DAYE(SZ:300879)2024-04-24 08:43Financial Performance - The company's operating revenue for Q1 2024 was ¥635,829,510.10, representing a 48.81% increase compared to ¥427,269,392.54 in the same period last year[4] - Net profit attributable to shareholders for Q1 2024 was ¥45,486,573.81, a significant increase of 178.56% from ¥16,329,078.76 in Q1 2023[4] - Total revenue for Q1 2024 reached ¥635,829,510.10, an increase of 48.8% compared to ¥427,269,392.54 in the same period last year[23] - Net profit for Q1 2024 was ¥45,486,573.81, compared to ¥16,329,078.76 in Q1 2023, reflecting a significant increase[23] - The total comprehensive income for Q1 2024 is CNY 45,837,699.17, up from CNY 14,701,027.46 in the same period last year, indicating a growth of about 212%[25] - Basic earnings per share for Q1 2024 is CNY 0.28, compared to CNY 0.10 in Q1 2023, reflecting a 180% increase[25] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 79.56%, amounting to ¥19,483,121.47 compared to ¥95,315,042.24 in the previous year[11] - Cash flow from operating activities for Q1 2024 is CNY 19,483,121.47, down from CNY 95,315,042.24 in Q1 2023, a decrease of approximately 79%[28] - Cash and cash equivalents increased to ¥942,413,309.39 from ¥719,267,873.45, a growth of 30.9%[21] - Cash and cash equivalents at the end of Q1 2024 amount to CNY 853,949,670.92, compared to CNY 192,242,329.25 at the end of Q1 2023, showing an increase of about 344%[28] - Cash inflow from financing activities in Q1 2024 is CNY 667,019,319.00, compared to CNY 427,727,943.61 in Q1 2023, representing a growth of approximately 56%[28] - Cash outflow for investing activities in Q1 2024 is CNY 72,277,037.04, down from CNY 105,634,295.38 in Q1 2023, indicating a decrease of about 32%[28] - The company reported a tax refund of CNY 24,605,765.85 in Q1 2024, compared to CNY 15,767,902.46 in Q1 2023, an increase of approximately 56%[27] Assets and Liabilities - The company's total assets increased by 10.64% to ¥3,425,856,834.10 from ¥3,096,302,961.95 at the end of the previous year[4] - Current assets increased to ¥2,025,438,095.23 from ¥1,744,675,095.99, marking a growth of 16.1%[21] - Current liabilities rose to ¥1,384,097,070.32, compared to ¥859,928,498.92 at the start of the year, indicating a 61.0% increase[21] - The company reported a significant decrease in inventory from ¥760,712,716.12 to ¥512,498,247.14, a reduction of 32.6%[21] Shareholder Information - The total equity attributable to shareholders increased by 2.55% to ¥839,263,779.24 from ¥818,377,211.04 at the end of the previous year[4] - The total number of common shareholders at the end of the reporting period is 13,337[12] - Zhejiang Jindaye Holdings Co., Ltd. holds 33.00% of shares, totaling 52,800,000 shares[12] - Hong Kong Gu Tai International Co., Ltd. holds 18.00% of shares, totaling 28,800,000 shares[12] - The top four shareholders are controlled by the same actual controller, Ye Xiaobo, indicating a unified action relationship[14] Convertible Bonds - The company has 764 convertible bonds converted into 5,501 shares during Q1 2024[16] - The remaining convertible bonds as of the end of Q1 2024 total 4,759,548 bonds, with a total face value of RMB 475,954,800[16] - The adjusted conversion price for the convertible bond "Daye Convertible Bond" is set at RMB 11.19 per share, effective from March 7, 2024[15] Future Plans and Strategies - The company plans to continue expanding its market presence in North America, driven by strong demand for new products[10] - The actual controller plans to increase shareholding by an amount not less than RMB 15 million and not exceeding RMB 30 million within six months starting from February 7, 2024[17] Other Information - The company has repurchased a total of 2,168,279 shares for the purpose of implementing an equity incentive plan[18] - The company has not undergone an audit for the Q1 2024 report[29] - The report was released on April 25, 2024[30]