和顺电气(300141) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥69,801,775.18, representing a 31.94% increase compared to ¥52,903,375.21 in the same period last year[5] - The net profit attributable to shareholders was ¥856,935.81, a significant turnaround from a loss of ¥2,193,726.58 in Q1 2023, marking a 139.06% improvement[5] - The net cash flow from operating activities increased to ¥28,072,259.32, compared to a negative cash flow of ¥73,052,679.14 in the previous year, reflecting a 138.43% increase[5] - The company's total equity increased to ¥680,213,855.23 in Q1 2024 from ¥679,020,451.25 in Q1 2023, a slight increase of 0.2%[16] - The net profit attributable to the parent company for Q1 2024 was ¥856,935.81, compared to a net loss of ¥2,193,726.58 in the same period last year, indicating a significant recovery[20] - The total comprehensive income for Q1 2024 was ¥839,660.49, compared to a comprehensive loss of ¥2,295,778.72 in Q1 2023, indicating a substantial improvement[20] Cash Flow and Liquidity - Cash received from sales and services increased by 102.80% to ¥118,525,086.39, compared to ¥58,443,151.06 in Q1 2023, indicating improved cash collection[9] - Total cash and cash equivalents at the end of Q1 2024 reached ¥220,176,888.77, up from ¥87,249,249.49 at the end of Q1 2023, reflecting a net increase of ¥49,323,310.63[24] - The company reported cash inflows from operating activities totaling ¥125,901,130.81, compared to ¥63,403,561.29 in the previous year, representing a year-over-year increase of approximately 98.5%[23] - The cash outflow for purchasing goods and services was ¥71,591,005.92, down from ¥108,616,876.82 in the same quarter last year, showing a decrease of about 34.1%[23] - Investment activities generated a net cash flow of ¥6,843,961.04, compared to a net outflow of ¥20,267,875.00 in the previous year, indicating a positive shift in investment cash flow[23] - The company raised ¥15,000,000.00 through financing activities, while cash outflows for debt repayment totaled ¥20,000,000.00, reflecting a net cash flow from financing activities of ¥14,407,090.27[24] Research and Development - Research and development expenses rose by 57.59% to ¥4,633,758.88, driven by the initiation of new R&D projects[8] - Research and development expenses increased to ¥4,633,758.88 in Q1 2024, compared to ¥2,940,403.33 in Q1 2023, marking a 57.5% rise[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 20,898[10] - The top shareholder, Yao Jianhua, holds 23.85% of shares, totaling 60,553,999 shares[10] - Suzhou Green Pulse Electric Holdings Group holds 20.00% of shares, totaling 50,776,920 shares, with 33,004,998 shares pledged[10] - The total number of restricted shares at the beginning of the period was 1,552,059, with 337,250 shares released during the period, leaving 1,214,809 restricted shares at the end[12] - The company has no preferred shareholders or related information to report[11] - The company has not disclosed any significant changes in the top 10 shareholders due to margin trading activities[10] - The company has a total of 1,100,000 shares held by shareholder Li Jixiang through margin trading[10] Operational Metrics - Total operating costs for Q1 2024 were ¥69,652,607.01, up from ¥55,890,487.36 in Q1 2023, reflecting a 24.6% increase[19] - The company reported a gross profit of ¥17,767,593.16 for Q1 2024, compared to a gross loss of ¥2,212,523.83 in Q1 2023[19] - Accounts receivable decreased to ¥270,263,300.95 in Q1 2024 from ¥313,613,661.32 in Q1 2023, a reduction of 13.8%[16] - Current liabilities rose to ¥332,342,662.95 in Q1 2024, compared to ¥321,338,846.71 in Q1 2023, an increase of 3.1%[16] Profitability Metrics - The weighted average return on equity improved to 0.13% from -0.33% in the previous year, indicating better profitability[5] - The company’s diluted earnings per share improved to ¥0.0034 from a loss of ¥0.0086 in the same period last year, reflecting a 139.53% increase[5] - Basic and diluted earnings per share for Q1 2024 were both ¥0.0034, a recovery from a loss of ¥0.0086 per share in the same period last year[20] Strategic Outlook - The report indicates that there are no new strategies or significant developments mentioned in the financial report[13] - The company has not provided specific future guidance or performance outlook in the available documents[13] - There are no new products or technologies reported in the current quarter[13]