源杰科技(688498) - 2024 Q1 - 季度财报

Revenue and Profit Performance - Revenue for the first quarter of 2024 reached RMB 60,063,175.77, a year-on-year increase of 72.33%[4] - Total operating revenue for Q1 2024 reached 60,063,175.77, a significant increase from 34,853,815.01 in Q1 2023[33] - Revenue increased by 72.33% due to the recovery of the optical chip industry and the expansion of the product line, particularly the EML products[60] - Net profit attributable to shareholders of the listed company was RMB 10,534,967.18, a year-on-year decrease of 11.06%[4] - Net profit for Q1 2024 was 10,534,967.18, compared to 11,845,367.73 in Q1 2023[35] - Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was RMB 9,570,094.24, a year-on-year increase of 109.72%[4] - Net profit attributable to shareholders, excluding non-recurring gains and losses, increased by 109.72%, mainly due to a significant decrease in government subsidies compared to the previous period[60] - Total comprehensive income for Q1 2024 was 10,509,791.74, compared to 11,845,367.73 in Q1 2023[35] R&D and Operating Costs - R&D investment totaled RMB 8,950,721.46, a year-on-year increase of 37.07%, accounting for 14.90% of revenue[5] - R&D expenses increased to 8,950,721.46 in Q1 2024 from 6,529,903.45 in Q1 2023[33] - Operating costs for Q1 2024 were 51,301,300.08, up from 30,431,762.13 in Q1 2023[33] Assets and Liabilities - Total assets at the end of the reporting period were RMB 2,231,464,398.79, a slight decrease of 0.23% compared to the end of the previous year[5] - Equity attributable to shareholders of the listed company was RMB 2,112,907,536.34, a slight decrease of 0.18% compared to the end of the previous year[5] - Total liabilities decreased slightly to 118,556,862.45 in Q1 2024 from 119,994,497.88 in the previous period[30] - Total equity remained stable at 2,112,907,536.34 in Q1 2024, compared to 2,116,687,842.73 in the previous period[30] - The company's total assets and liabilities combined were 2,231,464,398.79 in Q1 2024, slightly down from 2,236,682,340.61 in the previous period[30] Earnings and Share Performance - Basic and diluted earnings per share were RMB 0.12, a year-on-year decrease of 40.00%[5] - Basic earnings per share for Q1 2024 were 0.12, down from 0.20 in Q1 2023[35] - Basic and diluted earnings per share decreased by 40.00%, primarily due to an increase in share capital[60] - Weighted average return on equity was 0.50%, a decrease of 0.06 percentage points[5] Fixed Assets and Construction - Fixed assets amounted to RMB 433,060,934.53, a slight decrease from the previous year[29] - Construction in progress increased to RMB 115,825,128.85, up from RMB 106,863,727.56 in the previous year[29] Cash Flow and Financial Activities - Cash and cash equivalents decreased to RMB 1,092,793,291.56 as of March 31, 2024, compared to RMB 1,343,508,714.16 as of December 31, 2023[40] - Net cash flow from operating activities was RMB 22,407,486.05 for Q1 2024, a significant improvement from a negative RMB 24,961,622.10 in Q1 2023[49] - Net cash flow from investing activities was negative RMB 246,978,761.38 for Q1 2024, compared to negative RMB 491,167,699.88 in Q1 2023[50] - Net cash flow from financing activities was negative RMB 15,420,386.10 for Q1 2024, compared to positive RMB 13,253,723.34 in Q1 2023[50] - Total cash and cash equivalents at the end of Q1 2024 were RMB 1,092,725,346.35, down from RMB 1,332,649,714.16 at the beginning of the quarter[50] - Sales revenue from goods and services received in cash was RMB 37,579,103.57 in Q1 2024, up from RMB 24,218,497.37 in Q1 2023[49] - Financial expenses showed a negative value of -5,484,600.81 in Q1 2024, indicating higher interest income[33] Accounts Receivable and Inventory - Accounts receivable increased to RMB 115,301,528.87 as of March 31, 2024, up from RMB 99,735,740.01 as of December 31, 2023[40] - Inventory increased to RMB 148,020,245.84 as of March 31, 2024, compared to RMB 140,819,009.30 as of December 31, 2023[40] Non-Recurring Gains and Losses - Non-recurring gains and losses for Q1 2024 included RMB 827,756.16 from fair value changes and disposal of financial assets and liabilities[57] - Government subsidies recognized in Q1 2024 amounted to RMB 273,722.56[57] - The company's total non-recurring gains and losses amounted to RMB 964,872.94, with an income tax impact of RMB 170,271.69[60] Shareholder Information and Share Repurchase - The top shareholder, ZHANG XINGANG, holds 12.36% of the shares, with 10,562,958 shares[61] - The second-largest shareholder, QIN YANSHENG, holds 5.39% of the shares, with 4,604,859 shares[61] - The third-largest shareholder, QIN WEIXING, holds 5.24% of the shares, with 4,478,859 shares[61] - The company's total share capital is 85,461,670 shares[61] - The company repurchased 402,149 shares, accounting for 0.47% of the total shares, with a total payment of RMB 49,974,971.30[65] - The company's share repurchase price ranged from RMB 121.14 to RMB 125.00 per share[65]