Financial Performance - The company's operating revenue for Q1 2024 was ¥159,103,744.38, representing a 20.72% increase compared to ¥131,797,242.77 in the same period last year[5] - Net profit attributable to shareholders increased by 82.13% to ¥17,278,120.19 from ¥9,486,710.72 year-on-year[5] - Basic and diluted earnings per share rose by 82.20% to ¥0.1177, compared to ¥0.0646 in the same period last year[5] - The total operating revenue for Q1 2024 was CNY 159,103,744.38, an increase of 20.7% compared to CNY 131,797,242.77 in Q1 2023[21] - The net profit for Q1 2024 reached CNY 17,278,120.19, representing a significant increase of 82.6% from CNY 9,486,710.72 in Q1 2023[23] - The company reported a total comprehensive income of CNY 16,939,550.41 for Q1 2024, compared to CNY 9,036,498.91 in Q1 2023, an increase of 87.5%[23] Cash Flow - The net cash flow from operating activities surged by 221.93% to ¥21,075,221.72, up from ¥6,546,581.64 in the previous year[5] - Operating cash inflow for the current period was $166,827,115.24, an increase of 14.5% from $145,622,435.55 in the previous period[25] - Net cash flow from operating activities was $21,075,221.72, significantly up from $6,546,581.64 in the prior period[25] - Cash inflow from investment activities totaled $258,161,505.22, down from $296,227,301.11, reflecting a decrease of 12.8%[25] - Net cash flow from investment activities improved to $42,923,067.18 from a negative $71,068,515.09 in the previous period[25] - Cash inflow from financing activities was $30,000,000.00, a decrease of 30.8% compared to $43,416,002.04 in the last period[26] - Net cash flow from financing activities was negative at -$25,933,304.48, contrasting with a positive $21,243,551.38 in the previous period[26] - The ending balance of cash and cash equivalents increased to $172,741,825.76 from $89,530,560.14, marking a significant recovery[26] - Cash received from investment recovery was $257,000,000.00, slightly down from $278,000,000.00 in the previous period[25] - Total cash outflow for investment activities was $215,238,438.04, down from $367,295,816.20, indicating a reduction of 41.4%[25] - The company reported a foreign exchange impact of $405,965.99 on cash and cash equivalents, compared to a negative impact of -$1,702,661.81 in the previous period[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,106,817,550.32, a slight decrease of 0.02% from ¥1,107,078,390.29 at the end of the previous year[5] - The total liabilities increased to CNY 197,813,522.03 from CNY 191,028,140.97, marking a rise of 3.9%[20] - The equity attributable to shareholders of the parent company decreased to CNY 909,004,028.29 from CNY 916,050,249.32, a decline of 0.5%[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 13,654, with no preferred shareholders[13] - The top 10 shareholders hold a total of 82.99% of the shares, with the largest shareholder, Wang Zheng, owning 22.14%[13] - The total number of shares held by the repurchase account is 2,191,600, accounting for 1.49% of the total shares[13] - The company has no preferred shareholders among the top 10 shareholders[14] - The company has no changes in the number of restricted shares during the reporting period[15] Operational Costs and Expenses - The total operating costs for Q1 2024 were CNY 139,989,496.12, up from CNY 124,726,604.18 in the same period last year, reflecting a growth of 12.2%[21] - Research and development expenses for Q1 2024 were CNY 7,495,239.80, slightly down from CNY 7,732,227.95 in the previous year[21] - The company’s income tax expense increased by 285.04% to ¥2,238,954.94, primarily due to a significant rise in taxable income[10] Asset Composition - Accounts receivable rose to ¥114,317,595.03 from ¥109,453,874.53, indicating an increase of about 4.0%[18] - Inventory increased to ¥158,582,379.95 from ¥154,357,033.92, reflecting a growth of approximately 2.9%[18] - The total current assets decreased to ¥572,584,101.57 from ¥596,698,618.78, a decline of about 4.0%[18] - Non-current assets remained stable, with fixed assets at ¥283,750,377.77, slightly up from ¥283,108,062.49[18]
东利机械(301298) - 2024 Q1 - 季度财报