江苏华辰(603097) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 250,762,587.16, representing a year-on-year increase of 16.40%[5] - The net profit attributable to shareholders for the same period was CNY 23,109,894.96, reflecting an increase of 84.34% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 21,997,554.77, up by 75.63% year-on-year[5] - The basic and diluted earnings per share were both CNY 0.1444, marking an increase of 84.18% from the same period last year[5] - The weighted average return on equity increased by 0.96 percentage points to 2.46%[5] - The total comprehensive income for Q1 2024 was 23,114,757.45 RMB, compared to 13,009,556.56 RMB in Q1 2023, marking an increase of approximately 77.6%[32] Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 1,714,639,857.93, a decrease of 3.61% from the end of the previous year[6] - Shareholders' equity attributable to the parent company increased by 2.49% to CNY 952,571,416.87[6] - Total liabilities decreased to RMB 759,113,222.48 from RMB 846,408,516.24, indicating a reduction of about 10.3%[18] - The company's total assets decreased to RMB 1,714,639,857.93 from RMB 1,778,830,283.08, reflecting a decline of about 3.6%[18] - The total equity attributable to shareholders rose to RMB 952,571,416.87 from RMB 929,461,521.91, reflecting an increase of approximately 2.3%[18] Cash Flow - The net cash flow from operating activities was negative at CNY -47,175,058.95, a significant decrease of 934.14% year-on-year[5] - Cash flow from operating activities showed a net outflow of ¥47,175,058.95, compared to a net inflow of ¥5,655,528.95 in Q1 2023[25] - The company's cash flow from financing activities showed a net increase of 39,048,255.01 RMB in Q1 2024, compared to 14,322,430.80 RMB in Q1 2023, highlighting improved financing efficiency[33] - The cash outflow for operating activities increased to 306,542,226.23 RMB in Q1 2024, compared to 227,962,751.47 RMB in Q1 2023, indicating a rise of approximately 34.3%[32] Investments and Expenses - Research and development expenses remained stable at ¥12,162,316.53, slightly up from ¥12,039,193.03 in Q1 2023[20] - The company's financial expenses increased significantly to CNY 1,681,421.61 from CNY 543,310.02, indicating a rise of 209.5%[30] - Investment activities generated a net cash inflow of ¥23,606,375.08, contrasting with a net outflow of ¥130,231,758.32 in Q1 2023[25] - The company received 185,252,874.99 RMB in cash related to investment activities, significantly up from 98,425,837.47 RMB in Q1 2023, representing an increase of approximately 88.0%[33] Current Assets - As of March 31, 2024, the total current assets amounted to RMB 1,362,078,923.80, a decrease from RMB 1,438,632,434.61 as of December 31, 2023, reflecting a decline of approximately 5.3%[16] - The cash and cash equivalents increased to RMB 128,592,990.43 from RMB 124,983,045.24, showing a growth of about 2.5%[16] - Accounts receivable decreased to RMB 706,399,741.16 from RMB 806,952,477.81, representing a decline of approximately 12.4%[16] - Inventory increased significantly to RMB 335,092,943.32 from RMB 281,976,916.38, marking an increase of around 18.8%[16] Borrowings - Short-term borrowings increased to RMB 275,179,907.49 from RMB 231,779,304.24, representing an increase of approximately 18.7%[18] - The company received 86,110,000.00 RMB from borrowings in Q1 2024, which is a 114.5% increase compared to 40,050,000.00 RMB in Q1 2023, indicating a stronger financing position[33]