Financial Performance - The company's revenue for Q1 2024 was ¥162,695,708.66, representing a 38.71% increase compared to ¥117,288,827.26 in the same period last year[5] - Net profit attributable to shareholders was ¥21,555,204.47, an increase of 86.10% from ¥11,582,513.70 year-on-year[5] - Basic earnings per share rose to ¥0.2970, up 86.09% from ¥0.1596 in the previous year[5] - Total operating revenue for Q1 2024 reached ¥162,695,708.66, an increase of 38.5% compared to ¥117,288,827.26 in the same period last year[20] - Net profit for Q1 2024 was ¥21,555,204.47, representing a 86.1% increase from ¥11,582,513.70 in Q1 2023[21] - The total comprehensive income for the first quarter of 2024 was CNY 21,555,091.95, compared to CNY 11,579,318.31 in the same period last year, representing an increase of approximately 86.1%[22] - Basic and diluted earnings per share for the first quarter were CNY 0.2970, up from CNY 0.1596 in the previous year, indicating an increase of 86.5%[22] Cash Flow and Liquidity - The net cash flow from operating activities was -¥8,878,005.31, a decrease of 154.66% compared to ¥16,242,091.74 in Q1 2023[9] - Cash and cash equivalents at the end of the period were ¥586,274,947.06, down from ¥630,455,540.87[18] - Cash flow from operating activities showed a net outflow of CNY 8,878,005.31, a significant decrease from a net inflow of CNY 16,242,091.74 in the same period last year[25] - Cash and cash equivalents at the end of the period were CNY 486,258,646.20, down from CNY 233,406,065.72 at the end of the previous year, reflecting a decrease of 108.3%[25] - The company reported cash inflows from operating activities totaling CNY 115,075,759.75, compared to CNY 119,188,681.29 in the previous year, a decrease of 3.5%[25] - Cash outflows for purchasing goods and services amounted to CNY 67,604,756.68, an increase from CNY 53,637,719.63 in the previous year, representing a rise of 25.9%[25] - Investment activities resulted in a net cash outflow of CNY 29,258,479.26, compared to a net inflow of CNY 33,947,529.69 in the previous year, indicating a significant shift in investment cash flow[25] - The company experienced a foreign exchange impact on cash and cash equivalents of CNY 686,213.21, contrasting with a negative impact of CNY 987,405.64 in the previous year[25] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥1,371,815,054.28, a 1.00% increase from ¥1,358,185,664.71 at the end of the previous year[5] - Total current assets amounted to ¥1,041,548,821.85, slightly up from ¥1,040,160,813.60, indicating a marginal increase of 0.1%[18] - Total liabilities decreased to ¥194,317,944.98 from ¥202,243,647.36, a reduction of 3.9%[19] - The company’s total liabilities decreased by 62.68% in notes payable, reflecting a shift in settlement methods with suppliers[8] - Accounts receivable increased to ¥231,581,109.08 from ¥224,502,406.48, reflecting a growth of 3.8%[18] - Inventory increased to ¥81,326,504.84 from ¥80,822,282.39, showing a growth of 0.6%[18] Research and Development - Research and development expenses increased by 41.44% to ¥6,983,433.03, reflecting the company's commitment to new product development[9] - Research and development expenses for Q1 2024 were ¥6,983,433.03, an increase of 41.3% compared to ¥4,937,347.19 in Q1 2023[21] Shareholder Information - The total number of common shareholders at the end of the reporting period is 5,872[11] - The top 10 shareholders hold a combined 71.28% of the company's total equity, with Jiangsu Junchen Investment Management Partnership holding 28.16%[12] - The company’s actual controllers, Ying Fa Xiang and Bo Yu Juan, together control 51,740,001 shares, accounting for 71.28% of the total equity[12] - The top shareholder, Jiangsu Junchen Investment Management Partnership, holds 20,441,794 shares[11] - The company has not reported any changes in the top 10 shareholders due to securities lending activities[12] Major Asset Restructuring - The company plans to issue shares and pay cash to acquire 33.75 million shares of Jiangsu Xintongda Electronic Technology Co., representing 75% of its total equity, as part of a major asset restructuring[14] - The company has received an inquiry letter from the Shenzhen Stock Exchange regarding the asset acquisition and is preparing to comply with regulatory requirements[15] - The company’s major asset restructuring does not constitute a change in control[14] - The company has initiated a cash and share issuance process to fund the acquisition, which is progressing smoothly[15] - The company has a total of 3,375,000 shares planned for acquisition, which will not lead to a change in control[14] Regulatory and Compliance - The company has not undergone an audit for the first quarter report, which may affect the reliability of the financial data presented[26] - The company is implementing new accounting standards starting in 2024, which may impact future financial reporting and performance metrics[26]
骏成科技(301106) - 2024 Q1 - 季度财报