天孚通信(300394) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 reached ¥731,670,538.96, representing a 154.95% increase compared to ¥286,990,129.38 in the same period last year[3] - Net profit attributable to shareholders was ¥278,877,189.59, up 202.68% from ¥92,136,784.60 year-on-year[3] - The basic earnings per share increased to ¥0.7062, a rise of 201.92% from ¥0.2339 in the previous year[3] - The total operating revenue for Q1 2024 reached ¥731,670,538.96, a significant increase of 154.5% compared to ¥286,990,129.38 in the same period last year[17] - The company's net profit for Q1 2024 reached CNY 279,823,463.52, a significant increase from CNY 92,120,594.73 in Q1 2023, representing a growth of approximately 203.5%[18] - Total operating revenue for Q1 2024 was CNY 634,508,795.91, compared to CNY 324,681,577.23 in the same period last year, marking an increase of about 96%[20] - The company reported a total comprehensive income of CNY 273,450,258.65 for Q1 2024, compared to CNY 91,671,067.86 in Q1 2023, indicating a year-over-year increase of approximately 197%[19] - Earnings per share (EPS) for Q1 2024 were CNY 0.7062, up from CNY 0.2339 in the previous year, reflecting a growth of about 201%[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,183,093,556.61, reflecting a 7.31% increase from ¥3,898,223,252.92 at the end of the previous year[3] - The total assets as of March 31, 2024, were ¥4,183,093,556.61, compared to ¥3,898,223,252.92 at the beginning of the year, indicating an increase of 7.3%[16] - The total liabilities decreased slightly to ¥522,514,219.68 from ¥535,012,521.09, a reduction of approximately 2.8%[16] - The company's total equity increased to ¥3,660,579,336.93 from ¥3,363,210,731.83, reflecting a growth of 8.8%[16] Cash Flow - The company reported a net cash flow from operating activities of ¥136,489,059.49, a slight decrease of 1.87% compared to ¥139,088,576.39 in the same period last year[3] - The cash and cash equivalents at the end of Q1 2024 amounted to ¥2,272,901,766.43, an increase from ¥1,864,103,660.31 at the beginning of the quarter, representing a growth of 22%[14] - The company generated CNY 691,746,571.86 in cash inflows from operating activities, a substantial increase from CNY 354,552,790.26 in Q1 2023[20] - Investment activities generated a net cash flow of CNY 229,744,113.95, down from CNY 651,558,759.25 in the same quarter last year[21] - The company’s cash and cash equivalents at the end of Q1 2024 were CNY 2,236,437,155.12, up from CNY 1,827,702,264.61 at the beginning of the quarter[21] Shareholder Information - The total number of common shareholders at the end of the reporting period is 43,655[7] - The largest shareholder, Suzhou Tianfu Renhe Investment Management Co., holds 38.11% of shares, totaling 150,510,234 shares[7] - The second-largest shareholder, Zhu Guodong, holds 8.92% of shares, totaling 35,231,789 shares[7] - The third-largest shareholder, Industrial and Commercial Bank of China, holds 4.41% of shares, totaling 17,406,351 shares[7] - The top ten shareholders account for a significant portion of the company's equity, with the largest three shareholders holding over 51% combined[7] - The company has seen changes in the top ten shareholders due to share lending activities, with specific numbers reflecting these changes[10] - The report indicates that the company has not issued any preferred shares during the reporting period[12] - The total number of shares held by the top ten unrestricted shareholders reflects a stable ownership structure[11] - The company maintains a strong position in the market with significant institutional investment, as evidenced by the holdings of various funds[9] Operational Insights - The increase in revenue was primarily driven by the growth in demand for high-speed optical devices due to advancements in AI technology and the construction of global data centers[5] - The company reported a gross profit margin improvement, with gross profit for Q1 2024 calculated at ¥324,834,629.15, compared to ¥104,584,338.69 in the previous year[17] - The company experienced a significant increase in prepayments, which rose by 204.35% to ¥1,179,830, primarily due to increased equipment payments[5] - The company reported a decrease in investment income to ¥180,260, down 73.05% from ¥668,800 in the previous year, mainly due to reduced returns from bank financial products[5] - The inventory at the end of Q1 2024 was ¥234,284,706.47, down from ¥255,648,280.04, showing a decrease of 8.4%[15] - The accounts receivable rose to ¥544,628,477.90 from ¥424,667,739.87, marking an increase of 28.3%[14] - The company plans to unlock a total of 250,163 shares from restricted stock, with specific unlock dates set for June 4, 2024[13]