Financial Performance - Net profit attributable to shareholders rose by 0.73% to CNY 14,309,271.84 year-on-year[10] - Operating income for the first quarter reached CNY 99,150,589.84, reflecting a growth of 9.65% compared to the same period last year[10] - Total revenue for Q1 2024 reached ¥99,150,589.84, an increase of 9.1% compared to ¥90,421,992.36 in Q1 2023[31] - The company reported a net profit margin of approximately 5.5% for Q1 2024, compared to 5.1% in Q1 2023[31] - The net profit for the first quarter of 2024 was CNY 14,309,271.84, an increase from CNY 14,205,705.71 in the same period of 2023, reflecting a growth of approximately 0.73%[32] - Total comprehensive income for the first quarter of 2024 was CNY 15,748,608.39, compared to CNY 15,891,471.58 in the first quarter of 2023, indicating a decrease of about 0.89%[33] Assets and Liabilities - Total assets increased by 28.14% to CNY 702,013,026.44 compared to the end of last year[10] - Current assets totaled ¥411,746,898.65 as of March 31, 2024, a significant increase from ¥279,025,863.74 at the end of 2023[28] - Non-current assets increased to ¥290,266,127.79 from ¥268,840,392.43 at the end of 2023[29] - Total liabilities amounted to ¥185,375,811.47, compared to ¥173,842,258.75 at the end of 2023[30] - Shareholders' equity increased to ¥516,637,214.97 from ¥374,023,997.42 at the end of 2023[30] Cash Flow - Cash flow from operating activities showed a net outflow of CNY -10,608,611.31, a decrease of 152.91% year-on-year[12] - Cash flow from operating activities showed a net outflow of CNY -10,608,611.31 in Q1 2024, a significant decline from a net inflow of CNY 20,051,539.53 in Q1 2023[34] - Cash and cash equivalents increased by 141.56% to CNY 168,745,342.68, primarily due to unutilized funds from a public stock issuance[11] - Cash and cash equivalents at the end of Q1 2024 totaled CNY 159,526,520.53, up from CNY 87,355,520.19 at the end of Q1 2023, representing an increase of approximately 82.6%[34] - The total amount of cash inflow from investment activities in Q1 2024 was CNY 25,045,758.91, compared to CNY 2,505,178.08 in Q1 2023, indicating a substantial increase[34] - The cash outflow from investment activities in Q1 2024 was CNY 51,170,448.08, up from CNY 24,256,676.51 in Q1 2023, representing an increase of about 111.5%[34] Shareholder Information - The largest shareholder, Wang Xiren, holds 33,600,000 shares, representing 37.73% of the total shares[18] - The total number of shares held by the top ten shareholders is 67,674,764, accounting for 75.98% of the total shares[19] - There are no significant changes in the shareholding structure among the top shareholders[20] - The company’s total share capital increased by 33.33% to CNY 89,065,300.00 following a public stock issuance[12] Expenses and Costs - Management expenses rose by 48.17% to CNY 7,789,181.06, mainly due to increased business hospitality and amortization of land use rights[12] - Total operating costs for Q1 2024 were ¥82,892,776.11, up 11.6% from ¥74,307,399.30 in Q1 2023[31] - R&D expenses for Q1 2024 were ¥4,188,401.55, an increase from ¥3,815,964.30 in Q1 2023[31] - Gross profit margin for Q1 2024 was approximately 16.5%, compared to 17.8% in Q1 2023[31] Legal and Compliance - The company is involved in two litigation cases, with the total amount involved accounting for 0.39% of the net assets at the end of the reporting period[23] - The company has no major litigation or arbitration issues affecting its operations[23] - All disclosed commitments have been fulfilled without any violations during the reporting period[23] - The company has no external guarantees or loans provided during the reporting period[22] - The company’s production and operations are normal, and the restricted assets have not significantly impacted its cash flow[24] Debt and Pledges - The company’s debt-to-asset ratio remained stable at 26.41%, down from 31.73% at the end of the previous year[10] - The company has pledged assets worth 112,570,276.22 yuan (16.04% of total assets) and 49,359,991.72 yuan (7.03% of total assets) as collateral for bank loans[24] - The total amount of frozen bank deposits is 900,000 yuan, which is 0.13% of total assets[24]
铁拓机械(873706) - 2024 Q1 - 季度财报