万安科技(002590) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥815,303,322.86, representing a 7.03% increase compared to ¥761,721,711.49 in the same period last year[5] - Net profit attributable to shareholders reached ¥21,166,564.68, a significant increase of 1,890.93% from ¥1,063,151.79 in the previous year[5] - The net profit after deducting non-recurring gains and losses was ¥12,116,862.98, up 279.32% from a loss of ¥6,757,303.35 in the same period last year[5] - Basic and diluted earnings per share were both ¥0.04, reflecting a 1,718.18% increase from ¥0.0022 in the previous year[5] - Operating profit for Q1 2024 was ¥18,788,448.13, significantly up from ¥1,717,022.80 in Q1 2023[21] - The company reported a total comprehensive income of ¥19,421,158.53, recovering from a loss of ¥542,474.78 in the previous year[21] Assets and Liabilities - The company's total assets decreased by 1.36% to ¥5,251,250,685.22 from ¥5,323,904,426.38 at the end of the previous year[5] - As of March 31, 2024, the total assets of Zhejiang Wan'an Technology Co., Ltd. amounted to CNY 5,251,250,685.22, a decrease from CNY 5,323,904,426.38 at the beginning of the period[16] - The total liabilities amounted to CNY 2,876,694,592.09, down from CNY 2,970,172,597.22, reflecting a decrease of about 3.1%[17] - The total current liabilities decreased to CNY 2,526,167,948.18 from CNY 2,630,626,932.68, a decline of approximately 4%[17] - The company's non-current assets totaled CNY 2,013,648,415.43, an increase from CNY 1,990,107,491.63[17] Cash Flow - Cash flow from operating activities showed a net outflow of ¥10,839,634.28, a decrease of 126.32% compared to a net inflow of ¥41,188,067.48 in the same period last year[5][10] - The company reported a net cash outflow from operating activities of ¥10,839,634.28, a decrease from a net inflow of ¥41,188,067.48 in Q1 2023[22] - In Q1 2024, the net cash flow from investment activities was -112,599,560.87 CNY, compared to -65,113,704.23 CNY in Q1 2023, indicating a significant increase in cash outflow[23] - The total cash inflow from financing activities was 223,400,000.00 CNY, up from 175,750,000.00 CNY in the same period last year, reflecting a growth of approximately 27.1%[23] - The net cash flow from financing activities was 48,532,795.56 CNY, a substantial increase from 191,580.57 CNY in Q1 2023[23] - The cash and cash equivalents at the end of Q1 2024 amounted to 589,405,967.91 CNY, compared to 531,833,680.34 CNY at the end of Q1 2023, representing an increase of about 10.8%[23] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 59,631[12] - The company's total equity attributable to shareholders reached ¥2,289,826,458.73, up from ¥2,267,656,788.61 year-over-year[18] Investments and Acquisitions - The company invested CNY 17 million in Jiong Yi Electronics, acquiring a 4.9454% stake[14] - A share transfer agreement was signed, resulting in the company holding a 33% stake in Heng Chuang Zhi Xing after transferring 12% of its shares[15] Operational Costs and Expenses - The total operating costs for Q1 2024 were ¥790,488,725.21, an increase from ¥770,498,513.48 in the same period last year[19] - Research and development expenses increased to ¥40,486,975.51, up from ¥35,041,380.49 in the same quarter last year, reflecting a focus on innovation[19] Other Financial Metrics - The company reported a 941.65% increase in total profit, attributed to sales growth and improved internal gross margins[9] - Financial expenses decreased by 72.06% year-on-year, primarily due to changes in exchange gains and losses[9] - The company experienced a 63.41% increase in long-term payables, mainly due to an increase in financing lease payments[9] - The company reported a decrease in inventory to CNY 751,667,730.36 from CNY 690,042,224.03, an increase of approximately 8.9%[16] - The company's cash and cash equivalents decreased to CNY 782,495,861.65 from CNY 878,597,288.94, reflecting a decline of approximately 10.9%[16] - Accounts receivable stood at CNY 1,129,986,451.81, down from CNY 1,265,013,661.99, indicating a reduction of about 10.7%[16] Audit and Accounting Standards - The company did not undergo an audit for the Q1 2024 report, which may affect the perception of financial reliability[24] - The company has adopted new accounting standards starting in 2024, which may influence future financial reporting and analysis[24] - The impact of exchange rate fluctuations on cash and cash equivalents was 880,088.16 CNY in Q1 2024, contrasting with -1,511,615.15 CNY in Q1 2023[23]