晶晨股份(688099) - 2024 Q1 - 季度财报

Financial Performance - Revenue for Q1 2024 reached 1.378 billion yuan, a year-on-year increase of 33.16%[4] - Net profit attributable to shareholders of the listed company surged by 319.05% to 127.55 million yuan[4] - Operating revenue for Q1 2024 was 1,378,372,649.52, up from 1,035,149,855.80 in Q1 2023[21] - Operating costs increased to 1,259,913,219.90 from 985,013,292.60 year-over-year[21] - Operating profit for Q1 2024 reached RMB 129,086,543.77, a significant increase from RMB 26,222,850.91 in Q1 2023[22] - Net profit attributable to parent company shareholders was RMB 127,546,238.12 in Q1 2024, compared to RMB 30,437,312.40 in Q1 2023[22] - Basic and diluted earnings per share for Q1 2024 were RMB 0.30, up from RMB 0.07 in Q1 2023[23] - Total comprehensive income for Q1 2024 was RMB 128,734,567.89, a substantial increase from RMB 23,586,477.59 in Q1 2023[22] R&D and Innovation - R&D expenses for Q1 2024 amounted to 328.47 million yuan, a 16.28% increase compared to the same period last year[6] - The company successfully taped out its first 6nm commercial chip and a new Wi-Fi product supporting Wi-Fi 6, BT 5.4, and 802.15.4[7] - The 8K chip has passed operator certification tests and is set for mass commercial use in the domestic operator market[7] - The number of R&D personnel increased by 116 compared to Q1 2023, with R&D expenses rising by 46 million yuan[7] - R&D expenses grew to 328,471,312.14 from 282,475,546.21 compared to the same period last year[21] Cash Flow and Financial Position - Operating cash flow surged by 1,069.25% to 297.49 million yuan[4] - Cash received from sales of goods and services in Q1 2024 was RMB 1,445,958,386.70, a 42.4% increase from RMB 1,015,260,762.28 in Q1 2023[24] - Net cash flow from operating activities in Q1 2024 was RMB 297,491,433.44, a significant rise from RMB 25,442,945.66 in Q1 2023[25] - Net cash flow from investing activities in Q1 2024 was RMB 157,508,331.38, compared to RMB 87,775,598.57 in Q1 2023[25] - Net cash flow from financing activities in Q1 2024 was RMB 15,262,167.35, down from RMB 31,625,219.31 in Q1 2023[25] - Cash and cash equivalents at the end of Q1 2024 stood at RMB 1,250,183,035.94, slightly lower than RMB 1,265,150,579.63 at the end of Q1 2023[25] - The company's monetary funds increased to 3,057,662,265.56 RMB as of March 31, 2024, up from 2,506,951,127.95 RMB at the end of 2023[17] - Trade receivables rose to 224,297,604.91 RMB in Q1 2024, compared to 218,028,597.94 RMB at the end of 2023[17] - Inventory decreased slightly to 1,230,384,179.01 RMB in Q1 2024 from 1,244,553,356.80 RMB at the end of 2023[17] - Total current assets grew to 5,440,422,728.51 RMB in Q1 2024, up from 5,147,520,533.37 RMB at the end of 2023[17] - Total assets increased by 4.46% to 6.639 billion yuan compared to the end of the previous year[6] - Total assets increased to 6,639,296,912.72 from 6,356,060,784.25 compared to the previous quarter[18] - Non-current assets totaled 1,198,874,184.21, slightly down from 1,208,540,250.88 in the previous quarter[18] - Long-term equity investments remained stable at 81,702,704.41[18] - Fixed assets decreased to 256,432,963.98 from 262,768,275.68[18] - Total liabilities increased to 964,767,604.47 from 867,003,410.77[19] - Owner's equity rose to 5,674,529,308.25 from 5,489,057,373.48[19] Shareholder Information - The top shareholder, Amlogic (Hong Kong) Limited, holds 121,350,840 shares of common stock[13] - China Merchants Bank Co., Ltd. - ChinaAMC SSE STAR Market 50 ETF holds 19,332,542 shares, representing 4.62% of total shares[13] - China Merchants Bank Co., Ltd. - Invesco Great Wall Mix Fund holds 17,669,408 shares, representing 4.22% of total shares[13] - Industrial and Commercial Bank of China - E Fund SSE STAR Market 50 ETF holds 11,967,454 shares, representing 2.86% of total shares[13] - Huayu Automotive Systems (Shanghai) Co., Ltd. holds 11,350,124 shares, representing 2.71% of total shares[13] - Hong Kong Securities Clearing Company Limited holds 10,469,841 shares, representing 2.50% of total shares[14] Market and Product Expansion - The company expects further revenue growth in Q2 2024 and the full year, driven by new market expansion and product launches[7] - The T-series chip sales revenue grew by over 100% year-on-year in Q1 2024[7] Financial Expenses and Benefits - Financial expenses showed a significant improvement, with a net benefit of -36,137,365.88 compared to a cost of 5,552,350.69 in Q1 2023[21]