ACMSH(SH:688082)2024-04-26 09:36Financial Performance - The company's revenue for Q1 2024 reached ¥921,388,511.56, representing a year-on-year increase of 49.63%[2] - Net profit attributable to shareholders decreased by 38.76% to ¥80,183,413.97 compared to the same period last year[2] - Basic and diluted earnings per share were both ¥0.18, reflecting a decrease of 40.00% compared to the previous year[4] - Total revenue for Q1 2024 reached ¥921,388,511.56, a significant increase of 49.5% compared to ¥615,784,940.35 in Q1 2023[19] - Net profit for Q1 2024 was ¥80,183,413.97, a decrease of 38.7% from ¥130,937,182.52 in Q1 2023[20] Research and Development - R&D expenses totaled ¥204,219,722.87, marking a significant increase of 109.01% year-on-year, accounting for 22.16% of total revenue, up by 6.29 percentage points[4] - The company is focusing on new product development and market expansion, which contributed to the increase in R&D investment[7] - Research and development expenses increased to ¥167,819,748.27 in Q1 2024, compared to ¥97,647,412.21 in Q1 2023, reflecting a growth of 71.7%[20] Cash Flow and Assets - The net cash flow from operating activities was -¥155,024,348.43, indicating a non-applicable change due to the nature of the cash flow[2] - Cash flow from operating activities was ¥1,019,049,821.20 in Q1 2024, up from ¥617,854,553.09 in Q1 2023, indicating a growth of 64.9%[23] - Total assets at the end of the reporting period were ¥10,128,342,214.21, an increase of 3.84% from the end of the previous year[4] - Total assets as of Q1 2024 amounted to ¥10,128,342,214.21, an increase from ¥9,753,797,716.90 in the previous year[16] - Total cash and cash equivalents decreased to CNY 1,429,928,401.69 from CNY 1,523,342,073.95, representing a decline of about 6.15%[13] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,000[8] - The company’s total liabilities and equity structure remains stable, with no significant changes reported in the shareholder equity section[12] - There are no significant changes in the shareholder structure or any mergers and acquisitions reported in this quarter[12] Operating Costs - Total operating costs for Q1 2024 were ¥830,543,397.17, up 70.6% from ¥486,696,292.29 in Q1 2023[19] Other Financial Metrics - The weighted average return on equity was 1.23%, a decrease of 1.11 percentage points[4] - Other comprehensive income for Q1 2024 was reported at -¥727,621.90, compared to -¥1,421,417.91 in Q1 2023[21] - The company received $66,989,342.30 in tax refunds related to operating activities[24] - Cash paid to employees was $113,770,509.76, compared to $94,238,338.33 in the previous year, reflecting an increase in payroll expenses[24]