长龄液压(605389) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 225,261,208.29, representing a year-on-year increase of 10.46%[5] - The net profit attributable to shareholders for the same period was CNY 33,370,170.26, reflecting a growth of 26.19% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 29.03%, amounting to CNY 31,513,528.16[5] - The basic earnings per share for Q1 2024 was CNY 0.23, up by 21.05% year-on-year[5] - In Q1 2024, the company reported a net profit of CNY 38,383,288.25, an increase of 45.0% compared to CNY 26,444,758.91 in Q1 2023[24] - The operating profit for Q1 2024 was CNY 43,631,039.51, up 44.2% from CNY 30,269,424.50 in the same period last year[24] - Revenue from sales of goods and services reached CNY 206,397,847.40, a 49.2% increase from CNY 138,260,186.53 in Q1 2023[28] - The company recorded a total comprehensive income of CNY 38,383,288.25, compared to CNY 26,444,758.91 in the previous year, indicating a strong performance[25] Cash Flow and Liquidity - The net cash flow from operating activities reached CNY 34,800,984.87, showing a significant increase of 57.46%[5] - The net cash flow from operating activities was CNY 34,800,984.87, an increase of 57.5% compared to CNY 22,101,971.42 in Q1 2023[28] - The company's investment activities resulted in a net cash outflow of CNY 21,317,587.08, contrasting with a net inflow of CNY 17,275,689.56 in Q1 2023[29] - The cash and cash equivalents at the end of Q1 2024 amounted to CNY 800,409,268.46, an increase from CNY 712,677,962.66 at the end of Q1 2023[29] - The total cash outflow from operating activities in Q1 2024 was $101,098,026.55, slightly down from $104,565,509.37 in Q1 2023[38] - The net increase in cash and cash equivalents for Q1 2024 was $9,482,012.26, down from $37,260,420.51 in Q1 2023, indicating a decline of approximately 75%[38] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,428,508,045.72, a decrease of 3.79% from the end of the previous year[6] - Total assets decreased from RMB 2,524,084,002.06 on December 31, 2023, to RMB 2,428,508,045.72 as of March 31, 2024[19] - Total liabilities decreased from RMB 360,155,009.96 to RMB 229,195,765.37 during the same period[20] - The total assets decreased to ¥2,252,189,393.90 in Q1 2024 from ¥2,312,241,879.57 in Q1 2023, a decline of 2.6%[33] - The total liabilities decreased significantly from ¥224,747,483.39 in Q1 2023 to ¥142,164,600.07 in Q1 2024, a reduction of 36.7%[33] Shareholder Equity - The equity attributable to shareholders increased by 1.58% to CNY 2,143,525,190.61[6] - The company's equity attributable to shareholders increased from RMB 2,110,155,020.35 to RMB 2,143,525,190.61[20] - The company's total equity rose to ¥2,110,024,793.83 in Q1 2024 from ¥2,087,494,396.18 in Q1 2023, an increase of 1.1%[33] Research and Development - The company's R&D expenses rose to CNY 9,300,392.65, reflecting a 6.9% increase from CNY 8,689,387.20 in Q1 2023[24] - The company's research and development expenses for Q1 2024 were ¥6,464,558.74, down from ¥7,764,260.62 in Q1 2023, a decrease of 16.7%[34] Inventory and Sales - The company reported a decline in excavator sales by 13.1% year-on-year, impacting revenue from related products[14] - Inventory as of March 31, 2024, was RMB 200,606,551.02, up from RMB 191,880,260.29 at the end of 2023[18] - The company's inventory increased to ¥127,187,170.73 in Q1 2024 from ¥115,244,993.28 in Q1 2023, an increase of 10.5%[32] Government Subsidies - The company recognized government subsidies amounting to CNY 1,804,913.97, which are closely related to its normal business operations[7] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,845[11]