浙江荣泰(603119) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 reached ¥215,401,061.32, representing a year-on-year increase of 40.38%[5] - Net profit attributable to shareholders was ¥46,833,582.91, reflecting a growth of 51.09% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥42,234,773.34, an increase of 62.41% year-on-year[5] - Total operating revenue for Q1 2024 reached ¥215,401,061.32, a 40.4% increase from ¥153,444,519.55 in Q1 2023[20] - Net profit for Q1 2024 was ¥46,833,582.91, representing a 51.1% increase compared to ¥30,997,237.34 in Q1 2023[21] - Basic and diluted earnings per share for Q1 2024 were both ¥0.17, an increase from ¥0.15 in Q1 2023[22] - The company reported a total comprehensive income of ¥46,824,059.26 for Q1 2024, compared to ¥30,932,580.39 in Q1 2023[21] - The total profit for Q1 2024 was CNY 46,596,810.70, an increase of 47.5% from CNY 31,599,209.69 in Q1 2023[31] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 39.16% to ¥13,210,581.01, primarily due to increased payments for materials and employee compensation[9] - Net cash flow from operating activities for Q1 2024 was ¥13,210,581.01, down from ¥21,714,232.47 in Q1 2023[24] - The net cash flow from investment activities was -24,550,150.20 RMB, compared to -13,692,660.58 RMB in the previous period, indicating a significant increase in cash outflow[25] - The net cash flow from financing activities was -11,018,183.07 RMB, compared to a positive flow of 21,143,056.72 RMB in the previous period, indicating a shift in financing strategy[25] - The company reported a cash inflow from financing activities of 23,600,000.00 RMB, primarily from borrowings[25] - The company's cash and cash equivalents at the end of the period were 999,589,259.83 RMB, down from 1,022,670,816.73 RMB, showing a decrease of about 2.3%[25] Assets and Liabilities - Total assets at the end of Q1 2024 amounted to ¥1,971,423,691.94, a slight increase of 0.85% from the end of the previous year[6] - Total assets reached RMB 1,971,423,691.94, up from RMB 1,954,868,559.02, marking an increase of about 0.84%[16] - Current liabilities totaled RMB 235,344,757.24, down from RMB 254,415,324.17, indicating a decrease of approximately 7.49%[16] - Total liabilities decreased to ¥273,773,106.42 in Q1 2024 from ¥293,426,557.57 in Q1 2023[20] - The total liabilities decreased from 217,524,536.62 RMB to 213,425,152.26 RMB, a reduction of approximately 1.6%[30] Expenses - Research and development expenses increased by 51.40% due to higher investment in R&D activities[8] - Sales expenses rose by 64.36%, attributed to increased employee compensation and marketing expenses[8] - The company experienced a 39.43% increase in operating costs, which was in line with the revenue growth[8] - Research and development expenses for Q1 2024 totaled ¥12,527,024.79, a 51.5% increase from ¥8,274,162.91 in Q1 2023[20] - The company's sales expenses rose to CNY 7,238,081.98, up 64.1% from CNY 4,410,461.66 in the previous year[31] - Financial expenses for Q1 2024 showed a significant improvement with a net income of -¥6,549,730.31 compared to a cost of ¥1,495,094.32 in Q1 2023[20] - The financial expenses showed a significant improvement, with a net income of -CNY 5,864,382.26 compared to CNY 1,245,434.60 in Q1 2023, primarily due to increased interest income[31] Shareholder and Market Information - The company has not reported any changes in major shareholders or significant shareholding activities during the reporting period[12] - The company is focusing on expanding its market presence and enhancing its product offerings, although specific new products or technologies were not detailed in the report[12] - There are no significant reminders or additional important information regarding the company's operational status during the reporting period[13]