兴通股份(603209) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 385,589,429.03, representing a year-on-year increase of 13.64%[7] - The net profit attributable to shareholders for the same period was CNY 77,448,329.50, showing a slight increase of 0.57% compared to the previous year[7] - Total revenue for Q1 2024 reached ¥385,589,429.03, an increase of 13.6% compared to ¥339,297,865.72 in Q1 2023[23] - Net profit for Q1 2024 was ¥79,154,705.68, slightly higher than ¥78,469,807.02 in Q1 2023, reflecting a growth of 0.9%[24] - Basic and diluted earnings per share remained at CNY 0.28, unchanged from the previous year after adjusting for the increase in share capital[7][8] - The company reported a basic and diluted earnings per share of ¥0.28 for both Q1 2024 and Q1 2023[25] Cash Flow - The net cash flow from operating activities significantly increased by 76.88%, amounting to CNY 135,411,977.18, primarily due to business expansion and increased revenue[7][11] - Cash flow from operating activities in Q1 2024 was ¥367,890,589.41, compared to ¥295,128,633.57 in Q1 2023, indicating a significant increase of 24.6%[27] - The net cash inflow from operating activities for Q1 2024 was $135,411,977.18, an increase from $76,554,621.25 in Q1 2023, representing a growth of approximately 77%[28] - Cash received from other operating activities was $29,835,947.66, significantly higher than $11,543,273.41 in Q1 2023, indicating an increase of about 158%[28] - The total cash outflow from operating activities was $262,400,566.64, compared to $230,188,770.12 in Q1 2023, representing an increase of approximately 14%[28] Assets and Liabilities - Total assets at the end of Q1 2024 reached CNY 3,921,067,283.47, reflecting a growth of 3.22% from the end of the previous year[8] - Total assets increased to ¥3,921,067,283.47 in Q1 2024 from ¥3,798,789,190.13 in Q1 2023, representing a rise of 3.2%[21] - Total liabilities rose to ¥1,420,276,530.79 in Q1 2024, compared to ¥1,362,518,925.56 in Q1 2023, an increase of 4.2%[21] - Non-current assets totaled ¥3,184,544,222.90 in Q1 2024, up from ¥3,113,399,268.18 in Q1 2023, marking a growth of 2.3%[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,355[12] - The top shareholder, Chen Xingming, holds 28.26% of the shares, amounting to 79,135,000 shares[12] Equity and Investments - The equity attributable to shareholders increased by 2.85% to CNY 2,269,569,028.16 compared to the end of the last fiscal year[8] - The company’s equity increased to ¥2,500,790,752.68 in Q1 2024 from ¥2,436,270,264.57 in Q1 2023, reflecting a growth of 2.6%[21] - The company’s long-term equity investments increased slightly to RMB 52,322,887.93 from RMB 51,599,667.19, showing a growth of approximately 1.4%[19] Repurchase and Stock Plans - The company has repurchased a total of 4,072,473 A-shares, which is 1.45% of the total share capital, with a total expenditure of RMB 63,696,224.02[16] - The company plans to use the repurchased shares for employee stock ownership plans or equity incentive plans, with a total repurchase budget between RMB 50 million and RMB 80 million[15] - The company has approved a share repurchase plan that will last for no more than 12 months from the date of the board's approval[15] Inventory and Receivables - The company reported a significant increase in accounts receivable, which rose to RMB 138,423,731.70 from RMB 113,087,085.24, marking an increase of approximately 22.4%[19] - The company’s inventory decreased to RMB 43,037,659.71 from RMB 49,548,122.83, reflecting a decline of about 13.1%[19] Other Financial Metrics - The weighted average return on equity decreased by 0.26 percentage points to 3.46%[7] - The company reported non-recurring gains and losses totaling CNY 355,435.12 for the quarter[11] - The company received tax refunds amounting to $86,006.75, up from $71,484.39 in the previous year, which is an increase of approximately 20%[28] - The impact of exchange rate changes on cash and cash equivalents was $814,164.75, contrasting with -$1,131,763.35 in Q1 2023, indicating a positive shift[29]