R&Y(SH:603286)2024-04-26 08:41Financial Performance - The company's operating revenue for Q1 2024 was CNY 196,165,058.25, representing a year-on-year increase of 20.81%[5] - The net profit attributable to shareholders for Q1 2024 was CNY 5,700,941.57, a significant increase of 94.06% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 5,094,789.36, reflecting a 128.08% increase year-on-year[5] - The basic earnings per share for Q1 2024 was CNY 0.05, up by 66.67% from the previous year[5] - The diluted earnings per share for Q1 2024 was also CNY 0.05, showing a 66.67% increase compared to the same period last year[5] - The company reported a net profit margin improvement, with net profit for Q1 2024 showing a positive trend compared to the previous year[20] - Net profit for Q1 2024 was ¥7,034,016.08, up from ¥3,319,483.03, indicating a significant increase of about 111.5% compared to the same period last year[22] - Operating profit rose to ¥6,952,827.43 from ¥2,034,794.90, reflecting an increase of approximately 242.5% year-over-year[21] - Total revenue from sales of goods and services reached ¥203,276,701.82, compared to ¥159,307,919.52 in Q1 2023, marking an increase of about 27.6%[24] - The company reported a total comprehensive income of ¥6,716,189.09, up from ¥3,435,628.09, reflecting an increase of about 95.5% year-over-year[22] Assets and Liabilities - Total assets at the end of Q1 2024 amounted to CNY 1,709,333,848.66, a 1.47% increase from the end of the previous year[6] - Total assets increased to ¥1,709,333,848.66 as of March 31, 2024, compared to ¥1,684,520,265.19 at the end of 2023[17] - Total liabilities rose to ¥825,964,527.44 from ¥807,867,133.06, marking an increase of 2.5%[16] - Shareholders' equity increased to ¥883,369,321.22 from ¥876,653,132.13, reflecting a growth of 0.8%[17] Cash Flow - The net cash flow from operating activities for Q1 2024 was CNY 5,883,176.28, with a significant increase in sales collections compared to the same period last year[9] - The net cash flow from operating activities improved to ¥5,883,176.28, a turnaround from a negative cash flow of ¥25,477,676.11 in the previous year[25] - Cash and cash equivalents at the end of the period were ¥410,956,215.82, down from ¥99,229,608.71, indicating a decrease of approximately 58.5%[26] - Investment activities resulted in a net cash outflow of ¥28,248,987.48, compared to a larger outflow of ¥67,870,540.76 in Q1 2023[25] Costs and Expenses - Total operating costs for Q1 2024 were ¥191,191,011.72, up from ¥162,718,982.91 in Q1 2023, reflecting a rise of 17.5%[20] - R&D expenses increased to ¥10,670,112.57 from ¥8,602,859.23, representing a growth of approximately 24.0% year-over-year[21] - The company incurred financial expenses of ¥1,893,852.72, an increase from ¥1,571,266.26, primarily due to higher interest expenses[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 25,648[11] Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters[20]