KPA(SH:688681)2024-04-29 11:57Financial Performance - The company's operating revenue for Q1 2024 was ¥62,934,793.37, representing a year-on-year increase of 12.82%[5]. - Total operating revenue for Q1 2024 was ¥62,934,793.37, an increase of 12.9% compared to ¥55,785,526.92 in Q1 2023[17]. - Total operating costs for Q1 2024 were ¥70,818,853.75, up from ¥68,427,395.47 in Q1 2023, reflecting a rise of 3.9%[17]. - Net profit for Q1 2024 was -¥4,803,131.76, slightly improved from -¥5,211,197.12 in Q1 2023[18]. - The total comprehensive loss for Q1 2024 was -¥4,671,947.36, compared to -¥5,224,937.13 in Q1 2023, showing an improvement of 10.6%[18]. - The net profit attributable to shareholders was a loss of ¥4,823,123.80, with a basic earnings per share of -¥0.05[5][6]. - Basic and diluted earnings per share for Q1 2024 were both -¥0.05, unchanged from Q1 2023[18]. Cash Flow - The net cash flow from operating activities was -¥9,434,845.81, indicating a cash outflow[5]. - In Q1 2024, the company reported cash inflows from operating activities of ¥75,714,524.51, an increase of 16.5% compared to ¥64,825,785.40 in Q1 2023[20]. - The total cash outflow from operating activities was ¥85,149,370.32, compared to ¥73,657,828.74 in Q1 2023, reflecting a 15.6% increase[20]. - The company received ¥52,165.69 in tax refunds during Q1 2024, a significant decrease from ¥3,899,514.19 in Q1 2023[20]. - Cash inflows from investment activities totaled ¥99,138,585.81, down 34.8% from ¥152,140,280.05 in Q1 2023[21]. - The net cash flow from investment activities was -¥119,224,197.49, compared to -¥48,788,265.26 in Q1 2023, indicating a significant increase in cash outflow[21]. - Cash inflows from financing activities were ¥3,100,000.00, a decrease of 65.1% from ¥8,903,510.00 in Q1 2023[21]. - The net cash flow from financing activities was -¥4,145,275.36, contrasting with a positive net cash flow of ¥8,793,804.01 in the same quarter last year[21]. - The company's cash and cash equivalents at the end of Q1 2024 stood at ¥61,628,715.68, down from ¥130,400,203.34 at the end of Q1 2023[21]. Assets and Liabilities - Total assets at the end of the reporting period were ¥726,510,170.68, down 2.33% from the end of the previous year[6]. - As of March 31, 2024, the company's total assets amounted to CNY 726,510,170.68, a decrease from CNY 743,854,675.53 as of December 31, 2023, reflecting a decline of approximately 2.3%[13]. - The company's cash and cash equivalents decreased to CNY 70,189,006.84 from CNY 203,490,720.73, representing a significant decline of about 65.6%[13]. - The accounts receivable increased slightly to CNY 166,582,817.35 from CNY 177,190,198.16, indicating a decrease of approximately 6.4%[13]. - Inventory increased to CNY 67,710,324.22 from CNY 52,704,051.55, showing an increase of about 28.5%[14]. - The company's total current liabilities decreased to CNY 126,614,713.73 from CNY 140,627,332.02, a reduction of approximately 10%[14]. - The company's total liabilities decreased to ¥161,387,340.62 in Q1 2024 from ¥171,407,533.60 in Q1 2023, a reduction of 5.9%[16]. - The total equity attributable to shareholders was ¥562,459,029.40 in Q1 2024, down from ¥569,803,333.31 in Q1 2023, a decline of 1.4%[16]. - The company's total current assets amounted to CNY 502,514,633.70, a decrease from CNY 516,330,090.68, indicating a decline of approximately 2.7%[14]. - The company's short-term borrowings decreased to CNY 8,100,000.00 from CNY 8,910,000.00, a reduction of about 9.1%[14]. - The company's total non-current assets amounted to CNY 223,995,536.98, a slight decrease from CNY 227,524,584.85, reflecting a decline of approximately 1.1%[14]. - The company reported a total of CNY 10,395,355.52 in contract assets, a decrease from CNY 11,897,886.78, indicating a decline of about 12.6%[14]. Research and Development - Research and development expenses totaled ¥8,340,918.41, accounting for 13.25% of operating revenue, a decrease of 3.71 percentage points compared to the previous year[6]. - Research and development expenses for Q1 2024 were ¥8,340,918.41, compared to ¥9,463,187.00 in Q1 2023, indicating a decrease of 11.9%[17]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 5,789[10]. - The largest shareholder, Shandong Kehui Investment Co., Ltd., held 27.06% of the shares[10]. Audit Information - The company did not conduct an audit for the Q1 financial statements[4].