XTL(SH:603022)2024-04-25 10:45Financial Performance - The company's operating revenue for Q1 2024 was CNY 208,687,291.69, representing a year-on-year increase of 7.87%[2] - The net profit attributable to shareholders was CNY 12,150,724.71, up 12.74% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 11,188,985.86, an increase of 8.03% year-on-year[2] - The basic earnings per share for the period was CNY 0.06, reflecting a growth of 21.51%[2] - Total operating revenue for Q1 2024 reached ¥208,687,291.69, an increase of 7.6% compared to ¥193,456,346.98 in Q1 2023[14] - Net profit for Q1 2024 was ¥12,289,248.89, representing a 14.1% increase from ¥10,766,136.92 in Q1 2023[15] - Earnings per share for Q1 2024 were ¥0.06, compared to ¥0.05 in Q1 2023, indicating a 20% increase[15] - The company reported a total profit of ¥16,210,186.87 for Q1 2024, compared to ¥14,241,121.02 in Q1 2023, marking an increase of 13.8%[15] - The company’s total comprehensive income for Q1 2024 was ¥12,696,095.13, up from ¥8,870,258.56 in Q1 2023, reflecting a significant increase of 43.5%[15] Cash Flow and Assets - The net cash flow from operating activities decreased by 58.70% to CNY 15,204,095.72, primarily due to extended customer credit terms and increased personnel expenses[5] - Cash flow from operating activities for Q1 2024 was ¥15,204,095.72, a decrease of 58.8% from ¥36,817,420.76 in Q1 2023[19] - Cash and cash equivalents decreased to RMB 154,033,107.21 from RMB 163,708,387.45, representing a decline of approximately 5.15%[10] - Cash and cash equivalents at the end of Q1 2024 totaled ¥154,033,107.21, down from ¥165,363,339.61 at the end of Q1 2023[20] - Total assets at the end of the reporting period were CNY 1,042,569,566.95, a slight increase of 0.52% from the end of the previous year[2] - As of March 31, 2024, the total assets of the company amounted to RMB 1,042,569,566.95, an increase from RMB 1,037,198,140.37 on December 31, 2023, reflecting a growth of approximately 0.33%[10] - The company's total current assets reached RMB 538,708,391.33, slightly up from RMB 535,217,299.75 at the end of 2023, indicating a growth of about 0.47%[10] - The company's total liabilities decreased to RMB 258,489,376.28 from RMB 265,811,414.13, a reduction of approximately 2.00%[12] - The total equity attributable to shareholders rose to RMB 779,854,631.87 from RMB 767,297,060.92, reflecting an increase of about 1.99%[12] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,854[6] - The top shareholder, Cao Wenjie, holds 40.27% of the shares, totaling 80,540,000 shares[7] Inventory and Expenses - The company reported a significant increase in prepayments, which rose by 86.44% due to higher prepayments for raw materials and equipment[5] - The company's inventory remained stable at RMB 87,941,895.82, compared to RMB 87,924,957.64 at the end of 2023[11] - Research and development expenses for Q1 2024 were ¥3,970,632.48, slightly down from ¥4,106,286.12 in Q1 2023[14] Other Financial Metrics - The company's weighted average return on equity increased by 0.12 percentage points to 1.58%[2] - The company incurred a foreign exchange loss of ¥353,965.61 during Q1 2024[20] - The company's retained earnings increased to RMB 416,327,829.82 from RMB 404,177,105.11, indicating a growth of approximately 2.85%[12] - The company reported a decrease in short-term borrowings, remaining at RMB 50,000,000.00, a slight drop from RMB 50,041,917.81[12] - The company’s non-current assets totaled RMB 503,861,175.62, a marginal increase from RMB 501,980,840.62[11]