天秦装备(300922) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥38,525,023.61, representing a 40.86% increase compared to ¥27,350,041.69 in the same period last year[5] - Net profit attributable to shareholders for Q1 2024 was ¥10,003,240.72, up 25.93% from ¥7,943,294.05 in the previous year[5] - Basic and diluted earnings per share rose by 20.00% to ¥0.06 from ¥0.05 in the same period last year[5] - The total operating revenue for Q1 2024 was CNY 38,525,023.61, an increase of 41% compared to CNY 27,350,041.69 in the same period last year[28] - The net profit for Q1 2024 was CNY 10,003,240.72, representing an increase of 26% compared to CNY 7,943,294.05 in Q1 2023[30] - Operating profit for Q1 2024 reached CNY 11,519,274.15, up from CNY 9,519,603.28 in the same period last year, marking a growth of approximately 21%[30] - Revenue from sales of goods and services amounted to CNY 49,902,276.18, an increase of 19% from CNY 41,940,848.46 in Q1 2023[32] - The total comprehensive income for Q1 2024 was CNY 10,003,240.72, compared to CNY 7,943,294.05 in Q1 2023, reflecting a 26% increase[30] Cash Flow and Investments - The net cash flow from operating activities increased by 19.11% to ¥11,921,487.25 from ¥10,008,878.23 year-on-year[5] - The net cash flow from investment activities was negative at -¥29,775,215.19, a decline of 192.40% compared to the previous year[12] - The company reported a net cash outflow from investing activities of CNY 29,775,215.19, a significant decrease from a net inflow of CNY 32,223,861.26 in Q1 2023[33] - Cash and cash equivalents decreased to CNY 331,636,813.61 from CNY 499,439,925.11, a decline of approximately 34%[25] - The cash and cash equivalents at the end of Q1 2024 were CNY 331,581,197.17, down from CNY 408,423,472.71 at the end of Q1 2023[33] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥939,295,008.34, a decrease of 2.69% from ¥965,296,355.87 at the end of the previous year[5] - The total assets as of March 31, 2024, were CNY 939,295,008.34, down from CNY 965,296,355.87 at the beginning of the year, indicating a decrease of about 2.7%[27] - The total liabilities decreased to CNY 62,192,804.59 from CNY 83,198,015.51, a reduction of approximately 25%[27] - The company's inventory increased to CNY 46,098,365.44 from CNY 40,898,424.64, representing a growth of about 12%[26] - The non-current assets totaled CNY 311,614,957.99, slightly up from CNY 307,875,561.26, showing a marginal increase of about 1%[26] - The company's retained earnings rose to CNY 167,391,152.65 from CNY 157,387,911.93, an increase of approximately 6.4%[27] Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,608[14] - The largest shareholder, Song Jinsuo, holds 34.69% of the shares, totaling 54,398,260 shares[14] - The company repurchased 1,541,300 shares from February 2 to February 8, 2024, representing 0.98% of the total share capital[19] - The top ten shareholders include individuals and institutions, with the second-largest shareholder, Zhang Peng, holding 4.07%[15] - The total number of shares held by the top ten unrestricted shareholders is 83,000,000 shares[15] - The company has a total of 40,798,695 shares under lock-up for the largest shareholder, Song Jinsuo[17] - The company plans to implement a restrictive stock incentive plan in 2024[20] - The report indicates no changes in the participation of the top ten shareholders in margin financing and securities lending[16] - The company has not disclosed any related party transactions among the top shareholders[15] - The total number of shares with restrictions at the end of the period is 41,773,279 shares[18] Expenses and Costs - Total operating costs for Q1 2024 were CNY 26,214,260.35, up from CNY 20,614,925.56, reflecting a 27% increase year-over-year[28] - Sales expenses surged by 260.71% to ¥600,418.18, primarily due to increased employee compensation and other costs[10] - The company incurred research and development expenses of CNY 2,269,385.12, an increase from CNY 2,015,916.68 in the previous year[30] - Investment income decreased by 97.90% to ¥25,392.45, attributed to reduced returns from cash management products[11] - The financial expenses showed a decrease, with a net income of CNY -1,969,116.84 compared to CNY -2,405,793.11 in Q1 2023[30] - The company experienced a 39.52% reduction in taxes and surcharges, amounting to ¥324,542.44, due to lower tax payments compared to the previous year[10] Trading Financial Assets - The company reported a significant increase in trading financial assets, rising by 2053.95% to ¥164,400,000.00 due to the purchase of cash management products[9] - The company held trading financial assets worth CNY 164,400,000.00, significantly up from CNY 7,632,475.69, marking an increase of over 2000%[25]