锐明技术(002970) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 reached ¥502,013,459.71, representing a 37.19% increase compared to ¥365,925,139.07 in the same period last year[5] - Net profit attributable to shareholders was ¥53,126,909.58, a significant increase of 120.74% from ¥24,067,490.69 year-on-year[5] - The net profit excluding non-recurring gains and losses was ¥49,311,770.17, reflecting a 161.19% increase from ¥18,879,445.76 in the previous year[5] - Basic and diluted earnings per share both increased to ¥0.31, up 121.43% from ¥0.14 in the same quarter last year[5] - Total operating revenue for Q1 2024 reached CNY 502,013,459.71, an increase of 37.1% compared to CNY 365,925,139.07 in Q1 2023[21] - Net profit for Q1 2024 was CNY 53,095,472.89, representing a 112.5% increase from CNY 24,980,606.02 in Q1 2023[22] - Total comprehensive income for Q1 2024 was CNY 41,204,451.74, compared to CNY 25,966,794.27 in Q1 2023, representing a year-over-year increase of approximately 58.6%[23] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥2,544,400,892.87, a 9.29% increase from ¥2,328,033,615.28 at the end of the previous year[5] - Total liabilities increased to CNY 1,117,282,009.64 in Q1 2024, compared to CNY 914,809,458.44 in Q1 2023, marking a rise of 22.2%[19] - The equity attributable to shareholders of the parent company was CNY 1,428,687,645.57, slightly up from CNY 1,415,031,984.83 in Q1 2023[19] Cash Flow - Cash flow from operating activities was ¥96,688,743.48, showing a slight increase of 3.34% compared to ¥93,563,154.09 in the same period last year[5] - Cash and cash equivalents at the end of Q1 2024 totaled CNY 835,918,444.83, compared to CNY 558,769,763.49 at the end of Q1 2023, marking an increase of 49.6%[26] - The net increase in cash and cash equivalents for Q1 2024 was CNY 121,085,141.82, compared to CNY 144,396,546.69 in Q1 2023, showing a decrease of 16.1%[26] Shareholder Information - The total number of common shareholders at the end of the reporting period is 18,682[12] - The company has a significant shareholder, Zhao Zhijian, holding 25.41% of the shares[12] - The second-largest shareholder, Wang Xidian, holds 18.32% of the shares[12] - The company holds 1,834,000 shares through the repurchase special securities account, accounting for 1.06% of the total share capital[15] - The company plans to repurchase shares with a total fund of no less than RMB 40 million and no more than RMB 80 million, with a maximum repurchase price of RMB 27.00 per share[15] - The company has initiated a share repurchase program as of February 1, 2024, with a duration of 12 months[15] Operational Metrics - Accounts receivable decreased by ¥24,308,900, a reduction of 39.08%, primarily due to the maturity of pledged notes[11] - Short-term borrowings increased by ¥80,000,000, a growth of 57.60%, indicating an increase in borrowing activities[11] - The company reported a 31.40% increase in accounts payable, amounting to an increase of ¥92,144,100, attributed to higher material procurement[11] - Research and development expenses for Q1 2024 amounted to CNY 69,147,934.73, an increase of 28.9% compared to CNY 53,679,427.05 in Q1 2023[22] Government Subsidies and Tax - The company received government subsidies amounting to ¥3,881,682.57, which are closely related to its normal business operations[7] - The company received CNY 29,869,153.20 in tax refunds during Q1 2024, an increase from CNY 19,524,784.76 in Q1 2023, representing a growth of 52.9%[25] Other Financial Information - The company reported a financial expense of CNY -5,472,657.43 in Q1 2024, a significant improvement compared to CNY 3,469,471.91 in Q1 2023[22] - The company’s deferred income tax liabilities decreased to CNY 7,147,769.72 in Q1 2024 from CNY 8,295,692.41 in Q1 2023, indicating a reduction of 13.8%[19] - Total cash outflows from investing activities were CNY 14,157,205.29 in Q1 2024, compared to CNY 20,552,989.55 in Q1 2023, indicating a reduction of 31.2%[26] - The company has not undergone an audit for the Q1 2024 report[28]