Financial Performance - Operating revenue for Q1 2024 was ¥27,187,180.83, representing a year-on-year growth of 13.56% from ¥23,940,033.11 in Q1 2023[10] - Net profit attributable to shareholders for Q1 2024 was ¥4,996,292.67, a 26.07% increase from ¥3,963,105.30 in the same period last year[10] - Total revenue for Q1 2024 reached CNY 27,187,180.83, an increase of 13.0% compared to CNY 23,940,033.11 in Q1 2023[30] - The company's net profit for Q1 2024 reached CNY 4,996,292.67, a 26.0% increase from CNY 3,963,105.30 in Q1 2023[31] - The total profit for Q1 2024 was CNY 5,522,677.23, an increase from CNY 4,449,986.83 in Q1 2023[32] - The total comprehensive income for Q1 2024 was CNY 4,996,292.67, reflecting a 26.0% increase from CNY 3,963,105.30 in Q1 2023[33] Assets and Liabilities - Total assets as of March 31, 2024, reached ¥229,003,078.02, an increase of 2.37% compared to the end of 2023[10] - The total assets as of March 31, 2024, amounted to CNY 229,003,078.02, an increase from CNY 223,706,145.42 as of December 31, 2023, reflecting a growth of approximately 2.0%[24][25] - Current assets totaled CNY 182,771,435.52, up from CNY 179,785,516.58, indicating an increase of about 1.1%[24] - The total liabilities as of March 31, 2024, were CNY 16,273,272.25, compared to CNY 15,972,632.32, reflecting an increase of approximately 1.9%[25] - Total liabilities increased to CNY 16,132,396.42 from CNY 15,798,476.48, indicating a rise in short-term obligations[29] - The company's total liabilities to assets ratio remained low at 7.11% for the consolidated entity, slightly down from 7.14% at the end of 2023[10] Cash Flow - The net cash flow from operating activities decreased by 62.09% to ¥3,887,911.30, down from ¥10,254,574.40 in Q1 2023[10] - Cash inflows from operating activities totaled CNY 20,989,043.53 in Q1 2024, down from CNY 23,803,676.87 in Q1 2023[34] - Cash outflows from operating activities increased to CNY 17,101,132.23 in Q1 2024, compared to CNY 13,549,102.47 in Q1 2023[34] - The net cash flow from operating activities for Q1 2024 was ¥3,829,878.11, a decrease from ¥10,265,334.00 in Q1 2023, representing a decline of approximately 62.7%[37] - Total cash inflow from financing activities was ¥10,604,000.00, while cash outflow was ¥746,768.65, resulting in a net cash flow of ¥9,857,231.35[36] - The net cash flow from investing activities was -¥135,475.12, compared to -¥57,915,102.28 in the same period last year, indicating a significant reduction in investment outflows[37] Research and Development - Research and development expenses increased by 30.68% to ¥1,423,979.48, reflecting higher personnel costs for R&D staff[12] - Research and development expenses for Q1 2024 were CNY 1,423,979.48, up from CNY 1,089,630.09 in Q1 2023, highlighting a focus on innovation[30] - Research and development expenses increased to CNY 1,423,979.48 in Q1 2024, representing a 30.7% rise from CNY 1,089,630.09 in Q1 2023[32] Shareholder Information - The number of shareholders holding more than 5% of shares remained stable, with Ren Zhicheng holding 24.48% of the total shares[16] - Basic and diluted earnings per share for Q1 2024 were both CNY 0.06, compared to CNY 0.05 in Q1 2023[32] Other Information - The company has no new commitments during the reporting period, and all previously disclosed commitments are being fulfilled as scheduled[21] - There were no significant legal disputes or external guarantees reported during the period[20] - The company reported no pledges or judicial freezes on shares held by major shareholders[18] - The company participated in a trust plan to apply for a working capital loan, secured by five invention patents, in response to local government initiatives[21] - The impact of exchange rate changes on cash and cash equivalents was a positive ¥3,529.83 in Q1 2024, compared to a negative impact of -¥45,952.29 in Q1 2023[37]
凯华材料(831526) - 2024 Q1 - 季度财报