浙江恒威(301222) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥146,292,379.37, representing an increase of 11.85% compared to ¥130,799,070.73 in the same period last year[5]. - Net profit attributable to shareholders increased by 33.01% to ¥35,371,413.86 from ¥26,593,107.77 year-on-year[5]. - The net profit after deducting non-recurring gains and losses rose by 48.16% to ¥35,487,525.75 compared to ¥23,952,577.06 in the previous year[5]. - The basic earnings per share increased by 34.62% to ¥0.35 from ¥0.26 in the same period last year[5]. - Operating profit increased to ¥41,867,497.55, up 33.4% from ¥31,382,702.07 in the prior period[19]. - Net profit for the current period was ¥35,371,413.86, representing a 33.1% increase from ¥26,593,107.77 in the previous period[19]. - Basic and diluted earnings per share increased to ¥0.35 from ¥0.26 in the previous period[19]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,425,520,372.87, a growth of 1.78% from ¥1,400,647,401.38 at the end of the previous year[5]. - The total assets as of March 31, 2024, amounted to CNY 1,425,520,372.87, an increase from CNY 1,400,647,401.38 at the beginning of the period, reflecting a growth of approximately 1.3%[15]. - Total liabilities decreased to CNY 59,987,001.51 from CNY 68,253,670.14, a reduction of about 12.5%[16]. - The total equity attributable to the parent company increased to CNY 1,365,533,371.36 from CNY 1,332,393,731.24, reflecting a growth of approximately 2.5%[17]. Cash Flow - The net cash flow from operating activities decreased by 192.55% to -¥13,590,240.82, primarily due to prepayments for electrolytic manganese dioxide[8]. - The company reported a net cash outflow from operating activities of ¥13,590,240.82, compared to a net inflow of ¥14,683,692.08 in the previous period[21]. - Cash and cash equivalents at the end of the period totaled ¥937,903,943.21, down from ¥981,059,224.90 at the beginning of the period[22]. - The company experienced a decrease in total cash inflow from operating activities, which was ¥150,876,581.25, compared to ¥152,767,970.60 in the previous period[21]. Shareholder Information - The company reported a total of 10,109 ordinary shareholders at the end of the reporting period[9]. - The largest shareholder, Jiaxing Hengmao Enterprise Management Co., Ltd., holds 37.72% of the shares[9]. - The company plans to repurchase shares using between CNY 25 million and CNY 50 million, with a maximum price of CNY 36.50 per share, within a 12-month period[13]. - The company has disclosed plans for future share repurchase and employee stock ownership plans, indicating a strategic focus on enhancing shareholder value[13]. Other Financial Metrics - The weighted average return on equity was 2.62%, up from 2.09% in the previous year[5]. - The company recorded a tax expense of ¥6,496,156.62, which is an increase from ¥4,816,930.65 in the previous period[19]. - Research and development expenses were ¥3,847,965.11, slightly down from ¥4,156,773.74 in the previous period[18]. - Other comprehensive income after tax was ¥1,619,497.87, compared to a loss of ¥41,939.09 in the previous period[19]. Inventory and Receivables - Accounts receivable increased to CNY 91,566,300.02 from CNY 78,270,108.48, marking a rise of approximately 16.9%[15]. - Inventory rose to CNY 105,777,250.20 from CNY 97,413,633.26, indicating an increase of around 8.5%[15]. - The company reported a significant increase in prepayments, which rose to CNY 45,627,889.34 from CNY 4,628,211.04, a substantial increase of approximately 884.5%[15]. Non-Current Assets - The company’s non-current assets totaled CNY 176,686,234.59, slightly up from CNY 173,168,000.14, showing a modest increase of about 3%[16].