Hengtong(SH:600226)2024-04-22 12:45Financial Performance - The company's operating revenue for Q1 2024 reached ¥205,158,748.04, representing a year-on-year increase of 58.73%[4] - Net profit attributable to shareholders was ¥63,176,019.58, up 46.94% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥57,022,247.96, reflecting a 33.06% increase year-on-year[4] - Basic and diluted earnings per share both increased by 100% to ¥0.02 per share[4] - Operating profit for Q1 2024 was ¥63,427,543.91, compared to ¥43,728,267.31 in Q1 2023, indicating an increase of about 45.2%[22] - Net profit attributable to shareholders for Q1 2024 was ¥63,176,019.58, up from ¥42,993,520.28 in Q1 2023, reflecting a growth of approximately 47.0%[23] - Total revenue for Q1 2024 reached ¥205,158,748.04, a significant increase from ¥129,246,950.88 in Q1 2023, representing a growth of approximately 58.7%[22] - Research and development expenses for Q1 2024 were ¥7,158,428.10, significantly higher than ¥1,730,509.09 in Q1 2023, indicating an increase of approximately 313.5%[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,359,560,556.96, a 1.04% increase from the end of the previous year[5] - The equity attributable to shareholders increased by 1.94% to ¥3,322,404,626.35 compared to the end of the previous year[5] - Total liabilities reached CNY 412,191,940.80, compared to CNY 453,489,575.99 previously, indicating a decrease of approximately 9.1%[17] - Total liabilities as of Q1 2024 amounted to ¥815,392,589.44, a slight decrease from ¥826,048,737.29 in the previous year[18] - The total non-current assets increased to CNY 2,956,777,461.89 from CNY 2,981,129,785.35, reflecting a decrease of approximately 0.8%[17] Cash Flow - As of March 31, 2024, the company held cash and cash equivalents of CNY 843,524,128.50, an increase from CNY 726,806,427.79 as of December 31, 2023, representing a growth of approximately 16.5%[16] - In Q1 2024, cash inflow from operating activities totaled approximately ¥187.04 million, an increase of 18.9% compared to ¥157.30 million in Q1 2023[25] - Cash outflow from operating activities was approximately ¥223.19 million in Q1 2024, up from ¥181.47 million in Q1 2023, resulting in a net cash flow from operating activities of -¥36.15 million, compared to -¥24.17 million in the previous year[25] - The net increase in cash and cash equivalents for Q1 2024 was approximately ¥116.72 million, compared to a decrease of -¥57.32 million in Q1 2023[26] - The ending balance of cash and cash equivalents as of Q1 2024 was approximately ¥835.80 million, slightly up from ¥819.17 million at the end of Q1 2023[26] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 36,672[10] - The company reported a total of 170,784,042 shares repurchased, accounting for 5.48% of the total share capital[13] Inventory and Receivables - The company's accounts receivable rose to CNY 86,367,511.70 from CNY 67,594,710.24, marking an increase of approximately 27.7%[16] - The inventory decreased to CNY 166,615,941.84 from CNY 192,927,541.93, indicating a decline of about 13.7%[16] Investment Activities - Investment activities generated a net cash inflow of approximately ¥127.24 million in Q1 2024, a significant improvement from a net outflow of -¥175.40 million in Q1 2023[26] - Cash received from investment activities totaled approximately ¥433.96 million in Q1 2024, compared to ¥103.04 million in Q1 2023[26] - The company reported a cash outflow of approximately ¥306.72 million from investment activities in Q1 2024, compared to ¥278.44 million in Q1 2023[26]