国光电气(688776) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for the first quarter was ¥159,182,380.85, a decrease of 3.85% compared to the same period last year[3] - Net profit attributable to shareholders was ¥28,796,524.70, an increase of 40.85% year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥28,249,735.67, up 38.63% from the previous year[4] - Basic and diluted earnings per share were both ¥0.27, reflecting a 42.11% increase[4] - Total revenue for Q1 2024 was approximately ¥159.18 million, a decrease of 3.4% compared to ¥165.56 million in Q1 2023[28] - Net profit for Q1 2024 was not explicitly stated, but the decrease in revenue and costs suggests a potential decline in profitability[28] - In Q1 2024, the company reported a net profit of ¥28,796,524.70, an increase of 40.5% compared to ¥20,445,069.52 in Q1 2023[43] - The operating profit for Q1 2024 was ¥33,841,969.75, up from ¥23,609,598.09 in the same period last year, reflecting a growth of 43.3%[43] - Basic earnings per share for Q1 2024 were ¥0.27, compared to ¥0.19 in Q1 2023, representing a growth of 42.1%[45] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥2,385,933,808.20, a 0.91% increase from the end of the previous year[4] - The total assets as of March 31, 2024, were approximately ¥2.39 billion, an increase from ¥2.36 billion at the end of 2023[32] - The company's total liabilities decreased to ¥519,479,940.35 from ¥527,472,036.02, a reduction of 1.9%[36] - The total equity attributable to shareholders rose to ¥1,866,453,867.85, up from ¥1,836,926,749.05, reflecting an increase of 1.6%[36] - The company's total liabilities and equity amounted to approximately ¥2.39 billion, showing a slight increase from the previous year[32] Cash Flow - The net cash flow from operating activities was ¥31,748,526.55, reflecting an increase in sales collections compared to the previous year[14] - Cash inflow from operating activities reached ¥162,506,293.42, compared to ¥117,118,195.65 in Q1 2023, marking an increase of 38.7%[39] - The net cash flow from operating activities was 31,748,526.55 RMB, a significant improvement compared to the previous year's negative cash flow of -11,152,860.52 RMB[47] - The total cash outflow from investing activities amounted to 24,749,356.00 RMB, slightly higher than the previous year's outflow of 23,285,724.10 RMB[47] - The net cash flow from investing activities was -24,748,856.00 RMB, compared to -23,240,886.10 RMB in the prior year, indicating increased investment expenditures[47] - The cash and cash equivalents increased by 6,999,304.29 RMB, contrasting with a decrease of -34,640,980.29 RMB in the previous period[48] - The ending balance of cash and cash equivalents was 987,050,214.11 RMB, up from 955,090,741.58 RMB year-over-year[48] Research and Development - Research and development expenses totaled ¥10,269,277.40, representing 6.45% of operating revenue, an increase of 1.51 percentage points[4] - Research and development expenses increased to approximately ¥10.27 million in Q1 2024, compared to ¥8.17 million in Q1 2023, reflecting a 25.8% increase[28] Shareholder Information - The number of common shareholders at the end of the reporting period was 5,166[21] - The largest shareholder, Xinyu Anyuan Jin Enterprise Management Co., Ltd., holds 50.79% of the shares[21] Management and Governance - The company announced that the chairman, Zhang Ya, is temporarily unable to perform his duties due to being placed under detention, with the vice chairman, Wu Changnian, taking over responsibilities[18] Government Support - The company received government subsidies amounting to ¥646,134.15, which are closely related to its normal business operations[4] Inventory and Costs - Total operating costs for Q1 2024 were approximately ¥121.26 million, down 12.1% from ¥137.86 million in Q1 2023[28] - The company’s inventory decreased to approximately ¥232.83 million from ¥245.43 million, indicating a reduction of 5.1%[32] Tax and Employee Expenses - Tax payments totaled 11,697,881.99 RMB, significantly higher than the previous year's 2,419,351.90 RMB, indicating increased tax liabilities[47] - The company paid 43,975,787.83 RMB to employees, compared to 49,136,036.99 RMB in the previous year, reflecting a decrease in employee-related cash outflows[47] Financial Structure - The total liabilities to equity ratio improved slightly, reflecting a more favorable financial structure[36] - The impact of exchange rate changes on cash and cash equivalents was -366.26 RMB, compared to a positive impact of 2,766.33 RMB in the prior year[48] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[42]