五方光电(002962) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥266,272,922.28, representing a 67.21% increase compared to ¥159,246,572.53 in the same period last year[3]. - Net profit attributable to shareholders for Q1 2024 was ¥21,380,457.67, a 74.73% increase from ¥12,236,285.22 year-on-year[3]. - Basic earnings per share increased by 75.00% to ¥0.07 from ¥0.04 in the previous year[3]. - Operating profit for the current period was ¥23,628,247.23, up 90.5% from ¥12,409,893.95 in the previous period[16]. - The company reported a total profit of ¥23,623,032.28, which is a 90.0% increase from ¥12,422,605.21 in the previous period[16]. - Net profit attributable to the parent company was ¥21,380,457.67, representing an increase of 75.1% from ¥12,236,285.22 in the previous period[17]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥8,077,408.16, a significant decrease of 113.74% compared to ¥58,786,186.51 in Q1 2023[3]. - Cash and cash equivalents at the end of the period totaled ¥1,114,513,518.07, down from ¥1,172,798,937.41 at the end of the previous period[21]. - The cash and cash equivalents net increase was ¥5,151,212.16, a decrease of 91.56% compared to the previous year, primarily due to payments for raw material inventory[8]. - The company experienced a cash inflow from financing activities of ¥37,311,697.76, compared to ¥12,293,388.13 in the previous period[21]. Assets and Liabilities - Total assets at the end of Q1 2024 were ¥2,125,902,019.51, a slight increase of 0.38% from ¥2,117,839,837.61 at the end of the previous year[3]. - Total liabilities decreased to CNY 272,188,481.19 from CNY 285,644,085.10, a reduction of approximately 4.7%[14]. - The company's total equity increased to CNY 1,853,713,538.32 from CNY 1,832,195,752.51, reflecting a growth of about 1.1%[14]. Operational Metrics - Total operating costs for the current period were ¥243,360,856.61, an increase of 63.9% from ¥148,461,514.25 in the previous period[16]. - Research and development expenses increased to ¥11,438,518.49, up 19.9% from ¥9,545,790.56 in the previous period[16]. - The company reported a 151.39% increase in tax and additional fees, amounting to ¥1,561,310.00, due to the reversal of land use tax refunds from the previous year[8]. Receivables and Inventory - Accounts receivable rose to CNY 142,520,990.41, up from CNY 110,522,036.78, indicating an increase of about 29%[12]. - Inventory decreased to CNY 122,897,600.70 from CNY 165,322,023.47, a decline of approximately 25.6%[12]. - The company reported a significant increase in prepayments to CNY 1,100,551.41 from CNY 857,153.25, an increase of approximately 28.4%[12]. Financing Activities - The company experienced a 70.84% increase in short-term loans, totaling ¥85,494,600.90, due to increased bank payments for imported raw materials[7]. - Short-term borrowings increased significantly to CNY 85,494,600.90 from CNY 50,044,833.33, representing a rise of about 70.7%[13]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 64,516, with the largest shareholder holding 28.32%[10]. - The company received government subsidies amounting to ¥4,135,364.93 during the reporting period, contributing to the overall financial performance[5].