征和工业(003033) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥371,604,262.20, representing a 7.98% increase compared to ¥344,145,163.73 in the same period last year[5] - Net profit attributable to shareholders for Q1 2024 was ¥26,906,639.20, up 4.88% from ¥25,655,036.20 in the previous year[5] - The net profit after deducting non-recurring gains and losses was ¥25,988,482.34, reflecting an 18.63% increase from ¥21,908,047.97 year-on-year, mainly due to a decrease in non-recurring gains[9] - Basic and diluted earnings per share for Q1 2024 were both ¥0.33, a 6.45% increase from ¥0.31 in the same period last year[5] - Operating profit for the quarter was ¥31,866,496.24, up from ¥30,179,677.28, reflecting a growth of 5.6% year-over-year[18] - Total operating costs increased to ¥340,310,224.43, up from ¥316,731,950.23, indicating a rise of 7.4% year-over-year[17] - Research and development expenses for the quarter were ¥18,189,140.72, slightly up from ¥17,679,028.56, reflecting a focus on innovation[17] - The company reported a tax expense of ¥5,017,927.07, compared to ¥4,521,555.14 in the same quarter last year, representing a 11% increase[18] Cash Flow and Assets - The net cash flow from operating activities was -¥49,115,777.80, a decline of 30.70% compared to -¥37,579,703.11 in the previous year, primarily due to increased cash payments for goods and services[9] - Cash flow from operating activities showed a net outflow of ¥49,115,777.80, worsening from a net outflow of ¥37,579,703.11 in the previous year[20] - The net cash flow from investment activities was -57,742,024.71 CNY for Q1 2024, compared to -82,486,218.35 CNY in the same period last year[21] - The cash inflow from financing activities was 101,000,000.00 CNY, while the cash outflow was 6,802,931.46 CNY, resulting in a net cash flow of 99,033,527.80 CNY[21] - The net increase in cash and cash equivalents was -112,142,806.30 CNY, compared to -24,243,850.10 CNY in Q1 2023[21] - The ending balance of cash and cash equivalents was 232,384,593.88 CNY, down from 318,240,119.14 CNY year-over-year[21] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥2,203,300,179.32, down 2.00% from ¥2,248,267,419.32 at the end of the previous year[5] - The company's current assets totaled CNY 969,016,312.75, down from CNY 1,055,030,943.99 at the beginning of the quarter, indicating a decline of approximately 8.2%[14] - Total liabilities decreased to CNY 1,015,439,772.04 from CNY 1,086,271,251.38, a reduction of approximately 6.5%[15] - Current liabilities totaled CNY 376,049,880.80, down from CNY 445,716,857.68, indicating a decrease of about 15.6%[15] - Non-current assets increased to CNY 1,234,283,866.57 from CNY 1,193,236,475.33, reflecting an increase of approximately 3.4%[15] - The company reported a significant increase in prepayments, which rose to CNY 23,994,484.75 from CNY 8,224,935.98, an increase of about 192.5%[14] Shareholder Information - The company reported a total of 6,191 common shareholders at the end of the reporting period[10] - The largest shareholder, Qingdao Kuifeng Machinery Co., Ltd., holds 57.68% of the shares, totaling 47,154,300 shares[10] - Shareholders' equity attributable to the parent company increased by 2.23% to ¥1,187,860,407.28 from ¥1,161,996,167.94 at the end of the previous year[5] Government Support and Other Information - The company received government subsidies amounting to ¥1,134,497.64 during the reporting period[7] - The company has not disclosed any new product developments or market expansion strategies in this report[13] - The company did not undergo an audit for the Q1 2024 report[22]