洁美科技(002859) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥363,262,862.18, representing a year-on-year increase of 17.87% compared to ¥308,195,598.58 in the same period last year[16] - Net profit attributable to shareholders for Q1 2024 was ¥53,310,482.93, reflecting a year-on-year growth of 69.19% from ¥31,509,756.70[16] - The gross profit margin improved due to the recovery in the electronic information industry and increased order volume, leading to a rise in operating profit by 66.27% year-on-year[11] - The company reported a total profit of ¥54,644,446.84, up from ¥33,157,443.33, indicating an increase of approximately 64.8%[30] - The company’s comprehensive income for the quarter was ¥49,360,337.34, compared to ¥31,081,398.72, representing an increase of approximately 58.8%[30] - Basic and diluted earnings per share for the current period were both ¥0.12, compared to ¥0.07 in the previous period, reflecting a 71.4% increase[45] Research and Development - Research and development expenses increased by 98.02% year-on-year, primarily due to increased investment in the development of high-end polyester films and other domestic alternative electronic-grade film materials[11] - Research and development expenses surged to ¥38,672,796.83, compared to ¥19,530,113.28, indicating an increase of about 97.9%[30] Cash Flow and Liquidity - Cash flow from operating activities increased by 53.58% year-on-year, attributed to the growth in operating revenue and timely collection of accounts receivable[13] - The company's cash and cash equivalents net increase was 173.32% year-on-year, mainly due to timely collection of payments and reduced loan repayments compared to the previous year[20] - Cash inflow from operating activities increased to $449.46 million, up 53.61% from $292.66 million in the previous period[10] - Cash outflow from operating activities rose to $366.01 million, a 89.12% increase compared to $193.53 million last year[10] - The net cash increase for the period was $180.43 million, contrasting with a decrease of $246.10 million in the previous period[32] - Cash and cash equivalents at the end of the period totaled $749.99 million, compared to $839.41 million at the end of the previous period[32] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥5,333,428,258.78, a 3.53% increase from ¥5,151,369,379.25 at the end of the previous year[16] - Total assets increased to ¥5,333,428,258.78, up from ¥5,151,369,379.25, representing a growth of approximately 3.53%[26] - Current assets rose to ¥1,710,218,569.65, compared to ¥1,573,530,876.43, marking an increase of about 8.69%[26] - Non-current assets totaled ¥3,623,209,689.13, up from ¥3,577,838,502.82, reflecting a growth of around 1.27%[26] - Total liabilities decreased to ¥775,942,950.37 from ¥892,618,494.65, showing a reduction of approximately 13.06%[26] - Total liabilities increased to ¥2,339,405,928.91 from ¥2,172,637,373.50, marking a rise of 7.7%[42] - Non-current liabilities totaled ¥1,563,462,978.54, an increase of 22.1% from ¥1,280,018,878.85[42] Shareholder Information - The controlling shareholder, Zhejiang Yuanlong Equity Investment Management Group Co., Ltd., holds 201,421,240 shares, accounting for 46.54% of the total share capital[38] - The company has a total share capital of 432,822,305 shares as of March 29, 2024[38] - The number of common shareholders at the end of the reporting period was 16,227, with the top 10 shareholders holding significant stakes[36] - The top shareholder, Zhejiang Yuanlong, holds 8.04% of its shares through margin trading accounts[38] - The total number of shares held by Wu Tie is 3,370,000, representing 0.78% of the total share capital[38] Other Financial Metrics - The company's long-term borrowings increased by 43.65% compared to the beginning of the period, reflecting an increase in medium and long-term loans[19] - The company reported a decrease in prepayments from ¥23,575,148.29 to ¥13,274,861.32, a decline of approximately 43.7%[39] - Financial expenses decreased to ¥3,250,376.07 from ¥6,877,930.79, a reduction of about 52.8%[30] - Deferred income tax liabilities rose to ¥65,602,494.90 from ¥61,805,857.57, an increase of 4.5%[42] Accounting and Reporting - The company has not disclosed any new strategies or product developments in the current report[40] - The company has not yet audited the first quarter report for 2024[47] - The company executed new accounting standards starting in 2024, impacting the financial statement items[47]