Financial Performance - The company's revenue for Q1 2024 reached ¥750,520,402.13, representing a 149.08% increase compared to ¥301,315,092.89 in the same period last year[7]. - Net profit attributable to shareholders was ¥63,601,151.84, up 21.49% from ¥52,352,410.03 year-on-year[7]. - The net profit after deducting non-recurring gains and losses was ¥57,045,108.95, reflecting a 22.66% increase from ¥46,507,218.45 in the previous year[7]. - Total operating revenue for Q1 2024 reached ¥750,520,402.13, a significant increase of 148.5% compared to ¥301,315,092.89 in the same period last year[26]. - Net profit for Q1 2024 was ¥63,366,359.58, representing a 22.9% increase from ¥51,517,402.91 in Q1 2023[29]. - Total comprehensive income for the period attributable to the parent company was CNY 63,606,903.78, compared to CNY 52,020,744.18 in the previous period, representing an increase of approximately 22.5%[31]. Assets and Liabilities - The company's total assets increased by 11.65% to ¥6,675,688,889.33 from ¥5,979,125,998.43 at the end of the previous year[7]. - Total liabilities increased to ¥1,885,565,172.52 in Q1 2024, compared to ¥1,290,582,120.55 in the same period last year, marking a rise of 46.1%[25]. - The total owner's equity as of Q1 2024 was ¥4,790,123,716.81, an increase from ¥4,688,543,877.88, showing a growth of 2.2%[25]. Cash Flow - The net cash flow from operating activities was negative at -¥39,208,365.84, a significant decline of 845.92% from ¥5,256,385.67 in the same period last year[7]. - Cash inflow from operating activities totaled CNY 404,226,740.36, down from CNY 547,449,814.76 in the previous period, indicating a decrease of about 26.1%[32]. - Cash outflow from operating activities was CNY 443,435,106.20, compared to CNY 542,193,429.09 in the previous period, resulting in a net cash flow from operating activities of CNY -39,208,365.84[32]. - Cash inflow from financing activities amounted to CNY 424,343,887.45, while cash outflow was CNY 11,785,861.73, leading to a net cash flow from financing activities of CNY 412,558,025.72[36]. Operating Costs - The company reported a 187.89% increase in operating costs, totaling ¥551,519,966.44, driven by higher sales volume and changes in product mix[12]. - Total operating costs for Q1 2024 were ¥697,389,492.63, up 171.5% from ¥266,732,892.56 year-over-year[26]. Shareholder Information - The company has a total of 23,874 common shareholders at the end of the reporting period[18]. - The largest shareholder, Dazhu Laser Technology Industry Group Co., Ltd., holds 84.73% of the shares[18]. Market and Growth Factors - The growth in performance was primarily driven by a partial recovery in the consumer electronics market, upgrades in new energy vehicle electronics technology, and strong demand for AI servers, leading to increased demand for PCB products[18]. - The increase in net profit was lower than the revenue growth due to share-based payment expenses of CNY 38.21 million related to the restricted stock incentive plan implemented in 2023[18]. - The company is focusing on expanding its market presence and enhancing its product offerings in response to growing demand in key sectors[18]. Research and Development - Research and development expenses for Q1 2024 amounted to ¥48,005,902.26, an increase of 26.5% compared to ¥37,928,059.55 in the previous year[29].
大族数控(301200) - 2024 Q1 - 季度财报