大族激光(002008) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥2,655,635,712.91, representing a 9.51% increase compared to ¥2,425,072,389.45 in the same period last year[5] - Net profit attributable to shareholders was ¥988,980,528.81, a significant increase of 594.31% from ¥142,440,396.14 in the previous year[5] - The basic earnings per share rose to ¥0.94, up 571.43% from ¥0.14 in the same period last year[5] - The weighted average return on equity increased to 6.40%, up 5.40 percentage points from 1.00% in the previous year[5] - The operating profit for Q1 2024 was ¥1,037,033,977.69, compared to ¥126,324,457.43 in Q1 2023, indicating a substantial increase[21] - The comprehensive income attributable to shareholders of the parent company was ¥942,936,960.04, compared to ¥178,239,569.94 in the same period last year, showing a growth of 428.5%[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥32,840,535,022.49, a decrease of 3.98% from ¥34,200,363,737.11 at the end of the previous year[5] - As of March 31, 2024, the company's total assets amounted to approximately 32.84 billion RMB, down from 34.20 billion RMB at the beginning of the period[18] - The total liabilities decreased to approximately 15.65 billion RMB from 17.82 billion RMB[18] - The total cash inflow from operating activities was CNY 3,000,936,557.56, a decrease of 4.1% compared to CNY 3,128,671,341.10 in the previous period[23] - The total liabilities and equity decreased to ¥32,840,535,022.49 from ¥34,200,363,737.11, indicating a reduction in financial leverage[22] Cash Flow - The net cash flow from operating activities was -¥310,337,654.94, a decline of 31.74% compared to -¥235,576,847.48 in the same period last year[5] - The net cash outflow from operating activities was CNY -310,337,654.94, worsening from CNY -235,576,847.48 in the same period last year[23] - Cash inflow from investment activities totaled CNY 687,795,237.22, an increase of 41.7% from CNY 485,386,220.96 in the previous year[24] - The net cash flow from investment activities was CNY 355,432,698.61, a significant improvement from CNY -92,259,613.22 in the previous period[24] - The ending cash and cash equivalents balance was CNY 5,210,362,791.98, down from CNY 6,052,375,804.02 at the end of the previous period[24] Borrowings and Financial Expenses - The company experienced a 114.55% increase in short-term borrowings, rising to ¥2,103,078,565.27 from ¥980,221,937.50[8] - Short-term borrowings increased significantly as a result of external borrowing during the reporting period[9] - The company's long-term borrowings increased to approximately 2.25 billion RMB from 2.12 billion RMB[18] - The company’s financial expenses fluctuated due to reduced interest expenses and increased interest income, alongside currency exchange rate impacts[15] Investments and R&D - Investment income increased by 548.84%, reaching ¥1,049,984,135.83 compared to ¥161,824,758.04 in the previous year[8] - Research and development expenses increased due to higher capitalized R&D investments during the reporting period[10] - Research and development expenses increased to ¥381,842,684.74, up from ¥318,644,164.98, reflecting a growth of 19.8%[20] - The company’s sales and research expenses rose significantly due to stock incentive costs and increased R&D investments[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 186,346, with the largest shareholder, Dazhu Holdings Group, holding 15.37%[11] - The company repurchased 2,641,943 shares, representing 0.25% of the total share capital, at an average price between 15.41 RMB and 20.26 RMB, totaling approximately 51.62 million RMB[16] - The company plans to use between 500 million RMB and 1 billion RMB for share repurchase at a price not exceeding 25 RMB per share[15] Other Financial Activities - The company recorded a net loss from non-operating income and expenses of ¥994,561,354.36, primarily due to non-recurring losses[6] - The company agreed to sell 65.375% of its subsidiary, Shenzhen Dazhuo Siter Technology Co., Ltd., for a valuation of 1.6 billion RMB, receiving 1.046 billion RMB from 16 investment entities[15] - The company experienced fluctuations in investment income and net profit due to the disposal of shares in Dazhu Siter, impacting overall financial performance[19] - The fair value changes in financial assets led to notable fluctuations in other income compared to the previous year[16]