纽威股份(603699) - 2024 Q1 - 季度财报

Financial Performance - Operating revenue for the reporting period reached RMB 1,359,630,107.92, an increase of 24.54% compared to the same period last year[1] - Net profit attributable to shareholders was RMB 196,750,299.59, reflecting a significant increase of 100.45% year-on-year[1] - Net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 193,563,393.28, up by 91.56% compared to the previous year[1] - Basic earnings per share increased to RMB 0.26, representing a 100.00% growth year-on-year[1] - Operating profit for Q1 2024 was RMB 235,166,797.89, compared to RMB 106,010,801.97 in Q1 2023, reflecting a significant increase[26] - The net profit for Q1 2024 was $199,394,203.24, a 102% increase compared to $98,496,304.74 in Q1 2023[47] - The total comprehensive income for Q1 2024 was $197,245,200.67, up from $95,317,449.08 in Q1 2023, reflecting a significant growth[47] - Basic earnings per share for Q1 2024 was 0.26, compared to 0.13 in Q1 2023, indicating a 100% increase[47] - The net profit attributable to shareholders of the parent company for Q1 2024 was $196,750,299.59, compared to $98,152,660.23 in Q1 2023, marking a substantial increase[47] Cash Flow and Liquidity - The net cash flow from operating activities was negative at RMB -103,015,204.72, a decline of 565.91% compared to the same period last year[1] - Cash inflow from operating activities in Q1 2024 was $1,338,517,032.54, an increase from $1,122,715,933.88 in Q1 2023[50] - Cash outflow from operating activities in Q1 2024 totaled $1,441,532,237.26, compared to $1,100,605,242.74 in Q1 2023[50] - The net cash flow from operating activities for Q1 2024 was -$103,015,204.72, a decline from a positive cash flow of $22,110,691.14 in Q1 2023[50] - Cash and cash equivalents at the end of Q1 2024 totaled RMB 1,009,097,988.65, up from RMB 736,242,630.12 at the end of Q1 2023[41] - The company's cash and cash equivalents decreased to RMB 1,027,318,943.28 from RMB 1,168,281,526.29, reflecting a decline of approximately 12.06%[17] Assets and Liabilities - Total assets at the end of the reporting period were RMB 7,864,447,825.70, a slight decrease of 0.18% from the end of the previous year[4] - As of March 31, 2024, the company's total assets amounted to RMB 7,864,447,825.70, a slight decrease from RMB 7,878,593,957.95 as of December 31, 2023[19] - The company's total liabilities as of March 31, 2024, were RMB 4,000,000,000.00, compared to RMB 4,200,000,000.00 previously, indicating a decrease of about 4.76%[19] - Total liabilities decreased to RMB 3,823,857,103.24 in Q1 2024 from RMB 4,054,914,165.53 in Q1 2023[30] - Shareholders' equity attributable to the parent company increased by 5.73% to RMB 3,955,076,773.69[4] - Shareholders' equity increased to RMB 4,040,590,722.46 in Q1 2024, compared to RMB 3,823,679,792.42 in Q1 2023[30] Costs and Expenses - Total operating costs for Q1 2024 were RMB 1,124,680,224.63, up 14.9% from RMB 978,259,293.64 in Q1 2023[26] - Research and development expenses for Q1 2024 were RMB 52,481,978.86, up from RMB 37,242,824.79 in Q1 2023, indicating continued investment in innovation[26] - The company reported a decrease in tax and additional charges to RMB 7,494,205.93 in Q1 2024 from RMB 11,095,284.05 in Q1 2023[26] - The income tax expense for Q1 2024 was $36,000,895.37, compared to $7,540,361.07 in Q1 2023, showing a significant increase[47] Investments and Other Income - The company reported non-recurring gains totaling RMB 3,186,906.31, after accounting for tax and minority interests[6] - Investment income for Q1 2024 was RMB 882,299.39, a recovery from a loss of RMB 1,933,246.22 in Q1 2023[26] - Other comprehensive income after tax for Q1 2024 was -$2,149,002.57, an improvement from -$3,178,855.66 in Q1 2023[47] Inventory and Receivables - Accounts receivable increased to RMB 2,210,793,837.17 from RMB 2,127,377,055.34, representing a growth of about 3.91%[17] - The company's inventory slightly decreased to RMB 2,243,951,113.46 from RMB 2,253,359,455.81, a decline of approximately 0.42%[17]