太辰光(300570) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥223,282,260.29, representing a 17.53% increase compared to ¥189,984,560.08 in the same period last year[5] - Net profit attributable to shareholders was ¥31,749,073.02, up 10.80% from ¥28,653,174.43 year-on-year[5] - Basic earnings per share rose to ¥0.14, reflecting a 7.69% increase from ¥0.13 in the same quarter last year[5] - Operating profit for the quarter was CNY 33,894,631.49, up from CNY 30,993,314.73, reflecting a growth of 9.3% year-over-year[22] - Total comprehensive income for the quarter was CNY 32,276,057.45, up from CNY 27,610,872.44, representing an increase of 16.1% year-over-year[23] Cash Flow - The net cash flow from operating activities surged to ¥44,149,505.83, a significant increase of 1,161.36% compared to ¥3,500,145.84 in the previous year[5] - Cash inflow from operating activities was CNY 235,125,941.01, an increase from CNY 180,669,123.70 in the same quarter last year, reflecting a growth of 30.2%[25] - Net cash flow from operating activities for Q1 2024 was CNY 44,149,505.83, a significant increase from CNY 3,500,145.84 in Q1 2023, representing a growth of approximately 1,160%[26] - Total cash outflow from operating activities was CNY 190,976,435.18, compared to CNY 177,168,977.86 in the previous year, indicating an increase of about 7.5%[26] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,797,618,814.41, marking a 7.17% increase from ¥1,677,341,304.35 at the end of the previous year[5] - The company's total equity increased to CNY 1,406,574,593.67 from CNY 1,373,025,051.63, reflecting a growth of 2.4%[22] - Total liabilities rose to CNY 391,044,220.74, compared to CNY 304,316,252.72 in the previous year, indicating a growth of 28.5%[22] - The total current liabilities amounted to CNY 375,000,000.00, with accounts payable increasing to CNY 233,696,687.25 from CNY 188,701,804.15, a rise of approximately 23.8%[19] Research and Development - The company's R&D expenses increased by 31.90% to ¥1,659.42 million, up from ¥1,258.08 million in the previous year[8] - Research and development expenses increased to CNY 16,594,205.33, up from CNY 12,580,756.97, representing a rise of 32.4% year-over-year[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 45,355[10] - The top shareholder, Huayang Export (Shenzhen) Co., Ltd., held 10.17% of the shares, amounting to 23,094,720 shares[10] - The company approved its 2024 employee stock ownership plan, which involved the transfer of 1,800,000 shares to the employee stock ownership plan account[16] - The company's board and supervisory board approved the employee stock ownership plan on February 20, 2024, and it was ratified by the shareholders on March 8, 2024[16] Government Subsidies - The company received government subsidies amounting to ¥1,854,211.92 during the reporting period[6] Inventory and Receivables - Inventory levels increased to CNY 243,349,190.74, compared to CNY 204,868,501.31 at the start of the period, marking a rise of approximately 18.7%[19] - Accounts receivable slightly decreased to CNY 405,725,732.85 from CNY 410,195,935.08, indicating a decline of about 1.1%[19] - The company reported a significant increase in other receivables, which rose to CNY 2,054,776.81 from CNY 1,292,126.35, a growth of approximately 58.9%[19] Cash and Cash Equivalents - The company's cash and cash equivalents rose to CNY 479,935,182.93 from CNY 370,319,219.98, reflecting an increase of about 29.5%[18] - The ending balance of cash and cash equivalents was CNY 477,296,444.26, up from CNY 330,317,545.74 at the end of Q1 2023, representing a growth of approximately 44.5%[26] - The net increase in cash and cash equivalents for Q1 2024 was CNY 109,617,111.35, compared to CNY 77,271,659.13 in Q1 2023, showing an increase of about 42%[26] Investment Activities - The net cash flow from investment activities decreased by 54.71% to ¥3,429.63 million, down from ¥7,572.60 million year-on-year[8] - Total cash inflow from investment activities was CNY 84,341,584.25, compared to CNY 435,442,966.25 in the previous year, indicating a decrease of about 80.7%[26] - Cash outflow from investment activities totaled CNY 50,045,243.07, down from CNY 359,716,932.37 in Q1 2023, reflecting a reduction of approximately 86.1%[26] - The cash flow from investment activities netted CNY 34,296,341.18, a decrease from CNY 75,726,033.88 in Q1 2023, reflecting a decline of approximately 54.7%[26] Audit and Accounting Standards - The company did not undergo an audit for the Q1 2024 report[28] - The company has not adopted the new accounting standards for the year 2024[27]