Azure(002245)2024-04-19 08:17Financial Performance - Total operating revenue for the current period reached ¥1,429,240,199.07, a significant increase from ¥973,788,617.84 in the previous period, representing a growth of approximately 46.7%[1] - Net profit for the current period was ¥82,984,129.95, a turnaround from a net loss of ¥9,320,141.54 in the previous period[3] - The company reported a profit margin of approximately 5.8% for the current period, compared to a negative margin in the previous period[3] - The company's operating revenue for Q1 2024 was ¥1,429,240,199.07, representing a 46.77% increase compared to ¥973,788,617.84 in the same period last year[17] - Net profit attributable to shareholders for Q1 2024 was ¥70,665,124.35, a significant turnaround from a loss of ¥12,549,581.57 in Q1 2023, marking a 663.09% increase[17] - The company's operating profit, total profit, net profit, and net profit attributable to shareholders of the parent company for Q1 2024 were 103.65 million yuan, 103.63 million yuan, 82.98 million yuan, and 70.67 million yuan respectively, marking a turnaround from losses in the same period last year[35] Operating Costs and Expenses - Total operating costs amounted to ¥1,367,802,817.30, compared to ¥1,006,839,384.47 in the prior period, indicating an increase of about 36%[1] - Research and development expenses increased to ¥83,614,412.54, up from ¥63,718,136.11, reflecting a growth of about 31%[1] - The company's operating costs for Q1 2024 increased by 340.77 million yuan, a rise of 38.52% year-on-year, primarily due to increased sales[35] - Research and development expenses rose by 31.23% to ¥8,353,000.00 in Q1 2024, reflecting increased investment in R&D[22] Cash Flow - Cash flow from operating activities generated a net amount of ¥449,963,564.13, compared to ¥99,893,327.40 in the previous period, showing a substantial improvement[4] - The net cash flow from operating activities increased by 350.44% to ¥449,963,564.13, up from ¥99,893,327.40 in the previous year[17] - The net cash flow from financing activities for Q1 2024 was a net outflow of 138.31 million yuan, compared to a net inflow of 326.79 million yuan in the same period last year[36] - The net cash flow from investment activities for Q1 2024 was a net outflow of 213.53 million yuan, an increase in outflow of 183.57 million yuan compared to the same period last year[43] Assets and Liabilities - The total liabilities decreased to ¥3,749,297,309.54 from ¥4,227,023,236.87, indicating a reduction of approximately 11.3%[1] - The total assets at the end of Q1 2024 were ¥10,559,649,288.50, a decrease of 4.10% from ¥11,010,641,238.10 at the end of the previous year[17] - Current liabilities amounted to approximately 3.66 billion, indicating a reduction of around 12.5%[48] - The company's total current assets as of March 31, 2024, amounted to 5.27 billion yuan, down from 5.51 billion yuan at the beginning of the year[40] - The company's non-current liabilities due within one year decreased by 22.73 million yuan, a decline of 33.05% compared to the beginning of the year, mainly due to repayments of bank loans[35] Shareholder Information - The total equity attributable to shareholders increased to ¥6,516,415,842.40 from ¥6,451,376,937.55, reflecting a growth of about 1%[1] - The company's basic earnings per share for Q1 2024 was ¥0.0613, a significant improvement from a loss of ¥0.0109 per share in Q1 2023, reflecting a 662.39% increase[17] - The total number of ordinary shareholders at the end of the reporting period was 153,106, with the largest shareholder, Greenway Limited, holding 12.82% of the shares[37] Other Financial Metrics - Other comprehensive income after tax for the current period was reported at -¥4,308,803.19, with no comparable figure from the previous period[3] - Other income increased by 382.33% to ¥2,178,160.00, primarily due to an increase in government subsidies recognized during the period[22] - The weighted average return on equity for Q1 2024 was 1.09%, compared to -0.20% in the same period last year[17] - The company's financial expenses decreased by 5.10 million yuan, a decline of 37.83% compared to the same period last year, primarily due to foreign exchange gains[35]