欧陆通(300870) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 reached ¥695,862,387.52, representing a 34.06% increase compared to ¥519,050,617.70 in the same period last year[5] - Net profit attributable to shareholders surged to ¥31,164,265.74, a remarkable increase of 1,703.04% from ¥1,728,427.51 in the previous year[5] - The net profit after deducting non-recurring gains and losses was ¥29,984,745.73, compared to a loss of ¥1,108,412.69 in the same period last year, marking a 2,805.20% improvement[5] - Basic and diluted earnings per share increased to ¥0.31, up 1,450.00% from ¥0.02 in the previous year[5] - Total operating revenue for Q1 2024 reached ¥695,862,387.52, a significant increase of 34% compared to ¥519,050,617.70 in Q1 2023[21] - Net profit for Q1 2024 was ¥30,938,967.61, compared to ¥1,294,716.06 in the same period last year, indicating a substantial increase[22] - The gross profit margin for Q1 2024 was approximately 7.2%, compared to 3.1% in Q1 2023, showing an improvement in profitability[22] - Total comprehensive income for Q1 2024 was CNY 26,651,476.85, compared to a loss of CNY 1,466,565.37 in the same period last year, indicating a significant recovery[23] - Basic and diluted earnings per share for Q1 2024 were both CNY 0.31, up from CNY 0.02 in Q1 2023, reflecting improved profitability[23] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥3,746,726,466.50, a slight decrease of 0.08% from ¥3,749,607,108.44 at the end of the previous year[5] - Total liabilities decreased to ¥1,859,587,412.39 from ¥1,893,283,912.73, marking a reduction of approximately 2%[19] - The equity attributable to shareholders of the parent company increased to ¥1,888,324,898.08 from ¥1,857,283,741.55, reflecting a growth of about 1.67%[19] Cash Flow - Cash flow from operating activities showed a significant decline, with a net cash flow of ¥8,045,282.39, down 94.41% from ¥143,956,380.13 in the previous year[11] - Cash flow from operating activities for Q1 2024 was CNY 8,045,282.39, a decrease from CNY 143,956,380.13 in Q1 2023, highlighting a decline in cash generation[26] - Total cash inflow from operating activities was CNY 703,288,950.47, compared to CNY 660,906,419.34 in the previous year, showing a slight increase[24] - Cash outflow from operating activities was CNY 695,243,668.08, up from CNY 516,950,039.21 in Q1 2023, indicating higher operational costs[26] - The ending balance of cash and cash equivalents was CNY 397,015,552.12, down from CNY 450,711,987.32 at the end of Q1 2023, reflecting liquidity challenges[26] - The company has a total cash balance of ¥528,958,410.03, down from ¥669,082,320.25 at the beginning of the period, representing a decrease of approximately 20.96%[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 13,874[12] - The top shareholder, Nanjing Wangyue Ke Wang Venture Capital Partnership, holds 28.89% of shares, totaling 29,234,023 shares[12] - The total number of priority shareholders is zero, indicating no priority shares are currently held[15] - The company has pledged 12,200,000 shares, which is part of the holdings of Shenzhen Genuoli Information Consulting Co., Ltd.[12] - The company repurchased 1.6553 million shares, accounting for 1.64% of the total share capital[13] - The company has not disclosed any changes in the top 10 shareholders due to securities lending activities[14] Operational Metrics - The company reported a 35.40% increase in inventory, reaching ¥455,567,564.35, attributed to growth in sales scale[10] - Total operating costs amounted to ¥645,095,285.37, up from ¥524,551,190.99, reflecting a rise of approximately 23% year-over-year[21] - The company's R&D expenses were ¥45,474,939.35, slightly down from ¥49,681,537.72, showing a decrease of about 8%[22] Non-Operating Income and Expenses - Non-operating income increased by 212.71% to ¥1,179,115.40, primarily due to received penalty payments[11] - The company experienced a 399.54% rise in non-operating expenses, totaling ¥1,803,849.48, mainly due to asset disposal losses[11] Financial Management - The company reported a financial income of ¥2,597,892.83, up from ¥1,374,907.89, indicating a growth of approximately 89%[22] - The company did not conduct an audit for the Q1 2024 report, which may affect stakeholder confidence in the reported figures[28] - The company experienced a foreign exchange impact of CNY 4,255,227.12 on cash and cash equivalents, contrasting with a negative impact of -CNY 4,739,160.94 in Q1 2023, showing improved currency management[26] - Net cash flow from investing activities was -CNY 83,732,929.81, an improvement from -CNY 132,540,549.51 in the same quarter last year, suggesting better investment management[26] - The company reported a cash inflow of CNY 66,070,482.20 from investment activities, compared to CNY 20,148,712.33 in the previous year, indicating increased investment returns[26]