金明精机(300281) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 108,906,403.43, representing a 2.96% increase compared to CNY 105,778,951.16 in the same period last year[3]. - Net profit attributable to shareholders increased significantly to CNY 4,508,763.02, a 315.75% rise from CNY 1,084,481.95 year-on-year[3]. - Basic and diluted earnings per share improved to CNY 0.011, up 266.67% from CNY 0.003 in the same quarter last year[3]. - Net profit for the current period was ¥4,508,763.02, a significant increase of 316.5% compared to ¥1,084,481.95 in the previous period[21]. - Operating profit rose to ¥4,343,853.49, compared to ¥956,332.38 in the previous period, marking a substantial improvement[21]. Cash Flow - The net cash flow from operating activities was negative at CNY -13,212,365.03, a decrease of 124.60% compared to CNY -5,882,685.37 in the previous year[8]. - Cash flow from operating activities showed a net outflow of ¥13,212,365.03, worsening from a net outflow of ¥5,882,685.37 in the previous period[23]. - Cash flow from investing activities generated a net inflow of ¥12,965,750.09, compared to a net outflow of ¥11,716,614.35 in the previous period[23]. - Cash and cash equivalents at the end of the period totaled ¥23,947,351.49, up from ¥13,913,804.70 at the end of the previous period[24]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,473,112,066.71, a decrease of 1.80% from CNY 1,500,073,355.98 at the end of the previous year[3]. - The total liabilities decreased to RMB 191,805,755.24 from RMB 223,275,807.53, indicating a reduction of approximately 14.1%[18]. - The total equity attributable to the parent company increased to RMB 1,281,306,311.47 from RMB 1,276,797,548.45, reflecting a growth of about 0.4%[19]. - The total current assets decreased to RMB 747,842,854.69 from RMB 768,662,505.06, a decline of approximately 2.7%[17]. Other Financial Metrics - The company's weighted average return on equity was 0.35%, up from 0.09% in the previous year[3]. - Investment income decreased by 40.52% to CNY 1,636,663.41, primarily due to a reduction in maturing financial products[8]. - Other income increased to ¥2,236,876.75 from ¥1,772,381.77 in the previous period, reflecting a growth of 26.2%[20]. - The company reported a decrease in research and development expenses to ¥5,019,477.09 from ¥5,238,164.02, indicating a reduction of 4.2%[20]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,980, with the top ten shareholders holding a combined 52.57% of the shares[11]. - There were no changes in the number of preferred shareholders or any significant changes in shareholding structure reported[13]. Inventory and Receivables - The company's inventory decreased to RMB 268,422,482.13 from RMB 274,430,804.28, a decline of approximately 2.2%[17]. - Accounts receivable increased to RMB 39,041,412.42 from RMB 38,455,731.02, showing an increase of about 1.5%[17]. - The balance of other receivables increased by 50.45% to CNY 606,959.62, attributed to increased business reserve funds for market expansion[6]. Operational Developments - The company has not reported any new product developments or market expansions in the current quarter[16]. - The company reported a government subsidy of CNY 868,090.72, contributing to its non-recurring gains[4].