NOVEL OPTICS(SH:603297)2024-04-26 11:44Financial Performance - The company's operating revenue for Q1 2024 was CNY 215,915,276.32, representing a year-on-year increase of 14.74%[16] - The net profit attributable to shareholders of the listed company was CNY 45,559,746.67, a decrease of 3.85% compared to the same period last year[16] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 39,741,915.45, an increase of 27.09%[16] - The company reported a basic earnings per share of CNY 0.41, down by 4.65% year-on-year[16] - The weighted average return on equity was 2.42%, a decrease of 0.74% compared to the same period last year[16] - Net profit for Q1 2024 was ¥45,478,308.03, slightly down from ¥47,225,436.42 in Q1 2023, indicating a decrease of 3.70%[39] - The total comprehensive income for Q1 2024 is approximately CNY 45.46 million, down from CNY 47.14 million in Q1 2023, indicating a decrease of about 3.56%[40] - The basic and diluted earnings per share for Q1 2024 are both CNY 0.41, compared to CNY 0.43 in Q1 2023, reflecting a decline of approximately 4.65%[40] Cash Flow and Liquidity - The net cash flow from operating activities was CNY -4,860,220.52, reflecting a decrease of 110.76% year-on-year[16] - The net cash flow from operating activities for Q1 2024 is negative CNY 4.86 million, a significant decrease from positive CNY 45.18 million in Q1 2023[42] - Cash inflows from operating activities totaled CNY 221.87 million in Q1 2024, down from CNY 232.41 million in Q1 2023, a decrease of about 4.99%[42] - Cash outflows from operating activities increased to CNY 226.73 million in Q1 2024, compared to CNY 187.22 million in Q1 2023, an increase of approximately 21.06%[42] - The net cash flow from investing activities for Q1 2024 is negative CNY 27.91 million, contrasting with positive CNY 106.35 million in Q1 2023[42] - The company received CNY 600,000 from investment activities in Q1 2024, while it had no cash inflow from this category in Q1 2023[42] - The company reported a foreign exchange impact on cash and cash equivalents of CNY 3.95 million in Q1 2024, compared to CNY 2.35 million in Q1 2023, indicating an increase of approximately 68.00%[42] Assets and Liabilities - Total assets at the end of Q1 2024 amounted to CNY 2,103,338,532.20, a slight increase of 0.53% from the end of the previous year[18] - The total liabilities as of the end of Q1 2024 amounted to ¥240,573,672.07, a decrease from ¥279,740,275.16 at the end of Q1 2023[37] - Shareholders' equity attributable to the listed company was CNY 1,862,166,806.34, up by 2.76% compared to the end of the previous year[18] - The total equity attributable to shareholders reached ¥1,862,166,806.34 in Q1 2024, up from ¥1,812,129,264.19 in Q1 2023, reflecting an increase of 2.76%[37] - The company has no preferred shares or perpetual bonds reported in the liabilities section, indicating a straightforward capital structure[37] Research and Development - Research and development expenses increased to ¥28,547,799.23 in Q1 2024, compared to ¥19,237,182.11 in Q1 2023, marking a significant rise of 48.49%[39] Shareholder Information - The total number of shareholders at the end of the reporting period was 9,104, with significant holdings from major shareholders such as 永新光电实业有限公司 and 宁兴（宁波）资产管理有限公司[33] Cash and Cash Equivalents - The company's cash and cash equivalents decreased to CNY 789,848,748.91 from CNY 818,315,442.28 at the end of the previous year[29] - The cash and cash equivalents at the end of Q1 2024 amount to CNY 789.83 million, compared to CNY 424.52 million at the end of Q1 2023, showing an increase of approximately 86.00%[42]