美格智能(002881) - 2024 Q1 - 季度财报

Financial Performance - The company reported a revenue of CNY 574.45 million for Q1 2024, an increase of 29.65% compared to CNY 443.09 million in the same period last year[5]. - Net profit attributable to shareholders was CNY 6.47 million, a decrease of 64.33% from CNY 18.13 million year-on-year[5]. - Total operating revenue for Q1 2024 reached ¥574,454,894.09, an increase of 29.7% compared to ¥443,094,401.12 in Q1 2023[21]. - Net profit for Q1 2024 was ¥5,821,693.53, a decrease of 67.6% from ¥17,960,124.29 in Q1 2023[22]. - The net profit attributable to the parent company for Q1 2024 was CNY 6,466,907.53, a decrease from CNY 18,131,965.85 in Q1 2023, representing a decline of approximately 64.3%[23]. - The total comprehensive income attributable to the parent company for Q1 2024 was CNY 6,706,182.86, down from CNY 17,290,561.98 in the same period last year, reflecting a decrease of about 61.2%[23]. - Basic and diluted earnings per share for Q1 2024 were both CNY 0.02, down from CNY 0.07 in Q1 2023, a decline of approximately 71.4%[23]. Revenue Breakdown - Overseas revenue grew to CNY 226 million, up 53.74% from CNY 147 million year-on-year, accounting for 39.37% of total revenue[6]. - Domestic revenue was CNY 348 million, reflecting a growth of 17.57% from CNY 296 million in the same period last year[6]. Cash Flow and Liquidity - The net cash flow from operating activities reached CNY 17.26 million, a significant increase of 142.71% compared to a negative cash flow of CNY 40.40 million in the previous year[5][10]. - Operating cash inflow for Q1 2024 was CNY 693,436,965.10, compared to CNY 407,639,684.39 in Q1 2023, indicating an increase of approximately 70.1%[25]. - The net cash flow from operating activities for Q1 2024 was CNY 17,256,911.87, a significant improvement from a net outflow of CNY 40,402,948.42 in Q1 2023[25]. - Cash and cash equivalents at the end of Q1 2024 totaled CNY 486,619,626.57, down from CNY 655,146,723.00 at the end of Q1 2023, a decrease of about 26.0%[26]. - The company received CNY 21,866,248.99 in tax refunds during Q1 2024, compared to CNY 17,533,724.77 in the previous year, an increase of about 24.5%[25]. Expenses and Costs - Total operating costs for Q1 2024 were ¥566,901,370.28, up 34.6% from ¥421,057,501.97 in the same period last year[22]. - Research and development expenses increased by CNY 4.45 million compared to the same period last year, with total expenses for R&D, management, and sales rising by CNY 4.43 million[6]. - Research and development expenses in Q1 2024 amounted to ¥48,445,968.99, an increase of 10.4% compared to ¥43,991,077.72 in Q1 2023[22]. Assets and Liabilities - The company’s total assets at the end of the reporting period were CNY 2.59 billion, a 20.98% increase from CNY 2.14 billion at the end of the previous year[5]. - Total liabilities increased to ¥1,134,173,879.49 in Q1 2024, up 70.5% from ¥664,929,628.70 in Q1 2023[19]. - The company's total assets as of Q1 2024 were ¥2,594,654,426.19, compared to ¥2,144,720,838.93 at the end of Q1 2023, reflecting a growth of 20.9%[19]. Shareholder Information - The top ten shareholders hold a combined 39.13% of the shares, with the largest shareholder, Wang Ping, owning 39.13%[12]. - The company has repurchased a total of 1,429,150 shares, representing 0.55% of the total share capital, with a total expenditure of RMB 26,248,275.80, indicating active management of share capital[15]. - The company plans to repurchase shares with a total fund not less than RMB 25 million and not exceeding RMB 50 million, with a maximum repurchase price of RMB 37.50 per share, within a 12-month period[14]. - The company has a share buyback account holding 3,692,444 shares, which accounts for 1.41% of the total share capital[13]. - There are no reported changes in the shareholding structure of the top ten shareholders due to margin trading activities[13]. Strategic Focus - The company has identified a significant increase in liquidity, with current assets primarily consisting of cash, which is crucial for future investments and operational flexibility[17]. - The company’s financial strategy includes a focus on share repurchase as a means to enhance shareholder value and manage equity effectively[14]. - The company has not disclosed any new product developments or technological advancements in this quarter's report, focusing instead on financial metrics and shareholder structure[16]. - The company has not indicated any plans for market expansion or mergers and acquisitions in the current report[16]. Borrowings and Financing - Short-term borrowings increased significantly to CNY 378.52 million, a rise of 7,445.71% compared to CNY 0.50 million at the beginning of the period[11]. - The company reported a cash inflow from financing activities of CNY 330,797,156.38 in Q1 2024, compared to CNY 629,397,064.12 in Q1 2023, reflecting a decrease of approximately 47.3%[25].