东华测试(300354) - 2024 Q1 - 季度财报

Revenue and Profit Growth - Revenue for the first quarter of 2024 increased by 45.16% to RMB 104.33 million compared to the same period last year[5] - Net profit attributable to shareholders of the listed company surged by 165.70% to RMB 27.34 million year-over-year[5] - Total revenue for Q1 2024 reached RMB 104.33 million, a significant increase from RMB 71.87 million in the same period last year[23] - Net profit attributable to the parent company rose to RMB 38.76 million, up from RMB 36.02 million in the previous quarter[22] - Net profit for the first quarter of 2024 was RMB 27.32 million, a significant increase from RMB 10.29 million in the same period last year[24] - Operating profit for the first quarter of 2024 reached RMB 29.84 million, compared to RMB 12.03 million in the previous year[24] - Total comprehensive income for Q1 2024 was RMB 27.32 million, compared to RMB 10.29 million in Q1 2023[24] Cash Flow and Financial Position - Operating cash flow decreased by 104.85% to RMB -38.94 million, primarily due to year-end bonus payments and investments in new facilities[5] - Cash received from sales of goods and services decreased by 30.51% to RMB 57.20 million, influenced by increased bank bill settlements and reduced large contract payments[13] - Cash flow from operating activities was negative RMB 38.94 million in Q1 2024, compared to negative RMB 19.01 million in Q1 2023[26] - Cash flow from investing activities was negative RMB 12.04 million in Q1 2024, an improvement from negative RMB 39.60 million in Q1 2023[27] - Cash and cash equivalents at the end of Q1 2024 were RMB 20.08 million, down from RMB 74.39 million at the beginning of the quarter[27] - Cash and cash equivalents dropped significantly to RMB 21.85 million, down 71% from RMB 75.41 million at the start of the year[20] Assets and Liabilities - Accounts receivable increased to RMB 309.27 million, up 21.9% from RMB 253.71 million at the beginning of the year[20] - Total assets grew to RMB 759.03 million, a 3.2% increase from RMB 735.27 million at the start of the year[22] - Inventory levels rose slightly to RMB 172.05 million, compared to RMB 169.66 million at the beginning of the quarter[21] - Fixed assets decreased to RMB 115.92 million, down from RMB 117.81 million at the start of the year[21] - Total liabilities decreased to RMB 66.68 million, down 3.5% from RMB 69.07 million at the beginning of the quarter[22] - Contract liabilities increased to RMB 22.93 million, up 29.3% from RMB 17.73 million at the beginning of the quarter[21] Shareholder and Equity Information - The total number of ordinary shareholders at the end of the reporting period is 6,325[15] - Liu Shigang, a domestic natural person, holds 48.99% of the shares, totaling 67,765,930 shares, with 50,824,447 shares under restricted sale[15] - Luo Mian, a domestic natural person, holds 5.03% of the shares, totaling 6,953,100 shares, with 5,214,825 shares under restricted sale[15] - The top 10 shareholders include various funds such as the Bank of Communications Schroder Advanced Manufacturing Mixed Securities Investment Fund, holding 3.89% of the shares[15] - Liu Shigang and Luo Mian are spouses, and the company is unaware of any other relationships or concerted actions among the top 10 shareholders[16] - The restricted shares of Liu Shigang remain unchanged at 50,824,447 shares, with the restriction due to executive and senior management regulations[17] - Luo Mian's restricted shares decreased by 1,200,000 shares to 5,214,825 shares, also due to executive and senior management regulations[17] - The restricted shares of other executives such as Liu Peiyao, Wang Rui, and Qu Zhe remain unchanged, with restrictions due to executive and senior management regulations[17] - Fan Yimu's restricted shares decreased by 35,093 shares to 106,844 shares, with restrictions due to executive and senior management regulations[17] - Chen Li's restricted shares remain unchanged at 81,675 shares, with restrictions due to executive and senior management regulations[17] Expenses and Investments - Prepaid expenses increased by 82.45% to RMB 21.46 million, mainly due to higher advance payments for materials[10] - Accounts payable rose by 115.12% to RMB 22.65 million, driven by increased material procurement[10] - Investment in fixed assets, intangible assets, and other long-term assets decreased by 38.58% to RMB 12.04 million, reflecting reduced payments for new factory construction[13] - R&D expenses increased to RMB 12.58 million in Q1 2024, up from RMB 10.13 million in Q1 2023[24] - Research and development expenses are not explicitly stated in the provided financial data, indicating potential focus on operational efficiency[23] Tax and Other Financial Activities - Tax payments dropped by 53.94% to RMB 14.67 million, as deferred tax payments from the previous period were settled[13] - The company received RMB 1.48 million from minority shareholders' capital contributions to subsidiaries, marking a 100% increase[13] - Repayment of repurchase funds amounted to RMB 13.50 million, a 100% increase compared to the previous period[13] - Tax refunds received in Q1 2024 amounted to RMB 5.87 million, slightly higher than RMB 5.31 million in Q1 2023[26] Earnings Per Share - Basic earnings per share (EPS) for Q1 2024 was RMB 0.1976, up from RMB 0.0744 in Q1 2023[25]