宁波华翔(002048) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 reached ¥5,684,201,612.42, representing a 22.59% increase compared to ¥4,636,619,344.07 in the same period last year[7] - Net profit attributable to shareholders was ¥223,411,656.95, an increase of 11.90% from ¥199,659,342.29 year-on-year[7] - The net profit after deducting non-recurring gains and losses was ¥193,260,959.37, up 8.03% from ¥178,895,510.21 in the previous year[7] - Basic and diluted earnings per share increased to ¥0.2744, reflecting an 11.86% rise from ¥0.2453 in the previous year[7] - Operating profit for the current period was ¥372,020,990.28, compared to ¥342,216,615.95 in the previous period, reflecting a growth of 8.7%[32] - Total comprehensive income for the current period was ¥322,319,803.36, compared to ¥267,480,564.30 in the previous period, indicating a growth of 20.4%[34] Cash Flow - The net cash flow from operating activities improved significantly to ¥51,141,806.04, compared to a negative cash flow of ¥102,083,611.55 in the same quarter last year, marking a 150.10% change[7] - Cash flow from operating activities generated a net amount of ¥51,141,806.04, a significant recovery from a net outflow of ¥102,083,611.55 in the previous period[35] - Net cash flow from investment activities was $17.61 million, a significant improvement from a negative cash flow of $974.00 million in the previous period[37] - Cash flow from financing activities showed a net outflow of $1.77 million, compared to a net inflow of $205.57 million previously[37] - The company reported a net increase in cash and cash equivalents of $66.01 million, contrasting with a decrease of $875.15 million in the previous period[37] Assets and Liabilities - Total assets at the end of the reporting period were ¥26,835,336,974.97, a decrease of 1.39% from ¥27,214,923,287.70 at the end of the previous year[7] - The total current assets at the end of the period amounted to CNY 15,352,852,113.31, a decrease from CNY 15,953,301,982.12 at the beginning of the period[22] - The total liabilities decreased from CNY 13,393,239,162.89 to CNY 12,682,658,076.24[28] - The total equity attributable to shareholders of the parent company increased from CNY 12,193,751,082.69 to CNY 12,443,170,299.99[28] Shareholder Information - The company reported a total of 34,764 shareholders at the end of the reporting period, with the largest shareholder holding 24.53% of the shares[12] - Shareholders' equity attributable to the parent company increased to ¥12,443,170,299.99, up 2.05% from ¥12,193,751,082.69 at the end of the previous year[7] Other Financial Metrics - The weighted average return on equity was 1.61%, an increase of 0.34% compared to 1.27% in the previous year[7] - Research and development expenses increased to ¥200,425,318.83, up 17.9% from ¥170,001,124.44 in the previous period[29] - Other income rose to ¥55,311,915.21, compared to ¥27,765,969.87 in the previous period, marking a growth of 99.5%[29] - The company recognized government subsidies amounting to ¥31,431,323.50 during the quarter, contributing positively to the financial results[8] Inventory and Receivables - The inventory at the end of the period was CNY 3,098,651,103.88, up from CNY 2,968,631,728.67 at the beginning of the period[22] - The accounts receivable decreased from CNY 6,273,647,251.38 to CNY 5,842,663,517.57[22] Investments and Borrowings - The company reported a long-term investment of CNY 1,255,108,497.92, an increase from CNY 1,214,480,072.18[22] - The company’s short-term borrowings increased from CNY 828,942,876.91 to CNY 886,520,233.10[26] - The company’s cash and cash equivalents at the end of the period were CNY 3,251,949,728.11, compared to CNY 3,197,398,662.34 at the beginning of the period[22] Audit and Reporting - The company has not audited its first-quarter report[38] - The board of directors of Ningbo Huaxiang Electronics Co., Ltd. issued the report on April 26, 2024[39]