隆盛科技(300680) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 reached ¥565,815,996.15, representing a 66.78% increase compared to ¥339,259,839.68 in the same period last year[5] - Net profit attributable to shareholders was ¥52,661,551.03, up 30.18% from ¥40,453,821.33 year-on-year[5] - Basic earnings per share rose to ¥0.2279, reflecting a 30.15% increase from ¥0.1751 in the same period last year[5] - Operating income for the period was ¥56,581,600.00, driven by increased orders and revenue growth[9] - The total operating revenue for Q1 2024 was ¥565,815,996.15, an increase of 66.8% compared to ¥339,259,839.68 in Q1 2023[20] - The net profit for Q1 2024 reached ¥53,151,365.17, representing a 29.3% increase from ¥41,102,828.80 in Q1 2023[21] - The gross profit margin for Q1 2024 was approximately 18.8%, compared to 20.8% in Q1 2023, indicating a decrease in profitability[20] - The total comprehensive income for the first quarter of 2024 was CNY 53,106,757.04, compared to CNY 41,127,208.67 in the same period last year, representing an increase of approximately 29.5%[22] Cash Flow and Investments - The net cash flow from operating activities increased by 93.09% to ¥75,735,686.42, compared to ¥39,223,797.75 in the previous year[5] - Cash inflow from operating activities totaled CNY 438,653,834.22, compared to CNY 308,603,253.37 in the prior year, marking a rise of around 42.2%[24] - Cash outflow from investing activities was CNY 401,643,303.78, up from CNY 199,878,379.63, which is an increase of approximately 100.9% year-over-year[25] - The net cash flow from financing activities was CNY 105,983,700.50, compared to CNY 85,044,909.85 in the previous year, reflecting an increase of about 24.6%[25] - The company reported a significant increase in cash received from other investment activities, totaling CNY 117,841,960.00, compared to CNY 52,800,000.00 in the previous year, which is an increase of about 123.5%[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,653,432,091.81, a 4.06% increase from ¥3,510,807,083.59 at the end of the previous year[5] - Current liabilities totaled ¥1,531,774,380.50 in Q1 2024, an increase from ¥1,477,737,347.24 in Q1 2023, indicating a rise of 3.7%[18] - The company's long-term borrowings increased to ¥269,900,000.00 in Q1 2024 from ¥234,200,000.00 in Q1 2023, reflecting a growth of 15.3%[18] - Accounts receivable increased to ¥719,388,820.96 from ¥695,495,933.88, indicating a growth of approximately 3.3%[16] - The total amount of trading financial assets rose to ¥358,474,190.59, compared to ¥353,425,697.62 at the start of the quarter, reflecting a growth of about 1.4%[16] Shareholder Information - The total number of shares held by the largest shareholder, Ni Maosheng, is 49,117,012, representing 21.26% of the total shares[12] - The number of restricted shares held by Ni Maosheng remains unchanged at 36,837,759, as they are subject to executive lock-up regulations[14] - The company has a total of 57,806,561 restricted shares at the end of the reporting period, with a slight decrease of 225,000 shares during the quarter[14] - Ni Ming, another major shareholder, holds 18,665,172 shares, which is 8.08% of the total shares, with 13,998,879 shares under lock-up[12] - The company plans to lift the lock-up on certain shares on May 7, 2024, as part of its stock issuance to specific investors[14] Other Financial Metrics - The company's financial expenses increased by 52.71% to ¥6,581,800.00 due to higher borrowing costs[9] - Research and development expenses for Q1 2024 were ¥19,080,186.81, up from ¥15,116,668.93 in Q1 2023, which is a 26.5% increase[21] - The company's equity attributable to shareholders reached ¥1,785,320,383.27 in Q1 2024, compared to ¥1,732,685,597.13 in Q1 2023, showing a growth of 3.0%[18] - The company reported a decrease in other comprehensive income, with a net amount of -¥44,608.13 in Q1 2024 compared to ¥24,379.87 in Q1 2023[21] - The company's cash and cash equivalents at the end of Q1 2024 amounted to ¥371,928,452.88, a decrease from ¥380,672,311.02 at the beginning of the period[16] Audit and Reporting - The company has not reported any changes in the top 10 shareholders or their participation in margin financing activities during the reporting period[12] - The company did not report any net profit from the merged entity prior to the merger, consistent with the previous period[22] - The company has not undergone an audit for the first quarter report[27]