姚记科技(002605) - 2024 Q1 - 季度财报

Asset Growth and Composition - Total assets increased to 5,255,672,656.89 RMB from 4,723,392,948.53 RMB, reflecting a growth of 11.27%[12][14] - Total current assets increased to 2,472,260,891.06 RMB from 1,966,797,705.45 RMB, up by 25.70%[12] - Non-current assets grew slightly to 2,783,411,765.83 RMB from 2,756,595,243.08 RMB, an increase of 0.97%[12] - Total assets increased by 11.27% to 5.26 billion yuan compared to the end of the previous year[26] Cash and Cash Equivalents - Cash and cash equivalents rose significantly to 1,213,543,093.50 RMB from 720,806,888.61 RMB, a 68.36% increase[12] - Cash and cash equivalents increased by $497,084,296.26, ending the period at$1,115,146,098.54[45] Accounts Receivable and Inventory - Accounts receivable increased slightly to 716,343,467.77 RMB from 700,337,908.19 RMB, up by 2.29%[12] - Inventory levels remained nearly unchanged at 417,397,736.53 RMB compared to 417,437,488.66 RMB[12] Liabilities and Debt Management - Total liabilities grew to 1,773,979,220.60 RMB from 1,469,526,122.25 RMB, an increase of 20.72%[13] - Short-term borrowings decreased to 359,278,069.42 RMB from 399,141,777.79 RMB, a reduction of 9.99%[13] - The company repaid $83,316,433.94 in debt, reducing its liabilities[45] Shareholders' Equity and Investments - Shareholders' equity increased to 3,481,693,436.29 RMB from 3,253,866,826.28 RMB, up by 7.00$45,184,624.17, reflecting substantial cash outflows[45] - Net cash flow from financing activities was positive at 505,896,516.79, indicating strong financing capabilities[45] Sales and R&D Expenses - Sales revenue from goods and services for Q1 2024 was 941.58 million yuan, down 19.8% from 1,174.20 million yuan in the previous year[44] - R&D expenses for Q1 2024 were 50.66 million yuan, a decrease of 19.5% compared to 62.90 million yuan in the same period last year[34] Government Subsidies and Shareholder Information - The company received government subsidies of 2.40 million yuan during the reporting period[26] - The top shareholder, Yao Shuobin, holds 17.11% of the company's shares, totaling 70.50 million shares[18] - The company's controlling shareholders include Yao Wenchen and his family, holding a total of 116.22 million shares[28] Investment and Financing Activities - Investment cash outflow totaled 52,190,859.77, with a significant portion allocated to investment payments of $2,600,000.00[45] - Cash inflow from financing activities reached$620,626,167.92, primarily driven by borrowing of $617,626,167.92[45] - The company allocated$29,999,000.00 to other financing-related payments, indicating strategic financial management[45] Foreign Exchange and Other Comprehensive Income - Foreign exchange translation differences contributed 30,532.97 yuan to other comprehensive income[24] - Exchange rate fluctuations had a minor impact, resulting in a net gain of $178,768.44[45] Convertible Bonds and Issuance - The company issued a prospectus for the issuance of convertible bonds to unspecified targets on January 23, 2024[30] - The company announced the listing of convertible bonds on February 23, 2024[30]