Financial Performance - The company's revenue for Q1 2024 reached ¥244,757,137.67, representing a 26.21% increase compared to ¥193,924,254.27 in the same period last year[5] - Net profit attributable to shareholders was ¥29,447,980.11, a significant increase of 112.30% from ¥13,870,903.60 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥25,361,019.21, up 142.90% from ¥10,440,894.15 in the previous year[5] - Basic earnings per share increased to ¥0.28, reflecting a growth of 115.38% compared to ¥0.13 in the same period last year[5] - Sales revenue increased to ¥214,305,723.64, a 35.06% increase compared to ¥158,669,257.21 in the previous period[12] - Net profit for Q1 2024 was CNY 29,447,980.11, representing a significant increase of 112.5% from CNY 13,870,903.60 in Q1 2023[24] - Basic and diluted earnings per share for Q1 2024 were both CNY 0.28, compared to CNY 0.13 in the same period last year[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,208,968,522.01, a 6.69% increase from ¥1,133,137,281.34 at the end of the previous year[5] - Total current assets reached ¥864,877,405.43, up from ¥798,180,471.53 in the previous period[18] - Total liabilities increased by 115.54% to ¥156,310,000.00, primarily due to new bank loans taken during the period[9] - Total liabilities rose to CNY 284,245,382.06, compared to CNY 237,862,121.50 in the previous year, indicating a growth of 19.5%[20] Cash Flow - The cash flow from operating activities improved by 55.95%, with a net cash outflow of ¥6,959,725.74 compared to ¥15,800,857.76 in the same period last year[5] - Cash received from other operating activities rose by 188.79% to ¥623,406.52, primarily due to increased government subsidies and interest income[12] - Net cash flow from operating activities was negative CNY 6,959,725.74, an improvement from negative CNY 15,800,857.76 year-over-year[28] - The ending balance of cash and cash equivalents was CNY 124,265,107.03, down from CNY 162,406,935.44 year-over-year[29] - The net increase in cash and cash equivalents for the period was negative CNY 68,296,603.17, contrasting with a positive increase of CNY 117,302,521.81 in the prior year[29] Investments and Expenses - The company’s investment income decreased by 39.09% to ¥653,597.44, attributed to a reduction in the amount of financial products[11] - Investment cash payments increased by 62.95% to ¥533,900,000.00, mainly due to increased financial investments[12] - The company reported a significant increase in research and development expenses, totaling CNY 9,642,490.53, up from CNY 7,623,025.13 in Q1 2023[24] - Cash outflow for investment activities totaled CNY 554,581,274.36, compared to CNY 356,599,145.14 in the prior year, reflecting an increase of approximately 55%[29] Shareholder Information - The top shareholder, Rugao Xintai Investment Co., Ltd., holds 45.00% of the shares, totaling 48,000,000 shares[14] - The company plans to grant 2.8 million restricted stocks at a price of ¥8.94 per share as part of its incentive plan[16] Operational Efficiency - The company experienced a 122.36% increase in prepayments, totaling ¥3,256,427.46, due to increased orders and production-related purchases[9] - The company reported a 110.15% increase in operating profit, amounting to ¥32,744,718.66, compared to ¥15,581,573.58 in the previous year[11] - Operating costs for the same period were CNY 215,596,180.54, up 19.3% from CNY 180,652,710.78 in the previous year[23] - Accounts receivable increased to ¥215,906,216.40 from ¥176,723,772.33, indicating improved sales performance[18] - Inventory decreased to ¥111,391,777.78 from ¥145,474,916.22, reflecting better inventory management[18] Strategic Focus - The company is focusing on market expansion and new product development as part of its growth strategy[22] - The increase in short-term borrowings to CNY 156,310,000.00 from CNY 72,520,000.00 indicates a strategic move to leverage financing for growth initiatives[20] Tax and Refunds - The company reported a 100% decrease in tax refunds received, primarily due to reduced export tax rebates[12] Audit Status - The company’s first-quarter report was not audited[31]
泰慕士(001234) - 2024 Q1 - 季度财报