兆丰股份(300695) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥151,866,994.47, representing an increase of 11.64% compared to ¥136,028,010.67 in the same period last year[5] - Net profit attributable to shareholders was ¥26,148,370.70, up 5.21% from ¥24,853,450.81 year-on-year[5] - The basic earnings per share increased by 5.71% to ¥0.37 from ¥0.35 in the previous year[5] - Total operating revenue for Q1 2024 reached ¥151,866,994.47, an increase of 11.6% compared to ¥136,028,010.67 in the same period last year[19] - Net profit for Q1 2024 was ¥23,254,337.10, a slight increase from ¥22,919,910.77, representing a growth of 1.5%[21] - Earnings per share for Q1 2024 were ¥0.37, compared to ¥0.35 in the previous year, indicating a 5.7% increase[22] Cash Flow - The net cash flow from operating activities surged by 275.89%, reaching ¥31,937,578.66 compared to ¥8,496,626.72 in Q1 2023[5] - Cash flow from operating activities for Q1 2024 was ¥31,937,578.66, significantly higher than ¥8,496,626.72 in Q1 2023, marking a growth of 276.5%[25] - The net cash flow from investment activities was -312,322,529.00 CNY, compared to -15,353,661.71 CNY in Q1 2023, indicating a significant increase in cash outflow[26] - The net cash flow from financing activities was 17,650,087.00 CNY in Q1 2024, compared to a cash outflow in the previous year, indicating a positive shift in financing[26] - The cash inflow from borrowing in Q1 2024 was 82,000,000.00 CNY, contributing to the overall financing activities[26] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥3,091,989,967.66, a decrease of 0.68% from ¥3,113,290,887.29 at the end of the previous year[5] - Total liabilities decreased to ¥534,158,461.96 from ¥578,713,718.69, a reduction of 7.7%[18] - Total current liabilities decreased from ¥513,665,083.16 to ¥465,525,271.37, a reduction of approximately 9.4%[17] - The company reported a total non-current asset increase from ¥747,579,112.35 to ¥1,039,917,959.78, an increase of about 39.0%[17] Shareholder Information - Total number of common shareholders at the end of the reporting period is 8,068[12] - The largest shareholder, Hangzhou Dazhaofeng Industrial Group Co., Ltd., holds 33.96% of shares, totaling 24,089,286 shares[12] - The total number of preferred shareholders at the end of the reporting period is 0[14] Expenses - Management expenses increased by 53.32% to ¥15,569,817.80, primarily due to higher depreciation and amortization costs[9] - Operating costs for Q1 2024 were ¥127,024,091.90, up from ¥114,654,958.87, reflecting a rise of 10.7% year-over-year[19] - Research and development expenses for Q1 2024 totaled ¥8,658,400.05, slightly up from ¥8,456,592.96, showing a year-over-year increase of 2.4%[19] Cash and Equivalents - The company's cash and cash equivalents decreased from ¥1,687,277,354.99 to ¥1,415,021,328.79, a decline of approximately 16.1%[15] - The total cash and cash equivalents at the end of Q1 2024 amounted to 1,321,958,019.01 CNY, down from 1,594,556,848.95 CNY at the end of Q1 2023, reflecting a decrease of approximately 17.1%[26] - The initial cash and cash equivalents balance at the beginning of Q1 2024 was 1,600,414,340.40 CNY, indicating a strong starting position despite the subsequent decrease[26] Other Information - The company reported a significant increase in prepayments by 58.35%, totaling ¥9,252,519.59 due to increased material payments[9] - The company reported a financial asset impairment loss of ¥2,061,612.53, compared to a loss of ¥1,896,152.22 in the previous year[21] - Other income for Q1 2024 was ¥1,931,729.01, down from ¥7,058,000.79, indicating a decline of 72.7% year-over-year[19] - The company has not disclosed any new product or technology developments in this report[14] - The company did not undergo an audit for the Q1 2024 report, which may affect the perception of financial reliability[28] - The company has adopted new accounting standards starting in 2024, which may impact future financial reporting and analysis[27]