万隆光电(300710) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥86,645,735.54, representing a 2.23% increase compared to ¥84,756,187.76 in the same period last year[5]. - Net profit attributable to shareholders reached ¥6,277,509.38, a significant increase of 877.90% from a loss of ¥806,977.12 in the previous year[5]. - Basic and diluted earnings per share improved to ¥0.0631, compared to a loss of ¥0.0081 per share in the same quarter last year, reflecting an increase of 879.01%[5]. - Total operating revenue for Q1 2024 was CNY 86,645,735.54, an increase of 2.23% compared to CNY 84,756,187.76 in Q1 2023[17]. - Net profit for Q1 2024 was CNY 6,553,929.49, a significant recovery from a net loss of CNY 772,783.42 in the same period last year[18]. - Earnings per share (EPS) for Q1 2024 was CNY 0.0631, compared to a loss per share of CNY 0.0081 in Q1 2023[19]. Cash Flow - The net cash flow from operating activities was ¥35,565,408.57, marking a 1,001.68% increase from a negative cash flow of ¥3,944,367.42 in the prior year[5]. - Cash flow from operating activities generated CNY 35,565,408.57, a turnaround from a negative cash flow of CNY -3,944,367.42 in Q1 2023[20]. - The net cash flow from investment activities was -58,866,492.60 CNY, compared to -16,987,622.70 CNY in the previous year[22]. - The net cash flow from financing activities was -4,502,832.08 CNY, compared to -6,410,809.43 CNY in the previous year[22]. - The company reported a cash decrease of 27,358,943.62 CNY during the quarter[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥919,076,749.14, up 2.78% from ¥894,248,051.42 at the end of the previous year[5]. - The company's total liabilities increased to CNY 233,884,928.40 from CNY 211,610,160.17, reflecting a growth of 10.48%[18]. - Total current liabilities increased from ¥204,273,431.88 to ¥226,554,322.57, an increase of about 10.9%[14]. - Total current assets increased from ¥429,798,013.05 to ¥444,270,500.65, reflecting a growth of about 3.5%[13]. Investments - The company reported a 305.96% increase in trading financial assets, primarily due to increased investments in financial products[9]. - Investment income increased by 106.70% compared to the previous year, due to losses from trading financial assets in the prior period[9]. - The company has ongoing investments in construction projects, with capitalized costs rising from ¥32,299,241.79 to ¥45,049,677.57[14]. - Research and development expenses were CNY 5,493,536.07, slightly up from CNY 5,251,143.27, indicating continued investment in innovation[17]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 9,170[11]. - The top 10 shareholders hold a combined 45.67% of the shares, with Xu Quanhai holding 13.88% and Fu Xiaotong holding 9.41%[11]. Other Financial Metrics - The company received government subsidies amounting to ¥217,433.59, which are closely related to its normal business operations[6]. - The company experienced a 31.71% decrease in notes receivable, attributed to reduced use of notes for settling payments[9]. - The company's cash and cash equivalents decreased from ¥98,946,980.21 to ¥71,588,036.51, a decline of approximately 27.6%[13]. - Inventory decreased from ¥58,250,850.32 to ¥48,674,232.35, a reduction of about 16.5%[13]. - The company reported a total of ¥5,546,407.62 in investment properties, showing a slight decrease from the previous period[14]. - The company has not undergone an audit for the first quarter report[23].