Financial Performance - The company's revenue for Q1 2024 was ¥520,106,556, an increase of 12.33% compared to ¥463,002,060.39 in the same period last year[5] - Net profit attributable to shareholders was ¥55,145,925.84, representing a significant increase of 214.55% from ¥17,531,681.88 in the previous year[5] - Basic earnings per share rose to ¥0.28, up 180.00% from ¥0.10 in the previous year[5] - Net profit for Q1 2024 was CNY 55,601,285, representing a significant increase of 212.5% from CNY 17,806,751 in Q1 2023[19] - Operating profit for the quarter was CNY 64,372,835, up from CNY 18,735,648 in the previous year, indicating a strong operational performance[19] Cash Flow - The net cash flow from operating activities was ¥28,526,967.48, a turnaround from a negative cash flow of -¥25,584,926.00 in the same period last year, marking a 211.50% improvement[5] - Total cash inflow from operating activities reached ¥379,778,295.37, up from ¥236,021,745.52 in Q1 2023, reflecting a growth of approximately 60.7%[20] - Cash outflow for purchasing goods and services increased to ¥299,532,907.75 from ¥218,856,839.48, indicating a rise of about 36.8% year-over-year[20] - The net cash flow from investment activities was -¥24,658,387.84, an improvement from -¥69,910,430.97 in Q1 2023, showing a reduction in losses[21] - Cash and cash equivalents at the end of Q1 2024 stood at ¥681,958,986.71, compared to ¥259,639,599.91 at the end of Q1 2023, marking an increase of approximately 162.5%[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,406,084,084.28, an increase of 2.23% from ¥2,353,627,314.38 at the end of the previous year[5] - Total liabilities increased to CNY 620,567,359, compared to CNY 597,395,469 in the previous year, indicating a rise in financial obligations[16] - The company's total equity reached CNY 1,785,516,724, an increase from CNY 1,756,231,844 in the previous year, showing growth in shareholder value[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 17,340[11] - The largest shareholder, Shandong LianKe Industrial Group Co., Ltd., holds 48.36% of the shares, totaling 97,861,531 shares[11] - The top ten shareholders collectively hold a significant portion of the company's equity, with the top three shareholders accounting for over 54%[11] Investment and R&D - The company plans to continue expanding its high-pressure cable shielding material project, which has seen increased investment in the current period[9] - Research and development expenses increased to CNY 17,449,264, compared to CNY 15,805,095 in the same period last year, reflecting the company's commitment to innovation[17] Financial Management - The company reported a financial income of CNY 5,243,702, compared to CNY 2,858,845 in the previous year, highlighting improved financial management[17] - Deferred income tax assets increased to CNY 7,153,941 from CNY 6,990,665, reflecting a positive change in tax position[15] Other Financial Metrics - The company reported a significant increase in the disposal gain of fixed assets, amounting to ¥224,278.06, up 519.46% from ¥36,205.70 in the previous year[9] - The company’s investment income showed a drastic decline of 1293.60%, resulting in a loss of ¥2,084,800.19 compared to a loss of ¥149,598.67 in the previous year[9] - Cash and cash equivalents decreased by ¥23,070,289.22, a reduction of 82.62% compared to a decrease of ¥132,720,113.58 in the previous year[10] - The company has a total of 2,444,600 shares held in its repurchase account, representing 1.21% of the total share capital[12] - The company has no preferred shareholders or related party transactions disclosed in the report[12] - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending[12] Audit Status - The company has not yet audited the Q1 2024 report, which may affect the reliability of the financial data presented[22]
联科科技(001207) - 2024 Q1 - 季度财报