睿能科技(603933) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 432,173,692.03, representing a decrease of 7.16% compared to the same period last year[3] - Net profit attributable to shareholders was CNY 18,060,603.59, an increase of 7.50% year-on-year[3] - Basic earnings per share were CNY 0.0870, reflecting a growth of 7.54% compared to the previous year[3] - Total revenue for Q1 2024 was ¥432,173,692.03, a decrease of 7.1% compared to ¥465,485,065.02 in Q1 2023[16] - Net profit for Q1 2024 increased to ¥17,925,136.66, compared to ¥16,945,388.50 in Q1 2023, representing a growth of 6.4%[16] - The net profit attributable to shareholders of the parent company for Q1 2024 was ¥18,060,603.59, up from ¥16,800,039.41 in Q1 2023, an increase of 7.5%[17] - Basic and diluted earnings per share for Q1 2024 were both ¥0.0870, compared to ¥0.0809 in Q1 2023, reflecting a growth of 3.9%[17] Cash Flow - The net cash flow from operating activities increased by 60.23% to CNY 51,321,852.77[3] - In Q1 2024, the net cash flow from operating activities was CNY 51,321,852.77, an increase of 60.3% compared to CNY 32,029,544.06 in Q1 2023[20] - Cash inflow from operating activities totaled CNY 400,931,244.55, down 17.3% from CNY 484,547,393.52 in the same period last year[20] - Cash outflow from operating activities decreased to CNY 349,609,391.78, a reduction of 22.8% compared to CNY 452,517,849.46 in Q1 2023[20] - Cash flow from investing activities showed a net outflow of CNY 9,514,440.27, an improvement from a net outflow of CNY 25,524,989.28 in the previous year[20] - Cash inflow from investing activities was CNY 93,617,607.08, significantly higher than CNY 47,544,561.49 in Q1 2023[20] - Cash outflow from financing activities was CNY 170,725,781.08, up from CNY 155,104,370.86 in the same quarter last year[21] - The net cash flow from financing activities was negative at CNY -6,742,138.32, compared to a positive CNY 6,383,112.87 in Q1 2023[21] - The ending cash and cash equivalents balance increased to CNY 159,287,395.85, up from CNY 109,469,002.96 year-over-year[21] - The company received CNY 145,504,150.00 in borrowings during Q1 2024, slightly down from CNY 155,755,942.59 in Q1 2023[21] - The company reported a total cash inflow of CNY 163,983,642.76 from financing activities, a slight increase from CNY 161,487,483.73 in the previous year[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,286,012,211.72, up 1.83% from the end of the previous year[3] - Total liabilities as of the end of Q1 2024 were ¥962,797,713.45, compared to ¥939,929,027.08 at the end of Q1 2023, showing an increase of 2.9%[13] - As of March 31, 2024, the total current assets amounted to RMB 1,687,753,429.88, an increase from RMB 1,667,187,232.61 at the end of 2023[11] - Cash and cash equivalents were reported at RMB 180,002,618.70, up from RMB 159,148,793.04 at the end of 2023[11] - Accounts receivable increased to RMB 557,586,352.25 from RMB 517,851,484.49[11] - Inventory stood at RMB 674,132,990.56, slightly up from RMB 672,733,541.87[11] - Long-term equity investments rose to RMB 34,027,878.60 from RMB 32,129,744.99[11] Shareholder Information - The total number of common shareholders at the end of the reporting period was 30,470[7] - The largest shareholder, Ruineng Industrial Co., Ltd., holds 131,804,736 shares, accounting for 62.70% of the total shares[7] Investment and Projects - The company plans to invest RMB 500 million in establishing an industrial automation production base in Jiaxing, focusing on the R&D and production of frequency converters and servo motors[8] - The land for the new project was acquired for a total price of RMB 15.2681 million[8] - The company has established a wholly-owned subsidiary, Jiaxing Ruineng Electric Co., Ltd., to manage the new industrial automation project[8] Other Income and Expenses - The company reported a significant increase in investment income of 844.37% to CNY 186.44 million, primarily due to increased returns from joint ventures[6] - The company experienced a 34.42% increase in accounts payable, attributed to improved manufacturing business momentum and increased procurement[6] - The company reported a 565.47% increase in other income, mainly due to increased penalties from customer defaults[6] - Research and development expenses for Q1 2024 were ¥28,623,357.89, slightly up from ¥27,558,756.47 in Q1 2023, indicating a focus on innovation[16] - The company reported a decrease in financial expenses to ¥4,203,643.06 in Q1 2024 from ¥3,117,465.00 in Q1 2023, suggesting improved financial management[16]