德固特(300950) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 reached ¥181,214,612.61, representing a 98.15% increase compared to ¥91,451,476.54 in the same period last year[4] - Net profit attributable to shareholders was ¥50,629,801.07, up 147.72% from ¥20,438,330.68 year-on-year[4] - The basic earnings per share increased to ¥0.34, a rise of 142.86% from ¥0.14 in the previous year[4] - The company reported a significant increase in operating profit to ¥59,329,871.47, up 148.87% from ¥23,839,716.53 in the same period last year[8] - The total operating revenue for the current period is ¥181,214,612.61, a significant increase of 98.3% compared to ¥91,451,476.54 in the previous period[27] - The net profit attributable to the parent company is ¥50,629,801.07, up 147.8% from ¥20,438,330.68 in the same period last year[28] - The operating profit for the current period is ¥59,329,871.47, which is an increase of 148.9% compared to ¥23,839,716.53 in the previous period[27] - The total operating costs for the current period are ¥121,326,940.75, an increase of 74.0% from ¥69,759,786.47 in the previous period[27] - The income tax expense for the current period is ¥8,700,070.40, which is an increase of 155.5% compared to ¥3,401,840.85 in the previous period[27] Cash Flow and Assets - The net cash flow from operating activities was negative at -¥6,581,117.73, a decline of 120.07% compared to ¥32,786,711.19 in the same period last year[4] - The cash flow from operating activities shows a net outflow of ¥6,581,117.73, contrasting with a net inflow of ¥32,786,711.19 in the previous period[31] - The cash flow from investing activities has a net outflow of ¥33,135,476.93, compared to a net inflow of ¥109,332,526.76 in the previous period[31] - The total cash and cash equivalents at the end of the period is ¥187,129,926.94, down from ¥365,334,909.92 at the end of the previous period[31] - Current assets decreased from RMB 824.62 million to RMB 690.53 million, primarily due to reductions in cash and inventory[24] - Cash and cash equivalents decreased from RMB 282.64 million to RMB 232.44 million, showing a decline in liquidity[24] Shareholder Information - Total number of common shareholders at the end of the reporting period is 14,041[11] - Wei Zhenwen holds 53.71% of shares, totaling 80,820,000 shares[11] - Qingdao Defeng Investment Enterprise holds 6.10% of shares, totaling 9,180,000 shares[11] - The number of shares held by the top 10 shareholders includes 60,615,000 shares under lock-up restrictions[14] - The total number of shares held by Wei Zhenwen under unrestricted conditions is 20,205,000 shares[11] - The company has no preferred shareholders or changes in restricted shares during the reporting period[13] - A total of 90 million shares, accounting for 59.81% of the company's total share capital, were released for circulation after the lock-up period[21] Management and Corporate Actions - The company has appointed a new financial director and board secretary as of February 2, 2024[17] - The company’s management has undergone changes with the resignation of two vice presidents[17] - The company completed the registration of 480,000 shares for the first vesting period of the 2022 restricted stock incentive plan on January 12, 2024[16] - The company plans to participate in a capital increase project with a budget of up to 50 million RMB[18] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥1,058,398,261.98, down 5.12% from ¥1,115,548,757.18 at the end of the previous year[4] - As of March 31, 2024, total assets amounted to RMB 1,058.40 million, a decrease from RMB 1,115.55 million at the beginning of the period[25] - Total liabilities decreased from RMB 454.54 million to RMB 341.55 million, reflecting a significant reduction in current liabilities[25] - The company's equity attributable to shareholders increased from RMB 661.00 million to RMB 716.85 million, indicating a growth in retained earnings[26] Financial Expenses and Impairments - The company experienced a 712.34% increase in financial expenses, primarily due to increased interest income[8] - The company recorded a 102.57% increase in credit impairment losses, attributed to higher provisions for bad debts[8] Future Plans - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[5] - The company plans to continue expanding its market presence and exploring new strategies for growth, including potential mergers and acquisitions[19] Research and Development - Research and development expenses increased to ¥4,428,002.21 from ¥3,486,198.75, reflecting a growth of 27.0%[27]