耐科装备(688419) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 54,586,069.12, representing a year-on-year increase of 29.49%[5] - The net profit attributable to shareholders for the same period was CNY 18,609,242.29, reflecting a growth of 39.75% compared to the previous year[5] - The net profit after deducting non-recurring gains and losses was CNY 14,681,583.89, which is an increase of 53.06% year-on-year[10] - Basic and diluted earnings per share were both CNY 0.23, marking a rise of 43.75% from the previous year[6] - The company reported a financial income of RMB 2,367,594.32 in Q1 2024, a significant increase from RMB 197,062.89 in Q1 2023[20] - The company reported a total profit of CNY 21,205,164.86 for Q1 2024, which is a 38.1% increase from CNY 15,364,004.82 in Q1 2023[21] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 1,154,174,643.74, a slight increase of 0.83% from the end of the previous year[6] - The total assets as of March 31, 2024, amounted to RMB 1,154,174,643.74, a slight increase from RMB 1,144,630,988.25 at the end of 2023[17] - The total liabilities decreased to RMB 164,777,441.02 in Q1 2024 from RMB 173,843,027.82 in Q4 2023, indicating a reduction of approximately 5.2%[17] - The company's equity attributable to shareholders increased to RMB 989,397,202.72 in Q1 2024 from RMB 970,787,960.43 in Q4 2023, showing a growth of 1.3%[17] Cash Flow - The company reported a net cash flow from operating activities of CNY 8,950,125.14, with a decrease in raw material procurement costs contributing to this figure[10] - Operating cash flow for Q1 2024 was CNY 60,785,308.74, compared to CNY 57,420,015.38 in Q1 2023, reflecting a growth of 4.9%[23] - The net cash flow from operating activities improved significantly to CNY 8,950,125.14 in Q1 2024, compared to a negative CNY 4,896,855.12 in Q1 2023[24] - Cash and cash equivalents at the end of Q1 2024 totaled CNY 609,812,692.54, a substantial increase from CNY 187,126,295.18 at the end of Q1 2023[24] - The company received CNY 280,000,000.00 from investment recoveries in Q1 2024, compared to CNY 150,000,000.00 in Q1 2023, marking an 86.67% increase[24] Research and Development - Research and development expenses totaled CNY 3,509,400.93, up 126.16% year-on-year, accounting for 6.43% of operating revenue[6] - Research and development expenses rose significantly to RMB 3,509,400.93 in Q1 2024, compared to RMB 1,551,735.10 in Q1 2023, marking an increase of 126.3%[20] Market and Operational Insights - The increase in operating revenue was primarily driven by a recovery in the semiconductor packaging equipment market and sustained growth in the extrusion molding equipment sector[9] - The total operating costs for Q1 2024 were RMB 37,384,484.44, up from RMB 32,446,686.23 in Q1 2023, reflecting a year-over-year increase of 15.5%[20] - The net profit for Q1 2024 was impacted by a credit impairment loss of RMB -1,293,530.05, contrasting with a gain of RMB 240,228.54 in Q1 2023[20] - Inventory levels rose to RMB 141,399,095.94 in Q1 2024, up from RMB 135,388,858.98 in Q4 2023, reflecting an increase of 4.4%[15] - The company's cash and cash equivalents increased to RMB 609,812,692.54 as of March 31, 2024, compared to RMB 604,884,700.14 at the end of 2023[15] Foreign Exchange Impact - The company experienced a positive impact of CNY 457,267.21 from foreign exchange fluctuations on cash and cash equivalents in Q1 2024[24]