NBTM(600114)2024-04-26 08:55Financial Performance - The company's operating revenue for Q1 2024 reached ¥1,102,132,227.35, representing a year-on-year increase of 37.42%[4] - Net profit attributable to shareholders was ¥81,171,485.47, a significant increase of 320.81% compared to the same period last year[4] - The basic earnings per share rose to ¥0.13, reflecting a growth of 333.33% year-on-year[4] - Operating profit for Q1 2024 was ¥95,223,917.86, compared to ¥14,690,157.72 in Q1 2023, reflecting a substantial growth[21] - Net profit for Q1 2024 was ¥88,559,772.49, up from ¥11,615,326.92 in Q1 2023, indicating a year-over-year increase of 661.5%[21] - The total comprehensive income attributable to shareholders for Q1 2024 was ¥81,171,485.47, compared to ¥19,289,407.94 in Q1 2023, marking a significant increase[21] - In Q1 2024, the company reported a total comprehensive income of approximately ¥88.32 million, a significant increase from ¥11.12 million in Q1 2023, representing a year-over-year growth of 694.5%[22] Cash Flow and Investments - The net cash flow from operating activities was ¥81,854,158.96, showing an increase of 80.93%[4] - The net cash flow from operating activities for Q1 2024 was approximately ¥81.85 million, up from ¥45.24 million in Q1 2023, indicating an increase of 81.9%[24] - The company generated cash inflows from sales of goods and services amounting to approximately ¥785.10 million in Q1 2024, compared to ¥614.54 million in Q1 2023, reflecting a growth of 27.7%[23] - The net cash flow from investing activities was negative at approximately -¥38.49 million in Q1 2024, an improvement from -¥59.88 million in Q1 2023[24] - The company raised approximately ¥130.80 million from financing activities in Q1 2024, down from ¥429.96 million in Q1 2023, indicating a decrease of 69.6%[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥6,861,880,093.73, up 1.37% from the end of the previous year[4] - Total assets as of Q1 2024 amounted to ¥6,861,880,093.73, up from ¥6,769,069,473.24 at the end of Q1 2023[18] - Total liabilities for Q1 2024 were ¥3,857,887,389.49, slightly up from ¥3,850,992,060.32 in Q1 2023[18] - The company's equity attributable to shareholders increased to ¥2,608,169,466.22 in Q1 2024, compared to ¥2,527,153,837.50 in Q1 2023[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 26,689[9] - Major shareholders include Muku Special Metal Industry Co., Ltd., holding 10.62% of shares, and Ningbo Jinguang Investment Co., Ltd., holding 8.29%[9] Research and Development - Research and development expenses increased to ¥76,582,948.95 in Q1 2024, compared to ¥63,888,242.08 in Q1 2023, representing a growth of 19.8%[21] Operational Developments - The company focused on three new material technology platforms, leading to a 31.05% increase in revenue from powder metallurgy and a 171.67% increase from metal injection molding (MIM) during the reporting period[5] - The company plans to establish a dedicated assembly line for axial flux motors in its Ningbo factory, utilizing approximately 1,000 square meters of space[11] Dividend Information - A cash dividend of RMB 0.20 per share is proposed, totaling RMB 123,276,695.40, which represents 62.29% of the net profit attributable to shareholders for 2023[12] Board Changes - The company is undergoing changes in its board of directors, with new nominations for board members and supervisors pending shareholder approval[13]