长川科技(300604) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 reached ¥559,387,242.18, representing a 74.81% increase compared to ¥319,997,394.77 in the same period last year[3] - Net profit attributable to shareholders was ¥4,075,180.68, a significant turnaround from a loss of ¥57,231,822.65, marking a 107.12% increase[3] - The basic earnings per share improved to ¥0.01 from a loss of ¥0.10, reflecting a 110.00% increase[3] - The weighted average return on equity rose to 14.11%, up from -2.52% in the previous year, an increase of 16.63 percentage points[3] - The net profit for Q1 2024 was ¥3,664,550.22, a significant recovery from a net loss of ¥54,353,502.88 in the same period last year[16] - The total comprehensive income for Q1 2024 was -¥16,168,704.79, compared to -¥55,032,956.73 in the previous year, showing an improvement[17] Cash Flow and Liquidity - The company reported a net cash flow from operating activities of -¥240,292,559.38, an improvement of 29.15% from -¥339,133,653.74 in the same period last year[3] - The total cash and cash equivalents decreased to ¥686,630,291.00 from ¥836,451,978.07, indicating a decline of approximately 18% in liquidity[13] - Cash flow from operating activities was negative at -¥240,292,559.38, an improvement from -¥339,133,653.74 in Q1 2023[19] - The cash and cash equivalents at the end of the period stood at ¥686,630,291.00, down from ¥586,151,810.19 in the previous year[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,902,396,284.18, a slight increase of 0.01% from ¥5,901,584,373.42 at the end of the previous year[3] - Total liabilities decreased to ¥2,408,236,274.74 from ¥2,431,274,572.89, reflecting a reduction of 0.9%[15] - Long-term borrowings and bonds payable rose to ¥484,134,943.47 from ¥322,697,111.47, indicating a significant increase of 50.0%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 33,246, with the top ten shareholders holding 22.59% of the shares[8] - The largest shareholder, Hangzhou Changchuan Investment Management Partnership, holds 37,558,565.00 shares, representing 5.99% of total shares[9] - The total number of restricted shares at the end of the period was 168,467,027.00, with 530,100.00 shares released from restrictions during the quarter[12] - The company has a total of 172,125,095.00 restricted shares, with various reasons for restrictions including executive lock-up[12] - The total number of shares held by the top 10 unrestricted shareholders remains unchanged from the previous period[10] Operational Performance - Total operating revenue for Q1 2024 reached ¥559,387,242.18, a significant increase of 75.5% compared to ¥319,997,394.77 in Q1 2023[15] - Total operating costs for Q1 2024 were ¥536,429,167.27, up from ¥421,307,928.77 in the same period last year, reflecting a year-over-year increase of 27.3%[15] - Operating revenue from sales was ¥454,125,992.36, down from ¥606,059,759.26 in Q1 2023, reflecting a decline in cash inflow from operations[18] - Accounts receivable increased to ¥1,209,078,393.70 from ¥1,020,916,271.45, indicating a growth of 18.5%[14] - Inventory levels remained stable at ¥2,158,953,025.72, slightly down from ¥2,159,204,011.77, showing a marginal decrease of 0.01%[14] - Current assets totaled ¥4,248,928,313.26, a slight decrease of 0.8% from ¥4,283,489,447.63 in the previous quarter[14] Expenses and Cost Management - The company experienced a decrease in sales expenses to ¥42,234,382.60 from ¥46,443,820.34 year-over-year, indicating cost management efforts[16] - The company reported a significant increase in management expenses to ¥63,056,075.70 from ¥52,510,652.08, reflecting higher operational costs[16] - Research and development expenses increased to ¥180,280,387.19, up from ¥170,322,478.30 year-over-year, indicating a focus on innovation[16] Future Outlook and Strategic Developments - The company has no new strategies or significant developments reported in the first quarter of 2024[12] - There were no new products or technologies introduced during this reporting period[12] - The company did not report any mergers or acquisitions in the first quarter of 2024[12] - The company did not disclose any significant future outlook or performance guidance for the upcoming quarters[12] - Future outlook includes potential market expansion and new product development strategies, although specific figures were not disclosed in the current report[15] Accounting and Audit - The first quarter report for 2024 has not been audited[20] - The company is implementing new accounting standards starting in 2024[20]