Financial Performance - Revenue for the first quarter of 2024 reached 4.45 billion yuan, a year-on-year increase of 200.54%[3] - Net profit attributable to shareholders of the listed company was 384.10 million yuan, a year-on-year increase of 236.93%[3] - Revenue for the first quarter of 2024 reached 4,452,881,764.98 RMB, a significant increase from 1,481,610,393.41 RMB in the same period last year[19] - Net profit for the first quarter of 2024 was 382,952,410.49 RMB, compared to a net loss of -280,514,422.73 RMB in the same period last year[20] - Total operating costs for the first quarter of 2024 were 3,972,279,373.59 RMB, up from 1,708,091,723.88 RMB in the same period last year[19] - Basic earnings per share for the first quarter of 2024 were 0.93 RMB, compared to -0.68 RMB in the same period last year[21] - Total comprehensive income for the first quarter of 2024 was 376,422,995.10 RMB, compared to a comprehensive loss of -320,643,189.11 RMB in the same period last year[21] Cash Flow - Net cash flow from operating activities was -774.67 million yuan, a year-on-year decrease of 69.94%[6] - Cash flow from operating activities for the first quarter of 2024 was 4,291,078,368.41 RMB, compared to 1,479,479,310.12 RMB in the same period last year[22] - Operating cash inflow increased to 4.45 billion yuan from 1.52 billion yuan, a significant rise[23] - Operating cash outflow rose to 5.22 billion yuan from 1.98 billion yuan, reflecting higher expenses[23] - Net cash flow from operating activities was negative 774.67 million yuan, compared to negative 455.84 million yuan in the previous period[23] - Cash paid for goods and services increased to 4.76 billion yuan from 1.56 billion yuan[23] - Cash paid to employees rose to 302.19 million yuan from 149.40 million yuan[23] - Net cash flow from investing activities was negative 226.64 million yuan, compared to negative 38.36 million yuan in the previous period[23] - Net cash flow from financing activities surged by 1484.19% to 1.02 billion yuan, mainly due to increased bank borrowings[6] - Cash received from borrowings increased to 1.996 billion yuan from 650.35 million yuan[23] - Net cash flow from financing activities was 1.016 billion yuan, up from 64.15 million yuan[24] - The net increase in cash and cash equivalents was negative 300.28 million yuan, compared to negative 462.54 million yuan in the previous period[24] - The ending balance of cash and cash equivalents was 900.25 million yuan, down from 1.445 billion yuan[24] Assets and Liabilities - Total assets increased by 17.70% to 16.10 billion yuan compared to the end of the previous year[3] - The company's total assets increased to 16.10 billion yuan, up from 13.68 billion yuan at the beginning of the period[16] - Inventory increased by 28.41% to 7.57 billion yuan due to strategic stockpiling[6] - Inventory rose significantly to 7.57 billion yuan from 5.89 billion yuan, indicating a 28.4% increase[16] - Accounts receivable increased by 29.21% to 1.74 billion yuan due to sales growth[6] - Accounts receivable increased to 1.74 billion yuan from 1.35 billion yuan, a 29.2% rise[15] - Short-term borrowings increased by 24.18% to 3.62 billion yuan due to new short-term financing[6] - Short-term borrowings grew to 3.62 billion yuan from 2.92 billion yuan, reflecting a 24.2% increase[17] - Total current liabilities increased to 6.85 billion yuan from 4.93 billion yuan, a 38.9% rise[17] - Long-term loans increased to 2.15 billion yuan from 2.09 billion yuan[17] - Prepayments surged to 880.46 million yuan from 331.59 million yuan, a 165.5% increase[15] R&D and Expenses - R&D expenses increased by 136.37% to 222.05 million yuan, driven by employee stock incentives and salary increases[6] - R&D expenses for the first quarter of 2024 were 222,053,049.68 RMB, an increase from 93,941,752.28 RMB in the same period last year[19] - Sales expenses for the first quarter of 2024 were 144,714,488.81 RMB, up from 74,153,432.39 RMB in the same period last year[19] - Management expenses for the first quarter of 2024 were 156,697,228.06 RMB, compared to 56,510,241.73 RMB in the same period last year[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 26,090[8] - Cai Huabo holds 39.26% of the shares, totaling 162,071,900 shares[8] - National Integrated Circuit Industry Investment Fund holds 6.23% of the shares, totaling 25,714,284 shares[8] - Li Zhixiong holds 5.60% of the shares, totaling 23,100,000 shares[8] - Shenzhen Longxi No. 1 Investment Enterprise holds 4.61% of the shares, totaling 19,020,000 shares[8] - Shenzhen Longxi No. 2 Investment Enterprise holds 4.61% of the shares, totaling 19,020,000 shares[8] - Shenzhen Longxi No. 3 Investment Enterprise holds 4.61% of the shares, totaling 19,020,000 shares[8] - Cai Lijiang holds 4.32% of the shares, totaling 17,820,000 shares[8] - Yuanhe Puhua (Suzhou) Investment Management Co., Ltd. holds 3.56% of the shares, totaling 14,700,000 shares[8] - Ningbo Free Trade Zone Jiaxin Qiyue Equity Investment Management Co., Ltd. holds 2.70% of the shares, totaling 11,131,149 shares[8] Strategic Initiatives and Acquisitions - The company completed the acquisition of 81% equity in SMART Brazil and SMART Modular, now renamed Zilia Technologies[14] - The company is implementing a "Quality and Return Dual Improvement" action plan to enhance investor value[14] - Restricted shares totaling 300 million remain unchanged, with most set to be released on August 5, 2025[13] Non-Recurring Items - Non-recurring gains and losses amounted to 20.97 million yuan, including government subsidies and asset disposal gains[4]
江波龙(301308) - 2024 Q1 - 季度财报