新凤鸣(603225) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was approximately ¥14.45 billion, representing a year-on-year increase of 15.53%[4] - The net profit attributable to shareholders for Q1 2024 was approximately ¥275.18 million, reflecting a significant increase of 45.25% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥230.12 million, which is an increase of 102.96% year-on-year[4] - The basic earnings per share for Q1 2024 was ¥0.18, up by 38.46% from the previous year[5] - Total operating revenue for Q1 2024 reached ¥14,452,258,268.83, a 15.5% increase from ¥12,509,466,548.50 in Q1 2023[18] - Net profit for Q1 2024 was ¥275,168,348.37, representing a 45.2% increase compared to ¥189,458,791.04 in Q1 2023[19] - Basic and diluted earnings per share for Q1 2024 were both ¥0.18, up from ¥0.13 in Q1 2023[20] Assets and Liabilities - The total assets at the end of Q1 2024 amounted to approximately ¥54.66 billion, an increase of 21.08% compared to the end of the previous year[5] - As of March 31, 2024, the company's total assets reached RMB 54.66 billion, an increase from RMB 45.14 billion at the end of December 2023, reflecting a growth of approximately 21.5%[14] - The company's current assets totaled RMB 22.93 billion, up from RMB 14.55 billion, indicating a growth of about 57.5%[14] - The company's total liabilities amounted to RMB 37.58 billion, up from RMB 28.34 billion, which is an increase of approximately 32.5%[16] - Short-term borrowings surged to RMB 17.77 billion, compared to RMB 9.20 billion, marking an increase of around 93%[15] - The equity attributable to shareholders rose to RMB 17.07 billion from RMB 16.80 billion, reflecting a growth of about 1.6%[16] Cash Flow - The net cash flow from operating activities for Q1 2024 was negative at approximately -¥1.71 billion, indicating a significant cash outflow[4] - Cash inflow from operating activities in Q1 2024 was ¥16,455,865,931.91, an increase from ¥13,595,692,979.78 in Q1 2023[21] - Cash outflow from operating activities for Q1 2024 totaled ¥18,168,086,655.54, compared to ¥16,017,820,782.76 in Q1 2023[21] - The net cash flow from operating activities for Q1 2024 was -1,712,220,723.63, an improvement from -2,422,127,802.98 in Q1 2023[22] - The net cash flow from investment activities was -1,509,014,245.07, compared to -757,241,799.35 in Q1 2023[22] - Cash inflow from financing activities totaled 17,229,366,000.00, an increase from 12,787,782,721.06 in the same quarter last year[22] - The net cash flow from financing activities was 5,252,270,620.11, up from 3,994,803,468.41 in Q1 2023[22] - The net increase in cash and cash equivalents for the quarter was 2,015,306,875.91, compared to 837,286,538.77 in Q1 2023[22] - The ending balance of cash and cash equivalents was 8,669,795,527.99, an increase from 6,629,939,991.00 year-over-year[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,352[9] - The top shareholder, Zhuang Kuilong, held 22.07% of the shares, amounting to approximately 337.52 million shares[10] - The company reported a total of 23,637,891 shares held in the repurchase account, accounting for 1.55% of the total share capital[11] Research and Development - Research and development expenses for Q1 2024 were ¥260,875,111.46, up from ¥204,302,552.36 in Q1 2023, indicating a focus on innovation[18] Other Financial Metrics - The weighted average return on equity for Q1 2024 was 1.62%, an increase of 0.42 percentage points from the previous year[5] - The company reported non-recurring gains of approximately ¥45.06 million for the period, after accounting for tax effects[7] - The company's inventory increased to RMB 6.68 billion from RMB 4.31 billion, indicating a growth of approximately 55%[14] - The company's accounts receivable decreased to RMB 735.82 million from RMB 965.17 million, a decline of about 23.7%[14] - The long-term equity investments increased slightly to RMB 382.54 million from RMB 374.40 million, showing a growth of about 2.8%[15] - The total operating costs for Q1 2024 were ¥14,274,842,694.90, up 15.1% from ¥12,395,860,019.64 in Q1 2023[18] - The company reported a significant increase in investment income, reaching ¥120,341,743.70 in Q1 2024 compared to ¥57,169,036.28 in Q1 2023[18] - Tax expenses for Q1 2024 were ¥33,383,889.27, compared to ¥19,932,837.41 in Q1 2023, reflecting higher profitability[19] - Other comprehensive income after tax for Q1 2024 was ¥481,010.23, a recovery from a loss of ¥532,335.97 in Q1 2023[19]