炬光科技(688167) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥136,988,372.14, representing a year-on-year increase of 17.38%[4] - The net profit attributable to shareholders was -¥16,189,740.19, a decrease of 206.61% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥18,899,030.20, reflecting a decline of 382.30% year-on-year[4] - The basic earnings per share were -¥0.18, a decrease of 205.88% compared to the same period last year[4] - The net profit for Q1 2024 was -16,189,740.19 RMB, compared to a net profit of 15,185,563.58 RMB in Q1 2023, representing a significant decline[32] - Operating profit for Q1 2024 was -20,352,838.86 RMB, down from an operating profit of 14,133,000.82 RMB in the same period last year[32] - The company reported a total comprehensive income of -26,655,112.63 RMB for Q1 2024, compared to 16,290,237.64 RMB in Q1 2023[33] - The basic and diluted earnings per share for Q1 2024 were both -0.18 RMB, compared to 0.17 RMB in Q1 2023[33] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,970,621,979.18, an increase of 12.98% from the end of the previous year[5] - The total liabilities amounted to ¥632,669,788.65, significantly increasing from ¥217,973,796.15 in the previous year[11] - The equity attributable to shareholders decreased by 3.05% to ¥2,337,952,190.53 compared to the end of the previous year[5] - Total assets increased to approximately ¥2.97 billion, up from ¥2.63 billion, representing a growth of about 13.06%[43] - Non-current assets totaled ¥1.17 billion, significantly up from ¥589.39 million, marking an increase of approximately 99.06%[43] - Goodwill increased to ¥374.64 million, compared to ¥77.76 million, reflecting a growth of 380.73%[43] Cash Flow and Investments - The net cash flow from operating activities for Q1 2024 was -¥30,677,194.85, compared to -¥32,867,483.73 in Q1 2023[25] - The cash and cash equivalents at the end of Q1 2024 were ¥1,146,312,526.96, a decrease from ¥1,153,107,285.95 at the end of Q1 2023[13] - The net cash outflow from investing activities in Q1 2024 was -¥667,240,452.92, compared to a net inflow of ¥275,930,132.61 in Q1 2023[25] - The company reported a cash outflow of ¥60,013,378.78 from financing activities in Q1 2024, compared to ¥47,609,850.47 in Q1 2023[13] - The company’s cash flow from financing activities was significantly positive at ¥290,964,896.07 in Q1 2024, compared to a negative cash flow of -¥31,129,850.47 in Q1 2023[13] - The cash paid for dividends and interest in Q1 2024 was ¥2,474,808.56, significantly higher than ¥224,009.89 in Q1 2023[13] - The cash and cash equivalents as of March 31, 2024, were 1,184,881,454.48 RMB, down from 1,602,532,535.93 RMB at the end of 2023[40] - The company reported a financial loss of 10,465,372.44 RMB in other comprehensive income for Q1 2024, compared to a gain of 1,104,674.06 RMB in Q1 2023[33] Research and Development - The company's R&D investment totaled ¥22,406,804.96, which is 16.36% of operating revenue, up by 0.26 percentage points year-on-year[5] - Research and development expenses increased to 22,406,804.96 RMB in Q1 2024, up from 18,792,564.88 RMB in Q1 2023, indicating a rise of about 19.5%[32] Strategic Moves - The company completed the acquisition of SUSS MicroOptics SA, which impacted revenue due to customer uncertainty and higher costs[7] - The company completed the acquisition of 100% equity in SUSS MicroOptics SA for €58,297,079.62 and assumed shareholder loans of €16,918,442.92[18] - The acquisition of 100% equity in SUSS MicroOptics SA is a key strategic move for the company[45] - The company plans to continue its market expansion and product development strategies following the acquisition of SUSS MicroOptics SA[16] - The company is focusing on market expansion and new product development as part of its growth strategy[45] Shareholder Information - The company has initiated a share repurchase program with a budget of 25 million to 50 million RMB, aiming to buy back shares at a price not exceeding 120.00 RMB per share[38] - As of the report date, the company has repurchased 598,000 shares, accounting for 0.6618% of the total share capital, with a total expenditure of 49,845,361.69 RMB[39] - The company repurchased 1,791,000 shares, accounting for 1.98% of total shares outstanding[44] - The top ten shareholders hold a combined total of 38.56% of the shares, with the largest shareholder owning 13.27%[69] Operating Costs - The total operating costs for Q1 2024 were ¥158,360,635.96, up from ¥107,223,284.76 in Q1 2023[28] - Inventory rose to ¥268.58 million, an increase of 31.06% compared to ¥204.86 million in the previous period[43]