Financial Performance - The company's revenue for Q1 2024 was CNY 302,454,736.84, representing a 23.05% increase compared to CNY 245,800,460.43 in the same period last year[5]. - Net profit attributable to shareholders was CNY 18,468,365.84, a 6.32% increase from CNY 17,369,818.74 year-on-year[5]. - Basic and diluted earnings per share were both CNY 0.09, down 25.00% from CNY 0.12 in the previous year[5]. - The company reported a net cash flow from operating activities of CNY 39,122,101.10, down from CNY 72,612,209.95 in Q1 2023[23]. - The total comprehensive income for Q1 2024 was CNY 18,555,154.82, compared to CNY 17,068,472.35 in Q1 2023, showing an increase of 8.69%[20]. - Net profit for Q1 2024 reached CNY 18,326,599.42, compared to CNY 17,369,818.74 in the same period last year, marking an increase of 5.52%[20]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,189,150,403.34, a slight increase of 0.11% from CNY 2,186,826,763.81 at the end of the previous year[5]. - Current assets totaled RMB 887,136,414.62, a decrease from RMB 929,148,188.60 in the previous period[15]. - Total liabilities decreased to RMB 647,812,458.16 from RMB 664,693,973.45[16]. - Total assets remained relatively stable at RMB 2,189,150,403.34 compared to RMB 2,186,826,763.81[16]. - Shareholders' equity increased to RMB 1,541,337,945.18 from RMB 1,522,132,790.36[16]. Cash Flow - The net cash flow from operating activities decreased by 46.12% to CNY 39,122,101.10, primarily due to increased material payments and reduced government subsidies[9]. - Cash and cash equivalents increased to RMB 430,445,645.02 from RMB 399,611,519.63[15]. - Cash and cash equivalents at the end of Q1 2024 totaled CNY 424,837,580.67, compared to CNY 34,653,264.49 at the end of Q1 2023, indicating a significant increase[24]. - The company reported a net cash flow from financing activities of CNY 10,433,128.92, a turnaround from a negative cash flow of CNY -37,835,658.12 in Q1 2023[23]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,209[11]. - The largest shareholder, Chen Kaisheng, holds 17.84% of the shares, amounting to 34,800,000 shares[11]. Operating Costs and Expenses - Total operating costs amounted to CNY 285,839,842.26, up from CNY 228,004,206.80, reflecting a growth of 25.5% year-over-year[19]. - Research and development expenses rose to CNY 9,053,692.67, up from CNY 5,490,633.37, reflecting a year-over-year increase of 64.5%[19]. Other Financial Metrics - Non-recurring gains and losses totaled CNY 2,059,135.39, including government subsidies of CNY 612,121.22[6]. - The company reported a decrease in government subsidy income and export tax rebates, impacting overall financial performance[9]. - The company achieved an investment income of CNY 4,604,277.78, compared to CNY 0.00 in Q1 2023, indicating successful investment strategies[19]. - Short-term borrowings increased to RMB 323,258,950.16 from RMB 303,715,839.33[16].
南王科技(301355) - 2024 Q1 - 季度财报