科林电气(603050) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 reached ¥752,199,793.92, representing a year-on-year increase of 42.86%[5] - The net profit attributable to shareholders was ¥67,171,538.25, reflecting a growth of 65.05% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 91.03%, amounting to ¥56,547,136.33[5] - Basic earnings per share for the period was ¥0.30, an increase of 20.00%[6] - Total operating revenue for Q1 2024 reached ¥752.20 million, a 42.8% increase from ¥526.54 million in Q1 2023[21] - Net profit for Q1 2024 was ¥67.89 million, up 59.5% from ¥42.60 million in Q1 2023[22] - The company reported a total profit of ¥79.75 million for Q1 2024, compared to ¥50.52 million in Q1 2023, representing a 57.7% increase[22] Cash Flow and Liquidity - The net cash flow from operating activities was -¥13,387,640.98, a decline of 81.37% year-on-year[5] - Cash flow from operating activities showed a net outflow of ¥13.39 million, an improvement from a net outflow of ¥71.87 million in Q1 2023[25] - The company's cash and cash equivalents increased to RMB 959,202,508.23 from RMB 876,946,959.40, representing a rise of about 9.3%[16] - The financing activities generated a net cash inflow of ¥86.84 million in Q1 2024, a significant decrease from ¥327.63 million in Q1 2023[25] - The company reported a net increase in cash and cash equivalents of $34.34 million in Q1 2024, contrasting with a decrease of $32.23 million in Q1 2023[33] - The ending balance of cash and cash equivalents reached $302.79 million in Q1 2024, up from $259.60 million in Q1 2023, an increase of 16.6%[33] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,363,365,770.79, up 1.54% from the end of the previous year[6] - As of March 31, 2024, the total assets of the company amounted to RMB 5,363,365,770.79, an increase from RMB 5,281,963,325.66 as of December 31, 2023, reflecting a growth of approximately 1.55%[16] - Accounts receivable decreased to RMB 1,965,530,444.87 from RMB 2,048,273,342.31, indicating a decline of approximately 4.03%[16] - Total current liabilities decreased to RMB 2,378,149,347.47 from RMB 2,455,682,650.45, a reduction of about 3.15%[18] - The company's total liabilities increased to CNY 2,180,665,006.86 as of March 31, 2024, compared to CNY 1,874,518,331.77 at the end of 2023, representing an increase of 16.3%[29] Shareholder Information - The controlling shareholder, Zhang Chengsuo, along with three other individuals, holds a combined shareholding of 17.31%[15] - As of April 2, 2024, Qingdao Hisense Network Energy Co., Ltd. holds a voting power of 23.52%, surpassing the controlling shareholder's voting rights[15] Strategic Focus and Development - The increase in operating revenue was primarily driven by sales growth across all main products[10] - The company actively improved cash collection from accounts receivable, leading to a significant increase in cash received from sales and services[10] - The company has announced a strategic focus on expanding its market presence and enhancing product development in the upcoming quarters[15] - Research and development expenses increased to ¥30.27 million in Q1 2024, up from ¥24.47 million in Q1 2023, marking a 23.6% rise[21] - Research and development expenses for Q1 2024 were CNY 12,313,727.24, slightly up from CNY 11,886,481.80 in Q1 2023, indicating a focus on innovation[30]