Financial Performance - The company's revenue for Q1 2024 was ¥676,301,646.80, representing a year-over-year increase of 0.65% compared to ¥671,924,106.69 in the same period last year[3] - Net profit attributable to shareholders for Q1 2024 was ¥62,045,344.25, marking a significant increase of 32.48% from ¥46,833,472.73 in the previous year[3] - The net profit after deducting non-recurring gains and losses was ¥53,625,479.33, which is a 54.46% increase compared to ¥34,719,104.50 in the same period last year[3] - Basic earnings per share for Q1 2024 were ¥0.0714, up 31.01% from ¥0.0545 in the same period last year[3] - Operating profit for the quarter was CNY 74,129,836.76, representing a 24.4% increase from CNY 59,630,189.28 in Q1 2023[22] Cash Flow and Assets - The net cash flow from operating activities decreased by 46.40% to ¥15,130,211.55 from ¥28,229,048.99 in the previous year, primarily due to increased total salary payments[7] - The company's cash and cash equivalents increased to CNY 520,322,161.34 from CNY 504,500,065.13, representing a growth of about 3.62%[18] - The total current liabilities rose to CNY 1,531,283,410.51, up from CNY 1,441,730,015.32, indicating an increase of approximately 6.21%[19] - The company's inventory increased to CNY 423,908,677.42 from CNY 408,743,862.23, showing a growth of about 3.70%[18] - The total cash and cash equivalents at the end of Q1 2024 amounted to ¥520,322,161.34, compared to ¥287,137,738.91 at the end of Q1 2023, indicating a substantial increase[25] Shareholder Information - The top shareholder, Shenzhen Yuan Zhi Fu Hai Electronic Information Investment Enterprise, holds 125,689,180 shares, accounting for 14.46% of total shares[10] - The second-largest shareholder, Shenzhen Te Fa Group Co., Ltd., holds 72,000,000 shares, representing 8.28% of total shares[10] - The company has a total of 10 major shareholders, with the top 10 holding a significant portion of the shares, indicating strong institutional support[10] - The report indicates that there were no changes in the lending or borrowing of shares among the top shareholders during the reporting period[11] Operational Developments - The company reported a decrease in subsidiary performance due to a return to the traditional off-season, with new order volume and prices declining[7] - The company approved a capital increase of CNY 30 million to its wholly-owned subsidiary, Xingyuan Electronics, on January 18, 2024[14] - A new branch was established in Longtian Street, Pingshan District, Shenzhen, with registration completed in February 2024[14] - The company received an inquiry letter from the Shenzhen Stock Exchange regarding its asset purchase and fundraising application, with a response submitted in February 2024[15] Research and Development - Research and development expenses were CNY 31,055,618.38, a decrease of 10.7% from CNY 34,520,634.52 in the previous year[21] - The company has not disclosed any new product developments or technological advancements in this quarter's report[10] Financial Stability - Total assets at the end of Q1 2024 were ¥6,155,323,929.95, reflecting a 2.99% increase from ¥5,976,792,706.55 at the end of the previous year[3] - Shareholders' equity attributable to the parent company increased by 1.56% to ¥4,246,257,545.99 from ¥4,181,051,624.18 at the end of the previous year[3] - The total equity as of March 31, 2024, was CNY 4,366,765,064.53, up from CNY 4,299,970,112.27, reflecting an increase of approximately 1.55%[19] Financing Activities - The net cash flow from financing activities for Q1 2024 was ¥30,022,414.16, a significant increase from ¥6,670,405.49 in Q1 2023, reflecting a strong improvement in financing operations[25] - The cash inflow from financing activities totaled ¥37,332,010.64 in Q1 2024, up from ¥18,163,230.16 in the same period last year, showcasing enhanced capital raising efforts[25] - The cash outflow from financing activities decreased to ¥7,309,596.48 in Q1 2024 from ¥11,492,824.67 in Q1 2023, indicating improved cash management[25] Audit and Compliance - The company did not undergo an audit for the Q1 2024 report, which may affect the perception of financial reliability[26]
麦捷科技(300319) - 2024 Q1 - 季度财报