长盛轴承(300718) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥276,043,743.93, representing a 6.85% increase compared to ¥258,339,678.21 in the same period last year[4] - The net profit attributable to shareholders was ¥52,230,941.54, a slight increase of 1.29% from ¥51,566,253.84 year-on-year[4] - Operating profit for the period was CNY 61,920,845.36, up from CNY 58,800,818.84 in the same period last year, reflecting a growth of 3.8%[22] - Net profit attributable to the parent company was CNY 52,230,941.54, compared to CNY 51,566,253.84 in Q1 2023, indicating a slight increase of 1.3%[22] - The company recorded a comprehensive income total of CNY 53,015,969.48, compared to CNY 50,796,644.53 in Q1 2023, an increase of 4.3%[22] Cash Flow - The net cash flow from operating activities decreased by 17.30% to ¥32,069,033.82, down from ¥38,778,075.77 in the previous year[4] - The net cash flow from operating activities for the current period is $32,069,033.82, a decrease of 17.5% compared to $38,778,075.77 in the previous period[24] - Total cash inflow from operating activities is $241,318,165.58, slightly up from $240,642,675.37 in the previous period[24] - Cash outflow from operating activities increased to $209,249,131.76 from $201,864,599.60, resulting in a net cash flow of $32,069,033.82[24] - The net cash flow from investing activities is -$9,784,819.44, a significant decline from $72,298,543.87 in the previous period[25] - Cash inflow from investing activities totaled $168,378,277.75, down from $186,386,318.48[25] - Cash outflow from investing activities increased to $178,163,097.19 from $114,087,774.61[25] - The net cash flow from financing activities is $6,670,432.00, compared to $5,210,450.27 in the previous period, reflecting a 28.0% increase[25] - Total cash and cash equivalents at the end of the period reached $581,907,616.02, up from $207,489,319.06 in the previous period[25] - The company received $20,000,000.00 from other financing activities, marking a new source of cash inflow[25] - The impact of exchange rate changes on cash and cash equivalents was -$825,445.45, contrasting with a positive impact of $446,614.09 in the previous period[25] Assets and Liabilities - Total assets at the end of Q1 2024 reached ¥1,986,305,412.11, marking a 1.46% increase from ¥1,957,807,884.09 at the end of the previous year[4] - Total liabilities decreased to CNY 316,899,112.53 from CNY 332,388,276.37, showing a reduction of approximately 4.6%[19] - The total current assets increased to CNY 1,352,401,208.97 from CNY 1,311,106,323.23, reflecting a growth of approximately 3.5%[17] - The total non-current assets decreased slightly to CNY 646,000,000.00 from CNY 648,000,000.00, showing a decline of approximately 0.3%[17] - The company’s long-term equity investments decreased to CNY 18,003,175.22 from CNY 18,699,462.38, reflecting a decline of approximately 3.7%[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,551, with the largest shareholder holding 31.87% of the shares[9] - The company plans to release 25% of the locked shares for executives annually, impacting the total share structure[14] - The total number of restricted shares decreased from 108,205,852.00 to 104,995,852.00, a reduction of approximately 3.3%[14] Income and Expenses - The company received government subsidies amounting to ¥2,319,488.04, contributing to an increase in other income by 457.46% to ¥3,181,826.47[8] - Investment income rose by 41.75% to ¥3,705,033.59, attributed to increased returns from financial product investments[8] - The company reported a significant increase in financial income, with a rise of 2003.14% in financial expenses due to increased bank deposit interest income[8] - Research and development expenses were CNY 12,342,050.76, compared to CNY 11,651,755.12 in the previous year, marking an increase of 5.9%[21] Return on Equity - The weighted average return on equity decreased to 3.35% from 3.71% year-on-year[4]