Revenue and Profit Growth - Revenue for the first quarter of 2024 increased by 44.92% to RMB 260,355,337.44 compared to the same period last year[4] - Net profit attributable to shareholders of the listed company rose by 39.62% to RMB 23,810,232.01 year-over-year[4] Cash Flow Improvements - Operating cash flow improved significantly by 202.65% to RMB 16,892,649.88 from a negative RMB 16,456,658.92 in the previous year[4] - Cash flow from investing activities turned positive, increasing by 258.72% to RMB 29,516,757.57[8] Asset and Investment Growth - Total assets grew by 2.09% to RMB 1,872,931,473.66 compared to the end of the previous year[4] - Investment income surged by 564.57% to RMB 1,808,844.95 due to increased returns from financial products[8] - The company's construction in progress increased by 57.45% to RMB 97,789,228.93 due to the new phase II factory in Wuhu[8] Government Subsidies and Other Income - Government subsidies increased by 304.66% to RMB 3,438,329.85, contributing to other income[8] Credit and Tax Implications - Credit impairment losses increased by 260.30% to RMB -3,116,257.42 due to higher bad debt provisions[8] - Deferred tax assets grew by 157.65% to RMB 2,013,594.03 due to increased credit impairment losses[8]
福赛科技(301529) - 2024 Q1 - 季度财报
WuHu Foresight Technology (301529)2024-04-24 10:02