Financial Performance - The company's revenue for Q1 2024 reached ¥432,075,101.82, representing a 78.20% increase compared to ¥242,461,618.88 in the same period last year[4] - Net profit attributable to shareholders was ¥107,479,947.57, up 102.22% from ¥53,149,578.58 year-over-year[4] - Basic earnings per share rose to ¥1.06, a 100% increase from ¥0.53 in the same quarter last year[4] - The company reported a significant increase in operating profit, which reached ¥126,199,069.20, up 109.67% from ¥60,189,575.22 in the previous year[10] - Total operating revenue for Q1 2024 reached CNY 432,075,101.82, a significant increase of 78.3% compared to CNY 242,461,618.88 in the same period last year[18] - Net profit for Q1 2024 was CNY 107,479,947.57, representing a 102.4% increase from CNY 53,149,578.58 in Q1 2023[19] - Operating profit for the quarter was CNY 126,199,069.20, up 109.7% from CNY 60,189,575.22 year-over-year[19] Cash Flow - The cash flow from operating activities increased by 408.41%, amounting to ¥91,620,000.35 compared to ¥18,020,984.06 in the previous year[10] - The net cash flow from operating activities was $91,620,000.35, a significant increase from $18,020,984.06 in the previous period, reflecting a growth of approximately 408%[21] - Cash inflow from operating activities totaled $478,922,814.12, compared to $302,177,188.69 in the prior period, indicating a rise of about 58.5%[21] - Cash outflow from operating activities was $387,302,813.77, up from $284,156,204.63, representing an increase of approximately 36.4%[21] - The net cash flow from investing activities was -$70,874,388.23, an improvement from -$147,220,740.51 in the previous period, showing a reduction in losses by about 52%[22] - Cash inflow from investing activities amounted to $107,744,876.38, compared to $87,358,279.22, marking an increase of approximately 23.3%[22] - Cash outflow from investing activities was $178,619,264.61, down from $234,579,019.73, indicating a decrease of about 24%[22] - The net cash flow from financing activities was $28,358,955.37, a decrease from $49,259,350.64 in the previous period, reflecting a decline of approximately 42.5%[22] - Total cash and cash equivalents at the end of the period reached $651,520,369.10, up from $359,714,179.15, representing an increase of about 81%[22] - The company received $58,900,000.00 in cash from borrowings, compared to $40,000,000.00 in the previous period, showing a growth of approximately 47.3%[22] - The company paid $30,541,044.63 in cash outflows related to financing activities, compared to $123,833.34 in the previous period, indicating a significant reduction in financing costs[22] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥1,790,882,606.31, reflecting an 8.97% increase from the previous year-end[5] - Current liabilities rose to CNY 360,605,472.09, compared to CNY 334,043,344.57, marking an increase of 7.9%[17] - Non-current assets totaled CNY 637,505,536.74, an increase of 11.1% from CNY 573,663,878.41 in the previous year[17] - The company's equity attributable to shareholders increased by 9.28% to ¥1,427,451,543.46 compared to the end of the previous year[5] Shareholder Information - Total number of common shareholders at the end of the reporting period is 5,709[12] - Zhejiang Jiashao Yunhua Investment Management Co., Ltd. holds 47.33% of shares, totaling 49,218,750 shares[12] - The top ten shareholders include various investment funds, with the largest being China Industrial Bank's fund holding 1.44%[13] - The company is controlled by related parties, including Qiu Xinghua and Chen Shuguang, through Zhejiang Jiashao Yunhua Investment Management Co., Ltd.[13] - There are no significant changes in the financing or securities lending activities of the top shareholders[14] - The company has no preferred shareholders or significant changes in restricted shares[14] Research and Development - Research and development expenses increased by 39.68% to ¥13,904,173.46, indicating a focus on innovation[10] - Research and development expenses increased to CNY 13,904,173.46, a rise of 39.5% from CNY 9,954,523.95 in Q1 2023[18] Inventory and Receivables - Inventory increased to ¥203,228,748.83 from ¥175,885,875.62, reflecting a rise of about 15.6%[15] - Accounts receivable decreased slightly to ¥161,327,025.85 from ¥165,118,253.74, a decline of approximately 2.3%[15] - The total current assets amounted to ¥1,153,377,069.57, up from ¥1,069,740,608.96, indicating an increase of about 7.8%[15] Other Comprehensive Income - The company reported a financial asset impairment loss of CNY 1,369,744.70 during the quarter[19] - Other comprehensive income after tax was a loss of CNY 851,609.44, compared to a loss of CNY 688,143.96 in the previous year[19]
嘉益股份(301004) - 2024 Q1 - 季度财报