诺禾致源(688315) - 2024 Q1 - 季度财报

Revenue and Profit - Revenue for the first quarter of 2024 was RMB 468,475,325.62, an increase of 6.32% compared to the same period last year[9] - Net profit attributable to shareholders of the listed company was RMB 27,315,351.75, an increase of 21.40% year-on-year[9] - Total revenue for Q1 2024 reached 468.48 million USD, compared to 440.61 million USD in Q1 2023[36] - Net profit for Q1 2024 was 36.13 million USD, up from 22.99 million USD in Q1 2023[33] - Operating profit for Q1 2024 was 39.63 million USD, up from 23.60 million USD in Q1 2023[33] - Net profit attributable to parent company shareholders increased to 27,315,351.75 from 22,501,126.20[37] - Net profit attributable to shareholders after deducting non-recurring gains and losses was 21,282,735.20, representing a 6.85% increase[47] - Comprehensive income totaled 36.13 million yuan, an increase from 22.99 million yuan in the previous period[80] Assets and Liabilities - Total liabilities as of the first quarter of 2024 amounted to RMB 524,216,301.88, compared to RMB 587,220,292.68 in the previous period[11] - Total owner's equity (or shareholders' equity) was RMB 2,191,580,280.08, slightly down from RMB 2,203,203,300.26 in the previous period[11] - The company's total assets as of the first quarter of 2024 were RMB 2,715,796,581.96, compared to RMB 2,790,423,592.94 in the previous period[11] - Total assets as of March 31, 2024, stood at 3.59 billion USD, slightly down from 3.46 billion USD[35] - Total liabilities increased to 1.12 billion USD from 1.01 billion USD[26] - Total assets decreased by 3.68% to 3,462,237,261.08 compared to the previous year-end[47] - Total current assets decreased to 1,695,916,535.08 from 1,782,868,142.64[44] Cash Flow - Operating cash flow for the first quarter of 2024 was negative RMB 129,709,314.84, compared to negative RMB 37,984,334.67 in the same period last year[24] - Investment cash flow for the first quarter of 2024 was positive RMB 33,106,478.69, a significant improvement from negative RMB 14,788,169.58 in the same period last year[25] - Cash and cash equivalents at the end of the first quarter of 2024 were RMB 249,121,587.45, down from RMB 393,672,815.47 at the beginning of the period[25] - Cash and cash equivalents rose to 704.73 million USD from 481.11 million USD[27] - Net cash flow from financing activities was -51,717,442.10, compared to 15,564,342.24 in the previous period[42] - Cash and cash equivalents at the end of the period stood at 472,019,164.28, down from 691,622,974.60[42] - Monetary funds decreased to 249,221,587.45 from 393,772,815.47[42] - Net cash flow from operating activities was -108,479,469.28, primarily due to increased cash payments for goods and services[47][62] - Net cash flow from operating activities was -108.48 million yuan, a significant decrease from -25.31 million yuan in the previous period[65] - Total cash inflow from operating activities was 401.22 million yuan, compared to 412.42 million yuan in the previous period[65] - Total cash outflow from operating activities was 509.70 million yuan, up from 437.74 million yuan in the previous period[65] - Cash received from investment recovery surged to 733,052,019.16 from 372,532,756.51[41] - Cash outflow for investment activities decreased to 799,232,114.38 from 889,497,929.61[41] Accounts Receivable and Payable - Contract liabilities increased to 754.97 million USD from 703.17 million USD[26] - Accounts receivable decreased to 574.15 million USD from 638.31 million USD[27] - Accounts receivable increased to 448,167,264.65 from 378,711,218.34[42] - Contract liabilities decreased to 325,647,649.04 from 394,961,662.83 in the previous period[44] R&D and Financial Expenses - R&D expenses remained stable at 14.95 million USD in Q1 2024[33] - Financial expenses showed a significant decrease to -3.87 million USD in Q1 2024 from 1.13 million USD in Q1 2023[36] - R&D investment decreased by 2.76% to 22,034,279.90, accounting for 4.70% of operating revenue[47] Earnings Per Share and Return on Equity - Basic earnings per share increased to 0.07 from 0.06[38] - Basic and diluted earnings per share were both 0.07, representing a 16.67% increase[47] - Weighted average return on equity decreased by 0.03 percentage points to 1.11%[47] Shareholder Information - The company's repurchase account held 3,225,051 shares, representing 0.77% of total shares[51] - Li Ruiqiang, the largest shareholder, holds 214,810,148 shares, representing 51.61% of total shares[59] Non-Recurring Items and Other Income - Non-recurring gains and losses amounted to 6.03 million yuan, including 6.35 million yuan from financial asset investment income and fair value changes[68] - Financial assets and liabilities generated a fair value change and disposal gain of 6.35 million yuan[68] - Interest income increased to 1,425,344.88 from 892,773.60, a significant rise[37] - Investment income rose to 6,262,596.32 from 5,340,855.19, showing growth in investment returns[37] - Government subsidies received were 433,708.43 yuan[68] - Tax refunds received were 1.75 million yuan, down from 3.25 million yuan in the previous period[65] - Cash paid for goods and services was 250.93 million yuan, up from 188.57 million yuan in the previous period[65] - Cash paid to employees was 178.63 million yuan, slightly higher than 175.77 million yuan in the previous period[65]