Financial Performance - The company's revenue for Q1 2024 was ¥116,261,916.22, representing a 15.12% increase compared to ¥100,994,582.74 in the same period last year[4] - Net profit attributable to shareholders was ¥21,927,903.73, up 9.38% from ¥20,048,178.88 year-on-year[4] - The net profit excluding non-recurring gains and losses increased by 30.41% to ¥17,877,347.87 from ¥13,708,909.38 in the previous year[4] - Total operating revenue for Q1 2024 was CNY 116,261,916.22, an increase of 15.8% compared to CNY 100,994,582.74 in Q1 2023[19] - Net profit attributable to the parent company was CNY 15,439,960.46, compared to CNY 7,406,082.93 in Q1 2023, indicating a significant increase[19] - The net profit for Q1 2024 was CNY 21,927,903.73, an increase of 9.36% compared to CNY 20,048,178.88 in Q1 2023[20] - Operating profit for Q1 2024 was CNY 22,024,621.41, compared to CNY 21,122,101.66 in Q1 2023, reflecting a growth of 4.27%[20] - The company reported a total profit of CNY 22,047,544.67 for Q1 2024, up from CNY 21,156,619.95 in the same quarter last year[20] Cash Flow and Assets - Operating cash flow net amount surged by 442.95% to ¥8,437,703.17, compared to ¥1,554,040.57 in Q1 2023[4] - The company reported a significant increase in cash and cash equivalents, with a net increase of ¥42,697,558.48, up 303.28% from ¥10,587,574.20 in Q1 2023[10] - Cash flow from operating activities generated a net amount of CNY 8,437,703.17, significantly higher than CNY 1,554,040.57 in Q1 2023[21] - Cash flow from investing activities showed a net inflow of CNY 55,674,638.84, compared to CNY 11,742,672.59 in Q1 2023[23] - Cash and cash equivalents at the end of Q1 2024 were CNY 597,220,162.75, up from CNY 564,777,827.55 at the beginning of the quarter[16] - Total assets at the end of Q1 2024 reached ¥1,917,675,843.55, a 5.61% increase from ¥1,815,835,861.95 at the end of the previous year[4] - Total assets increased to CNY 1,917,675,843.55, compared to CNY 1,893,882,558.41 at the start of the year[18] Shareholder Information - The total number of common shareholders at the end of the reporting period is 14,380[12] - Major shareholder Chen Tao holds 36.83% of shares, totaling 38,345,400 shares[12] - The company repurchased 741,746 shares, accounting for 0.71% of the total share capital[12] - The total number of restricted shares at the beginning of the period was 74,258,398, with 22,412,998 shares released during the period[14] - The number of shares held by the top 10 unrestricted shareholders includes Wang Yan with 12,958,500 shares[12] - The total number of shares held by the top 10 shareholders is concentrated, with the top two shareholders holding nearly 50%[12] - The company has a significant portion of shares under lock-up agreements, with 75% of executive shares locked annually[14] - The company plans to release some restricted shares in 2024, with specific dates for each shareholder[14] Expenses and Costs - Total operating costs for Q1 2024 were CNY 100,821,955.76, up 7.8% from CNY 93,588,499.81 in the same period last year[19] - Research and development expenses increased to CNY 22,719,679.87, representing a rise of 22.6% from CNY 18,623,695.29 in Q1 2023[19] - The company experienced a 50.24% rise in selling expenses, totaling ¥15,367,965.02, primarily due to increased labor costs and travel expenses[10] - Investment income decreased by 63.89% to ¥660,296.36 from ¥1,828,531.19 in the previous year, reflecting reduced financial product returns[10] Other Information - The company's basic earnings per share decreased by 17.24% to ¥0.24 from ¥0.29 in the same period last year[4] - The weighted average return on equity slightly increased to 1.25% from 1.18% year-on-year[4] - The company did not report any significant new product launches or technological advancements during this quarter[24] - There were no mergers or acquisitions reported in the first quarter of 2024[24] - The company has not reported any changes in the participation of major shareholders in margin trading activities[13] - There are no significant changes in the number of preferred shareholders or their holdings[13]
维海德(301318) - 2024 Q1 - 季度财报