德宏股份(603701) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 168,120,938.90, representing a year-on-year increase of 13.28%[5] - The net profit attributable to shareholders for the same period was CNY 7,123,487.40, reflecting a growth of 5.78% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 33.77%, amounting to CNY 6,299,030.39, primarily due to revenue growth[10] - In Q1 2024, the company reported a net profit of CNY 8,579,933.73, an increase of 16.2% compared to CNY 7,383,655.77 in Q1 2023[23] - The operating profit for Q1 2024 was CNY 9,118,068.38, up 18.8% from CNY 7,672,478.41 in the same period last year[23] - The total revenue from sales of goods and services reached CNY 110,918,725.73, a significant increase of 57.2% compared to CNY 70,527,956.67 in Q1 2023[26] - The company reported a total comprehensive income of CNY 8,579,933.73 for Q1 2024, compared to CNY 7,383,655.77 in Q1 2023[24] - Basic and diluted earnings per share remained stable at CNY 0.03 for both Q1 2024 and Q1 2023[24] Cash Flow and Liquidity - The net cash flow from operating activities was CNY 4,053,623.43, with a significant increase in cash collections from operating revenue[10] - The company generated a net cash flow from operating activities of CNY 4,053,623.43, recovering from a negative cash flow of CNY -9,777,872.43 in Q1 2023[27] - The cash and cash equivalents at the end of Q1 2024 stood at CNY 95,512,575.81, an increase from CNY 66,022,596.79 at the end of Q1 2023[28] - The company's cash and cash equivalents as of March 31, 2024, amounted to ¥101,405,203.51, compared to ¥73,312,794.96 at the end of 2023, indicating a significant increase of 38.4%[16] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,187,632,986.85, up 4.47% from the end of the previous year[6] - Total assets as of March 31, 2024, were ¥1,187,632,986.85, up from ¥1,136,845,955.20 at the end of 2023, reflecting a growth of 4.5%[18] - Total liabilities increased to ¥389,848,092.82 from ¥347,640,994.89, indicating a rise of 12.1%[18] - The company's equity attributable to shareholders rose to ¥769,477,371.65 from ¥762,353,884.26, a slight increase of 0.9%[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,636[12] - The largest shareholder, Ningbo Zhenhai Investment Co., Ltd., holds 30.14% of the shares, totaling 78,780,000 shares[13] Investment and Development - The company acquired a 17% stake in Zhejiang Quandi Energy Technology Co., investing ¥18.8 million to further develop its energy storage segment[14] - The company plans to continue expanding its market presence and investing in new technologies to enhance its competitive edge[14] - Research and development expenses for Q1 2024 were CNY 4,879,926.80, slightly up from CNY 4,875,116.24 in Q1 2023[23] Operating Costs - Total operating costs for Q1 2024 were ¥158,936,041.11, up from ¥138,462,338.91 in Q1 2023, reflecting a year-over-year increase of 14.8%[22]