容大感光(300576) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 204,805,728.27, representing a 24.06% increase compared to CNY 165,080,920.46 in the same period last year[5] - Net profit attributable to shareholders reached CNY 36,241,609.29, a significant increase of 103.00% from CNY 17,852,807.50 year-on-year[5] - The net profit for Q1 2024 reached CNY 36,356,319.08, representing a 106.93% increase compared to the same period last year[11] - Basic and diluted earnings per share were both CNY 0.1471, reflecting a 105.73% increase compared to CNY 0.0715 in the same quarter last year[5] - Operating profit increased by 103.34% to CNY 43,209,613.21, driven by revenue growth and improved gross margin[11] - Total operating revenue for the current period reached ¥204,805,728.27, an increase of 24% compared to ¥165,080,920.46 in the previous period[22] - Net profit for the current period was ¥36,356,319.08, representing a 106.5% increase from ¥17,569,729.39 in the same period last year[23] - Operating profit increased to ¥43,209,613.21, a growth of 103.5% compared to ¥21,250,114.27 in the previous year[23] Cash Flow and Investments - The net cash flow from operating activities was CNY 4,362,733.02, down 52.39% from CNY 9,163,488.28 in the same period last year[5] - Cash flow from operating activities decreased by 52.39% to CNY 4,362,733.02, attributed to an increase in receivables[11] - Investment activities saw a cash outflow of CNY 725,495,198.44, a 2126.63% increase, primarily due to ongoing investments in the Zhuhai Rongda photoresist project[11] - Cash flow from investing activities resulted in a net outflow of ¥68,927,177.60, worsening from a net outflow of ¥32,582,638.62 in the prior period[26] Assets and Liabilities - The company's total assets decreased by 3.64% to CNY 1,583,020,386.36 from CNY 1,642,777,010.48 at the end of the previous year[5] - The total assets decreased from CNY 1,642,777,010.48 at the beginning of the period to CNY 1,583,020,386.36 at the end of the period, reflecting a decline of approximately 3.6%[19] - Total current liabilities decreased from CNY 370,154,875.24 to CNY 274,993,555.80, a reduction of approximately 25.6%[20] - The total liabilities decreased from CNY 391,730,345.32 to CNY 295,617,402.12, a decline of approximately 24.5%[20] - The total equity attributable to the parent company increased from CNY 1,244,677,485.11 to CNY 1,280,919,094.40, reflecting an increase of about 2.9%[21] Operational Metrics - Trade receivables increased by 41.53% to CNY 3,590,678.09, indicating a rise in normal business operations[10] - Prepayments to suppliers rose by 68.77% to CNY 6,703,215.76, reflecting increased procurement activities[10] - The company reported a decrease in cash and cash equivalents by 32.93% due to ongoing investments in the Zhuhai Rongda photoresist project[10] - Cash and cash equivalents decreased from CNY 376,589,072.59 to CNY 283,302,635.72, a reduction of about 24.8%[19] - Accounts receivable increased from CNY 350,692,070.23 to CNY 359,283,695.57, showing an increase of approximately 2.3%[19] - Inventory decreased from CNY 120,163,271.49 to CNY 112,679,284.87, a decline of about 6.2%[19] Research and Development - The company reported a significant increase in R&D expenses, which rose to ¥10,711,751.03 from ¥9,232,237.15, reflecting a focus on innovation[22] Financial Expenses - The company reported a significant increase in financial expenses by 246.32% to CNY -930,385.25, mainly due to increased investment income[11] - The company experienced a decrease in financial expenses, with a net financial cost of -¥930,385.25 compared to -¥268,645.91 in the previous period[22] Shareholder Information - The company has a total of 104,491,755 shares subject to lock-up, with 8,505,366 shares released during the period[16] - The company plans to continue its strategy of stock issuance to specific investors, with a recent announcement on January 15, 2024, regarding the lifting of lock-up restrictions[17]