隆华科技(300263) - 2024 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2024 was CNY 641,730,240.60, an increase of 7.50% compared to CNY 596,973,966.11 in the same period last year[5] - Net profit attributable to shareholders decreased by 30.87% to CNY 54,943,051.96 from CNY 79,481,567.14 year-on-year[5] - Basic and diluted earnings per share fell by 33.33% to CNY 0.06 from CNY 0.09 in the previous year[5] - Net profit for Q1 2024 was CNY 58,959,100.47, a decrease of 30.7% from CNY 85,229,821.36 in Q1 2023[25] - The total comprehensive income for the first quarter of 2024 was CNY 58,959,100.47, a decrease of 30.6% from CNY 85,229,821.36 in the previous period[26] - The net income attributable to the parent company was CNY 54,943,051.96, down from CNY 79,481,567.14, reflecting a decline of 30.9%[26] - Basic and diluted earnings per share were both CNY 0.06, compared to CNY 0.09 in the previous period, indicating a 33.3% decrease[26] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 216,117,297.30, worsening by 22.76% compared to CNY -176,055,510.25 in the prior year[5] - Cash inflows from operating activities totaled CNY 514,981,382.30, an increase of 31.3% from CNY 392,144,321.74[27] - Cash outflows from operating activities were CNY 731,098,679.60, up from CNY 568,199,831.99, resulting in a net cash flow from operating activities of -CNY 216,117,297.30[27] - Cash inflows from investing activities were CNY 259,212,283.96, down 37.2% from CNY 413,012,082.22[29] - Cash outflows from investing activities totaled CNY 315,471,214.00, slightly up from CNY 308,623,141.30, leading to a net cash flow from investing activities of -CNY 56,258,930.04[29] - Cash inflows from financing activities were CNY 160,516,882.20, an increase from CNY 123,958,519.95 in the previous period[29] - The net cash flow from financing activities was -CNY 6,003,863.94, improving from -CNY 47,666,359.12 in the previous period[29] - The ending balance of cash and cash equivalents was CNY 510,499,981.28, down from CNY 582,068,401.97[29] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,236,081,497.16, a decrease of 1.38% from CNY 6,323,489,956.25 at the end of the previous year[5] - Total liabilities decreased to CNY 2,892,521,626.84 from CNY 3,039,949,882.01 at the beginning of the quarter, reflecting a reduction of 4.8%[23] - The company's total assets at the end of Q1 2024 were CNY 6,236,081,497.16, down from CNY 6,323,489,956.25 at the beginning of the quarter[23] - The company's cash and cash equivalents were not explicitly stated but can be inferred from the changes in current liabilities, particularly the reduction in short-term borrowings from CNY 430,043,753.23 to CNY 303,821,749.86, a decrease of 29.3%[23] - The company reported an increase in long-term borrowings to CNY 293,606,779.00 from CNY 241,900,000.00, representing a rise of 21.4%[23] Expenses - Total operating costs for Q1 2024 were CNY 581,801,894.93, up 12.8% from CNY 515,635,201.59 in Q1 2023[24] - Research and development expenses for Q1 2024 were CNY 18,170,921.88, down 26.0% from CNY 24,483,618.16 in Q1 2023[24] - The company reported a significant increase in sales expenses, which rose by 86.22% to CNY 22,942,700.00 from CNY 12,320,000.00 year-on-year[10] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 45,455[16] - The total number of shares held by the top 10 unrestricted shareholders amounts to 131,946,725 shares[20] - The company has a significant shareholder relationship among the top shareholders, with four being brothers and acting in concert[17] - The company reported no changes in the number of restricted shares for key executives during the period[19] - There were no changes in the status of preferred shareholders or any new preferred shareholders reported[18] Investments - Investment income surged by 683.13% to CNY 15,752,000.00 compared to CNY 2,011,400.00 in the same period last year[12] - The net cash flow from investing activities decreased by 153.89% to CNY -56,258,900.00 from CNY 104,388,900.00 year-on-year[14] - The company's long-term equity investments rose from CNY 185,689,758.76 to CNY 199,357,590.71, an increase of approximately 7.3%[21] Current Assets - Total current assets decreased from CNY 3,478,106,833.52 to CNY 3,311,712,898.95, a decline of approximately 4.8%[21] - Cash and cash equivalents decreased from CNY 888,710,274.88 to CNY 643,446,862.28, representing a decrease of about 27.6%[21] - Accounts receivable increased from CNY 1,104,758,123.78 to CNY 1,151,478,647.90, an increase of approximately 4.2%[21] - Inventory increased from CNY 815,326,007.09 to CNY 870,121,192.73, reflecting an increase of about 6.7%[21]