颀中科技(688352) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for the reporting period was ¥443,405,252.67, representing a year-on-year increase of 43.74%[4] - The net profit attributable to shareholders of the listed company reached ¥76,687,049.55, marking a significant increase of 150.51% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥73,122,648.11, reflecting a year-on-year growth of 169.05%[4] - The net cash flow from operating activities was ¥139,325,879.74, which is an increase of 221.27% year-on-year, driven by improved sales cash inflow[4] - Basic earnings per share increased to ¥0.06, a 100% rise compared to the previous year[4] - The company's net profit for Q1 2024 reached RMB 76.69 million, representing a significant increase of 150.5% compared to RMB 30.61 million in Q1 2023[27] - Operating profit for Q1 2024 was RMB 88.74 million, up from RMB 33.40 million in the same period last year, indicating a growth of 165.5%[27] - The total comprehensive income for Q1 2024 was RMB 76.73 million, compared to RMB 30.39 million in Q1 2023, reflecting an increase of 152.5%[28] - Basic earnings per share for Q1 2024 were RMB 0.06, doubling from RMB 0.03 in Q1 2023[28] - Net profit attributable to shareholders for Q1 2024 was ¥139,325,879.74, compared to ¥43,366,868.76 in Q1 2023, reflecting a substantial growth[52] Research and Development - The total R&D investment amounted to ¥30,812,790.94, up by 34.73% year-on-year, indicating ongoing commitment to technology and process development[5] - Research and development expenses for Q1 2024 amounted to ¥30,812,790.94, up from ¥22,870,319.83 in Q1 2023, indicating increased investment in innovation[47] Assets and Liabilities - The total assets at the end of the reporting period were ¥7,116,133,403.64, a slight decrease of 0.52% from the end of the previous year[5] - The total current assets decreased to approximately RMB 2.64 billion from RMB 2.99 billion, a decline of about 11.5%[23] - The company's fixed assets increased to approximately RMB 2.80 billion as of March 31, 2024, compared to RMB 2.52 billion at the end of 2023[23] - The total liabilities decreased to $1,209,281,440.27 in Q1 2024 from $1,323,206,840.69 in Q4 2023, a reduction of about 8.6%[59] - The non-current liabilities totaled $324,772,804.98 in Q1 2024, down from $348,851,253.47 in Q4 2023, indicating a decrease of approximately 6.9%[59] - The total current liabilities were $884,508,635.29 in Q1 2024, compared to $974,355,587.22 in Q4 2023, showing a decline of about 9.2%[59] Cash Flow - Cash flow from operating activities for Q1 2024 was ¥567,931,452.87, an increase from ¥357,998,140.54 in Q1 2023[52] - The company reported a net cash outflow from investing activities of ¥234,741,602.59 in Q1 2024, compared to an outflow of ¥120,019,418.71 in Q1 2023[52] - The net cash flow from financing activities showed a net outflow of ¥203,482,983.85 in Q1 2024, compared to an outflow of ¥113,844,906.38 in Q1 2023[52] - The net increase in cash and cash equivalents for Q1 2024 was -$316,020,828.79, compared to -$198,595,080.98 in Q1 2023, indicating a worsening cash flow situation[53] - The ending balance of cash and cash equivalents as of March 31, 2024, was $1,826,573,159.78, significantly higher than $565,534,606.31 at the end of Q1 2023[53] Equity - The equity attributable to shareholders of the listed company was ¥5,906,851,963.37, showing a year-on-year increase of 1.32%[5] - The total equity attributable to shareholders increased to ¥5,906,851,963.37 from ¥5,830,126,768.94, reflecting a growth of 1.3%[45] - The company's total equity remained stable at $1,189,037,288.00, unchanged from the previous quarter[59] - The capital reserve was reported at $3,495,738,875.58, consistent with the previous quarter's figures[59] Other Financial Metrics - The diluted earnings per share also stood at ¥0.06, reflecting a 100% increase year-on-year[5] - The weighted average return on net assets was 1.31%, an increase of 0.37 percentage points compared to the previous year[5] - The company reported a credit impairment loss of RMB 898.78 million in Q1 2024, compared to RMB 254.14 million in Q1 2023, indicating a significant increase in credit losses[27] - Other non-current assets rose to RMB 176.23 million from RMB 15.96 million, showing a substantial increase[23] - Other comprehensive income increased to $2,355,102.77 in Q1 2024 from $2,316,957.89 in Q4 2023, reflecting a growth of approximately 1.6%[59]