鼎龙股份(300054) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥707,994,878.10, representing a 29.50% increase compared to ¥546,703,779.03 in the same period last year[3] - Net profit attributable to shareholders was ¥81,575,829.89, a significant increase of 134.86% from ¥34,733,243.74 year-on-year[3] - The net profit after deducting non-recurring gains and losses reached ¥65,847,768.53, up 213.71% from ¥20,990,098.93 in the previous year[3] - The company reported a basic earnings per share of ¥0.0863, up 135.79% from ¥0.0366 in the same period last year[3] - The weighted average return on equity was 1.83%, an increase of 1.00% compared to 0.83% in the previous year[3] - The company achieved a net investment income of CNY 1,432,717.79 in Q1 2024, compared to a loss of CNY 538,652.66 in the same period last year, indicating a turnaround in investment performance[27] - The total comprehensive income for Q1 2024 was CNY 114,529,173.38, significantly higher than CNY 39,935,265.19 in Q1 2023, showing an increase of approximately 187.5%[28] Cash Flow - The net cash flow from operating activities was ¥166,078,223.90, reflecting a 103.02% increase compared to ¥81,804,891.20 in the same period last year[3] - The cash inflow from operating activities for Q1 2024 was CNY 868,937,004.41, an increase of 7.6% compared to CNY 807,087,276.82 in Q1 2023[29] - Cash outflow for purchasing goods and services decreased to CNY 371,995,185.11 from CNY 440,003,750.89, a reduction of 15.5%[29] - The cash inflow from investment activities totaled CNY 102,502,733.36, up from CNY 78,655,558.70, marking a 30.4% increase year-over-year[30] - The net cash flow from investment activities was -CNY 268,040,127.21, worsening from -CNY 223,687,362.79 in Q1 2023[30] - Cash inflow from financing activities was CNY 325,815,517.76, compared to CNY 267,943,996.21 in the previous year, reflecting a growth of 21.5%[30] - The net cash flow from financing activities decreased to CNY 84,262,939.83 from CNY 251,570,110.75, a decline of 66.5%[30] - The ending balance of cash and cash equivalents was CNY 1,101,227,669.68, down from CNY 1,144,875,565.43 at the end of Q1 2023[31] - The company’s cash and cash equivalents decreased by CNY 17,983,701.78 during the quarter, contrasting with an increase of CNY 111,165,881.13 in the same period last year[30] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,820,610,095.86, a 1.68% increase from ¥6,707,901,850.45 at the end of the previous year[4] - The total liabilities as of Q1 2024 amounted to CNY 2,019,019,083.34, up from CNY 1,831,966,197.12 in the previous year, reflecting a growth of approximately 10.2%[25] - The total equity attributable to shareholders of the parent company was CNY 4,372,125,725.30, a decrease from CNY 4,468,459,439.70 year-on-year, showing a decline of about 2.2%[25] - The total non-current liabilities increased to CNY 1,148,210,851.23 in Q1 2024 from CNY 895,517,518.02 in the previous year, representing a growth of approximately 28.2%[25] - The company’s total current assets decreased to approximately 2.74 billion yuan from 2.83 billion yuan at the beginning of the year[23] Research and Development - Research and development expenses increased by 20.38% to ¥104,633,825.62, compared to ¥86,918,682.60 in the same period last year, indicating a focus on new product development[8] - Research and development expenses for Q1 2024 were CNY 104,633,825.62, compared to CNY 86,918,682.60 in Q1 2023, marking an increase of approximately 20.3%[27] - The company is focusing on semiconductor innovation materials, including CMP process materials and wafer photoresists[15] - The company is advancing the validation and introduction of high-end wafer photoresists and advanced packaging materials, which have not yet generated sales revenue[16] Shareholder Information - The total number of common stock shareholders at the end of the reporting period was 18,730[10] - The top two shareholders, Zhu Shuangquan and Zhu Shunquan, hold 14.72% and 14.60% of shares respectively, with significant pledged shares[10] - There were no changes in the top 10 shareholders due to margin trading activities during the reporting period[13] Sales Performance - Sales revenue from CMP polishing pads was 135 million RMB, showing a significant year-on-year growth of 110.08%[15] - CMP polishing liquids and cleaning liquids generated sales revenue of 35.92 million RMB, with a quarter-on-quarter increase of 24.31% and a year-on-year increase of 206.00%[15] - Semiconductor display materials achieved sales revenue of 70.21 million yuan, a year-on-year increase of 436.49%[16] Strategic Initiatives - The company has a strategic emphasis on expanding its presence in the semiconductor advanced packaging materials sector[15] - The company plans to issue convertible bonds to raise up to 920 million yuan for projects including the annual production of 300 tons of KrF/ArF photoresist[19] - The acquisition of 6.83% and 5.17% equity in Roushian Technology increased the company's ownership from 70% to 82%[18]