DIBAY(SH:603320)2024-04-24 09:56Financial Performance - The company's operating revenue for Q1 2024 was CNY 234,677,094.05, representing a year-on-year increase of 17.40%[5] - The net profit attributable to shareholders for Q1 2024 was CNY 14,303,342.96, reflecting a significant increase of 156.32% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 13,606,760.47, up by 172.87% year-on-year[5] - The basic earnings per share for Q1 2024 was CNY 0.11, which is an increase of 175.00% compared to the previous year[5] - The diluted earnings per share for Q1 2024 was also CNY 0.11, marking a 175.00% increase year-on-year[5] - The company achieved a total revenue of 234.68 million yuan in Q1 2024, representing a 17.40% increase compared to the same period last year[13] - Net profit attributable to shareholders reached 14.30 million yuan, a significant increase of 156.32% year-over-year[13] - The net profit for Q1 2024 was CNY 14,305,812.38, a significant increase of 155.5% compared to CNY 5,598,754.06 in Q1 2023[22] - The basic and diluted earnings per share for Q1 2024 were both CNY 0.11, up from CNY 0.04 in the same period last year, representing a 175% increase[22] - The total comprehensive income for Q1 2024 was CNY 14,305,812.38, reflecting a 155.5% increase from CNY 5,598,754.06 in Q1 2023[22] Cash Flow and Investments - The net cash flow from operating activities was CNY 37,145,452.43, showing a growth of 12.85% compared to the same period last year[5] - Cash flow from operating activities for Q1 2024 was CNY 37,145,452.43, an increase of 12.4% from CNY 32,916,784.21 in Q1 2023[26] - The company reported cash inflows from operating activities totaling CNY 165,114,112.85, compared to CNY 153,802,195.60 in the previous year, indicating a growth of 7.3%[26] - The net cash flow from investing activities was negative at CNY -5,145,000.92, a decrease from a positive CNY 45,650,722.67 in Q1 2023[27] - The company recorded a cash inflow of CNY 500,000.00 from financing activities in Q1 2024, compared to no inflow in Q1 2023[27] - The company’s operating cash outflows totaled CNY 127,968,660.42 in Q1 2024, an increase from CNY 120,885,411.39 in Q1 2023[26] Assets and Liabilities - The total assets at the end of Q1 2024 were CNY 1,325,944,786.99, an increase of 2.18% from the end of the previous year[6] - The equity attributable to shareholders at the end of Q1 2024 was CNY 837,881,641.42, reflecting a growth of 1.74% from the end of the previous year[6] - Total assets as of March 31, 2024, amounted to 1.33 billion yuan, up from 1.30 billion yuan at the end of 2023[18] - Total liabilities as of March 31, 2024, were 488.70 million yuan, compared to 474.66 million yuan at the end of 2023[18] - The company's cash and cash equivalents increased to 204.02 million yuan from 171.24 million yuan year-over-year[16] - Total cash and cash equivalents at the end of Q1 2024 amounted to CNY 204,023,134.32, down from CNY 363,338,886.30 at the end of Q1 2023[27] Sales and Production - The company sold 3.79 million motors during the reporting period, marking a 13.13% growth compared to the previous year[12] - The company attributed the significant increase in net profit to higher sales volume and revenue growth from new product lines[8] Research and Development - Research and development expenses for Q1 2024 were 10.35 million yuan, slightly down from 10.91 million yuan in the same quarter last year[21] Operating Profit - The company's operating profit for Q1 2024 was 17.78 million yuan, compared to 7.26 million yuan in Q1 2023[21] Tax Refunds - The company received CNY 1,845,534.40 in tax refunds during Q1 2024, compared to CNY 413,071.13 in the same period last year, marking a growth of 345.5%[26] Shareholding Plans - The company plans to increase its shareholding by 20 million yuan within six months starting from February 8, 2024[13]