意华股份(002897) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 reached ¥1,528,852,107.75, representing a 63.18% increase compared to ¥936,883,646.22 in the same period last year[5] - Net profit attributable to shareholders was ¥86,678,459.92, a significant increase of 456.11% from ¥15,586,447.99 year-on-year[5] - Basic earnings per share rose to ¥0.51, up 466.67% from ¥0.09 in the same quarter last year[5] - Total operating revenue for Q1 2024 reached ¥1,528,852,107.75, a significant increase of 63.3% compared to ¥936,883,646.22 in Q1 2023[21] - Net profit for Q1 2024 was ¥89,391,295.30, compared to ¥9,450,663.35 in Q1 2023, reflecting a substantial growth[22] - The total comprehensive income attributable to the parent company reached CNY 86,687,119.54, compared to CNY 31,857,957.80 in the previous period, indicating a significant increase[23] - The total comprehensive income for the period was CNY 89,563,724.28, compared to CNY 25,722,173.16 in the previous period, showing a robust growth[23] Cash Flow and Liquidity - The net cash flow from operating activities improved to ¥6,908,971.67, a turnaround from a negative cash flow of ¥32,687,851.81 in the previous year, marking a 121.14% increase[5] - The company's financial report indicates a strong liquidity position with significant cash reserves compared to previous periods[17] - Cash and cash equivalents at the end of the period totaled CNY 1,105,227,531.57, significantly higher than CNY 459,196,137.60 at the end of the previous period[25] - The company raised CNY 655,268,609.30 from investment activities, a notable increase from CNY 8,250,000.00 in the previous period[25] - The net cash flow from financing activities was CNY 660,041,051.89, compared to CNY 107,267,452.72 in the previous period, indicating strong financing performance[25] - The company received tax refunds amounting to CNY 83,866,896.03, up from CNY 29,141,854.04 in the previous period, reflecting improved cash flow management[24] Assets and Liabilities - Total assets increased by 16.57% to ¥6,433,735,159.98 from ¥5,519,055,345.20 at the end of the previous year[5] - Current liabilities rose to ¥3,086,074,569.35, an increase of 10.8% from ¥2,786,138,612.36 in the previous year[19] - The total liabilities of the company amounted to ¥4,066,245,768.04, an increase of 7.4% from ¥3,786,857,208.83 in the previous year[19] - The company's equity attributable to shareholders increased to ¥2,355,262,511.84, up from ¥1,730,941,186.01, representing a growth of 36.0%[19] Operational Highlights - The company reported a 63.18% increase in operating income, primarily driven by increased sales of solar brackets[9] - Operating costs for the same period were ¥1,420,787,323.85, up 55.7% from ¥912,522,768.35 in the previous year[21] - Research and development expenses for Q1 2024 were ¥45,851,502.27, a slight decrease from ¥47,308,232.25 in the same period last year[21] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 30,776[11] - The company reported a total of 74,208,294 shares held by its controlling shareholder, Yihua Holdings Group Co., Ltd.[12] Other Financial Metrics - The company experienced a 246.48% increase in credit impairment losses, mainly due to an increase in accounts receivable[9] - Accounts receivable rose to ¥1,384,149,318.57 from ¥1,363,549,430.16, indicating a slight increase of about 1.3%[17] - Inventory increased significantly to ¥1,725,326,931.03 from ¥1,500,346,790.15, reflecting a growth of approximately 15%[17] - Other receivables decreased to ¥88,892,520.17 from ¥125,195,469.82, showing a decline of about 29.0%[17] - Prepayments increased to ¥226,376,898.30 from ¥211,112,202.87, marking a growth of approximately 7.2%[17] Corporate Governance - The company completed the adjustment of the 2023 restricted stock incentive plan, with the relevant details disclosed on January 9, 2024[14] - The company held a board meeting on March 1, 2024, to approve changes to the registered capital and amend the articles of association[15]