Financial Performance - The company's revenue for Q1 2024 was CNY 128,198,942.63, representing a 4.18% increase compared to CNY 123,054,699.18 in the same period last year[7] - Net profit attributable to shareholders was CNY 19,299,090.28, up 5.37% from CNY 18,315,295.71 year-on-year[7] - The net profit after deducting non-recurring gains and losses increased by 34.25% to CNY 16,818,659.54, compared to CNY 12,527,915.84 in the previous year[7] - Total operating revenue for the current period reached ¥128,198,942.63, an increase from ¥123,054,699.18 in the previous period, reflecting a growth of approximately 4.4%[32] - Net profit for the current period was ¥19,299,090.28, compared to ¥18,315,295.71 in the previous period, representing an increase of approximately 5.4%[35] - The total profit for the current period was ¥21,279,558.65, compared to ¥20,384,825.78 in the previous period, reflecting an increase of about 4.4%[32] Cash Flow and Investments - The company's cash flow from operating activities decreased by 7.54% to CNY 22,200,687.73, down from CNY 24,012,170.30 in the same period last year[7] - Cash flow from operating activities generated a net amount of ¥22,200,687.73, a decrease from ¥24,012,170.30 in the previous period[69] - The company experienced a net cash outflow from investing activities of ¥149,426,499.30, compared to a net outflow of ¥23,875,527.35 in the previous period[69] - The net cash flow from financing activities was -20,863,650.90[72] - The net increase in cash and cash equivalents was -20,816,040.66 in the prior period[72] - The ending balance of cash and cash equivalents was 45,561,224.52 in the previous period[72] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,872,253,184.94, a slight increase of 0.22% from CNY 1,868,218,920.98 at the end of the previous year[7] - Total current assets decreased from ¥1,234,996,750.56 to ¥1,192,579,299.17, a reduction of about 3.4%[21] - Total liabilities decreased from ¥560,069,036.28 to ¥544,858,554.55, a decrease of about 2.7%[28] - The company's long-term borrowings decreased from ¥254,039,990.80 to ¥210,807,703.92, a reduction of approximately 17.0%[28] - The company's accounts receivable decreased from ¥249,896,332.19 to ¥233,090,916.81, a decline of approximately 6.8%[21] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 19,990, indicating a stable shareholder base[13] - The equity attributable to shareholders increased by 1.47% to CNY 1,327,394,630.39 from CNY 1,308,149,884.70 at the end of the last year[7] - The company's total equity increased from ¥1,308,149,884.70 to ¥1,327,394,630.39, reflecting a growth of about 1.5%[28] Research and Development - Research and development expenses rose by 32.69% to CNY 8,705,818.91, compared to CNY 6,560,919.02 in Q1 2023, indicating increased investment in innovation[12] - Research and development expenses increased to ¥8,705,818.91 from ¥6,560,919.02, marking a rise of approximately 32.7%[32] Profitability Metrics - The weighted average return on equity decreased to 1.46% from 3.69% in the previous year, reflecting a decline in profitability[7] - Basic and diluted earnings per share were both ¥0.31, down from ¥0.39 in the previous period[62] Other Financial Metrics - The company reported a significant increase of 27145.29% in investment income to CNY 1,630,238.36, compared to CNY 5,983.56 in the same period last year, driven by increased returns from financial products[12] - The company reported a decrease in tax expenses to ¥1,980,468.37 from ¥2,069,530.07, a reduction of about 4.3%[32] - Other income for the current period was ¥2,478,709.23, down from ¥6,398,357.91, indicating a decline of approximately 61.3%[32] Audit Information - The company did not undergo an audit for the first quarter report[73]
夏厦精密(001306) - 2024 Q1 - 季度财报