东来技术(688129) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 reached ¥112,879,873.18, representing a year-on-year increase of 35.57%[2] - Net profit attributable to shareholders was ¥19,982,053.35, showing a significant increase of 554.75% compared to the same period last year[2] - Basic earnings per share (EPS) was reported at ¥0.17, reflecting a growth of 466.67% year-on-year[2] - Total operating revenue for Q1 2024 reached ¥112,879,873.18, a 35.7% increase from ¥83,260,112.22 in Q1 2023[18] - Net profit for Q1 2024 was ¥19,982,053.35, compared to ¥3,051,849.07 in Q1 2023, marking a significant increase of 554.5%[19] - Earnings per share for Q1 2024 were ¥0.17, up from ¥0.03 in Q1 2023, indicating a growth of 466.7%[20] Cash Flow and Management - The net cash flow from operating activities was negative at -¥36,301,729.15, indicating a need for improved cash management[2] - Cash inflow from operating activities in Q1 2024 was ¥113,332,127.03, compared to ¥87,778,269.13 in Q1 2023, reflecting a growth of 29.1%[20] - The net cash flow from operating activities was -$36.3 million, an improvement from -$41.4 million in the previous quarter[21] - Cash inflow from investment activities totaled $383.1 million, compared to $285.4 million in the prior quarter, resulting in a net cash flow of $45.9 million from investments[21] - Cash inflow from financing activities was $258.4 million, significantly higher than $99.2 million in the previous quarter, with a net cash flow of $6.8 million[21] - The company recorded a cash outflow of $10.2 million related to other operating activities, down from $13.9 million in the previous quarter[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,573,848,293.40, a slight increase of 0.18% from the end of the previous year[3] - Total liabilities as of Q1 2024 amounted to ¥742,108,410.41, an increase from ¥703,360,551.87 in the previous year[16] - The total assets as of Q1 2024 were ¥1,573,848,293.40, a slight increase from ¥1,571,072,273.25 in the previous year[16] - The company's total current assets increased to RMB 1,265,264,542.65 from RMB 1,261,459,135.12 as of December 31, 2023[14] - The company's inventory increased to RMB 109,111,181.23 from RMB 98,560,251.40, representing a growth of about 10.5%[14] - Short-term borrowings increased to RMB 646,689,124.56 from RMB 578,884,572.63, indicating a rise of approximately 11.7%[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 5,284, indicating a stable shareholder base[9] - The top ten shareholders collectively hold 44.28% of the shares, with Shanghai Donglai Technology Co., Ltd. being the largest shareholder at 53,352,000 shares[9] - As of March 31, 2024, the company has repurchased a total of 5,294,468 shares, accounting for 4.39% of the total share capital of 120,478,800 shares[12] - The company plans to use repurchased shares to maintain company value and protect shareholder interests[11] - The company has not reported any changes in the shareholding structure of the top 10 shareholders due to securities lending activities[10] Research and Development - Research and development (R&D) expenses totaled ¥6,754,940.43, accounting for 5.98% of operating revenue, a decrease of 1.95 percentage points year-on-year[3] - Research and development expenses for Q1 2024 were ¥6,754,940.43, slightly up from ¥6,600,595.11 in Q1 2023, indicating a focus on innovation[18] Financial Expenses - The company reported a financial expense of ¥3,048,784.03 in Q1 2024, significantly higher than ¥1,117,976.19 in Q1 2023, reflecting increased borrowing costs[18]