莱宝高科(002106) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 1,468,098,237.44, representing a 27.34% increase compared to CNY 1,152,915,703.25 in the same period last year[4] - Net profit attributable to shareholders reached CNY 117,414,529.05, a significant increase of 448.08% from CNY 21,422,950.89 year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 115,719,850.87, up 553.45% from CNY 17,708,945.03 in the previous year[4] - The company's basic earnings per share rose to CNY 0.1664, a 447.37% increase from CNY 0.0304 in the previous year[4] - Net profit for Q1 2024 was ¥117,987,850.48, a significant increase from ¥21,384,134.10 in Q1 2023, representing a growth of 438.5%[27] - Basic and diluted earnings per share for Q1 2024 were both ¥0.1664, compared to ¥0.0304 in Q1 2023[28] Assets and Liabilities - The company's total assets increased by 23.09% to CNY 8,255,097,916.89 from CNY 6,706,352,095.67 at the end of the previous year[5] - Total assets as of Q1 2024 amounted to ¥8,255,097,916.89, an increase from ¥6,706,352,095.67 in the previous year[25] - Total liabilities for Q1 2024 were ¥2,616,874,021.33, compared to ¥1,486,291,970.46 in Q1 2023, reflecting a growth of 76.1%[25] - The total equity attributable to shareholders of the parent company was ¥5,331,559,948.81, an increase from ¥5,213,969,499.89 in the previous year[25] Cash Flow - Cash flow from operating activities decreased by 75.16% to CNY 57,220,480.95, down from CNY 230,376,476.12 in the same period last year[4] - The net cash flow from operating activities decreased by CNY 173.16 million, a decline of 75.16%, mainly due to increased payments for material procurement and employee compensation[18] - The cash inflow from operating activities for Q1 2024 was CNY 1,449,324,745.40, an increase of 21.5% compared to CNY 1,192,784,322.20 in Q1 2023[29] - The net cash flow from operating activities decreased to CNY 57,220,480.95 in Q1 2024, down 75.1% from CNY 230,376,476.12 in Q1 2023[30] - The total cash inflow from financing activities was CNY 1,500,000,000.00 in Q1 2024, with a net cash flow of CNY 1,500,000,000.00 after accounting for cash outflows[30] - The cash and cash equivalents at the end of Q1 2024 amounted to CNY 4,557,320,573.87, a significant increase from CNY 2,832,623,115.90 at the end of Q1 2023[30] Investments and Expenses - The company received CNY 150,000,000 in investment from other shareholders, which positively impacted its cash and total assets[12] - Research and development expenses increased to ¥64,762,909.04 in Q1 2024, compared to ¥53,808,389.20 in Q1 2023, marking a rise of 20.3%[27] - Employee compensation payments increased to CNY 223,430,191.22 in Q1 2024, a rise of 51.4% from CNY 147,542,693.54 in Q1 2023[30] Production and Sales - The company reported a significant increase in production and sales of large-size capacitive touch screens and automotive cover glass, contributing to overall revenue growth[9] - Operating costs for Q1 2024 were ¥1,330,996,311.61, up 19.1% from ¥1,117,583,400.60 in the same period last year[26] Shareholder Information - The company reported a total of 47,803 common shareholders at the end of the reporting period[20] - The largest shareholder, China Energy Conservation and Environmental Protection Group, holds 20.84% of the shares, totaling 147,108,123 shares[20] Foreign Exchange Impact - The impact of exchange rate fluctuations on cash and cash equivalents increased by CNY 17.89 million, a growth of 157.44%, attributed to slight appreciation of the USD against the RMB during the reporting period[18] - The company reported a cash flow impact from foreign exchange fluctuations of CNY 6,525,524.85 in Q1 2024, compared to a negative impact of CNY 11,360,635.80 in Q1 2023[30] Inventory and Receivables - Total current assets at the end of the reporting period amounted to CNY 6.62 billion, up from CNY 5.03 billion at the beginning of the period[23] - Cash and cash equivalents increased to CNY 4.56 billion from CNY 3.02 billion, indicating strong liquidity position[23] - Accounts receivable rose to CNY 1.39 billion from CNY 1.34 billion, reflecting increased sales activity[23] - Inventory decreased to CNY 547.81 million from CNY 561.92 million, suggesting improved inventory management[23] Other Information - The company plans to continue advancing the micro-cavity electronic paper display device (MED) project through its subsidiary, Zhejiang Laibao Display Technology Co., Ltd.[11] - The company did not report any new product launches or significant market expansion strategies during the first quarter[31]