Haoneng(SH:603809)2024-04-26 11:35Financial Performance - The company's operating revenue for Q1 2024 reached ¥546,141,427.38, representing a year-on-year increase of 44.21%[3] - Net profit attributable to shareholders was ¥79,785,993.27, an increase of 84.19% compared to the same period last year[3] - Basic earnings per share were ¥0.2030, reflecting an increase of 82.72% from the previous year[3] - Operating profit for Q1 2024 was CNY 93,190,114.31, up from CNY 48,654,737.40 in the same period last year, reflecting an increase of 91.5%[17] - The company reported a total profit of CNY 93,233,695.97 in Q1 2024, compared to CNY 48,644,830.42 in Q1 2023, representing an increase of 91.7%[17] - The net profit for Q1 2024 was ¥6,357,805.67, recovering from a net loss of ¥1,403,451.27 in Q1 2023[25] Cash Flow - The net cash flow from operating activities was ¥131,943,643.03, showing a significant increase of 301.22% year-on-year[3] - Cash flow from operating activities generated a net amount of CNY 131,943,643.03, a turnaround from a negative cash flow of CNY -65,572,950.13 in Q1 2023[19] - In Q1 2024, the net cash flow from operating activities was CNY 52,620,530.99, a significant increase of 94.5% compared to CNY 27,039,787.76 in Q1 2023[27] - The company incurred a cash outflow of CNY 127,975,922.80 from financing activities in Q1 2024, compared to an inflow of CNY 18,021,865.59 in Q1 2023[20] - The net cash flow from financing activities was -CNY 43,876,787.20 in Q1 2024, slightly improved from -CNY 44,137,646.84 in Q1 2023[28] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,333,139,410.51, a slight increase of 0.53% from the end of the previous year[3] - The total assets as of March 31, 2024, amounted to ¥5,333,139,410.51, slightly up from ¥5,305,054,175.12 as of December 31, 2023[14] - The total liabilities as of March 31, 2024, were ¥3,006,501,090.57, a decrease from ¥3,059,827,618.04 at the end of 2023[13] - The equity attributable to shareholders reached ¥2,326,771,888.72 as of March 31, 2024, up from ¥2,245,175,322.09 at the end of 2023, an increase of 3.6%[14] - The total liabilities decreased to ¥1,443,511,840.11 from ¥1,482,867,006.70 at the end of 2023[23] Research and Development - Research and development expenses increased to ¥33,952,849.48 in Q1 2024, compared to ¥21,549,196.75 in Q1 2023, reflecting a growth of 57.6%[16] - Research and development expenses for Q1 2024 were ¥3,223,878.11, a decrease from ¥3,749,841.16 in Q1 2023[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 15,657[8] - The top shareholder, Xiang Chaodong, holds 71,344,000 shares, accounting for 18.15% of the total shares[9] Government Support - The company received government subsidies amounting to ¥3,823,006.38, which positively impacted the financial results[5] Investment Activities - The company reported a net loss from investments of ¥2,428,875.60 in Q1 2024, compared to a loss of ¥596,244.64 in Q1 2023[16] - The total cash inflow from investment activities in Q1 2024 was CNY 168,500,000.00, up from CNY 119,070,311.95 in Q1 2023, representing an increase of 41.5%[28] - The net cash flow from investment activities was -CNY 195,582,970.41 in Q1 2024, worsening from -CNY 38,957,386.00 in Q1 2023[28] Sales and Expenses - Total operating costs for Q1 2024 were ¥455,090,346.76, up 37.9% from ¥329,938,550.99 in Q1 2023[16] - The company reported a significant increase in sales expenses, which rose to ¥5,500,770.82 from ¥446,729.76 in the previous year[25] - The cash paid for purchasing goods and services in Q1 2024 was CNY 37,793,722.14, an increase of 82.2% from CNY 20,734,497.70 in Q1 2023[27] - The cash paid to employees in Q1 2024 was CNY 15,490,803.43, up from CNY 11,223,258.03 in Q1 2023, reflecting an increase of 37.5%[27]