GOODIX(SH:603160)2024-04-25 08:24Financial Performance - The company's operating revenue for Q1 2024 reached ¥1,218,471,529.44, representing a year-on-year increase of 44.38%[4]. - Net profit attributable to shareholders of the listed company was ¥162,399,848.30, with a significant increase in operating income and improved cost control contributing to this growth[4][8]. - The net cash flow from operating activities was ¥220,894,263.91, reflecting a substantial increase of 1,118.33% compared to the same period last year[4][8]. - The basic and diluted earnings per share for the period were both ¥0.35, attributed to the increase in profits[4][8]. - Total operating revenue for Q1 2024 reached ¥1,218,471,529.44, a significant increase of 44.4% compared to ¥843,912,227.92 in Q1 2023[18]. - Operating profit for Q1 2024 was ¥191,058,469.79, a turnaround from a loss of ¥169,593,667.77 in Q1 2023[18]. - Net profit for Q1 2024 amounted to ¥162,399,555.69, compared to a net loss of ¥138,835,696.19 in Q1 2023[18]. - The net profit for the current period is approximately $162.40 million, compared to a net loss of approximately $138.84 million in the previous period[20]. - The total comprehensive income for the current period is approximately $158.78 million, compared to a total comprehensive loss of approximately $151.84 million in the previous period[20]. - Operating cash flow for the first quarter of 2024 is approximately $220.89 million, significantly up from $18.13 million in the same period last year[23]. - Basic earnings per share for the current period is $0.35, compared to a loss of $0.30 per share in the previous period[20]. Assets and Liabilities - Total assets at the end of the reporting period were ¥9,903,627,502.13, showing a 1.82% increase from the end of the previous year[5]. - The total assets increased to ¥9,903,627,502.13 in Q1 2024, up from ¥9,727,030,979.94 in Q1 2023, representing a growth of 1.8%[16]. - Total liabilities decreased slightly to ¥1,655,027,626.61 in Q1 2024 from ¥1,681,750,385.98 in Q1 2023[16]. - Deferred income tax assets were reported at ¥565,368,424.88, down from ¥585,436,948.62 in the previous year[16]. Shareholder Information - The number of shares held by the largest shareholder, Zhang Fan, is 206,296,376, representing 45.04% of total shares[10]. - The second largest shareholder, Hong Kong Central Clearing Limited, holds 27,327,819 shares, accounting for 5.97%[10]. - The company has not reported any significant changes in the shareholder structure or any related party transactions during the reporting period[10]. Cash Flow - As of March 31, 2024, the company's cash and cash equivalents amounted to ¥3,572,208,204.30, an increase from ¥3,068,039,907.00 as of December 31, 2023, reflecting a growth of approximately 16.4%[14]. - Cash inflow from investment activities for the first quarter of 2024 is approximately $900.46 million, compared to $107.10 million in the previous year[24]. - Cash flow from financing activities for the first quarter of 2024 is approximately $135.40 million, compared to $15.96 million in the same period last year[24]. - The company reported cash and cash equivalents of approximately $1.44 billion at the end of the period, up from approximately $1.09 billion at the end of the previous year[24]. - The company received approximately $1.34 billion in cash from sales of goods and services in the first quarter of 2024, compared to $826.02 million in the same period last year[23]. Costs and Expenses - Total operating costs for Q1 2024 were ¥1,065,357,756.99, up 16.5% from ¥914,182,648.48 in Q1 2023[18]. - Research and development expenses decreased to ¥252,148,562.43 in Q1 2024 from ¥308,300,830.28 in Q1 2023, reflecting a reduction of 18.2%[18]. - The company reported a tax expense of ¥28,555,844.37 for Q1 2024, compared to a tax benefit of ¥40,031,877.92 in Q1 2023[18]. Other Information - Non-recurring gains and losses amounted to ¥14,833,140.14, primarily from government subsidies and other non-operating income[7]. - The company experienced a significant increase in cash receipts from sales of goods and services, contributing to the net cash flow growth[8]. - The increase in operating revenue was driven by structural demand from end customers and an increase in market share[8]. - The company reported a weighted average return on net assets of 1.99%, reflecting a decrease of 3.79% compared to the previous year[4]. - The company has not reported any new product launches or technological advancements mentioned in the current report[13]. - The company has not provided any specific guidance or outlook for future performance in this quarter's report[13]. - The company has implemented new accounting standards starting from 2024, which may affect financial reporting[24].