002575) - 2024 Q1 - 季度财报

Revenue and Profitability - The company's revenue for Q1 2024 reached ¥25,746,961.47, a significant increase of 194.69% compared to ¥8,737,070.25 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥3,022,775.63, representing a decline of 189.80% from a profit of ¥3,366,043.59 in the previous year[5] - Total operating revenue for Q1 2024 was CNY 25,746,961.47, a significant increase from CNY 8,737,070.25 in the same period last year, representing a growth of approximately 194.5%[25] - The net profit for Q1 2024 was a loss of CNY 3,875,656.41, compared to a profit of CNY 3,507,109.40 in Q1 2023, marking a decline of approximately 210.7%[26] - The company recorded a total comprehensive loss of CNY 4,362,546.31 for Q1 2024, compared to a comprehensive income of CNY 3,279,589.66 in the same period last year[26] Cash Flow - The net cash flow from operating activities was negative at ¥8,139,534.25, a decrease of 920.19% compared to a positive cash flow of ¥992,399.05 in the same period last year[14] - Cash flow from operating activities resulted in a net outflow of CNY 8,139,534.25, contrasting with a net inflow of CNY 992,399.05 in the same quarter last year[27] - The net cash flow from investment activities was 113,122,362.05 CNY, a significant improvement compared to -4,811,553.90 CNY in the previous period[28] - The total cash and cash equivalents at the end of the period reached 126,441,529.23 CNY, up from 4,603,793.11 CNY in the previous period[28] - The net increase in cash and cash equivalents for the quarter was 104,468,443.26 CNY, compared to a decrease of 3,822,059.25 CNY in the same period last year[28] Assets and Liabilities - The total assets at the end of the reporting period were ¥908,157,134.73, showing a slight increase of 0.11% from ¥907,152,608.82 at the end of the previous year[5] - The total assets amounted to 908,157,134.73 RMB, a marginal increase from 907,152,608.82 RMB[22] - The total liabilities decreased to 88,627,233.68 RMB from 90,785,161.46 RMB, representing a reduction of approximately 2.4%[22] - The company's inventory rose to 10,267,522.87 RMB, up from 8,095,886.28 RMB, reflecting an increase of about 27%[20] - The accounts receivable increased to 12,336,097.12 RMB from 10,405,538.94 RMB, marking an increase of about 18.5%[20] Operating Costs and Expenses - The company reported a significant increase in operating costs, which rose to ¥20,906,294.26, up 444.46% from ¥3,839,810.17 in the previous year[12] - Total operating costs for Q1 2024 reached CNY 31,472,589.34, up from CNY 6,164,346.04, indicating an increase of about 410.5%[25] - The company experienced a 58.93% increase in selling expenses, totaling ¥422,703.92, compared to ¥265,974.06 in the previous year[12] - The company’s management expenses surged to CNY 9,689,051.59, compared to CNY 1,543,483.83 in the previous year, indicating an increase of approximately 528.5%[25] Investment and Contracts - The investment income for the period was ¥2,590,105.80, an increase of 142.42% compared to ¥1,068,446.11 in the same period last year[12] - The company signed a contract with China Mobile for GPU computing services worth 276,050,000 RMB, with a service period of 5 years[19] - The company reported an investment cash inflow of CNY 664,122,362.05, compared to CNY 487,238,446.10 in the previous year, reflecting an increase of approximately 36.3%[27] Shareholder Equity - The weighted average return on equity was -0.37%, down from 0.42% in the previous year[5] - The company reported a decrease in the number of minority shareholders' equity, which fell by 58.47% to ¥605,786.92 from ¥1,458,667.70 in the previous year[9] - Basic earnings per share for Q1 2024 were CNY -0.0051, down from CNY 0.0054 in Q1 2023[27] - The company's total assets and equity totaled CNY 908,157,134.73 and CNY 819,529,901.05 respectively, showing a slight increase from the previous quarter[23] Miscellaneous - The cash flow from investing activities was positive at ¥113,122,362.05, a significant increase of 2451.06% from a negative cash flow of ¥4,811,553.90 in the previous year[14] - The company's short-term borrowings and other financial liabilities remain unchanged, indicating stable financial management[22] - The company reported no changes in the top 10 shareholders' participation in margin trading activities[18] - Other comprehensive income after tax for the parent company was a loss of CNY 486,889.90, compared to a loss of CNY 227,519.74 in the same quarter last year[26]