龙迅股份(688486) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 reached ¥104,301,247.18, representing a year-on-year increase of 101.95%[4] - Net profit attributable to shareholders was ¥31,009,984.93, marking a significant increase of 324.85% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥23,200,687.85, up by 379.55% year-on-year[4] - The basic earnings per share (EPS) was ¥0.45, reflecting an increase of 246.15% compared to the previous year[4] - Operating profit for Q1 2024 was ¥32,267,988.26, up from ¥8,004,085.52 in Q1 2023, reflecting a growth of 303.4%[26] - Net profit for Q1 2024 was ¥31,009,984.93, compared to ¥7,299,075.90 in Q1 2023, representing an increase of 325.5%[26] - The total comprehensive income for Q1 2024 was CNY 31,009,984.93, compared to CNY 7,299,075.90 in Q1 2023, representing a significant increase[27] - Basic and diluted earnings per share for Q1 2024 were CNY 0.45, up from CNY 0.13 in Q1 2023, indicating a growth of 246.15%[27] Research and Development - The company's total R&D investment amounted to ¥22,388,803.05, which is an increase of 60.85% year-on-year[4] - Research and development expenses for Q1 2024 were ¥22,388,803.05, up from ¥13,919,424.78 in Q1 2023, indicating a growth of 60.5%[26] - The proportion of R&D investment to operating revenue decreased to 21.47%, down by 5.48 percentage points from the previous year[5] Cash Flow and Assets - The net cash flow from operating activities was negative at -¥35,524,658.04, a decline of 628.80% year-on-year, primarily due to increased raw material purchases[10] - Cash inflows from operating activities totaled CNY 102,172,876.05 in Q1 2024, compared to CNY 56,163,982.52 in Q1 2023, reflecting an increase of 81.91%[30] - The net cash flow from operating activities was negative CNY 35,524,658.04 in Q1 2024, a decline from a positive CNY 6,718,029.62 in Q1 2023[30] - Cash inflows from investment activities were CNY 802,755,487.96 in Q1 2024, significantly higher than CNY 100,722,714.77 in Q1 2023, marking an increase of 694.67%[30] - The net cash flow from investment activities was CNY 65,423,433.27 in Q1 2024, a turnaround from a negative CNY 594,428,132.11 in Q1 2023[30] - Cash and cash equivalents stood at ¥112,449,746.20 as of March 31, 2024, compared to ¥112,332,812.34 at the end of 2023[20] - Cash and cash equivalents at the end of Q1 2024 stood at CNY 112,449,746.20, compared to CNY 505,002,041.04 at the end of Q1 2023, indicating a decrease of 77.73%[31] Shareholder Information - FENG CHEN holds 25,947,884 shares, representing 37.46% of the total shares[13] - The company approved the grant of 123,670 restricted shares to 132 incentive targets at a price of RMB 70.00 per share[16] - As of March 31, 2024, the company repurchased a total of 356,697 shares, accounting for 0.5150% of the total share capital[18] - The total amount paid for the repurchased shares was RMB 30,034,799.41, with a maximum price of RMB 86.48 per share and a minimum price of RMB 81.66 per share[18] - The company plans to use the repurchased shares for employee stock ownership and equity incentive plans[17] - The 2024 restricted stock incentive plan was approved on January 12, 2024, and the first grant date was set for January 29, 2024[15] - The company has not disclosed any changes in the participation of major shareholders in margin trading or stock lending[14] - The company has a total of 69,264,862 shares outstanding[18] - The largest shareholder, FENG CHEN, has an irrevocable voting rights delegation agreement with QIU CHENGYING[14] - The company’s board meetings regarding the incentive plan and share repurchase were held on January 29 and February 6, 2024, respectively[16] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,494,237,674.76, a slight increase of 0.52% from the end of the previous year[5] - Total assets as of March 31, 2024, amounted to ¥1,494,237,674.76, slightly up from ¥1,486,536,902.57 at the end of 2023[22] - Total liabilities increased to ¥61,329,956.19 in Q1 2024 from ¥57,070,543.66 in Q4 2023, marking an increase of 4.0%[22] - Current assets totaled ¥1,369,756,697.86 as of March 31, 2024, a slight decrease from ¥1,373,368,514.70 at the end of 2023[21] - The company's total equity as of March 31, 2024, was ¥1,432,907,718.57, slightly up from ¥1,429,466,358.91 at the end of 2023[23]