三雄极光(300625) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 397,087,289.85, representing a 1.90% increase compared to CNY 389,675,959.96 in the same period last year[4] - Net profit attributable to shareholders was CNY 14,195,320.84, a 21.20% increase from CNY 11,712,337.95 year-on-year[4] - The net profit excluding non-recurring gains and losses was CNY 5,247,321.37, showing a significant increase of 142.88% from CNY 2,160,456.23 in the previous year[4] - Basic and diluted earnings per share increased by 25.00% to CNY 0.05 from CNY 0.04 in the same quarter last year[4] - Total operating revenue for Q1 2024 was CNY 397,087,289.85, an increase of 1.06% compared to CNY 389,675,959.96 in the same period last year[26] - Net profit for Q1 2024 reached 14,195,320.84 CNY, compared to 11,712,337.95 CNY in Q1 2023, representing a year-over-year increase of about 21.26%[28] - Basic and diluted earnings per share for Q1 2024 were both 0.05 CNY, up from 0.04 CNY in the same period last year, indicating a 25% increase[29] - The total profit for Q1 2024 was 14,348,636.67 CNY, an increase from 13,688,647.33 CNY in Q1 2023, reflecting a growth of about 4.8%[28] Assets and Liabilities - The company's total assets decreased by 3.73% to CNY 3,262,196,084.00 from CNY 3,388,639,655.87 at the end of the previous year[4] - Total assets decreased to CNY 3,262,196,084.00 from CNY 3,388,639,655.87, a reduction of 3.72%[24] - Total liabilities decreased to CNY 1,046,667,422.57 from CNY 1,187,306,315.28, a decrease of 11.85%[24] - The company's inventory decreased to CNY 386,172,033.35 from CNY 400,156,219.59, a decline of 3.50%[22] - The total equity attributable to shareholders increased to CNY 2,215,528,661.43 from CNY 2,201,333,340.59, an increase of 0.64%[24] - Short-term borrowings increased to CNY 50,500,000.00 from CNY 30,500,000.00, an increase of 65.57%[23] - The company reported a decrease in accounts payable to CNY 186,884,650.56 from CNY 298,825,390.73, a decline of 37.47%[23] - The company’s long-term investments decreased to CNY 2,597,558.85 from CNY 2,973,781.27, a decrease of 12.59%[23] Cash Flow - Cash flow from operating activities improved by 20.05%, with a net outflow of CNY 76,780,954.34 compared to CNY 96,038,486.22 in the same period last year[4] - Cash flow from operating activities showed a net outflow of -76,780,954.34 CNY in Q1 2024, an improvement from -96,038,486.22 CNY in Q1 2023[31] - Cash flow from investing activities generated a net inflow of 13,819,740.26 CNY in Q1 2024, compared to 86,623,407.92 CNY in Q1 2023, indicating a significant decrease in investment cash flow[31] - Cash and cash equivalents decreased to CNY 297,112,276.26 from CNY 340,254,956.32, representing a decline of 12.67%[22] - Cash and cash equivalents at the end of Q1 2024 totaled 263,247,479.50 CNY, down from 389,195,084.45 CNY at the end of Q1 2023, a decline of approximately 32.3%[32] Government Subsidies and Investment Income - The company received government subsidies amounting to CNY 3,313,771.66, which is a decrease of 34.62% compared to CNY 5,068,553.37 in the previous year[11] - Investment income increased by 69.43% to CNY 7,020,141.80 from CNY 4,143,275.58 year-on-year, attributed to higher returns from financial products[11] - The company reported investment income of 7,020,141.80 CNY in Q1 2024, compared to 4,143,275.58 CNY in Q1 2023, showing a growth of approximately 69.3%[27] - Investment income received in cash rose by 69.43% to ¥7,020,141.80, driven by an increase in matured financial products during the reporting period[13] Expenses and Costs - Research and development expenses for Q1 2024 were 15,268,364.28 CNY, slightly up from 14,789,921.03 CNY in Q1 2023, reflecting a focus on innovation[27] - Total operating costs increased to 394,129,964.78 CNY in Q1 2024 from 387,791,748.27 CNY in Q1 2023, marking a rise of about 1.3%[27] Other Financial Information - The company received cash related to operating activities amounting to ¥10,188,368.37, a decrease of 33.47% compared to the previous year[13] - Cash paid for purchasing goods and services was ¥141,784,117.54, down 37.59% year-on-year due to a decrease in raw material prices and procurement volume[13] - Cash recovered from investments increased by 31.77% to ¥516,547,182.00, attributed to a higher maturity amount of financial products compared to the previous year[13] - Cash paid for acquiring fixed assets and other long-term assets decreased by 87.43% to ¥309,376.68, reflecting reduced investment compared to the previous year[13] - Cash paid for investments increased by 66.91% to ¥495,881,121.03, as the company continued to purchase financial products[13] - The company received ¥50,000,000.00 in cash from borrowings, marking a 100% increase as it involved bank acceptance bills issued by companies within the consolidation scope[13] - Cash repaid for debts amounted to ¥30,000,000.00, also a 100% increase, related to bank acceptance bills[13] - No dividends or interest payments were made during the reporting period, contrasting with the previous year's payment of ¥60,259.01[13] - The total number of ordinary shareholders at the end of the reporting period was 19,985[16] Audit and Accounting Standards - The first quarter report has not been audited[33] - The new accounting standards will be implemented starting in 2024[34]