东南电子(301359) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 60,321,185.50, representing a 24.55% increase compared to CNY 48,431,682.04 in the same period last year[5] - Net profit attributable to shareholders for Q1 2024 was CNY 10,140,548.81, up 23.18% from CNY 8,232,163.57 in Q1 2023[5] - The basic earnings per share for Q1 2024 increased by 20.00% to CNY 0.12, compared to CNY 0.10 in Q1 2023[5] - The company reported a 27.20% increase in net profit after deducting non-recurring gains and losses, reaching CNY 10,168,845.48 compared to CNY 7,994,279.04 in the same period last year[5] - Total operating revenue for Q1 2024 reached CNY 60,321,185.50, an increase of 24.5% compared to CNY 48,431,682.04 in Q1 2023[18] - Net profit for Q1 2024 was CNY 10,140,548.81, representing a 23.2% increase from CNY 8,232,163.57 in Q1 2023[19] - Basic and diluted earnings per share for Q1 2024 were both CNY 0.12, compared to CNY 0.10 in the same period last year[20] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 55.43% to CNY 7,890,792.51, down from CNY 17,703,660.50 in the previous year[7] - The company reported a cash balance of approximately ¥517.14 million at the end of the first quarter, slightly up from ¥515.23 million at the beginning of the period, indicating a stable liquidity position[14] - The company's cash and cash equivalents increased, contributing to a stronger liquidity position[21] - Total cash inflow from operating activities is $65,145,408.65, slightly up from $64,510,996.24 in the previous period[22] - Cash outflow from operating activities increased to $57,254,616.14 from $46,807,335.74, representing a rise of 22.5%[23] - The cash and cash equivalents at the end of the period amounted to $517,139,304.78, slightly up from $516,722,610.33[23] - The impact of exchange rate changes on cash and cash equivalents was a negative $190,174.90, worsening from a negative $78,473.21 in the previous period[23] Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 911,795,635.39, a slight increase of 0.38% from CNY 908,370,460.30 at the end of the previous year[5] - Total liabilities decreased to CNY 47,892,815.19 from CNY 54,651,091.91 year-over-year, a reduction of approximately 12.5%[16] - Long-term equity investments increased by 100% to CNY 100,000.00, reflecting new external investments made during the period[7] - The company reported a significant increase in contract liabilities, rising to CNY 3,286,358.13 from CNY 1,993,319.17, indicating growth in future revenue recognition[16] - Other current liabilities rose to CNY 254,997.42 from CNY 124,381.98, reflecting changes in operational financing needs[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 7,960[9] - The total number of shares held by the top 10 unrestricted shareholders includes significant stakes from major individual shareholders, with the largest holding at 15.23%[10] - The top shareholder, Qiu Wenqu, holds 15.23% of the shares, indicating concentrated ownership among a few individuals[10] - The company has not reported any changes in the status of restricted shares or preferred shareholders, indicating stability in shareholder structure[12] Governance and Management - The company appointed a new independent director, Mr. Chang Xiaodong, during the shareholder meeting held on April 11, 2024, to enhance governance[12] - The company has not engaged in any share lending activities during the reporting period, maintaining a conservative approach to capital management[11] Operational Costs and Expenses - Total operating costs amounted to CNY 49,382,695.47, up 24.0% from CNY 39,842,436.95 in the previous year[18] - Research and development expenses for Q1 2024 were CNY 3,182,131.28, showing a slight decrease from CNY 3,242,677.56 in Q1 2023[19] - The company experienced a significant increase in tax and additional charges, which rose by 270.48% to CNY 988,779.81 due to increased land and property taxes[7] - The company’s financial expenses rose by 41.22% to CNY -3,199,977.51, primarily due to increased interest income[7] Accounting and Reporting - The company has not undergone an audit for the first quarter report[24] - The company is implementing new accounting standards starting in 2024, which may affect financial reporting[24]