铂科新材(300811) - 2024 Q1 - 季度财报

Financial Performance - In Q1 2024, the company achieved operating revenue of RMB 335,064,400.48, representing a year-on-year growth of 15.28% and a quarter-on-quarter growth of 10.08%[2] - The net profit attributable to shareholders was RMB 71,521,980.02, reflecting a year-on-year increase of 8.98% and a quarter-on-quarter increase of 6.90%[2] - The operating profit for the first quarter was ¥85,467,679.27, up from ¥78,917,569.72, reflecting a growth of 9.8%[41] - The net profit attributable to the parent company was ¥71,521,980.02, compared to ¥65,626,580.15 in the previous year, marking an increase of 8.5%[42] - The basic and diluted earnings per share for the first quarter were both ¥0.3597, compared to ¥0.3311 in the previous year, indicating improved profitability[42] Cash Flow - The net cash flow from operating activities reached RMB 30,308,615.06, showing a significant increase of 190.57% compared to the same period last year[15] - Cash flow from operating activities increased by 65.23% to ¥4,639,260.79 compared to ¥2,807,682.48 in the same period last year, primarily due to increased government subsidies received[21] - Operating cash flow net amount increased to ¥30,308,615.06 from ¥10,430,593.26, representing a significant improvement of approximately 190%[48] - Cash inflow from operating activities totaled ¥197,888,786.43, slightly up from ¥197,389,488.78, indicating stable revenue generation[48] - Cash outflow from operating activities decreased to ¥167,580,171.37 from ¥186,958,895.52, reflecting a reduction of about 10%[48] Assets and Liabilities - Total assets as of March 31, 2024, amounted to RMB 2,597,026,275.92, an increase of 3.40% from the end of the previous year[15] - Total current assets increased to ¥1,233,750,773.47 from ¥1,193,452,994.47, showing a growth in liquidity[26] - The total assets of the company as of March 31, 2024, amounted to ¥2,597,026,275.92, an increase from ¥2,511,722,012.35 in the previous year[39] - The company's total liabilities and equity increased to ¥2,597,026,275.92 from ¥2,511,722,012.35, indicating a healthy growth trajectory[39] Shareholder Information - The number of common shareholders at the end of the reporting period was 13,590, with the top ten shareholders holding a combined 66.88% of shares[22] - The largest shareholder, Shenzhen Moma New Materials Investment Co., Ltd., holds 23.41% of the shares, totaling 46,561,971 shares[22] Investment and Expenses - Financial expenses decreased by 37.18% to RMB 2,667,546.65, primarily due to increased interest income and reduced exchange losses[6] - Investment income surged by 852.17% to RMB 234,187.40, attributed to increased financial management income during the reporting period[6] - Research and development expenses for the first quarter were ¥17,389,267.16, up from ¥13,756,714.03, reflecting a focus on innovation[40] Market and Product Development - The company launched a new series of magnetic powder cores, anticipating market growth in the first half of the year due to the global inventory reduction in photovoltaic inverters and rapid growth in the electric vehicle and charging pile sectors[2] - The company's cash flow from operations is expected to improve significantly due to the cash settlement nature of the sales of magnetic inductors[37] - The sales of magnetic inductors have shown rapid growth, contributing significantly to the company's revenue structure and optimizing its business model[35] - The company aims to strengthen its market position in the metal soft magnetic materials industry through the development of magnetic inductors[37] Changes in Cash Activities - Cash received from investment activities decreased by 36.53% to ¥53,000,000.00 from ¥83,500,000.00, mainly due to the redemption of matured financial products[21] - Cash paid for investment activities decreased by 42.86% to ¥40,000,000.00 from ¥70,000,000.00, attributed to a reduction in the purchase of financial products[21] - Cash paid for debt repayment surged by 298.01% to ¥47,145,095.91 from ¥11,845,095.91, reflecting an increase in the repayment of maturing loans[21] - Cash inflow from financing activities increased to ¥40,402,167.60 from ¥36,384,337.33, indicating a growth of approximately 55%[49] - Cash outflow from financing activities rose to ¥52,173,616.02 from ¥18,291,281.73, marking a significant increase of about 186%[49] Inventory and Receivables - Accounts receivable rose to ¥442,057,232.15 from ¥402,731,812.71, indicating an increase in sales on credit[26] - Inventory decreased to ¥182,955,567.82 from ¥217,839,802.75, suggesting improved inventory management[26] - The prepayments rose by 95.31% to RMB 35,053,246.13, indicating increased material procurement[18]