兴森科技(002436) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 reached ¥1,388,466,963.69, representing a 10.92% increase compared to ¥1,251,755,215.11 in the same period last year[5] - Net profit attributable to shareholders was ¥24,822,701.22, a significant increase of 230.82% from ¥7,503,469.11 year-on-year[5] - The net profit after deducting non-recurring gains and losses surged to ¥23,926,610.95, marking a 2,500.78% increase from ¥919,979.45 in the previous year[5] - Basic earnings per share rose to ¥0.01, reflecting a 127.27% increase from ¥0.0044 in the previous year[5] - The company reported a total comprehensive loss of ¥105,659,897.45 for the current period, contrasting with a comprehensive income of ¥24,673,943.08 in the previous period[24] - Net profit for the current period was a loss of ¥27,382,529.20, compared to a loss of ¥2,406,905.13 in the previous period, indicating a significant decline[23] Cash Flow - The net cash flow from operating activities improved to ¥73,613,626.84, a 363.55% increase compared to a negative cash flow of -¥27,932,002.33 in the same period last year[5] - Cash inflow from operating activities totaled ¥1,493,200,946.39, an increase from ¥1,255,981,716.00 in the previous period[25] - The cash outflow from operating activities totaled 1,419,587,319.55 CNY, compared to 1,283,913,718.33 CNY in the previous year[26] - The cash flow from financing activities decreased by 61.06% to ¥74,413,835.50 compared to ¥191,091,484.39 in the previous year[10] - The net cash flow from investment activities was -362,263,348.70 CNY, slightly improved from -379,051,603.16 CNY in the previous year[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥14,656,850,698.29, a decrease of 1.87% from ¥14,935,398,718.36 at the end of the previous year[5] - The company's equity attributable to shareholders decreased by 1.56% to ¥5,250,897,581.11 from ¥5,333,940,140.88 at the end of the previous year[5] - Total liabilities decreased from RMB 8.63 billion to RMB 8.49 billion, a reduction of approximately 1.6%[20] - The company's long-term borrowings increased from RMB 2.93 billion to RMB 3.33 billion, an increase of approximately 13.7%[20] - The company's total equity decreased from RMB 6.31 billion to RMB 6.17 billion, a decline of approximately 2.2%[21] Investments and Acquisitions - The company recognized a significant increase in estimated liabilities, rising 2,632.08% due to the acquisition of IBR Leiterplatten GmbH & Co.KG shares by its subsidiary Fineline Global PTE Ltd.[8] - The company acquired a stake in IBR Leiterplatten GmbH & Co.KG, resulting in cash payments of ¥79,327,166.84 for subsidiary acquisitions[10] - The company adjusted the use of RMB 295 million of raised funds, reallocating it from the "Yixing Silicon Valley Printed Circuit Board Phase II Project" to acquire a 24% stake in Guangzhou Xinke[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 71,233[11] - Major shareholder Qiu Xingya holds 14.46% of shares, totaling 244,376,552 shares, with 55,450,000 shares pledged[12] - The company repurchased 2,400,000 shares, accounting for 0.14% of the total share capital, at a total cost of approximately RMB 31.11 million, with a maximum price of RMB 16.84 per share[15] Research and Development - Research and development expenses for Q1 2024 were ¥90,502,469.35, a decrease of 30.48% from ¥130,186,918.19 in the same period last year[9] - Research and development expenses were ¥90,502,469.35, down from ¥130,186,918.19 in the previous period, reflecting a 30.5% decrease[22] Other Financial Metrics - The company reported an investment income of ¥2,521,766.87, a substantial increase of 1,358.57% compared to a loss of -¥200,368.25 in the previous year[9] - The investment income from joint ventures and associates was ¥2,333,712.13, compared to ¥1,221,817.52 in the previous period, showing an increase of 91.2%[23] - The company experienced a significant increase in tax expenses, which rose to ¥38,440,431.21 from ¥19,463,812.58 in the previous period[23]