Keli Sensing Technology (Ningbo) (603662)2024-04-29 10:37Financial Performance - The company's revenue for Q1 2024 was CNY 248,326,603.28, representing a year-on-year increase of 12.89%[5] - The net profit attributable to shareholders decreased by 23.13% to CNY 43,021,686.12[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 21.29% to CNY 38,758,220.76[5] - Total operating revenue for Q1 2024 was ¥248,326,603.28, an increase of 12.7% compared to ¥219,966,481.25 in Q1 2023[19] - Operating profit for Q1 2024 decreased to ¥50,815,493.89, down 21.4% from ¥64,564,768.48 in Q1 2023[19] - Net profit for Q1 2024 was ¥50,418,457.71, a decline of 13.4% compared to ¥58,308,807.83 in Q1 2023[20] - Earnings per share for Q1 2024 was ¥0.15, down from ¥0.20 in Q1 2023[20] - The company reported a total comprehensive income of ¥50,418,457.71 for Q1 2024, compared to ¥58,308,807.83 in Q1 2023[20] Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,070,253,488.56, an increase of 6.05% compared to the end of the previous year[6] - Total current assets as of March 31, 2024, amount to ¥2,535,322,945.22, an increase from ¥2,294,659,327.09 at the end of 2023, reflecting a growth of approximately 10.5%[15] - Total assets as of March 31, 2024, are ¥4,070,253,488.56, compared to ¥3,838,081,061.92 at the end of 2023, showing an increase of approximately 6.0%[16] - Total liabilities increased to ¥1,213,878,207.71 in Q1 2024, up from ¥1,123,825,888.93 in Q1 2023[17] - The company has a total of 1,534,930,543.34 in non-current assets as of March 31, 2024, slightly down from ¥1,543,421,734.83 at the end of 2023[16] Cash Flow - The net cash flow from operating activities was CNY 8,017,725.45, with no applicable year-on-year comparison[5] - The company experienced a 134.9% increase in net cash flow from operating activities, primarily due to reduced tax payments[9] - Cash flow from operating activities for Q1 2024 was ¥8,017,725.45, a significant improvement from a negative cash flow of -¥22,975,277.68 in Q1 2023[22] - Cash inflow from operating activities totaled ¥271,357,475.74 in Q1 2024, down from ¥320,275,990.49 in Q1 2023[22] - Cash inflow from investment activities totaled 121,478,577.17 in the previous period[23] - Cash outflow from investment activities was 263,479,555.77 in the previous period[23] - Net cash flow from investment activities showed a decrease of 142,000,978.60 previously[23] - Cash inflow from financing activities amounted to 274,248,136.55 in the previous period[23] - Cash outflow from financing activities was 150,134,178.37 in the previous period[23] - Net cash flow from financing activities increased to 124,113,958.18 previously[23] - The net increase in cash and cash equivalents was 40,975,118.82 in the previous period[23] - The ending balance of cash and cash equivalents reached 52,059,442.82 previously[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 34,782[11] - The largest shareholder, Ke Jiandong, holds 126,290,508 shares, representing 44.7% of the total shares[12] Expenses - The company recorded a 39.79% increase in selling expenses, attributed to the impact of newly consolidated subsidiaries[8] - Research and development expenses for Q1 2024 were ¥21,814,731.12, slightly up from ¥20,827,576.51 in Q1 2023[19] Goodwill and Inventory - The company’s goodwill increased to ¥140,516,217.20 from ¥124,746,279.69, representing a growth of about 12.6%[16] - Inventory as of March 31, 2024, is ¥509,005,926.26, up from ¥485,540,383.79, indicating an increase of about 4.8%[15] Accounting Standards - The company did not apply new accounting standards or interpretations for the first quarter of 2024[24] Report Issuance - The report was issued by the board of directors of Ningbo Keli Sensor Technology Co., Ltd. on April 30, 2024[24]