聚灿光电(300708) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥600,483,216.63, representing a 10.55% increase compared to ¥543,166,227.87 in the same period last year[5] - Net profit attributable to shareholders reached ¥48,107,581.92, a significant increase of 733.52% from a loss of ¥7,593,660.44 in the previous year[5] - The net cash flow from operating activities improved to ¥22,995,912.52, a 119.93% increase from a negative cash flow of ¥115,360,962.40 in the same period last year[5] - The basic earnings per share rose to ¥0.07, compared to a loss of ¥0.01 per share in the previous year[5] - The company reported a net profit of 40.81 million RMB after deducting non-recurring gains and losses, a 216.24% increase from a net loss of 35.11 million RMB in the previous year[16] - Operating profit reached CNY 52,445,270.20, compared to an operating loss of CNY 16,249,787.36 in Q1 2023, indicating a strong operational improvement[26] - The total profit for the period was CNY 52,461,159.90, a recovery from a loss of CNY 16,248,247.37 in Q1 2023[26] Assets and Liabilities - Total assets decreased by 5.08% to ¥4,499,158,945.72 from ¥4,739,743,662.17 at the end of the previous year[5] - The equity attributable to shareholders decreased by 10.85% to ¥2,570,259,194.17 from ¥2,883,187,446.93 at the end of the previous year[5] - The total current liabilities increased to CNY 1,928,735,438.35 from CNY 1,856,363,235.76, an increase of about 3.9%[22] - Cash and cash equivalents decreased to CNY 1,941,768,841.94 from CNY 2,335,869,344.88, representing a decline of approximately 16.9%[22] Government Support and Income - The company received government subsidies amounting to ¥8,422,800.00 during the quarter, contributing positively to its financial performance[6] - The company reported a significant increase in other income, which rose by 6,983.03% to ¥8,409,026.66 due to increased government subsidies[9] Investment and Cash Flow - The company’s investment income showed a loss of ¥5,268,761.48, a decline of 491.26% compared to the previous year, primarily due to increased discounting fees[9] - The company’s cash flow from investing activities improved significantly to ¥198,538,984.35, a 688.09% increase from a negative cash flow of ¥33,759,982.85 in the previous year[9] - The company reported cash inflows from investment activities of CNY 292,793,493.38, significantly higher than CNY 5,066,089.14 in the previous year[29] Shareholder Returns - The company repurchased a total of 32,831,660 shares for a total amount of 300,013,990.67 RMB as of April 8, 2024[16] - The annual cash dividend distribution plan for 2023 was set at 1.60 RMB per 10 shares, totaling 105.57 million RMB distributed to shareholders[17] Operational Strategy and Development - The company is advancing the "Mini/Micro LED chip R&D and manufacturing expansion project" and the "annual production of 2.4 million red and yellow light epitaxial wafers and chips project" to enhance production capacity[18] - The new projects aim to establish a full-color system of RGB display products, improving operational efficiency and aligning with industry trends[19] - The company plans to optimize its product structure and expand into high-end markets, enhancing its core competitiveness[19] - The company emphasizes a strategy focused on resource allocation and strengthening its main business to ensure sustainable high-quality development[16] - The company plans to continue focusing on operational efficiency and cash flow improvement strategies moving forward[32]