Financial Performance - The company's operating revenue for Q1 2024 was ¥266,926,052.10, representing a 35.48% increase compared to ¥197,028,289.66 in Q1 2023[4] - The net profit attributable to shareholders for Q1 2024 was ¥27,022,619.81, a 53.70% increase from ¥17,581,913.55 in the same period last year[4] - The net profit after deducting non-recurring gains and losses was ¥25,749,301.51, up 49.26% from ¥17,251,728.31 in Q1 2023[4] - The basic earnings per share for Q1 2024 was ¥0.25, an increase of 47.06% compared to ¥0.17 in Q1 2023[4] - Net profit for Q1 2024 was ¥26,605,574.96, representing a 51.6% increase compared to ¥17,581,913.55 in Q1 2023[27] - Earnings per share for Q1 2024 was ¥0.2535, compared to ¥0.17 in the previous year[28] Assets and Liabilities - The total assets at the end of Q1 2024 were ¥1,644,718,319.96, a 1.70% increase from ¥1,617,236,719.03 at the end of the previous year[4] - Total assets as of the end of Q1 2024 amounted to ¥1,644,718,319.96, slightly up from ¥1,617,236,719.03 at the end of Q1 2023[24] - Total liabilities decreased to ¥570,617,319.70 in Q1 2024 from ¥578,926,665.48 in Q1 2023, a reduction of 1.8%[24] - The total equity attributable to shareholders increased to ¥1,073,605,458.38 from ¥1,037,397,466.82, showing a growth of 3.5% year-over-year[24] Cash Flow - The net cash flow from operating activities improved to -¥18,835,375.88, a 57.55% improvement from -¥44,372,289.63 in Q1 2023[13] - Total cash inflow from operating activities was 164,746,769.63 CNY, compared to 116,243,152.82 CNY in the prior period, reflecting a growth of approximately 41.7%[31] - Cash outflow from operating activities increased to 183,582,145.51 CNY from 160,615,442.45 CNY, representing a rise of about 14.3%[31] - The cash flow from investing activities showed a net outflow of -108,123,292.85 CNY, worsening from -61,235,314.08 CNY year-over-year[31] - The company reported a cash balance of 298,885,864.40 CNY at the end of the period, down from 453,350,849.29 CNY at the beginning[31] - Cash outflow from financing activities totaled 35,977,206.72 CNY, compared to 11,473,721.77 CNY in the previous period, marking an increase of approximately 213%[31] Shareholder Information - Total number of common shareholders at the end of the reporting period is 11,827[15] - Guangzhou Sichengrui Enterprise Management Co., Ltd. holds 51.16% of shares, totaling 54,549,636 shares[15] - The company completed the registration of 520,500 shares under the 2022 Restricted Stock Incentive Plan, with an adjusted grant price of 14.88 CNY per share[19] - The total share capital increased from 106,096,600 shares to 106,617,100 shares after the registration of restricted shares[20] - The company has 62 participants in the first vesting period of the restricted stock plan, with a total of 520,500 shares vested[19] - The company has a total of 75,000,000 restricted shares, with 71,593,536 shares remaining after the current period[17] - The company has not disclosed any other significant shareholder relationships or concerted actions among the remaining shareholders[16] Operational Metrics - Operating costs for Q1 2024 were ¥232,637,056.68, up 34.6% from ¥172,884,732.65 in Q1 2023[26] - Research and development expenses for Q1 2024 were ¥11,998,883.50, up from ¥10,002,832.96 in Q1 2023, indicating a focus on innovation[27] - The company reported a significant increase in accounts payable, which rose to ¥200,624,106.01 from ¥193,748,428.92, reflecting increased operational activity[24] - The company experienced a 290.57% increase in other non-current assets, reaching ¥67,349,391.62, primarily due to accelerated investment in fundraising projects[10] Other Financial Metrics - The weighted average return on equity for Q1 2024 was 2.56%, up from 2.08% in the same period last year[4] - Cash and cash equivalents decreased from 506,548,164.13 CNY to 349,318,837.66 CNY during the reporting period[22] - Accounts receivable increased from 290,593,902.46 CNY to 357,164,274.87 CNY[22] - The adjusted conversion price for the convertible bonds is changed from 29.10 CNY to 29.03 CNY[20] - The impact of exchange rate changes on cash and cash equivalents was a positive 725,850.56 CNY, contrasting with a negative impact of -1,592,393.74 CNY in the prior period[31] Audit Information - The company has not undergone an audit for the first quarter report[32]
金钟股份(301133) - 2024 Q1 - 季度财报