xinje(SH:603416)2024-04-25 08:17Financial Performance - The company's operating revenue for Q1 2024 was ¥339,857,856.78, representing a year-on-year increase of 3.39%[5] - The net profit attributable to shareholders for the same period was ¥44,471,993.97, reflecting an increase of 8.61% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥37,434,665.87, which is a significant increase of 23.45% year-on-year[5] - The basic earnings per share for Q1 2024 was ¥0.32, up by 10.34% from the same period last year[5] - The net profit for Q1 2024 was CNY 44,440,153.16, an increase of 8.2% compared to CNY 40,932,652.45 in Q1 2023[18] - The total comprehensive income for Q1 2024 reached CNY 44,638,921.47, up from CNY 41,009,632.33 in the same period last year, reflecting a growth of 8.1%[19] - Basic and diluted earnings per share for Q1 2024 were both CNY 0.32, compared to CNY 0.29 in Q1 2023, indicating an increase of 10.3%[19] - The operating profit for Q1 2024 was CNY 47,790,232.52, an increase of 11.5% from CNY 43,014,899.08 in Q1 2023[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,025,457,615.47, marking a 5.04% increase from the end of the previous year[6] - The equity attributable to shareholders at the end of the reporting period was ¥2,153,444,342.38, which is an increase of 0.86% compared to the previous year[6] - Total assets amounted to ¥3,025,457,615.47 as of March 31, 2024, compared to ¥2,880,365,470.61 at the end of 2023, indicating a growth of 5.0%[16] - Total liabilities increased to ¥869,943,724.58 in Q1 2024 from ¥743,106,581.33 in Q4 2023, reflecting a rise of 17.1%[15] - The company's equity attributable to shareholders rose to ¥2,153,444,342.38 in Q1 2024, compared to ¥2,135,179,855.32 in Q4 2023, an increase of 0.85%[15] Cash Flow - The company reported a net cash flow from operating activities of -¥61,828,414.94, which is not applicable for year-on-year comparison[5] - Cash flow from operating activities showed a net outflow of CNY -61,828,414.94, worsening from CNY -21,062,272.03 in the previous year[21] - Cash inflow from investment activities was CNY 296,615,968.09, significantly higher than CNY 155,399,069.33 in Q1 2023, marking an increase of 90.7%[21] - The net cash flow from financing activities for Q1 2024 was CNY 121,986,415.66, compared to CNY 20,384,825.26 in Q1 2023, showing a substantial increase of 499.5%[22] - The total cash and cash equivalents at the end of Q1 2024 amounted to CNY 422,887,562.21, up from CNY 231,551,334.72 at the end of Q1 2023, representing an increase of 82.6%[22] Costs and Expenses - Total operating costs decreased to ¥297,197,037.14 in Q1 2024 from ¥307,102,339.07 in Q1 2023, reflecting a reduction of 3.0%[17] - Research and development expenses increased to ¥35,543,865.78 in Q1 2024, up from ¥32,917,982.43 in Q1 2023, representing an increase of 7.9%[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,972[10] Other Financial Metrics - The weighted average return on equity was 2.06%, a decrease of 0.01 percentage points from the previous year[6] - The company recognized non-recurring gains totaling ¥7,037,328.10 during the reporting period[7] - The company incurred a credit impairment loss of CNY -3,581,014.29 in Q1 2024, compared to a gain of CNY 537,794.59 in Q1 2023[18] - Cash and cash equivalents rose to ¥492,658,228.19 as of March 31, 2024, compared to ¥345,486,311.73 on December 31, 2023, marking a significant increase of 42.6%[14] - Accounts receivable increased to ¥174,810,791.65 in Q1 2024 from ¥118,446,288.29 in Q4 2023, a growth of 47.6%[14] - Inventory increased to ¥538,661,704.28 in Q1 2024 from ¥511,106,334.54 in Q4 2023, representing a growth of 5.4%[14] - Short-term borrowings surged to ¥183,000,000.00 in Q1 2024, a significant increase from ¥20,018,944.45 in Q4 2023[15] - The company reported a significant increase in sales revenue, with cash received from sales reaching CNY 253,750,816.52, compared to CNY 217,406,057.25 in the previous year, an increase of 16.7%[20]