和晶科技(300279) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥530,444,392.81, representing a 31.70% increase compared to ¥402,775,066.27 in the same period last year[5] - Net profit attributable to shareholders decreased by 13.38% to ¥8,287,214.66 from ¥9,567,409.62 year-on-year[5] - Basic and diluted earnings per share fell by 15.08% to ¥0.0169 from ¥0.0199 in the same period last year[5] - Net profit for the quarter was ¥8,137,194.93, a decrease from ¥9,457,558.33, reflecting a decline of approximately 14%[27] - Operating profit increased to ¥14,438,154.63 from ¥13,304,453.58, showing a growth of about 8.5%[27] - Total operating costs amounted to ¥499,386,332.55, up from ¥393,922,665.29, indicating a rise of about 27%[26] Cash Flow - The net cash flow from operating activities surged by 531.40% to ¥33,784,446.11, up from ¥5,350,730.87 in the previous year[13] - Cash flow from operating activities generated a net amount of ¥33,784,446.11, significantly higher than ¥5,350,730.87 in the previous period[29] - The company reported a significant increase in cash inflow from operating activities, totaling ¥551,078,534.54, compared to ¥424,228,361.17 previously, marking an increase of approximately 30%[29] - Financing activities generated a net cash inflow of ¥35,133,181.43, a turnaround from a net outflow of ¥23,829,301.25 in the previous period[30] - Cash flow from financing activities improved significantly by 247.44%, reaching ¥35,133,181.43, mainly due to reduced bank borrowings and lower interest rates[14] Assets and Liabilities - Total assets decreased by 3.99% to ¥2,196,737,272.21 from ¥2,288,053,328.34 at the end of the previous year[5] - Current assets decreased from CNY 1,656,042,421.81 to CNY 1,567,545,689.87, a reduction of about 5.34%[23] - Total liabilities decreased from CNY 1,370,354,382.59 to CNY 1,270,901,131.53, a reduction of approximately 7.25%[24] - Non-current assets slightly decreased from CNY 632,010,906.53 to CNY 629,191,582.34, a decline of approximately 0.29%[24] - The equity attributable to the parent company increased from CNY 917,472,301.73 to CNY 925,759,516.39, reflecting a growth of about 0.14%[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 23,400[16] - The largest shareholder, Jingzhou Huihe Equity Investment Partnership, holds 17.05% of shares, totaling 83,370,000 shares[16] - Chen Bolin, a natural person, holds 9.17% of shares, with 44,856,287 shares frozen[16] - The total number of shares held by the top 10 shareholders is significant, with the top three alone accounting for over 29% of total shares[16] - The total number of shares held by the top 10 unrestricted shareholders is 83,370,000[16] - The company has a total of 10,114,478 restricted shares held by Huai Bei City Growth-type SME Fund, which are set to be released on December 29, 2025[19] - The company has no preferred shareholders or related changes in preferred stock holdings[18] - The company’s stock is not a subject of margin trading[17] - The company has not disclosed any other shareholder relationships or agreements among the top shareholders[17] - The company plans to maintain consistent actions with Jingzhou Huihe regarding voting rights for the shares held by Chen Bolin until March 25, 2026[17] Investment and Other Income - Investment income showed a drastic decline of 1028.79%, resulting in a loss of ¥18,141,602.35, primarily due to fluctuations in the stock price of an associated company[11] - The company experienced a 126.33% increase in other income, amounting to ¥4,253,485.07, attributed to tax deductions from advanced manufacturing policies[11] Construction and Assets - The company reported a significant increase in construction in progress, rising by 242.07% to ¥25,293,775.77, primarily due to the addition of unaccepted equipment[9] - Other non-current assets increased by 570.35% to ¥3,280,055.49, mainly due to an increase in prepaid equipment[9] Stock and Executive Shares - The company reported a total of CNY 40,224,621.00 in locked shares for executives, with a commitment to release on May 6, 2024[20] - The company has a commitment to lock 75% of the shares held by executives annually based on their total holdings at the end of the previous year[20] Market Activity - The company did not report any new product launches or significant market expansion strategies during this quarter[31]