NFLG(SH:603280)2024-04-24 09:22Financial Performance - The company's operating revenue for Q1 2024 was CNY 188,190,520.07, representing a year-on-year increase of 13.36%[5] - The net profit attributable to shareholders for the same period was CNY 8,757,705.2, reflecting a growth of 12.32% compared to the previous year[5] - The net profit for Q1 2024 was CNY 8,757,705.20, an increase of 12.3% compared to CNY 7,796,781.41 in Q1 2023[20] - Basic and diluted earnings per share for Q1 2024 were CNY 0.08, up from CNY 0.07 in Q1 2023, reflecting a 14.3% increase[21] - Operating profit for Q1 2024 was CNY 6,222,768.79, compared to CNY 5,487,706.97 in Q1 2023, representing a growth of 13.4%[20] - The total profit before tax for Q1 2024 was CNY 8,327,639.61, an increase of 21.4% from CNY 6,861,348.85 in Q1 2023[20] Cash Flow and Investments - The net cash flow from operating activities was CNY 6,326,494.19, showing a decline of 11.27% year-on-year[5] - Cash flow from operating activities for Q1 2024 was CNY 6,326,494.19, down from CNY 7,129,960.01 in Q1 2023, indicating a decrease of 11.3%[23] - The company reported a decrease in cash received from operating activities, totaling CNY 305,459,402.37 in Q1 2024, down from CNY 320,108,755.02 in Q1 2023[22] - Cash and cash equivalents as of March 31, 2024, were ¥425,598,507.61, down from ¥501,557,517.99 at the end of 2023, indicating a decrease of 15.1%[13] - Cash and cash equivalents at the end of Q1 2024 totaled CNY 124,406,334.67, a decrease from CNY 466,237,825.56 at the end of Q1 2023[24] - Total cash inflow from investment activities in Q1 2024 was CNY 730,128,097.09, compared to CNY 902,425,361.42 in Q1 2023, showing a decline of 19.1%[23] - The net cash flow from investment activities for Q1 2024 was -CNY 82,101,342.91, a significant drop from CNY 192,578,832.06 in Q1 2023[23] - The company experienced a cash outflow from financing activities of CNY 1,023,550.00 in Q1 2024, compared to CNY 10,190,423.66 in Q1 2023, indicating a reduction of 90%[24] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 2,038,589,435.15, an increase of 1.08% from the end of the previous year[6] - The company's total assets as of March 31, 2024, were ¥2,038,589,435.15, compared to ¥2,016,894,333.55 at the end of 2023, showing a slight increase[15] - Total liabilities as of March 31, 2024, were ¥775,177,149.13, up from ¥762,700,112.06 at the end of 2023[16] - The company reported a total equity of ¥1,263,412,286.02 as of March 31, 2024, compared to ¥1,254,194,221.49 at the end of 2023, reflecting a growth of 0.7%[16] - Shareholders' equity attributable to the parent company was CNY 1,263,412,286.02, up by 0.73% compared to the previous year-end[6] Costs and Expenses - Total operating costs for Q1 2024 were ¥185,378,253.96, up from ¥165,801,288.28 in Q1 2023, reflecting a year-over-year increase of 11.8%[19] - Research and development expenses for Q1 2024 amounted to ¥18,428,171.26, an increase of 14.4% from ¥16,108,822.57 in Q1 2023[19] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 47.14%, amounting to CNY 1,453,517.72[5][9] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,225[10] - The weighted average return on equity was 0.70%, an increase of 0.03 percentage points compared to the previous year[5] - The company received government subsidies amounting to CNY 3,036,363.01, which contributed to the increase in other income[7]