瑞丰光电(300241) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 329,213,934.72, representing a 7.77% increase compared to CNY 305,489,258.64 in the same period last year[4] - Net profit attributable to shareholders was CNY 7,540,249.97, a significant turnaround from a loss of CNY 15,752,836.65, marking a 147.87% improvement[4] - The net profit after deducting non-recurring gains and losses was CNY 5,702,503.26, compared to a loss of CNY 30,475,754.54, reflecting an increase of 118.71%[4] - Basic earnings per share improved to CNY 0.0110 from a loss of CNY 0.0230, an increase of 147.83%[4] - Total operating revenue for the current period reached ¥329,213,934.72, an increase of 7.3% compared to ¥305,489,258.64 in the previous period[23] - Net profit for the current period was ¥8,805,552.81, a significant recovery from a net loss of ¥15,746,892.53 in the previous period[24] - Earnings per share improved to ¥0.0110 from a loss of ¥0.0230 in the previous period[25] Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,235,368,804.82, down 9.69% from CNY 3,582,485,709.18 at the end of the previous year[4] - Total assets decreased to ¥3,235,368,804.82 from ¥3,582,485,709.18, a decline of 9.7%[21] - Total liabilities decreased to ¥1,135,853,043.90 from ¥1,491,775,501.07, a reduction of 24%[21] - The company's total equity increased slightly to ¥2,099,515,760.92 from ¥2,090,710,208.11, reflecting a growth of 0.4%[21] Cash Flow - Cash flow from operating activities was CNY 30,821,313.70, a slight decrease of 2.65% from CNY 31,661,666.09[4] - Cash flow from operating activities was ¥265,889,118.01, down from ¥292,927,379.09 in the previous period, indicating a decrease of 9.2%[27] - The net cash flow from operating activities was 30,821,313.70, a decrease of 2.66% compared to 31,661,666.09 from the previous period[28] - Cash inflow from financing activities totaled 151,426,371.61, down 28% from 209,928,779.58 in the prior period[29] - The net cash flow from investing activities was -3,305,432.52, an improvement from -22,945,369.33 in the previous period[28] - Total cash and cash equivalents at the end of the period were 167,502,791.16, down from 225,641,396.16[29] - Cash outflow for financing activities was 318,202,310.66, an increase of 35.3% from 235,176,189.40 in the prior period[29] - The total cash outflow for operating activities was 288,492,138.02, an increase from 275,315,087.44 in the previous period[28] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 40,448[11] - The company approved a stock option and restricted stock incentive plan for 2024, with 33.54 million stock options granted to 456 recipients[16] Investments and Subsidiaries - The company established a wholly-owned subsidiary, Hubei Ruihua Automotive Electronics Co., Ltd., which has completed its business registration[14] - The company plans to expand its market presence through the establishment of new subsidiaries and investment in technology[14] - Long-term equity investments increased slightly from CNY 216.42 million to CNY 219.74 million, an increase of about 1.5%[19] Operational Efficiency - Total operating costs decreased to ¥320,580,640.73 from ¥339,548,263.89, representing a reduction of 5.4%[24] - Research and development expenses were ¥24,558,381.84, down from ¥27,949,499.76, a decrease of 12.5%[24] - The company reported a significant increase in investment income to ¥3,834,463.73 from ¥4,771,079.75, a decrease of 19.6%[24] Other Financial Metrics - The weighted average return on equity increased to 0.36% from -0.74%, a change of 148.65%[4] - The company received CNY 4,535.79 in tax refunds, a significant increase of 221,494.18% compared to CNY 2.05 in the previous period[9] - Short-term borrowings increased by 45.04% to CNY 7,809.08 from CNY 5,384.00, primarily due to increased bank loans[8] - The company's cash and cash equivalents decreased from CNY 421.15 million to CNY 217.70 million, a decline of approximately 48.3%[18] - Accounts receivable decreased from CNY 495.56 million to CNY 482.82 million, a reduction of about 2.5%[19] - Inventory decreased from CNY 468.17 million to CNY 449.26 million, a decline of approximately 4.0%[19] - Total current assets decreased from CNY 1.64 billion to CNY 1.31 billion, a reduction of about 19.0%[19] - The total non-current assets include fixed assets valued at CNY 1.08 billion, which decreased from CNY 1.10 billion[19] - The company is focused on enhancing its product offerings and technological advancements to drive future growth[14]