Financial Performance - The company's revenue for Q1 2024 was ¥635,415,651.21, representing a 3.98% increase compared to ¥611,095,996.35 in the same period last year[5] - Net profit attributable to shareholders was ¥43,865,992.98, up 6.72% from ¥41,101,987.24 year-on-year[5] - Basic earnings per share decreased by 15.38% to ¥0.11 from ¥0.13 in the same period last year[5] - Total operating revenue for Q1 2024 was CNY 635,415,651.21, an increase of 3.4% compared to CNY 611,095,996.35 in Q1 2023[24] - Net profit for Q1 2024 reached CNY 44,345,582.48, compared to CNY 40,907,577.97 in Q1 2023, representing a growth of 10.6%[25] - The company reported a comprehensive income total of CNY 20,613,098.26 for Q1 2024, compared to CNY 40,967,054.30 in Q1 2023, indicating a decline of 49.7%[26] Cash Flow - The net cash flow from operating activities was -¥336,056,762.00, a decrease of 27.40% compared to -¥263,774,669.65 in the previous year[11] - The cash inflow from operating activities for the current period was ¥608,869,502.51, compared to ¥346,654,978.04 in the previous period, representing a 75.5% increase[27] - The net cash outflow from operating activities was ¥336,056,762.00, worsening from a net outflow of ¥263,774,669.65 in the previous period[27] - The net cash inflow from investment activities was ¥123,777,668.49, a significant improvement from a net outflow of ¥21,954,549.31 in the previous period[29] - The cash inflow from financing activities was negative at ¥722,712.90, compared to a substantial inflow of ¥1,637,662,525.84 in the previous period[29] - The total cash and cash equivalents at the end of the period stood at ¥947,023,398.41, down from ¥1,449,399,578.02 in the previous period[29] - The company received cash from investment income amounting to ¥1,458,924.65 during the current period[29] - The cash outflow for purchasing fixed assets and intangible assets was ¥57,754,380.10, compared to ¥23,122,663.28 in the previous period, indicating increased investment in assets[29] - The company reported a cash inflow from the recovery of investments of ¥180,000,000.00 in the current period[27] - The cash outflow for paying taxes was ¥14,981,650.28, significantly higher than ¥927,278.65 in the previous period[27] - The impact of exchange rate changes on cash and cash equivalents was a decrease of ¥9,718,188.23[29] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,636,029,057.56, down 5.79% from ¥3,859,663,382.92 at the end of the previous year[5] - The total current assets decreased from 3,149,786,308.13 RMB to 2,891,752,842.00 RMB, a reduction of approximately 8.2%[20] - Total liabilities decreased to CNY 775,134,200.78 in Q1 2024 from CNY 1,019,381,624.40 in Q1 2023, a reduction of 23.9%[22] - The company's equity attributable to shareholders increased to CNY 2,836,121,317.64 in Q1 2024, compared to CNY 2,815,492,604.75 in Q1 2023, reflecting a growth of 0.7%[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 34,815[13] - The largest shareholder, Weihai Mingbo Cable Technology Co., Ltd., holds 52.91% of shares, totaling 205,854,885 shares[13] - The top ten shareholders account for a significant portion of the company's equity, with the top three holding a combined 65.85%[13] - The total number of restricted shares at the end of the period is 205,854,885, with the first release date set for March 17, 2027[16] - The company has not disclosed any other significant shareholder relationships or actions that may affect shareholding dynamics[14] Research and Development - Research and development expenses increased by 38.14% to ¥34,462,699.65, reflecting ongoing investment in new products and technologies[10] - Research and development expenses increased to CNY 34,462,699.65 in Q1 2024, up from CNY 24,946,963.37 in Q1 2023, marking a rise of 38.2%[24] Tax and Fees - The company experienced a 66.91% decrease in tax and additional fees, totaling ¥344,392.75, due to reduced additional taxes on exported products[10]
泓淋电力(301439) - 2024 Q1 - 季度财报