南大光电(300346) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥509,260,052.18, representing a 27.88% increase compared to ¥398,231,644.07 in the same period last year[17]. - The net profit attributable to shareholders for Q1 2024 was ¥82,110,494.79, a 9.52% increase from ¥74,970,381.20 in the previous year[17]. - The company reported a basic earnings per share of ¥0.15 for Q1 2024, up 7.14% from ¥0.14 in the same period last year[17]. - The total net profit for the current period is 104,280,892.92, an increase from 94,657,254.01 in the previous period, representing a growth of approximately 6%[61]. - The net profit attributable to the parent company's owners is 82,110,494.79, up from 74,970,381.20, indicating an increase of about 9%[61]. - The total comprehensive income for the current period is 104,188,641.13, compared to 94,798,810.67 in the previous period, reflecting a growth of around 9%[63]. - Basic and diluted earnings per share for the current period are both 0.15, compared to 0.14 in the previous period, showing an increase of approximately 7%[63]. - The total operating profit is 122,016,546.68, which is higher than 104,180,968.14 from the previous period, marking an increase of about 17%[61]. - The total profit for the current period is 122,263,974.18, compared to 104,757,728.84 in the previous period, representing an increase of approximately 17%[61]. - The income tax expense for the current period is 17,983,081.26, up from 10,100,474.83, indicating an increase of about 78%[61]. - The minority shareholders' share of comprehensive income for the current period is 22,170,398.13, compared to 19,686,872.81 in the previous period, reflecting an increase of about 8%[63]. Cash Flow and Investments - The net cash flow from operating activities for Q1 2024 was -¥21,445,730.85, a significant decline of 353.71% compared to ¥8,452,790.71 in Q1 2023[17]. - The net cash flow from investment activities was ¥26,428,392.24, down from ¥161,205,881.45 in the previous year[4]. - The company reported a significant decrease in cash flow from investment activities, down 83.61% to ¥26,428,392.24 from ¥161,205,881.45, due to a reduction in recovered financial investments[25]. - The company reported a total cash balance of RMB 1,390,754,376.92 at the end of the period, slightly down from RMB 1,398,861,587.56 at the beginning of the period[46]. Assets and Liabilities - The total assets at the end of Q1 2024 were ¥5,722,468,016.04, a slight decrease of 0.25% from ¥5,736,669,883.58 at the end of the previous year[19]. - Current liabilities decreased to ¥998,062,070.86 from ¥1,126,600,219.98, a reduction of 11.4%[53]. - Long-term borrowings remained stable at ¥264,500,000.00, unchanged from the previous period[53]. - The equity attributable to shareholders increased by 4.46% to ¥2,319,475,443.81 from ¥2,220,544,752.86 at the end of the previous year[19]. - Cash and cash equivalents decreased by ¥3,646,429.54 in Q1 2024, compared to an increase of ¥150,774,655.69 in Q1 2023[6]. Expenses and Costs - Total operating costs amounted to ¥410,778,660.85, up 22.1% from ¥336,331,659.26 in the same period last year[58]. - Research and development expenses rose by 35.13% to ¥51,547,183.53 from ¥38,146,342.92, reflecting increased investment in R&D[25]. - Management expenses increased by 114.08% to ¥54,189,275.07 from ¥25,312,303.47, attributed to higher equity incentive amortization and bonus provisions[25]. - Tax expenses rose by 78.04% to ¥17,983,081.26 from ¥10,100,474.83, driven by an increase in total profit and adjustments to deferred tax assets[25]. - Investment income decreased by 49.45% to ¥2,771,967.68 from ¥5,483,142.24, primarily due to reduced returns from financial products[25]. - Other income increased by 32.20% to ¥31,394,779.00 from ¥23,747,647.97, mainly due to an increase in government subsidies recognized during the reporting period[25]. Shareholder Information - Total shareholders at the end of the reporting period reached 92,429, with the largest shareholder holding 10.33%[30]. - The company’s major shareholders include Shen Jie and Beijing Hongyu Rongji Venture Capital Center, collectively holding 12.40% of the company’s shares[32]. - The company’s liquidity position remains stable with no significant changes in the number of shares held by major shareholders participating in margin trading[34]. - The company has not reported any changes in the number of restricted shares for its top executives during the reporting period[38]. - The company’s total restricted shares held by executives amount to 29,739,996, with no shares released during the reporting period[38]. Strategic Initiatives - The company is planning to acquire a 16.5398% stake in Quanjiao Nanda Optoelectronic Materials Co., Ltd. through a combination of share issuance and cash payment[8]. - The company has completed two fundraising projects, resulting in surplus funds of RMB 24,225,200, which will be permanently used to supplement working capital[42]. - The company has approved the termination of a transaction involving the issuance of shares and cash for asset acquisition, indicating a strategic shift[43]. - The company plans to release 130,000 shares from its 2022 restricted stock incentive plan on April 22, 2024, following the fulfillment of release conditions[44]. - The company’s major shareholder, Mr. Feng Jiansong, intends to transfer 0.45% equity of a subsidiary to an employee stock ownership platform, constituting a related party transaction[45]. - The company plans to continue expanding its market presence and invest in new product development to drive future growth[58]. Other Information - The company has not disclosed any new products or technologies in the current report[41].