中科飞测(688361) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 reached ¥235,529,768.02, representing a year-on-year increase of 45.60%[4] - The net profit attributable to shareholders was ¥34,240,129.57, reflecting a growth of 9.16% compared to the same period last year[4] - Total operating revenue for Q1 2024 reached ¥235,529,768.02, a 45.5% increase from ¥161,763,960.23 in Q1 2023[22] - Net profit for Q1 2024 was ¥34,240,129.57, up from ¥31,367,069.83 in Q1 2023, representing an increase of 5.6%[23] - Comprehensive income for Q1 2024 totaled ¥34,133,859.26, compared to ¥31,497,662.48 in Q1 2023, reflecting an increase of 8.3%[25] Research and Development - Research and development (R&D) expenses totaled ¥73,385,874.08, which is an increase of 36.16% year-on-year, accounting for 31.16% of operating revenue[5] - R&D expenses increased to ¥73,385,874.08 in Q1 2024, compared to ¥53,896,086.10 in Q1 2023, marking a 36.3% rise[22] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥20,501,135.74, indicating a decrease due to increased cash outflows for purchasing goods[4][8] - Cash flow from operating activities in Q1 2024 was ¥329,728,989.76, compared to ¥256,114,063.59 in Q1 2023, indicating a 28.7% increase[27] - In Q1 2024, the net cash flow from operating activities was -$20,501,135.74, a decrease from $39,324,282.92 in Q1 2023[28] - The net cash flow from investment activities was $270,587,671.62, compared to -$25,080,681.08 in Q1 2023[28] - The net increase in cash and cash equivalents for Q1 2024 was $242,808,571.10, a substantial rise from $23,603,014.02 in Q1 2023[29] - The ending balance of cash and cash equivalents reached $603,551,708.99, up from $234,047,610.15 at the end of Q1 2023[29] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,578,101,644.46, up 4.38% from the previous year[5] - The company's total assets reached CNY 3,578,101,644.46, an increase from CNY 3,428,017,518.02 as of December 31, 2023, representing a growth of approximately 4.4%[20] - Total current liabilities increased to CNY 990,291,984.32 from CNY 853,316,534.13, reflecting a rise of approximately 16.1%[20] - The company's total liabilities increased to CNY 1,132,346,511.41 from CNY 1,017,060,959.39, reflecting a growth of approximately 11.3%[21] Inventory and Receivables - The company's inventory as of March 31, 2024, was CNY 1,286,707,597.01, compared to CNY 1,111,988,309.97 at the end of 2023, marking an increase of around 15.7%[19] - The company's accounts receivable decreased slightly to CNY 143,602,580.28 from CNY 162,204,109.90, a decline of approximately 11.5%[18] - The company’s other receivables increased to CNY 11,540,088.01 from CNY 6,715,436.51, representing a growth of about 71.5%[19] Market Position and Recognition - The company reported a significant increase in product sales, contributing to the overall revenue growth and improved profitability[8] - The company has seen a substantial increase in market recognition and product variety, enhancing its competitive position[8] Non-Recurring Items - Non-recurring gains and losses amounted to ¥26,459,248.99, primarily driven by government subsidies and other income[6] Operating Costs - Total operating costs for Q1 2024 were ¥219,738,731.11, up from ¥159,607,500.24 in Q1 2023, reflecting a 37.7% increase[22] Employee and Tax Payments - Cash paid to employees increased to $91,035,741.57 from $86,606,755.80 year-over-year[28] - Cash paid for taxes decreased significantly to $1,304,716.17 from $17,634,378.13 in the previous year[28]