Hamaton(300643)2024-04-24 14:25Financial Performance - The company's revenue for Q1 2024 was ¥279,229,483.09, representing a 15.23% increase compared to ¥242,332,306.09 in the same period last year[5] - Net profit attributable to shareholders increased by 81.12% to ¥27,085,582.05 from ¥14,954,390.74 year-on-year[5] - Basic earnings per share rose by 71.43% to ¥0.12, up from ¥0.07 in the same period last year[5] - Net profit for Q1 2024 was ¥28,613,141.00, representing a 76.5% increase from ¥16,196,783.72 in the same period last year[23] - Earnings per share (EPS) for Q1 2024 was ¥0.12, compared to ¥0.07 in Q1 2023, indicating a 71.4% increase[24] - The comprehensive income for Q1 2024 was ¥21,816,322.62, significantly higher than ¥7,256,631.03 in Q1 2023[24] Cash Flow - The net cash flow from operating activities improved significantly to ¥71,408,431.76, a 687.83% increase from a negative cash flow of ¥12,147,818.13 in the previous year[5] - Cash flow from operating activities was ¥272,107,779.74, compared to ¥251,507,448.58 in the previous period, showing an increase of 8.2%[26] - The total cash outflow from operating activities was ¥230,252,352.97, down from ¥302,799,076.79 in the previous year[27] - The company reported a net cash flow from investment activities of ¥6,596,320.81, recovering from a net outflow of ¥81,639,381.36 in Q1 2023[27] - Cash and cash equivalents at the end of Q1 2024 stood at ¥281,332,573.71, compared to ¥117,032,547.63 at the end of Q1 2023[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,397,827,314.08, a decrease of 1.18% from ¥1,414,514,678.48 at the end of the previous year[5] - The total liabilities decreased to ¥314,126,363.38 from ¥346,222,319.79, a reduction of approximately 9.3%[20] - The total non-current assets as of March 31, 2024, are ¥618,882,246.08, down from ¥635,891,004.28, a decrease of about 2.7%[19] - The company’s long-term borrowings decreased by 66.01% to ¥6,477,905.00, down from ¥19,058,560.00, due to repayments made during the period[9] Income and Expenses - Total operating revenue for Q1 2024 reached ¥279,229,483.09, an increase of 15.2% compared to ¥242,332,306.09 in Q1 2023[22] - Total operating costs amounted to ¥246,358,181.90, up from ¥225,362,496.52, reflecting a growth of 9.2%[22] - The company experienced a 29.25% increase in selling expenses, totaling ¥14,967,733.22, attributed to the recovery of overseas exhibitions and rising labor costs[11] - The company’s income tax expense increased by 142.47% to ¥7,764,866.20, reflecting a recovery in the valve and TPMS business[11] - Research and development expenses for Q1 2024 were ¥12,821,079.63, slightly up from ¥12,158,621.50, indicating a focus on innovation[23] Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,021, with no preferred shareholders having restored voting rights[14] - The largest shareholder, Hangzhou Wantong Zhikong Holdings Co., Ltd., holds 43.69% of shares, amounting to 100,495,279 shares, with 13,050,000 shares pledged[14] - The company reported a total of 51,900 shares held through a regular securities account and 1,157,100 shares through a margin account by shareholder Ding Maoguo[16] - The company has no preferred shareholders or changes in restricted shares during the reporting period[16] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[23]