安达智能(688125) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥151,923,109.63, representing an increase of 8.19% compared to the same period last year [5] - Net profit attributable to shareholders decreased by 86.08% to ¥4,062,504.82, primarily due to a reduction in the proportion of high-margin products and increased sales and R&D expenses [9] - Basic and diluted earnings per share were both ¥0.05, down 86.11% from the same period last year [5] - The company reported a significant decrease in net profit after deducting non-recurring gains and losses, which fell by 91.27% to ¥2,186,595.18 [9] - Net profit for Q1 2024 was ¥3,614,569.66, a significant decrease of 87.5% from ¥28,863,664.94 in Q1 2023 [25] Cash Flow and Investments - The net cash flow from operating activities was negative at -¥1,006,745.37, a decline of 103.08% compared to the previous year, attributed to reduced sales collections and increased payments to employees [9] - Cash flow from operating activities showed a net outflow of ¥1,006,745.37 in Q1 2024, compared to a net inflow of ¥32,678,123.60 in Q1 2023 [29] - Cash inflow from investment activities in Q1 2024 was ¥495,056,378.14, an increase from ¥363,739,538.07 in Q1 2023 [29] - Cash outflow for investment activities in Q1 2024 was ¥66,322,608.18, significantly lower than ¥234,900,260.38 in Q1 2023 [29] - The net cash flow from financing activities was -957,028.46, compared to -439,687.81 in the previous period, indicating a significant increase in cash outflow [30] - The ending balance of cash and cash equivalents reached 1,469,402,369.17, compared to 1,338,085,265.58 at the end of the previous period, indicating growth in liquidity [30] Research and Development - R&D investment totaled ¥28,211,308.92, accounting for 18.57% of operating revenue, an increase of 2.50 percentage points year-on-year [6] - The company has committed to ongoing R&D efforts, indicating a focus on innovation and product development despite current financial challenges [6] - R&D expenses for Q1 2024 amounted to CNY 28.21 million, representing a 25.05% increase year-over-year, driven by the recruitment of high-end software talent and increased investment in core components and software systems for intelligent equipment [16] - The company aims to enhance its self-research and production capabilities for core components and software algorithms, focusing on improving product competitiveness [18] Shareholder Information - The top shareholder, Dongguan Shengsheng Industrial Investment Co., Ltd., holds 42,628,800 shares, representing 52.75% of total shares [11] - The second-largest shareholder, Dongguan Yizhitong Industrial Investment Partnership, holds 9,001,260 shares, accounting for 11.14% [11] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,214,111,923.91, reflecting a 2.76% increase from the end of the previous year [6] - The total current assets as of March 31, 2024, were CNY 1,964.99 million, slightly up from CNY 1,949.24 million at the end of 2023 [21] - The total liabilities as of March 31, 2024, were CNY 307.68 million, compared to CNY 253.33 million at the end of 2023, indicating an increase in financial obligations [22] - The company's equity attributable to shareholders was CNY 1,907.49 million as of March 31, 2024, compared to CNY 1,901.92 million at the end of 2023 [23] Market and Product Development - The company is increasing investments in automotive electronics, new energy (especially hydrogen energy), and semiconductors to support future growth [15] - The company accelerated new product development for international major clients in the consumer electronics sector, successfully entering the smartphone FATP process equipment project [15] - The ADA intelligent platform has received recognition from major clients in the automotive electronics, hydrogen energy, and medical electronics industries [15] - The company is focusing on expanding its client base in the consumer electronics industry while maintaining its advantages [15] - The company has introduced a number of high-end software and technical service talents to support new product development for international clients [15] - The company's revenue experienced a slight increase despite a high base from the previous year, primarily due to the recovery in shipments from international major clients and the expansion into automotive electronics and new energy applications [16] - The company has made good progress in the automotive electronics and hydrogen energy sectors, which are expected to contribute to business growth in the future [18] - The company expects to gradually ramp up shipments of new products such as the ADA intelligent platform and high-end five-axis machine tools throughout 2024 [18]