Financial Performance - The company's operating revenue for Q1 2024 was ¥79,483,812.18, representing an increase of 18.04% compared to the same period last year[4] - The net profit attributable to shareholders was ¥11,087,867.94, marking a turnaround from a loss of ¥947,400 in the previous year[8] - Basic and diluted earnings per share were both ¥0.13, compared to a loss of ¥0.01 per share in the same quarter last year[9] - The company reported a significant improvement in net profit after deducting non-recurring gains and losses, reaching ¥8,698,828.20, compared to a loss of ¥1,182,200 in the same period last year[8] - Operating profit for Q1 2024 was ¥11,508,535.57, a significant recovery from a loss of ¥448,608.34 in Q1 2023[20] - Net profit for Q1 2024 was ¥11,202,244.68, compared to a net loss of ¥708,725.43 in the same period last year[21] Cash Flow - The net cash flow from operating activities was -¥1,211,664.14, a significant improvement of 93.20% year-over-year[8] - The company reported a net cash outflow from operating activities of ¥1,211,664.14, an improvement from a net outflow of ¥17,831,345.30 in Q1 2023[23] - The company generated cash inflows from operating activities totaling ¥96,680,201.72, up from ¥79,576,521.33 in the previous year[23] - The net cash flow from investing activities was -$32.51 million, compared to -$21.22 million in the previous period, indicating an increase in cash outflow for investments[24] - The total cash inflow from financing activities was $490.32 million, primarily from equity investments and loans received[24] - The net cash flow from financing activities was -$0.76 million, a significant decrease from $431.49 million in the previous period, reflecting reduced financing activities[24] - The company experienced a net decrease in cash and cash equivalents of -$34.42 million during the quarter, contrasting with an increase of $392.19 million in the previous period[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,015,908,245.78, a slight decrease of 0.16% from the end of the previous year[5] - Current assets totaled RMB 664,339,982.73, down from RMB 693,603,350.02 at the end of 2023, primarily due to a decrease in cash and cash equivalents[15] - Total liabilities decreased to ¥162,656,473.80 from ¥176,031,613.75 year-over-year[20] - Current liabilities decreased to RMB 114,417,398.95 from RMB 127,142,498.78, showing improved liquidity management[16] - The equity attributable to shareholders increased by 1.41% to ¥850,158,597.87 compared to the end of the previous year[5] - Shareholders' equity increased to ¥850,158,597.87 from ¥838,302,518.17 in the previous year[20] Research and Development - The total R&D investment was ¥9,478,770.98, accounting for 11.93% of operating revenue, a decrease of 1.95 percentage points from the previous year[5] - Research and development expenses remained stable at ¥9,478,770.98, compared to ¥9,348,062.73 in Q1 2023[20] Government Support - The company received government subsidies amounting to ¥2,803,476.83, contributing to the profit increase[8] Shareholder Relations and Strategy - The company has no significant changes in shareholder relationships or actions during the reporting period[13] - There were no significant new strategies or product developments announced during the earnings call[13] Accounting Practices - The company did not apply new accounting standards or interpretations for the year 2024, indicating stability in financial reporting practices[25]
中润光学(688307) - 2024 Q1 - 季度财报