奇精机械(603677) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 461,230,868.26, representing a year-on-year increase of 14.90%[5] - The net profit attributable to shareholders for the same period was CNY 23,898,817.84, reflecting a growth of 39.17% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 71.60%, amounting to CNY 22,889,196.84[5] - The basic earnings per share for Q1 2024 was CNY 0.1244, up by 39.15% year-on-year[5] - Total operating revenue for Q1 2024 reached ¥461,230,868.26, a 14.9% increase from ¥401,408,458.18 in Q1 2023[30] - Net profit for Q1 2024 was ¥23,898,817.84, representing a 39.0% increase compared to ¥17,171,961.24 in Q1 2023[31] - Basic and diluted earnings per share for Q1 2024 were both ¥0.1244, up from ¥0.0894 in Q1 2023[31] Assets and Liabilities - The total assets of the company at the end of the reporting period were CNY 2,243,334,002.51, an increase of 4.60% from the previous year[6] - The company's total assets as of March 31, 2024, amounted to CNY 2,235,749,724.66, an increase from CNY 2,136,149,883.86 in December 2023, reflecting a growth of approximately 4.65%[36] - The total liabilities as of March 31, 2024, were CNY 1,054,028,959.85, an increase from CNY 977,099,243.87 in December 2023, indicating a rise of about 7.9%[38] - The company's total liabilities increased to CNY 1,065,701,691.43 from CNY 987,471,362.37, reflecting a growth of about 7.9%[27] - The total equity of the company as of March 31, 2024, was CNY 1,181,720,764.81, an increase from CNY 1,159,050,639.99 at the end of 2023, representing a growth of approximately 1.96%[38] - The total equity attributable to shareholders increased to CNY 1,177,632,311.08 from CNY 1,157,126,268.03, representing a rise of approximately 1.8%[27] Cash Flow - The company reported a net cash flow from operating activities of CNY -22,924,259.64, indicating a negative cash flow situation[5] - Cash flow from operating activities showed a net outflow of ¥22,924,259.64 in Q1 2024, worsening from a net outflow of ¥9,527,917.35 in Q1 2023[34] - The company's cash and cash equivalents increased to CNY 415,307,757.78 from CNY 360,333,585.90, representing a rise of about 15.3%[25] - Cash and cash equivalents at the end of Q1 2024 totaled ¥264,019,580.42, an increase from ¥117,013,401.84 at the end of Q1 2023[35] - The ending balance of cash and cash equivalents increased to 242,959,223.33 RMB, up from 97,113,772.81 RMB in Q1 2023, marking a significant increase[43] Investments and Expenditures - The company plans to invest a total of RMB 89.4763 million in fixed assets for 2024, with actual investments of RMB 7.2351 million reported by the end of the reporting period[19] - The company is in the process of acquiring factory buildings from Yulin Metal for RMB 3,510,375, with payment pending until the property rights certificate is obtained[16] - The company received government subsidies amounting to CNY 1,053,668.04, which were closely related to its normal business operations[7] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,075[9] - The company will distribute a cash dividend of RMB 0.2 per share, totaling RMB 38,429,514.60 based on the total share capital of 192,147,573 shares[20] Research and Development - Research and development expenses decreased to ¥10,783,915.68 in Q1 2024, down 33.8% from ¥16,278,758.64 in Q1 2023[30] - Research and development expenses for the first quarter of 2024 were CNY 10,286,216.33, a decrease of 34.5% from CNY 15,754,421.56 in the first quarter of 2023[41] Legal and Compliance - The company has completed the debt claim declaration process related to the lawsuit, which involved a provision for bad debts at 100% of the amount involved[24] - The company has no negative impact on its current or future operating performance from the lawsuit aside from the involved receivables[24] - The company will continue to monitor the information sent by the administrator regarding the debt distribution situation[23]