Financial Performance - The company's operating revenue for Q1 2024 was ¥75,011,959.64, representing a year-on-year increase of 17.98%[2] - The net profit attributable to shareholders for Q1 2024 was ¥18,780,658.79, reflecting a growth of 30.70% compared to the same period last year[2] - Total operating revenue for Q1 2024 reached ¥75,011,959.64, a 17.96% increase from ¥63,579,682.50 in Q1 2023[15] - Net profit for Q1 2024 was ¥18,780,658.79, representing a 30.56% increase compared to ¥14,368,771.02 in Q1 2023[16] - The total comprehensive income for Q1 2024 was ¥18,264,689.08, up from ¥14,368,771.02 in the previous year[17] - Basic and diluted earnings per share remained stable at ¥0.14 for both Q1 2024 and Q1 2023[17] Research and Development - The total R&D investment amounted to ¥13,800,339.93, which is an increase of 51.99% year-on-year, indicating a significant focus on innovation[3] - R&D expenses accounted for 18.40% of operating revenue, up by 4.12 percentage points from the previous year[3] - Research and development expenses rose to ¥13,800,339.93, a significant increase of 52.1% from ¥9,079,705.15 in the previous year[15] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥43,973,286.58, indicating cash outflow during the quarter[2] - Cash flow from operating activities showed a net outflow of ¥43,973,286.58, worsening from a net outflow of ¥35,399,415.54 in Q1 2023[19] - The net increase in cash and cash equivalents for Q1 2024 was -75,421,682.55, compared to -64,652,105.78 in the previous year[20] - The beginning balance of cash and cash equivalents was 630,531,558.24, while the ending balance was 555,109,875.69, indicating a decrease[20] - Cash and cash equivalents decreased to ¥559,509,403.38 from ¥635,459,828.21, representing a decline of about 11.9%[11] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,941,774,116.80, a slight increase of 0.32% from the end of the previous year[3] - As of March 31, 2024, the total assets of the company amounted to ¥1,941,774,116.80, a slight increase from ¥1,935,595,177.75 as of December 31, 2023[14] - The company's current assets totaled ¥1,685,083,109.57, down from ¥1,704,473,181.88 at the end of 2023, indicating a decrease of approximately 1.7%[12] - The total liabilities of the company decreased to ¥152,720,011.18 from ¥165,537,511.22, a reduction of about 7.3%[13] - The company's equity attributable to shareholders rose to ¥1,789,054,105.62 from ¥1,770,057,666.53, marking an increase of approximately 1.1%[13] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 4,481[6] - The top shareholder, Li Weiping, holds 24,400,000 shares, representing 18.37% of the total shares[7] - There were no changes in the major shareholders or their participation in financing activities[9] Other Financial Metrics - The weighted average return on equity decreased to 1.06%, down by 1.53 percentage points[3] - The company reported a total of ¥2,047,691.58 in non-recurring gains and losses for the period[4] - The company experienced a credit impairment loss of ¥2,922,185.51, compared to a loss of ¥1,382,254.58 in Q1 2023[16] - The company reported a decrease in short-term borrowings, which were not specified but indicated a reduction from previous levels[13] - The impact of exchange rate fluctuations on cash and cash equivalents was -27,514.25[20] - Cash inflow from investment activities was ¥477,269,740.83, compared to ¥217,548,756.15 in the same quarter last year[19] - The company reported a net cash outflow from investment activities of ¥21,423,391.20, an improvement from a net outflow of ¥27,200,773.89 in Q1 2023[19] - Total operating costs increased to ¥52,840,901.54, up 16.24% from ¥45,494,736.06 in the same period last year[15] - Inventory increased to ¥155,010,404.28 from ¥149,118,160.68, showing a growth of about 3.9%[12] - Accounts receivable increased to ¥337,827,066.45 from ¥290,334,275.78, reflecting an increase of approximately 16.4%[11]
高华科技(688539) - 2024 Q1 - 季度财报