统联精密(688210) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 reached ¥129,883,899.51, representing an increase of 88.03% compared to the same period last year[4] - Net profit attributable to shareholders was ¥14,672,292.08, with a significant increase in overall profit levels due to improved product demand and capacity utilization[4] - Net profit for Q1 2024 was ¥15,221,887.95, compared to a net loss of ¥7,089,868.15 in Q1 2023, marking a turnaround[21] - Earnings per share for Q1 2024 were ¥0.09, compared to a loss of ¥0.03 per share in Q1 2023[21] - Total operating revenue for Q1 2024 reached ¥129,883,899.51, a significant increase of 88.5% compared to ¥69,077,766.63 in Q1 2023[19] Cash Flow - The net cash flow from operating activities was ¥65,312,513.77, reflecting a growth of 10.69% year-on-year[4] - Cash inflow from operating activities in Q1 2024 was ¥230,476,349.03, an increase from ¥167,624,848.67 in Q1 2023[25] - Cash outflow from operating activities in Q1 2024 totaled ¥165,163,835.26, compared to ¥108,617,403.13 in Q1 2023[25] - The net cash flow from operating activities for Q1 2024 was $65.31 million, an increase from $59.01 million in Q1 2023, representing a growth of approximately 3.9%[26] - The net cash flow from financing activities was $9.69 million, a decrease from $195.25 million in Q1 2023, showing a decline of about 95.0%[26] Research and Development - R&D expenses totaled ¥21,418,316.46, which is an increase of 20.21% compared to the previous year, although the proportion of R&D expenses to operating revenue decreased by 9.30 percentage points to 16.49%[5] - The company continues to invest in new products and technologies, with R&D expenses increasing significantly, indicating a focus on innovation[5] - Research and development expenses for Q1 2024 were ¥21,418,316.46, compared to ¥17,816,744.98 in Q1 2023, reflecting a 20.5% increase[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,021,349,465.08, a slight decrease of 0.16% from the end of the previous year[5] - The company's total liabilities as of Q1 2024 were ¥797,692,445.18, a decrease from ¥818,164,059.26 in Q1 2023[20] - Total current liabilities decreased to RMB 394,368,579.32 from RMB 467,483,443.15, a reduction of approximately 15.7%[17] - Long-term borrowings rose to RMB 286,261,078.89 from RMB 231,550,000.00, reflecting an increase of about 23.6%[17] Inventory and Receivables - Accounts receivable decreased significantly to RMB 194,425,088.21 from RMB 261,119,132.35, indicating a reduction of about 25.5%[16] - The company's inventory rose to RMB 186,185,213.94, up from RMB 164,596,164.06, representing an increase of approximately 13.1%[16] Other Financial Metrics - The weighted average return on equity increased by 1.46 percentage points to 1.22%[5] - The overall gross margin improved due to effective capacity utilization and demand release during the reporting period[4] - The company reported a decrease in other payables from RMB 19,359,608.42 to RMB 11,040,501.94, a decline of approximately 43.1%[17] Cash and Equivalents - The company's cash and cash equivalents increased to RMB 627,408,180.43 from RMB 593,663,152.05, reflecting a growth of approximately 5.5%[16] - The ending balance of cash and cash equivalents as of the end of Q1 2024 was $628.42 million, compared to $582.03 million at the end of Q1 2023, indicating an increase of about 8.0%[27] Strategic Initiatives - The company has not reported any significant changes in its shareholder structure or major strategic initiatives during the reporting period[14] - The company did not apply new accounting standards or interpretations for the year 2024[27]