Financial Performance - Net profit attributable to shareholders rose by 56.09% to ¥7,462,724.48, driven by increased revenue[12] - Operating income for the first quarter reached ¥49,820,075.11, a 40.93% increase year-on-year[12] - Total revenue for Q1 2023 reached ¥49,820,075.11, a significant increase from ¥35,350,425.20 in Q1 2022, representing an increase of approximately 40.9%[40] - Operating profit for Q1 2023 was ¥8,513,391.91, compared to ¥5,661,805.08 in Q1 2022, reflecting a growth of about 50.5%[41] - Net profit for Q1 2023 amounted to ¥7,462,724.48, up from ¥4,780,950.16 in Q1 2022, indicating an increase of approximately 56.2%[41] - Operating revenue for Q1 2024 reached ¥49,765,029.24, a significant increase from ¥35,350,425.20 in Q1 2023, representing an increase of approximately 40.7%[44] - Net profit for Q1 2024 was ¥6,940,467.88, compared to ¥4,514,865.39 in Q1 2023, reflecting a growth of about 54.0%[44] - Operating profit for Q1 2024 was ¥7,966,787.62, up from ¥5,266,417.79 in Q1 2023, indicating an increase of approximately 51.2%[44] Assets and Liabilities - Total assets increased by 2.03% to ¥529,289,316.44 compared to the end of last year[12] - The company's total liabilities to assets ratio remained stable at 15.97% for consolidated figures[12] - Total liabilities amounted to CNY 84,509,369.09, up from CNY 82,062,642.00, marking an increase of about 3%[34] - Total liabilities rose to ¥96,411,055.64 in Q1 2023, compared to ¥94,917,928.06 in Q1 2022, an increase of approximately 1.57%[39] - Owner's equity increased to ¥437,660,775.22 in Q1 2023 from ¥430,113,322.35 in Q1 2022, reflecting a growth of about 1.7%[39] Cash Flow - Cash flow from operating activities improved by 139.57% to ¥2,882,021.35, benefiting from tax refunds and reduced cash payments[14] - Cash flow from operating activities for Q1 2024 was ¥2,882,021.35, a turnaround from a negative cash flow of ¥7,282,968.80 in Q1 2023[46] - The company reported a significant increase in cash flow, with cash and cash equivalents showing a notable rise[33] - The company achieved a cash inflow from sales of goods and services of ¥27,392,463.96 in Q1 2024, slightly lower than ¥28,424,586.96 in Q1 2023[46] Shareholder Information - The number of ordinary shareholders stood at 7,538 as of the report date[18] - The total number of shares held by the top ten shareholders is 70,769,031, accounting for 66.68% of the total shares[21] - The largest shareholder, Ma Shuyun, holds 25,033,600 shares, representing 23.59% of the total shares[21] - The second-largest shareholder, Wang Weichen, holds 10,641,600 shares, which is 10.03% of the total shares[21] - There are no pledged or judicially frozen shares among the top ten shareholders[22] Incentive Plans and Commitments - The company approved a stock incentive plan granting 3 million restricted shares to certain directors and key employees[26] - A total of 240,000 restricted shares have been registered for the incentive plan as of July 25, 2023[26] - All disclosed commitments are being fulfilled without any violations[28] Other Income and Expenses - Other income saw a dramatic increase of 20,302.35% to ¥840,464.75, primarily from government subsidies[14] - Research and development expenses for Q1 2023 were ¥2,153,155.81, slightly down from ¥2,175,586.02 in Q1 2022[40] - Research and development expenses for Q1 2024 were ¥2,123,655.86, slightly down from ¥2,172,094.30 in Q1 2023[44] - Sales expenses decreased to ¥509,714.09 in Q1 2024 from ¥606,395.35 in Q1 2023, showing a reduction of approximately 16.0%[44] Legal Matters - There are ongoing litigation matters, with details disclosed in the announcement dated March 29, 2024[25] - The company has no external guarantees or loans provided during the reporting period[24] Market Outlook - The company is focusing on expanding its market presence and enhancing product development strategies[36] - Future outlook remains positive with ongoing investments in technology and market expansion initiatives[36]
天马新材(838971) - 2024 Q1 - 季度财报