Financial Performance - Net profit attributable to shareholders increased by 57.17% to CNY 2,328,592.80 from CNY 1,481,581.82 in the same period last year[11] - Operating revenue rose by 5.37% to CNY 78,521,811.56 compared to CNY 74,522,920.38 in the previous year[11] - Basic earnings per share doubled to CNY 0.04 from CNY 0.02 in the same period last year[11] - Total operating revenue for Q1 2024 reached ¥78,521,811.56, an increase of 5.4% compared to ¥74,522,920.38 in Q1 2023[31] - Net profit for Q1 2024 was ¥2,328,592.80, compared to ¥1,481,581.82 in Q1 2023, representing a growth of 57.2%[32] - The total comprehensive income for Q1 2024 was CNY 2,328,592.80, compared to CNY 1,481,581.82 in Q1 2023, representing a year-over-year increase of approximately 57.2%[33] - Basic and diluted earnings per share for Q1 2024 were both CNY 0.04, up from CNY 0.02 in Q1 2023, indicating a 100% increase[33] Cash Flow - The net cash flow from operating activities improved by 94.86%, reaching CNY -1,576,309.49, compared to CNY -30,683,487.65 in the same period last year[11] - Cash inflow from operating activities for Q1 2024 was CNY 73,311,091.68, compared to CNY 71,079,952.21 in Q1 2023, showing a growth of about 3.1%[34] - Cash outflow from operating activities in Q1 2024 was CNY 74,887,401.17, down from CNY 101,763,439.86 in Q1 2023, reflecting a decrease of approximately 26.4%[34] - The net cash flow from operating activities for Q1 2024 was negative CNY 1,576,309.49, an improvement from negative CNY 30,683,487.65 in Q1 2023[34] - The net cash flow from investing activities in Q1 2024 was negative CNY 8,202,319.90, compared to a positive CNY 5,550,085.65 in Q1 2023, indicating a significant shift in investment cash flow[34] - The company reported a cash outflow from financing activities of CNY 4,787,111.44 in Q1 2024, slightly higher than CNY 4,779,388.47 in Q1 2023[34] - The impact of exchange rate changes on cash and cash equivalents was CNY 62,962.28 in Q1 2024, compared to negative CNY 640,498.90 in Q1 2023, indicating a positive shift[34] Assets and Liabilities - Total assets decreased by 5.81% to CNY 533,056,950.28 compared to the end of last year[11] - The company's asset-liability ratio decreased to 29.94% from 34.42% at the end of the previous year[11] - Total liabilities decreased to ¥159,610,990.62 in Q1 2024 from ¥194,819,605.48 in Q1 2023, a reduction of 18.0%[30] - The company's cash and cash equivalents decreased from 184,370,149.47 to 156,264,810.51, a decline of approximately 15.3%[28] - Accounts receivable increased from 81,194,134.51 to 89,114,523.83, an increase of about 9.5%[28] - Inventory decreased from 97,756,766.95 to 91,895,770.02, a reduction of approximately 6%[28] - The total current assets decreased from 382,222,902.69 to 349,463,249.27, a decline of about 8.6%[28] - Deferred tax assets increased to ¥2,710,579.09 in Q1 2024 from ¥2,490,492.58 in Q1 2023, indicating a growth of 8.8%[30] - The total equity attributable to shareholders rose to ¥373,445,959.66 in Q1 2024 from ¥371,117,366.86 in Q1 2023, a slight increase of 0.6%[30] Shareholder Information - The total number of ordinary shares remained at 60,042,700, with 9,006 shareholders[18] - The total number of shares held by the top ten shareholders is 35,291,200, representing 58.79% of the total shares[20] - Chen Guoshun holds 9,922,480 shares, accounting for 16.53% of the total shares[20] - Wang Zengyou holds 6,790,760 shares, representing 11.31% of the total shares[20] - The company has no pledged or judicially frozen shares among the top ten shareholders[21] Other Information - Other income increased by 198.32% to CNY 507,841.85 due to VAT exemptions[13] - The company reported a significant decrease in financial expenses by 134.66% to CNY -309,947.48, attributed to increased exchange gains[13] - Non-recurring gains and losses totaled CNY 33,747.50, with a net amount of CNY 28,685.37 after tax effects[15][16] - There are no significant litigation or arbitration matters reported during the period[23] - The company has fulfilled its previously disclosed commitments in a timely manner[23] - Research and development expenses for Q1 2024 were ¥2,582,906.52, slightly down from ¥2,614,329.85 in Q1 2023[31]
夜光明(873527) - 2024 Q1 - 季度财报