长信科技(300088) - 2024 Q1 - 季度财报

Financial Performance - Total operating revenue for the first quarter reached ¥2,603,187,623.53, representing a 76.87% increase compared to ¥1,471,825,241.49 in the same period last year[46] - Net profit attributable to shareholders of the listed company was ¥49,476,398.96, a decrease of 52.52% from ¥104,214,237.72 year-on-year[46] - Net profit after deducting non-recurring gains and losses was ¥34,868,135.81, down 57.71% from ¥82,444,571.34 in the previous year[46] - Basic and diluted earnings per share were both ¥0.0202, down from ¥0.0425 in the previous period, indicating a decrease of approximately 52.65%[29] - Basic earnings per share decreased by 52.47% to ¥0.0202 from ¥0.0425 year-on-year[46] Cash Flow and Liquidity - Cash and cash equivalents at the end of the period amounted to ¥1,422,422,209.38, up from ¥1,356,242,880.60 at the beginning of the year[24] - The net cash flow from operating activities was negative at ¥-86,637,951.72, a decline from a positive cash flow of ¥263,295,706.82 in the previous period[29] - The net cash flow from operating activities was -¥86,637,951.72, a decline of 132.91% compared to ¥263,295,706.82 in the same period last year[46] - The company reported a net increase in cash and cash equivalents of ¥61,221,986.93, contrasting with a decrease of -¥115,102,470.80 in the same period last year[42] Assets and Liabilities - Total assets increased to ¥14,812,830,878.96, up from ¥14,290,840,609.63, representing a growth of approximately 3.66%[25] - Total current assets at the end of the period were ¥6,286,877,442.82, compared to ¥5,871,477,084.51 at the beginning of the year[24] - Non-current assets totaled ¥8,525,953,436.14, compared to ¥8,419,363,525.12, reflecting an increase of about 1.27%[25] - Total liabilities amounted to ¥5,952,161,860.10, an increase of 8.38% from ¥5,491,239,799.17[25] - Current liabilities rose to ¥5,335,771,452.72, an increase of 14.19% from ¥4,672,455,981.73[25] Investments and Equity - The company’s long-term equity investments increased to ¥706,222,343.92 from ¥695,921,807.83 at the beginning of the year[24] - Investment income rose to ¥11,439,303.97, compared to ¥4,071,853.18 in the previous year, indicating improved investment performance[38] - Investment income surged by 180.94% year-on-year, driven by increased returns from investments in joint ventures[49] - Shareholders' equity attributable to the listed company was ¥8,314,332,058.62, a slight increase of 0.60% from ¥8,264,856,297.20[46] Receivables and Prepayments - Accounts receivable increased by 68.85% compared to the beginning of the year, mainly due to an increase in commercial acceptance bills received during the reporting period[6] - Accounts receivable increased by 31.48% compared to the beginning of the year, mainly due to increased operating revenue during the reporting period[48] - Other receivables increased by 19.48 million yuan compared to the beginning of the year, mainly due to an increase in various deposits and receivables[48] - Prepayments grew by 40.20% compared to the beginning of the year, primarily due to increased advance payments for raw material purchases[48] Expenses and Subsidies - The company reported a government subsidy of ¥8,970,759.22, which is closely related to the company's normal business operations[16] - Research and development expenses increased to ¥96,981,423.46 from ¥69,569,558.25, reflecting a focus on innovation[46] - Research and development expenses increased by 39.40% year-on-year, reflecting the company's increased investment in R&D[49] - Financial expenses decreased by 78.49% year-on-year, mainly due to increased interest income and exchange gains[49] - The company reported a 50.56% decrease in taxes payable compared to the beginning of the year, primarily due to the payment of taxes owed from the previous year[48] Cash from Activities - Cash received from sales of goods and services was ¥1,529,120,685.15, slightly up from ¥1,510,387,076.15, showing a growth of about 1.84%[29] - Cash received from other investment activities increased by ¥409,122,300 compared to the same period last year, mainly due to an increase in the redemption of bank wealth management products[19] - Cash inflow from investment activities was ¥446,764,438.80, significantly higher than ¥1,110,531.19 in the previous period[29] - Other cash received related to operating activities increased by 67.97% year-on-year, mainly due to an increase in government subsidies related to assets received during the reporting period[49] Borrowings - The company’s long-term borrowings increased to ¥136,689,474.84 from ¥93,629,713.00, marking a growth of approximately 46.00%[25] - Long-term borrowings rose by 45.99% compared to the beginning of the year, primarily due to an increase in medium to long-term bank loans[49] - The company experienced a 33.12% decrease in cash paid for the purchase of fixed assets, intangible assets, and other long-term assets compared to the same period last year[19] - The company reported a 162.61% increase in cash paid for dividends, profits, or interest payments compared to the same period last year, primarily due to increased interest payments on convertible bonds and bank loans[19]