AMEC(SH:688012)2024-04-25 10:32Financial Performance - The company's operating revenue for Q1 2024 was 1.605 billion RMB, representing a year-on-year increase of 31.23%[7] - The net profit attributable to shareholders was 249.14 million RMB, a decrease of approximately 9.53% compared to the same period last year[7] - The net profit excluding non-recurring gains and losses was 263 million RMB, an increase of 15.40% year-on-year[8] - Total revenue for Q1 2024 reached ¥1,605,024,097.68, a 31.1% increase from ¥1,223,068,402.75 in Q1 2023[29] - The company reported a net profit of ¥324,848,421.63 for Q1 2024, compared to a net profit of ¥289,076,000.00 in Q1 2023, showing growth in profitability[29] - In Q1 2024, the company's net profit was CNY 248,855,112.06, a decrease of 9.5% compared to CNY 275,005,060.98 in Q1 2023[31] - The total comprehensive income attributable to the parent company was CNY 246,533,983.32, down from CNY 279,975,861.96 in Q1 2023[32] Revenue Breakdown - The revenue from etching equipment reached 1.335 billion RMB, a significant increase of about 64.05% year-on-year, making up 83.20% of total revenue[7] - The MOCVD equipment revenue was approximately 38 million RMB, a decline of about 77.28% compared to the previous year[7] - The total revenue from operating activities was CNY 1,726,283,447.13, up 47.2% from CNY 1,173,051,994.11 in the same period last year[32] Research and Development - The company's R&D investment totaled 360.48 million RMB, an increase of approximately 62.43% year-on-year, accounting for 22.46% of operating revenue[7] - Research and development expenses increased to ¥214,189,022.44 in Q1 2024, up from ¥131,575,456.31 in Q1 2023, indicating a focus on innovation[29] - The company plans to continue investing in R&D and expanding its product offerings, focusing on advanced etching equipment for logic and memory chip manufacturing[8] Assets and Liabilities - The company's total assets at the end of the reporting period were 22.37 billion RMB, a 3.93% increase from the end of the previous year[7] - Total assets amounted to ¥22,372,509,254.07, an increase from ¥21,525,546,561.69 in the previous period[28] - Total liabilities were reported at ¥4,447,385,355.91, compared to ¥3,702,441,375.24, indicating an increase in financial obligations[28] - The company's equity attributable to shareholders reached ¥17,928,326,526.86, up from ¥17,826,122,876.82, reflecting a positive trend in shareholder value[27] Cash Flow and Liquidity - The total amount of cash and cash equivalents as of March 31, 2024, is ¥6,703,135,018.88, a decrease from ¥7,090,409,172.79 at the end of 2023[19] - Cash and cash equivalents were reported at ¥1,169,007,946.95, indicating liquidity available for operations and investments[26] - The cash flow from operating activities was CNY 1,743,700,132.21, an increase from CNY 1,189,089,714.15 in Q1 2023[32] - The cash and cash equivalents at the end of Q1 2024 were CNY 5,207,023,770.05, an increase from CNY 3,513,612,310.56 at the end of Q1 2023[34] Shareholder Information - The total number of common shareholders at the end of the reporting period is 36,158[14] - The top shareholder, Shanghai Chuangxin Investment Co., Ltd., holds 93,483,533 shares, accounting for 15.10% of total shares[15] - The second-largest shareholder, Xunxin (Shanghai) Investment Co., Ltd., holds 80,996,822 shares, representing 13.08%[15] - The top ten shareholders collectively hold a significant portion of the company's shares, indicating concentrated ownership[15] - The company has not reported any significant changes in shareholder structure due to margin trading activities[16] Future Outlook - The company plans to expand its market presence and invest in new technologies to drive future growth[29] - The company is focusing on strategic acquisitions to enhance its competitive position in the semiconductor industry[29] - The company has not disclosed any new strategies or product developments in the current report[19] - There are no significant reminders or alerts for investors regarding the company's operational status during the reporting period[19]