中微半导(688380) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 205,428,958.59, representing a 56.12% increase compared to CNY 131,581,560.32 in the same period last year[5]. - Net profit attributable to shareholders decreased by 33.28% to CNY 28,827,267.91 from CNY 42,951,835.26 year-on-year[5]. - The net profit after deducting non-recurring gains and losses was CNY 24,728,451.82, a significant recovery from a loss of CNY 4,628,872.17 in the previous year[6]. - The basic and diluted earnings per share were both CNY 0.07, down 36.36% from CNY 0.11 in the same quarter last year[6]. - Total operating revenue for Q1 2024 was CNY 131,581,560.32, a decrease of 35.5% compared to CNY 205,428,958.59 in Q1 2023[19]. - Net profit for Q1 2024 was CNY 28,827,267.91, down 33.4% from CNY 43,206,726.94 in Q1 2023[21]. - Other income for Q1 2024 was CNY 25,252,541.95, significantly higher than CNY 534,993.10 in Q1 2023[20]. Cash Flow - The net cash flow from operating activities improved to CNY 69,972,496.43, a turnaround from a negative cash flow of approximately CNY 110,040,488.36 in the previous year[6]. - The net cash flow from operating activities for Q1 2024 was CNY 69,972,496.43, compared to a net outflow of CNY 110,040,488.36 in Q1 2023[23]. - The net cash flow from investment activities was $7,436,760.19, a significant improvement compared to a net outflow of -$142,313,679.20 in the previous year[24]. - The cash received from other investment activities was $589,724,389.75, showing a strong investment inflow compared to the previous year[24]. - The company reported a cash net increase of$74,176,375.66, contrasting with a decrease of -$252,767,705.59 in the previous year[24]. Assets and Liabilities - The company's total assets increased by 0.94% to CNY 3,180,852,355.76 compared to CNY 3,151,080,027.72 at the end of the previous year[6]. - As of March 31, 2024, the total assets of the company amounted to RMB 3,180,852,355.76, an increase from RMB 3,151,080,027.72 as of December 31, 2023, reflecting a growth of approximately 0.94%[16]. - The company's cash and cash equivalents reached RMB 991,431,778.17, up from RMB 917,255,402.51, indicating an increase of about 8.5%[16]. - Accounts receivable decreased to RMB 118,716,087.71 from RMB 150,510,046.24, representing a decline of approximately 21.1%[16]. - The total current liabilities increased to RMB 161,640,061.16 from RMB 153,042,221.15, showing a rise of about 5.2%[17]. - The total liabilities as of Q1 2024 were CNY 183,362,665.58, compared to CNY 179,441,590.35 in Q1 2023, reflecting a slight increase[20]. - Non-current assets totaled RMB 241,496,185.01, down from RMB 249,807,609.88, indicating a decrease of approximately 3.4%[17]. Research and Development - Research and development expenses totaled CNY 24,639,854.37, a decrease of 15.63% from CNY 29,203,725.26 year-on-year, representing 11.99% of operating revenue, down from 22.19%[6]. - Research and development expenses for Q1 2024 were CNY 24,639,854.37, a decrease of 15.5% from CNY 29,203,725.26 in Q1 2023[20]. - The company plans to continue enhancing its competitive edge through ongoing research and product iteration, which contributed to the substantial increase in sales volume and gross margin[10]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,205[12]. - The total equity attributable to shareholders was CNY 2,997,489,690.18, up from CNY 2,971,638,437.37 in Q1 2023[20]. - The company has not reported any significant changes in its major shareholders or their participation in financing activities during the reporting period[14]. Operational Insights - The company experienced a significant impact on net profit due to a decline in the value of its holdings in optical-electronic stocks, affecting approximately CNY 66.78 million[10]. - The company is focusing on expanding its market presence and developing new technologies, although specific details were not provided in the content[15]. - There are no applicable reminders for investors regarding the company's operational situation during the reporting period[15]. - The company did not apply new accounting standards or interpretations for the first time in 2024[25].