Financial Performance - Operating revenue for Q1 2024 reached ¥104,535,869.15, a 25.47% increase from ¥83,316,713.41 in Q1 2023[12] - Net profit attributable to shareholders rose by 17.94% to ¥10,486,259.56, up from ¥8,890,858.00 in the same period last year[12] - The company reported a net income of CNY 1,732,599.80 from non-operating income[18] - The company’s net profit for Q1 2024 reached CNY 10,486,259.56, an increase of 18.2% compared to CNY 8,873,992.92 in Q1 2023[51] - Total comprehensive income for Q1 2024 was CNY 10,486,259.56, compared to CNY 8,873,992.92 in Q1 2023, marking an increase of 18.2%[51] Cash Flow - The net cash flow from operating activities improved significantly by 300.85%, reaching ¥4,791,613.14 compared to a negative cash flow of ¥2,385,670.94 in Q1 2023[12] - The net cash flow from investment activities was 5,331,020.06 CNY, compared to a negative cash flow of -8,928,264.51 CNY in the same period last year[60] - Cash inflow from financing activities totaled 74,800,000.00 CNY, significantly up from 10,500,000.00 CNY in the previous year[60] - The net cash flow from financing activities increased to 54,702,784.71 CNY, compared to 13,010,584.77 CNY in the same period last year[60] - Cash inflow from operating activities was 92,399,895.34 CNY, compared to 67,773,043.38 CNY in the same period last year[59] Assets and Liabilities - Total assets increased by 7.70% to ¥668,570,427.72 as of March 31, 2024, compared to ¥620,745,793.28 at the end of 2023[12] - Total liabilities increased to CNY 208,802,198.30 from CNY 172,099,073.42, indicating a rise of about 21.4%[45] - The total liabilities to assets ratio (consolidated) increased to 31.23% from 27.72%, reflecting a higher level of debt relative to assets[12] - Current assets totaled CNY 416,080,218.89, an increase from CNY 376,195,633.90, reflecting a growth of about 10.6%[43] - Non-current assets totaled CNY 252,490,208.83, up from CNY 244,550,159.38, showing a growth of about 3.9%[44] Shareholder Information - The total number of ordinary shares outstanding is 190,231,400, with 73.44% being restricted shares[20] - The largest shareholder, Zhou Yan, holds 42.93% of the shares, totaling 81,667,200 shares[21] - The number of shareholders holding more than 5% of shares is concentrated among the top three, accounting for 66.93% of total shares[21] - The total number of shareholders is 7,828[20] - There are no pledged or judicially frozen shares among the top shareholders[23] Research and Development - Research and development expenses increased by 31.25% to ¥4,930,428.05, reflecting a commitment to innovation[15] - Research and development expenses for Q1 2024 were ¥4,930,428.05, compared to ¥3,756,538.43 in Q1 2023, indicating an increase of approximately 31.1%[49] - The company plans to continue expanding its market presence and investing in new technologies, as indicated by the increase in R&D spending[49] Stock Incentive Plan - The company has implemented one stock incentive plan, which includes restricted stock and stock options[27] - The adjusted exercise price for the stock options under the 2022 incentive plan is now 3.455 CNY per share, down from 7.12 CNY per share[30] - The company granted 555,000 restricted stocks to 23 individuals, including senior management and core technical personnel, at the adjusted price of 3.455 CNY per share[30] - The total number of stock options granted but not yet exercised amounts to 4,412,000[32] - The company has not terminated the implementation of the stock incentive plan during the reporting period[35]
吉冈精密(836720) - 2024 Q1 - 季度财报