兴业科技(002674) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥596,897,058.73, representing a 28.61% increase compared to ¥464,129,650.50 in the same period last year[3] - Net profit attributable to shareholders was ¥34,628,104.35, up 22.03% from ¥28,377,569.44 year-on-year[3] - The company reported a basic earnings per share of ¥0.1186, which is a 22.02% increase from ¥0.0972 in the same period last year[3] - Operating profit for Q1 2024 was ¥54,071,479.07, up 34.8% from ¥40,101,561.37 in Q1 2023[30] - The total comprehensive income for Q1 2024 was ¥42,831,978.19, up from ¥32,270,216.58 in the same period last year[32] Cash Flow - The net cash flow from operating activities improved significantly to ¥44,736,732.33, a 119.62% increase from a negative cash flow of ¥228,012,216.39 in the previous year[3] - The net cash flow from investing activities was -179,528,543.83, compared to -94,963,697.83 in the previous year, indicating a decline of approximately 88.5%[36] - The net cash flow from financing activities was 50,631,813.61, a decrease of approximately 64.2% from 141,449,181.43 in the previous year[36] - Cash inflow from financing activities totaled 292,320,000.00, up from 147,324,850.00, representing an increase of about 98.2%[36] - The total cash and cash equivalents at the end of the period were 442,708,130.85, down from 622,103,940.51, reflecting a decrease of about 28.8%[36] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,144,525,004.85, reflecting a 0.79% increase from ¥4,112,131,121.95 at the end of the previous year[4] - Current assets decreased to CNY 2,893,012,149.05 from CNY 2,979,529,990.89, primarily due to a reduction in cash and cash equivalents[24] - Total liabilities decreased slightly to CNY 1,488,271,915.97 from CNY 1,498,710,011.26, showing a stable financial position[26] - The company's total equity attributable to shareholders rose by 1.37% to ¥2,434,014,129.52 from ¥2,401,088,281.62 at the end of the previous year[4] - The company's equity remained stable at CNY 2,656,253,088.88, consistent with the previous period[26] Investments and Expenses - The company's long-term equity investments increased by 44.35% to ¥222,618,882.91, primarily due to new investments[9] - Research and development expenses increased to ¥13,288,930.01, up 24.4% from ¥10,696,042.14 in the previous year[30] - The company experienced a 66.31% increase in tax and additional charges, totaling ¥4,447,865.27, due to higher VAT obligations[11] - The company’s financial expenses surged by 54,941.25% to ¥1,444,397.93, mainly due to increased exchange losses[11] Inventory and Receivables - Inventory increased to CNY 1,262,410,259.70 from CNY 1,249,045,513.64, indicating a growth in stock levels[24] - The accounts receivable decreased to CNY 424,498,446.28 from CNY 443,729,966.18, indicating improved collection efforts[24] Other Information - The company has not reported any significant new product developments or market expansions in this quarter[21] - The first quarter report was not audited[38] - The company did not report any adjustments related to the new accounting standards for the current year[37]