Financial Performance - Operating revenue for Q1 2024 was CNY 163,917,730.24, representing a 28.34% increase from CNY 127,717,277.65 in Q1 2023[11] - Net profit attributable to shareholders surged by 1,242.96% to CNY 128,406,468.41 compared to CNY 9,561,481.85 in the same period last year[11] - Basic earnings per share rose to CNY 1.31, a 907.69% increase from CNY 0.13 in Q1 2023[11] - Total operating revenue for Q1 2024 reached ¥163,917,730.24, an increase from ¥127,717,277.65 in Q1 2023, representing a growth of approximately 28.3%[42] - The net profit for Q1 2024 was ¥128,406,468.41, significantly up from ¥9,561,481.85 in Q1 2023, representing a growth of 1,340.5%[43] - The total profit for Q1 2024 was ¥150,262,090.51, compared to ¥10,149,630.07 in Q1 2023, reflecting a growth of 1,480.5%[43] - The company reported a significant increase in operating profit, which reached ¥149,657,436.53 in Q1 2024, compared to ¥10,003,260.10 in Q1 2023[43] Assets and Liabilities - Total assets as of March 31, 2024, decreased by 0.97% to CNY 1,110,288,414.19 compared to the end of 2023[11] - Total liabilities decreased to CNY 299,338,168.50 from CNY 438,573,122.96, indicating a reduction of approximately 31.8%[38] - The asset-liability ratio for the consolidated entity decreased to 26.96% from 39.12% at the end of 2023[11] - Cash and cash equivalents decreased to CNY 175,973,216.75 from CNY 207,477,221.95, reflecting a decline of approximately 15.1%[36] - Accounts receivable increased to CNY 247,685,427.25, up from CNY 197,866,796.64, representing a growth of about 25.2%[36] - Inventory decreased to CNY 65,430,546.84 from CNY 72,017,897.06, a decline of approximately 9.1%[36] Cash Flow - The company's cash flow from operating activities showed a net outflow of CNY 33,788,617.24, an increase of 409.38% compared to the previous year[11] - The cash flow from operating activities for Q1 2024 was negative at -¥33,788,617.24, compared to -¥6,633,249.67 in Q1 2023, indicating a decline in cash flow[48] - The company reported a decrease in cash received from sales of goods and services, totaling 135,176,744.11 CNY in Q1 2024, down from 150,521,904.63 CNY in Q1 2023[51] - The cash outflow for purchasing goods and services was 122,055,970.19 CNY, a decrease from 132,794,286.41 CNY in the previous year[51] - The company experienced a negative impact of 284,635.31 CNY from exchange rate fluctuations in Q1 2024, contrasting with a negative impact of -375,792.23 CNY in Q1 2023[52] Shareholder Information - The total number of unrestricted shares increased from 19,601,000 (20.00%) to 24,501,000 (25.00%) during the reporting period[19] - The total number of restricted shares decreased from 78,399,000 (80.00%) to 73,499,000 (75.00%)[19] - The company reported a total share capital of 98,000,000 shares, with 4,379 shareholders[19] - Major shareholders include Jia Shan Rui Heng with 24,084,800 shares (24.58%) and Xu Ruigen with 17,122,560 shares (17.47%)[20] Future Plans and Commitments - The company plans to continue expanding its production capabilities and optimizing operational efficiency in the upcoming quarters[14] - The company plans to utilize up to CNY 200 million of idle funds for low-risk bank financial products to enhance capital efficiency[28] - The company has approved a comprehensive financing credit limit of up to CNY 600 million to support daily operations[30] - The company has no new commitments or violations of previously disclosed commitments during the reporting period[29] Compliance and Legal Matters - The company has not reported any litigation or arbitration matters during the reporting period[24] - The company has complied with all internal review procedures for significant transactions[24] - There were no changes in accounting policies or errors that required restatement of financial data[18]
豪声电子(838701) - 2024 Q1 - 季度财报