Financial Performance - The company's revenue for Q1 2024 reached ¥164,530,616.88, representing a 24.31% increase compared to ¥132,360,392.93 in the same period last year[5] - Net profit attributable to shareholders was ¥18,288,365.72, a 53.61% increase from ¥11,905,903.97 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥17,600,578.12, up 64.06% from ¥10,728,261.00 in the previous year[5] - Operating profit for Q1 2024 was ¥21,018,390.54, up 65.5% from ¥12,734,668.20 in the same period last year[25] - Net profit attributable to the parent company was ¥18,288,365.72, representing a 53.1% increase from ¥11,905,903.97 in Q1 2023[25] - Basic and diluted earnings per share for Q1 2024 were both ¥0.23, compared to ¥0.20 in Q1 2023[26] Cash Flow - The net cash flow from operating activities decreased significantly by 82.01%, amounting to ¥6,608,567.74 compared to ¥36,726,723.33 in the same quarter last year[5] - Cash inflow from operating activities totaled ¥178,646,462.70, an increase of 16.9% from ¥152,681,415.69 in the previous year[27] - The total cash outflow from operating activities was 172,037,894.96, an increase of 48.0% compared to 115,954,692.36 in the previous year[28] - The company reported a decrease in cash and cash equivalents by 23,173,246.88 during the quarter[29] - The company's cash flow from investing activities showed a significant negative trend compared to the previous year[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥823,271,779.60, a decrease of 1.03% from ¥831,832,250.27 at the end of the previous year[5] - The company's cash and cash equivalents decreased to CNY 499,051,297.75 from CNY 522,223,544.63, reflecting a decline of approximately 4.4%[18] - Accounts receivable decreased to CNY 83,046,267.84 from CNY 92,901,495.15, representing a reduction of about 10.6%[19] - Inventory decreased to CNY 95,124,155.18 from CNY 101,377,465.43, indicating a decline of approximately 6.1%[19] - Total current liabilities decreased to CNY 128,811,976.60 from CNY 154,609,473.61, a reduction of about 16.7%[20] - The company's total liabilities decreased to CNY 128,811,976.60 from CNY 154,609,473.61, reflecting a decrease of about 16.7%[20] Equity and Expenses - The equity attributable to shareholders increased by 2.92% to ¥684,047,811.99 from ¥664,672,108.49 at the end of the last year[5] - The basic earnings per share rose to ¥0.23, reflecting a 15.00% increase from ¥0.20 in the same period last year[5] - Management expenses increased by 79.17% to ¥1,129.41, attributed to higher salaries, recruitment, and travel expenses[11] - Research and development expenses for Q1 2024 were ¥3,780,853.70, slightly down from ¥3,909,376.37 in Q1 2023[24] Other Financial Metrics - The weighted average return on equity decreased to 2.71%, down 0.91% from 3.62% in the previous year[5] - The company reported a financial expense of -¥3,515,387.27, a significant improvement compared to ¥1,635,077.24 in the previous year[24] - Deferred income decreased to ¥16,910,141.36 from ¥17,576,608.81 year-over-year[24] - The company reported a total of CNY 11,132,109.32 in contract liabilities, down from CNY 15,253,690.84, indicating a decrease of approximately 27.1%[20] Reporting and Audit - The company’s first quarter report was not audited[30] - The company’s board of directors released the first quarter report on April 26, 2024[31]
开创电气(301448) - 2024 Q1 - 季度财报