呈和科技(688625) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥191,508,760.41, representing a year-on-year increase of 12.40%[5] - The net profit attributable to shareholders was ¥61,700,617.25, reflecting a growth of 20.37% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥60,802,861.81, which is an increase of 21.99% year-on-year[5] - Operating profit for Q1 2024 was RMB 71,656,574.66, up 19.66% from RMB 59,780,172.72 in Q1 2023[18] - Net profit for Q1 2024 was RMB 61,700,617.25, representing a 20.38% increase from RMB 51,261,195.11 in Q1 2023[18] - Basic and diluted earnings per share for Q1 2024 were both RMB 0.46, compared to RMB 0.38 in Q1 2023[19] - Total operating revenue for Q1 2024 reached RMB 191,508,760.41, an increase of 12.36% compared to RMB 170,388,735.02 in Q1 2023[17] Cash Flow - The net cash flow from operating activities reached ¥42,211,087.32, showing a significant increase of 47.11%[5] - Cash inflow from operating activities in Q1 2024 was RMB 520,890,398.57, significantly higher than RMB 337,706,269.96 in Q1 2023[20] - The net cash flow from operating activities for Q1 2024 was $42,211,087.32, an increase of 47.1% compared to $28,693,256.02 in Q1 2023[21] - Cash inflow from investment activities totaled $366,485,468.59, up from $280,149,480.66, marking a 30.8% increase year-over-year[21] - The net cash flow from investment activities was $205,600,942.57, a significant recovery from a negative cash flow of -$138,079,655.68 in the previous year[21] - Cash inflow from financing activities was $100,000,000.00, down 60% from $250,000,000.00 in Q1 2023[21] - The net cash flow from financing activities was -$529,135,551.52, compared to a positive cash flow of $246,848,638.92 in the same quarter last year[21] - The company experienced a net cash decrease of $281,255,515.32 during the quarter, contrasting with an increase of $137,078,571.60 in Q1 2023[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,919,608,033.26, a decrease of 11.81% from the end of the previous year[6] - The company's current assets decreased to RMB 1,131,033,264.90 from RMB 1,548,565,761.28, representing a reduction of about 27.0%[14] - Cash and cash equivalents dropped significantly from RMB 637,939,015.55 to RMB 356,683,500.23, a decline of approximately 44.1%[14] - Short-term borrowings decreased from RMB 1,508,828,500.00 to RMB 1,077,153,500.00, a reduction of about 28.7%[15] - Total liabilities decreased from RMB 2,033,563,405.53 to RMB 1,655,386,291.57, reflecting a decline of approximately 18.6%[16] - The company's equity attributable to shareholders decreased from RMB 1,276,988,595.07 to RMB 1,264,221,741.69, a slight decline of about 1.0%[16] Research and Development - The total R&D investment amounted to ¥7,785,303.44, accounting for 4.07% of operating revenue, which is an increase of 0.05 percentage points[6] - Research and development expenses for Q1 2024 were RMB 7,785,303.44, an increase from RMB 6,849,918.75 in Q1 2023[17] Other Financial Metrics - The weighted average return on equity was 4.86%, an increase of 0.13 percentage points[5] - The company reported non-recurring gains of ¥897,755.44 after tax[8] - The number of ordinary shareholders at the end of the reporting period was 2,758[10] - Accounts receivable increased to RMB 204,712,687.85 from RMB 151,323,207.21, marking an increase of approximately 35.3%[14] - The company reported an increase in other receivables to RMB 5,861,019.47 from RMB 5,512,751.71, an increase of about 6.3%[14] - The company’s inventory remained relatively stable, with a slight decrease from RMB 70,866,120.70 to RMB 70,623,576.17, a change of approximately 0.3%[14] - The company’s non-current assets totaled RMB 1,788,574,768.36, a slight increase from RMB 1,761,986,239.32, reflecting an increase of about 1.5%[15] Tax and Other Expenses - Income tax expense for Q1 2024 was RMB 10,724,914.03, an increase from RMB 8,521,726.61 in Q1 2023[18] - Total operating costs for Q1 2024 were RMB 120,948,055.69, up from RMB 112,294,244.60 in Q1 2023[17] - Other income for Q1 2024 was RMB 3,874,439.22, compared to RMB 908,755.28 in Q1 2023[17] Accounting Standards - The company did not apply new accounting standards for the first quarter of 2024[22]