海格通信(002465) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥1,144,316,623.42, representing a 10.67% increase compared to ¥1,034,003,874.15 in the same period last year[3] - The net profit attributable to shareholders was ¥42,507,168.71, a slight increase of 0.58% from ¥42,262,143.45 year-on-year[3] - The net profit after deducting non-recurring gains and losses surged by 86.67% to ¥23,515,194.00 from ¥12,596,912.05 in the previous year[3] - The total net profit for Q1 2024 was CNY 52,872,849.10, an increase from CNY 42,533,978.92 in Q1 2023, representing a growth of approximately 24.5%[22] - The operating profit for Q1 2024 was CNY 67,455,514.01, compared to CNY 52,301,023.83 in the same period last year, indicating a year-over-year increase of about 28.9%[22] - The total comprehensive income for Q1 2024 was CNY 52,872,849.10, compared to CNY 42,533,978.92 in Q1 2023, showing an increase of approximately 24.5%[22] Cash Flow - The net cash flow from operating activities was negative at -¥522,653,140.41, worsening by 12.43% compared to -¥464,855,312.38 in the same period last year[3] - The company reported a net cash outflow from investing activities of CNY -597,868,351.82, compared to CNY -397,300,948.74 in Q1 2023, reflecting a decline in cash flow from investments[24] - Cash flow from operating activities showed a net outflow of CNY -522,653,140.41, worsening from CNY -464,855,312.38 in Q1 2023[23] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥19,304,906,236.27, a decrease of 0.66% from ¥19,433,862,336.70 at the end of the previous year[3] - Total liabilities decreased to ¥5,762,525,910.29 from ¥5,944,354,859.82, reflecting a decrease of 3.06%[19] - The equity attributable to shareholders of the parent company increased to ¥12,909,162,616.51 from ¥12,866,655,447.80, a rise of 0.33%[19] Borrowings and Financing - The company's short-term borrowings increased by 40.42% to ¥1,755,815,825.15, up from ¥1,250,400,168.68, primarily due to operational funding needs[7] - The company approved the use of up to RMB 2.5 billion of idle funds for cash management, pending shareholder approval[15] - The company plans to apply for a credit financing limit of up to RMB 5.5 billion from banks in 2024, also pending shareholder approval[15] Shareholder Information - The top 10 shareholders hold a total of 599,732,162 shares, representing a significant portion of the company's equity[12] - The top shareholder, Guangzhou Digital Technology Group, holds 599,732,162 shares, which is 24.99% of the total share capital[12] - The company reported a total of 2,814,100 shares lent out under margin trading by Agricultural Bank of China, accounting for 0.11% of total shares[13] - The company has a total of 21,369,498 shares under margin trading, representing 0.86% of total shares[14] Research and Development - Research and development expenses amounted to ¥228,206,840.17, compared to ¥211,975,370.01 in the previous year, indicating an increase of 7.66%[20] Other Information - The company has not disclosed any new product or technology developments in this report[16] - There is no mention of market expansion or mergers and acquisitions in the current report[16] - The company has not provided specific performance guidance for the upcoming quarters[16]