新劲刚(300629) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 130,786,486.87, representing an increase of 11.05% compared to CNY 117,776,324.77 in the same period last year[5] - Net profit attributable to shareholders for Q1 2024 was CNY 41,462,877.36, up 15.63% from CNY 35,857,639.91 in Q1 2023[5] - The company's basic earnings per share for Q1 2024 was CNY 0.17, an increase of 13.33% from CNY 0.15 in Q1 2023[5] - Operating profit increased to ¥50,372,968.19, up from ¥41,453,400.32, reflecting a growth of 21.5%[23] - Net profit for the current period was ¥42,658,258.12, representing a 18.9% increase from ¥35,857,639.91 in the previous period[23] Cash Flow and Assets - The net cash flow from operating activities improved to -CNY 35,854,822.04, a 35.65% increase compared to -CNY 55,721,952.72 in the previous year[5] - Cash and cash equivalents decreased to CNY 236,859,913.97 from CNY 329,449,253.84, representing a decline of approximately 28%[18] - Cash and cash equivalents at the end of the period totaled ¥229,668,255.64, down from ¥322,159,897.02 at the beginning of the period[27] - Total assets at the end of Q1 2024 were CNY 1,986,566,181.46, reflecting a 1.23% increase from CNY 1,962,396,423.72 at the end of the previous year[5] Liabilities and Equity - Total liabilities decreased to CNY 291,685,866.62 from CNY 302,123,639.38, reflecting a reduction of approximately 3%[19] - The company's total equity attributable to shareholders increased by 2.06% to CNY 1,659,004,310.40 compared to CNY 1,625,592,160.66 at the end of the previous year[5] - The company's equity attributable to shareholders rose to CNY 1,659,004,310.40 from CNY 1,625,592,160.66, marking an increase of about 2%[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 19,024[11] - The largest shareholder, Wang Gang, holds 16.59% of shares, totaling 41,431,580 shares, with 10,031,165 shares pledged[11] - The company has 3,000,000 shares under lock-up due to non-public issuance, which will be released 6 months after the issuance[13] - The total number of shares with limited sales at the end of the period is 51,415,415 shares, with 12,300,000 shares newly added[14] - The top 10 shareholders hold a significant portion of shares, with the top three alone accounting for over 22% of total shares[11] Operational Changes - The company reported a significant increase in prepayments, which rose by 342.86% to CNY 2,938,790.93, primarily due to increased advance payments for raw material purchases[8] - The company’s short-term borrowings decreased by 60.01% to CNY 2,001,500.00, attributed to timely repayment of bank loans[8] - The company’s research and development expenses decreased by 33.83% to CNY 8,284,371.04, due to variations in project progress and reduced share-based payment costs[8] - The company recorded a 204.29% increase in other income to CNY 246,652.89, mainly due to increased VAT deductions[8] Future Plans and Agreements - The company signed a project cooperation agreement for the "New Jinkang (Zhangcha) Electronic Information Industry Park" to enhance industrial integration and investment[15] - The company established a tripartite supervision agreement for raised funds with multiple financial institutions[15] - The company plans to continue expanding its market presence and investing in new technologies and products[15]