Haisco(SZ:002653)2024-04-19 10:11Revenue and Profit - Revenue for Q1 2024 reached ¥752,133,790.48, representing a 20.60% increase compared to ¥623,643,966.44 in the same period last year[4] - Net profit attributable to shareholders was ¥91,955,910.47, a significant increase of 219.86% from ¥28,749,239.94 year-on-year[4] - Basic earnings per share rose to ¥0.08, up 166.67% from ¥0.03 in the previous year[4] - Total operating revenue for Q1 2024 reached CNY 752,133,790.48, an increase of 20.6% compared to CNY 623,643,966.44 in Q1 2023[15] - The net profit for Q1 2024 was CNY 90,718,987.55, compared to CNY 28,397,754.71 in Q1 2023, representing an increase of approximately 219%[16] - The total profit before tax was CNY 96,186,178.32, significantly higher than CNY 25,587,761.70 in the same quarter last year[16] Assets and Liabilities - Total assets as of March 31, 2024, amounted to ¥6,842,783,329.08, reflecting a 2.85% increase from the end of the previous year[4] - The company's total assets increased to CNY 6,842,783,329.08 in Q1 2024, compared to CNY 6,652,886,075.81 in Q1 2023, marking a growth of 2.9%[14] - Total liabilities rose to CNY 2,559,066,124.55 in Q1 2024, up from CNY 2,482,346,797.57 in Q1 2023, indicating an increase of 3.1%[14] - Short-term borrowings increased by 328.04% to ¥427,952,255.34, primarily due to new short-term loans taken during the quarter[7] - Short-term borrowings surged to CNY 427,952,255.34 in Q1 2024, a significant increase from CNY 99,979,967.98 in Q1 2023[14] Cash Flow - The company reported a net cash flow from operating activities of ¥59,000,571.51, a decrease of 4.94% compared to ¥62,064,077.64 in the same period last year[4] - The cash flow from operating activities netted CNY 59,000,571.51, a decrease from CNY 62,064,077.64 in Q1 2023[18] - The net cash flow from financing activities was CNY 216,705,611.13, down from CNY 487,552,826.46 in Q1 2023[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,325[8] - The company reported no changes in the status of major shareholders or their shareholding due to securities lending activities[10] - The company has not reported any changes in preferred shareholders or their holdings[11] Other Financial Metrics - The company’s weighted average return on equity improved to 2.17%, up from 0.80% in the previous year[4] - Other income surged to ¥76,742,653.94, marking a 1994.82% increase due to government subsidies received during the period[7] - Research and development expenses decreased to CNY 83,511,881.18 in Q1 2024 from CNY 91,510,160.29 in Q1 2023, a reduction of 8.7%[15] - The company reported a net investment loss of CNY 39,819,620.29 in Q1 2024, compared to a loss of CNY 9,512,591.88 in Q1 2023[15] - The company reported a foreign currency translation difference of CNY 100,999.99, compared to a loss of CNY 4,397,498.18 in Q1 2023[17] Current Assets and Inventory - The total current assets increased to ¥2,837,652,007.80 from ¥2,640,768,702.51, representing a growth of approximately 7.45%[12] - Cash and cash equivalents rose to ¥1,449,171,446.02 from ¥1,168,711,407.26, marking an increase of about 23.93%[12] - Inventory decreased slightly from ¥281,290,270.03 to ¥278,727,985.80, a decline of approximately 1.82%[12] - Accounts receivable remained stable, with a minor decrease from ¥799,236,595.69 to ¥797,927,120.46, reflecting a change of about 0.16%[12] - The total amount of other receivables decreased from ¥46,790,327.40 to ¥43,874,640.63, a reduction of approximately 6.25%[12] Company Activities - The company has not disclosed any new product developments or technological advancements in this quarter[11] - There were no significant mergers or acquisitions reported during this period[11] - The company did not provide specific future guidance or performance outlook in the current report[11]