东鹏控股(003012) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 1,011,954,877.18, a decrease of 11.58% compared to CNY 1,144,470,282.03 in the same period last year[8] - The net profit attributable to shareholders was CNY -11,515,577.02, representing a significant decline of 1,077.81% from CNY 1,177,693.11 in the previous year[8] - The net cash flow from operating activities was CNY -95,653,471.99, a decrease of 181.55% compared to CNY 117,289,700.32 in the same period last year[8] - Total operating revenue for the current period is ¥1,011,954,877.18, a decrease of 11.5% from ¥1,144,470,282.03 in the previous period[24] - Net profit for the period was a loss of ¥11,923,136.96, compared to a profit of ¥840,766.62 in the previous period, representing a significant decline[43] - Operating profit decreased from a loss of ¥7,491,399.31 to a loss of ¥25,665,915.87, indicating a worsening operational performance[43] - Basic and diluted earnings per share were both reported at -0.0098, compared to 0.001 in the previous period, reflecting a significant decline in profitability[43] Cash Flow and Investments - The net cash flow from operating activities for the current period is -95,653,471.99 CNY, compared to 117,289,700.32 CNY in the previous period, indicating a significant decline[44] - Cash inflow from operating activities totaled 1,710,527,480.19 CNY, an increase from 1,618,393,561.15 CNY in the previous period[44] - Cash outflow from operating activities increased to 1,806,180,952.18 CNY from 1,501,103,860.83 CNY, reflecting higher operational costs[44] - The net cash flow from investing activities is -138,614,238.06 CNY, down from 143,865,931.96 CNY in the previous period[45] - Cash inflow from investing activities decreased to 480,222,790.42 CNY from 530,382,965.18 CNY[45] - Cash outflow from investing activities rose to 618,837,028.48 CNY from 386,517,033.22 CNY, indicating increased capital expenditures[45] - The net cash flow from financing activities is -277,951,784.59 CNY, slightly improved from -314,441,609.58 CNY in the previous period[45] - Total cash and cash equivalents at the end of the period stand at 2,164,450,234.23 CNY, compared to 1,606,765,623.01 CNY at the end of the previous period[45] Assets and Liabilities - Total assets at the end of the reporting period were CNY 11,819,795,113.89, down 1.69% from CNY 12,023,420,162.79 at the end of the previous year[8] - Total assets decreased from ¥12,559,214,082.55 to ¥11,819,795,113.89, a decline of approximately 5.9%[41] - Current assets decreased from ¥6,750,925,189.76 to ¥6,030,884,895.99, a decline of about 10.7%[41] - Total liabilities decreased from ¥4,768,299,502.16 to ¥4,040,179,991.61, a reduction of about 15.3%[41] - The total liabilities and equity amount to 11,819,795,113.89 CNY, down from 12,559,214,082.55 CNY in the previous period[50] Shareholder Information - The number of ordinary shareholders at the end of the reporting period is 28,589[35] - The largest shareholder, Ningbo Lijian Venture Capital Partnership, holds 29.87% of shares, totaling 350,379,778 shares[35] - The company plans to repurchase shares with a budget between CNY 100 million and CNY 200 million, with a maximum price of CNY 11.88 per share[18] - The total equity attributable to shareholders of the parent company is 7,773,441,548.91 CNY, a slight decrease from 7,784,333,447.08 CNY[50] Operational Efficiency - The gross profit margin improved by 1.69 percentage points year-on-year, indicating enhanced operational efficiency[11] - Accounts receivable and notes receivable decreased by 30.20% and 7.61%, respectively, compared to the beginning of the period, reflecting better cash collection[11] - The bathroom business saw a revenue increase of 19.3% year-on-year, driven by improved channel management and targeting high-quality clients[11] - The company reported a 70.41% increase in credit impairment losses, indicating a rise in provisions for bad debts[14] - The company reported a credit impairment loss of ¥5,959,971.03, compared to ¥3,497,351.59 in the previous period, indicating increased credit risk[43] Expenses - Total operating costs for the current period are ¥1,030,526,114.97, down 10.5% from ¥1,151,958,588.59 in the previous period[24] - Research and development expenses increased to ¥37,251,151.30, up 24.5% from ¥29,855,043.94 in the previous period[24] - Tax and additional charges decreased to ¥13,809,898.95, a reduction of 16.4% from ¥16,531,097.45 in the previous period[24] - The company reported a financial expense of -¥12,698,735.19, an improvement compared to -¥13,514,948.15 in the previous period[24] - Inventory increased from ¥1,675,268,739.49 to ¥1,699,670,233.75, an increase of approximately 1.5%[40]