美力科技(300611) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 reached ¥302,129,323.80, representing a 29.06% increase compared to ¥234,101,936.90 in the same period last year[4] - Net profit attributable to shareholders was ¥16,115,105.65, up 79.86% from ¥8,959,861.73 year-on-year[4] - The net cash flow from operating activities improved significantly to ¥42,474,878.40, a 412.64% increase from -¥13,585,919.07 in the previous year[4] - Basic and diluted earnings per share both increased to ¥0.08, doubling from ¥0.04 in the same period last year[4] - The net profit excluding non-recurring gains and losses was ¥14,803,245.07, reflecting a 111.00% increase from ¥7,015,620.82 in the previous year[4] - The weighted average return on equity rose to 1.61%, up from 0.90% in the same period last year[4] - The total operating revenue for Q1 2024 was CNY 302,129,323.80, representing an increase of 28.9% compared to CNY 234,101,936.90 in Q1 2023[22] - The net profit for Q1 2024 reached CNY 15,102,456.67, a significant increase of 215.5% from CNY 4,793,928.69 in Q1 2023[23] - The earnings per share (EPS) for Q1 2024 was CNY 0.08, doubling from CNY 0.04 in the previous year[24] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥2,070,066,479.60, a decrease of 1.98% from ¥2,111,810,202.50 at the end of the previous year[4] - The total assets as of the end of Q1 2024 were CNY 2,070,066,479.60, slightly down from CNY 2,111,810,202.50 at the end of Q1 2023[21] - The total liabilities decreased to CNY 970,168,190.58 from CNY 1,027,014,370.15 year-over-year, a reduction of 5.5%[21] - The total non-current assets were CNY 938,549,411.71, a decrease from CNY 961,717,407.53 in the previous year, reflecting a strategic focus on asset management[21] Cash Flow - The net cash flow from investing activities improved to -¥6,075,713.40, a 77.00% reduction in outflow compared to -¥26,411,656.88 in the previous year[11] - Operating cash flow for the current period is $42,474,878.40, compared to a negative cash flow of -$13,585,919.07 in the previous period, indicating a significant improvement[25] - Cash inflow from operating activities totaled $286,386,680.12, up from$216,253,087.88 in the previous period, reflecting a growth of approximately 32.4%[25] - Cash outflow from operating activities increased to $243,911,801.72 from$229,839,006.95, representing an increase of about 6.1%[25] - Net cash flow from investing activities was -$6,075,713.40, an improvement from -$26,411,656.88 in the previous period[26] - Cash inflow from financing activities was $102,000,000.00, up from$77,800,000.00, marking an increase of approximately 31.0%[26] - Net cash flow from financing activities was -$4,526,803.23, compared to -$12,249,428.50 in the previous period, indicating a reduction in cash outflow[26] - The ending cash and cash equivalents balance increased to $225,266,013.24 from$116,797,341.48, showing a significant rise of approximately 93.2%[26] Shareholder Information - Total number of common shareholders at the end of the reporting period was 13,161[13] - The largest shareholder, Zhang Bihong, holds 35.69% of shares, totaling 75,341,200 shares[13] - The company’s repurchase account held 2,974,500 shares, representing 1.41% of total shares[14] - The total number of restricted shares at the end of the period was 61,728,300 after a reduction of 2,359,500 shares[16] - The company’s second employee stock ownership plan is set to expire on August 17, 2024[17] Operational Highlights - The company reported a significant increase in other income, which reached ¥5,572,354.88, a 149.38% rise compared to ¥2,234,512.22 in the previous year[10] - The company experienced a 71.53% increase in taxes and surcharges, totaling ¥4,040,697.65, primarily due to property tax from rental income[10] - The company reported cash and cash equivalents of ¥246,248,217.05 at the end of Q1 2024, an increase from ¥220,477,674.51 at the beginning of the period[19] - Accounts receivable decreased to ¥405,483,564.92 from ¥505,156,875.14, indicating a reduction of approximately 19.7%[19] - Inventory increased to ¥306,070,079.55 from ¥283,091,702.33, reflecting a growth of about 8.1%[19] - The company established MEILI SPRINGS PTE.LTD. in Singapore with a registered capital of SGD 50,000, and holds 100% ownership[18] - MEILI (USA) INC was established in Texas with a total share count of 1,000,000 shares, also with 100% ownership[18] - The company reported a significant increase in research and development expenses, which rose to CNY 13,457,362.53 from CNY 10,594,051.42, marking a growth of 27.5%[22] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[24]