双杰电气(300444) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 1,001,957,077.97, representing a 32.62% increase compared to CNY 755,483,117.40 in the same period last year[5] - Net profit attributable to shareholders was CNY 80,374,448.83, a 3.52% increase from CNY 77,643,233.47 year-on-year[5] - The net profit excluding non-recurring gains and losses surged by 382.97% to CNY 81,287,557.89 from CNY 16,830,717.05 in the previous year[5] - Operating profit increased to ¥94,374,158.12, up 17.4% from ¥80,026,508.19 year-over-year[19] - The company reported a net loss of CNY 170,688,209.80, an improvement from a loss of CNY 251,062,658.63 in the previous period[17] - The company incurred a loss from investments of ¥2,326,849.54, a significant decline from a profit of ¥60,714,962.76 in the previous period[18] Cash Flow - The company's cash flow from operating activities showed a significant decline, with a net outflow of CNY 108,130,792.45, worsening by 460.30% compared to a net outflow of CNY 19,298,899.18 last year[5] - The company reported a net cash outflow from operating activities of ¥108,130,792.45, worsening from a net outflow of ¥19,298,899.18 in the previous year[21] - Cash inflow from investment activities was ¥60,000,000.00, while cash outflow was ¥139,797,070.55, resulting in a net cash outflow of ¥79,797,070.55[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,277,424,256.03, up 1.84% from CNY 5,182,233,299.07 at the end of the previous year[5] - The company's total liabilities stood at CNY 3,603,953,815.51, slightly up from CNY 3,596,342,995.86[16] - Long-term borrowings increased by 31.50%, primarily due to new fixed asset investment loans[11] - Short-term borrowings increased to CNY 634,953,708.59 from CNY 503,133,524.83, representing a rise of about 26.2%[16] - The total non-current assets reached CNY 2,098,874,879.32, compared to CNY 2,055,024,800.21 at the beginning of the period[16] Equity and Shareholder Information - Shareholder equity attributable to the parent company increased by 5.66% to CNY 1,624,180,906.57 from CNY 1,537,138,632.74[5] - The total equity attributable to shareholders of the parent company increased to CNY 1,624,180,906.57 from CNY 1,537,138,632.74[17] Research and Development - R&D expenses increased by 46.65% year-on-year, attributed to multiple ongoing R&D projects[9] - Research and development expenses increased to ¥19,116,675.97, up 46.5% from ¥13,035,446.15 in the prior year[18] Inventory and Receivables - Accounts receivable rose to CNY 1,401,722,299.93, up from CNY 1,141,273,027.42, indicating an increase of about 22.8%[15] - Inventory decreased to CNY 823,198,714.75 from CNY 949,097,838.89, a reduction of approximately 13.3%[15] Cash and Cash Equivalents - The company reported a decrease in cash and cash equivalents by 36.41% due to payments for fixed asset purchases and other operational expenses[11] - Cash and cash equivalents decreased to CNY 312,790,633.50 from CNY 491,893,455.50, reflecting a decline of approximately 36.4%[15] - Cash and cash equivalents at the end of the period totaled ¥245,436,733.74, compared to ¥180,731,679.86 at the end of the previous period[22]