宇瞳光学(300790) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 reached ¥568,652,493.05, representing a 38.47% increase compared to ¥410,671,618.86 in the same period last year[6] - Net profit attributable to shareholders surged by 294.04% to ¥40,261,642.91 from ¥10,217,773.62 year-on-year[6] - The basic earnings per share increased to ¥0.13, a 333.33% rise from ¥0.03 in the previous year[6] - Total operating revenue for Q1 2024 reached ¥568,652,493.05, a significant increase of 38.4% compared to ¥410,671,618.86 in the same period last year[21] - The company's net profit margin improved, with net profit for the period increasing to ¥28,636,407.91 from ¥19,846,435.83, representing a growth of 44.2%[21] - The net profit for Q1 2024 was CNY 46,665,562.16, a significant increase from CNY 9,627,874.12 in Q1 2023, representing a growth of approximately 385%[22] - The total comprehensive income for Q1 2024 was CNY 46,959,414.49, compared to CNY 9,589,490.49 in Q1 2023, marking an increase of approximately 389%[23] Cash Flow and Assets - Operating cash flow net amount decreased by 17.57% to ¥98,407,982.90 from ¥119,381,414.02[6] - Cash and cash equivalents at the end of the period increased to ¥541,732,799.45 from ¥504,286,401.18, marking a rise of 7.4%[18] - Cash flow from operating activities was CNY 98,407,982.90, down from CNY 119,381,414.02 in the same period last year, a decrease of approximately 17.5%[24] - The company reported a cash and cash equivalents balance of CNY 482,625,880.32 at the end of Q1 2024, an increase from CNY 342,604,428.76 at the end of Q1 2023, representing a growth of about 40.9%[25] - The company incurred a net cash outflow from investing activities of CNY 61,172,516.22, an improvement from a net outflow of CNY 110,286,070.21 in the previous year[25] Costs and Expenses - The company experienced a 36.49% increase in operating costs, totaling ¥448,655,639.16, primarily due to increased sales volume[10] - Total operating costs for Q1 2024 were ¥540,016,085.14, up from ¥408,825,183.03, reflecting a year-over-year increase of 32.1%[21] - The company reported a significant increase in R&D expenses, which rose to ¥24,449,444.59 from ¥22,980,413.54, an increase of 6.4%[21] - The company’s income tax expense rose by 390.54% to ¥3,529,656.38, reflecting the increase in profits[10] - The company reported a tax expense of CNY 3,529,656.38 for Q1 2024, compared to CNY 719,548.43 in Q1 2023, indicating an increase of approximately 389%[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,297, with no preferred shareholders[13] - The company repurchased a total of 2,429,000 shares at a total cost of 21,090,165 RMB as of March 31, 2024[16] - The total number of restricted shares increased to 89,137,592 shares, with 2,700,000 shares released from restriction during the period[15] - The company has a commitment to release restricted shares annually at a rate of 25% of the total shares held by executives[15] - The company’s board approved a share repurchase plan to maintain company value and protect shareholder interests[16] - The total number of shares held by the top 10 shareholders remains stable, reflecting consistent ownership structure[14] Investments and Acquisitions - Cash outflow for acquiring subsidiaries was ¥43,067,825.45, indicating ongoing expansion through acquisitions[11] - The company reported a 2267.81% increase in investment income to ¥373,314.48, resulting from returns on bank wealth management products[10] - Cash received from investment redemption amounted to ¥100,000,000.00, marking a significant inflow from financial product redemptions[11] - Cash received from investment income increased dramatically by 232060.75% to ¥373,314.48, driven by higher returns from bank financial products[11] Financial Strategy and Governance - The company’s financial strategy includes using its own funds for share repurchase to enhance shareholder value[16] - The company’s governance meetings were held to discuss and approve key financial strategies, including share repurchase[16] - The company is committed to adhering to regulations regarding the release of restricted shares as per its equity incentive commitments[15] - The company’s executive shareholding structure includes various lock-up periods and release schedules[15]