万兴科技(300624) - 2024 Q1 - 季度财报

Financial Performance - The total revenue for Q1 2024 was 30,546,159.98, an increase of 6.7% compared to 27,665,880.07 in Q1 2023[4] - The net profit for Q1 2024 reached 27,523,019.71, representing a growth of 10.2% from 24,967,797.70 in the same period last year[4] - The company's basic earnings per share for Q1 2024 was 0.19, up from 0.16 in Q1 2023, reflecting a growth of 18.8%[4] - The operating profit for Q1 2024 was 30,048,636.26, an increase of 8.6% compared to 27,651,984.05 in Q1 2023[4] - Operating revenue for the reporting period was ¥357,895,828.37, an increase of 0.90% compared to the previous year[32] - Net profit attributable to shareholders was ¥25,649,765.62, representing a year-on-year increase of 22.99%[32] - Net profit attributable to shareholders after deducting non-recurring gains and losses was ¥22,767,873.42, up 26.59% year-on-year[32] Cash Flow and Investments - The cash and cash equivalents at the end of Q1 2024 were 481,700,925.18, down from 507,529,327.68 at the beginning of the quarter, indicating a decrease of 5.2%[6] - The cash flow from financing activities showed a net outflow of 4,147,295.05, compared to a net outflow of 4,519,286.26 in the previous year, indicating an improvement[6] - The net cash flow from operating activities was -¥7,944,158.53, a decrease of 139.51% compared to the previous year[36] - Cash inflow from investment activities totaled ¥81,531,113.07, significantly higher than ¥5,458,885.27 in the previous period[57] - Cash outflow for investment activities rose to ¥96,128,858.24 from ¥11,643,524.11, indicating a substantial increase in investment spending[57] - The net cash flow from investment activities was negative at -¥14,597,745.17, compared to -¥6,184,638.84 in the previous period[57] Assets and Liabilities - The total current assets decreased to 680,801,191.99 from 781,531,875.59, a decline of 12.9%[3] - The company's long-term equity investments slightly decreased to 40,972,557.95 from 41,212,107.59, a reduction of 0.6%[3] - The company's total assets at the end of Q1 2024 were not explicitly stated but can be inferred from the changes in current and non-current assets[3] - Total assets increased from CNY 1,654,421,365.43 to CNY 1,678,769,662.57, reflecting a growth of approximately 1.5%[25] - Non-current assets rose from CNY 897,237,786.98 to CNY 973,620,173.44, indicating an increase of about 8.5%[25] - Current liabilities decreased from CNY 243,858,202.86 to CNY 191,097,712.57, a reduction of approximately 21.6%[25] - The total liabilities decreased from CNY 284,846,201.60 to CNY 230,612,955.62, showing a decline of around 19.1%[25] - The company's retained earnings increased from CNY 456,168,173.22 to CNY 481,817,938.84, representing a growth of about 5.6%[25] Research and Development - Research and development expenses increased to ¥103,521,599.04, up from ¥94,304,642.37, reflecting a growth of approximately 9.3%[55] Market and Product Development - The company plans to continue expanding its market presence and investing in new technologies[22] - The company launched a new mobile AI special effects product, Selife AI, which supports one-click beautification of portrait images[51] - The company upgraded its existing products, including AI features in Filmora and enhanced document processing capabilities in PDFelement[51] - The company is actively developing AI capabilities and optimizing existing technologies to improve video and audio production efficiency[50] Shareholder Information - The number of common stock shareholders at the end of the reporting period was 56,606, with the largest shareholder holding 15.30%[19] - The total number of restricted shares at the beginning of the period was 17,350,920, with 1,545,000 shares released during the period[21] - The total number of preferred shareholders was not specified, but the top 10 preferred shareholders were listed[21] Tax and Employee Compensation - Total tax and additional charges amounted to ¥959,623.62, up from ¥892,270.28, reflecting an increase of approximately 7.5%[55] - Employee compensation payments increased to ¥207,081,008.35 from ¥180,835,181.42, showing a rise of about 14.4%[57]