富佳股份(603219) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 425,306,633.65, representing a year-on-year increase of 1.90%[7] - Net profit attributable to shareholders reached CNY 49,288,730.18, a significant increase of 94.66% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 47,590,844.58, up by 107.81% year-on-year[7] - The basic earnings per share (EPS) was CNY 0.09, reflecting a 50.00% increase from the previous year[7] - Total revenue for Q1 2024 was CNY 425,306,633.65, a 1.3% increase from CNY 417,359,751.98 in Q1 2023[25] - Operating profit for Q1 2024 reached CNY 58,373,776.64, up from CNY 31,887,059.31 in Q1 2023, representing an increase of 83.2%[26] - Net profit for Q1 2024 was CNY 48,344,654.36, compared to CNY 25,458,743.31 in Q1 2023, marking a growth of 90.0%[26] - Earnings per share for Q1 2024 were CNY 0.09, an increase from CNY 0.06 in Q1 2023[27] Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,603,232,303.03, a decrease of 3.32% from the end of the previous year[8] - As of March 31, 2024, the company's total assets amounted to RMB 2,603,232,303.03, a decrease from RMB 2,692,600,103.32 as of December 31, 2023, reflecting a decline of approximately 3.3%[20] - The total current liabilities increased to RMB 1,020,339,626.38 from RMB 978,000,000.00, reflecting a rise of approximately 4.3%[21] - The company’s total liabilities as of March 31, 2024, were RMB 1,820,000,000.00, compared to RMB 1,700,000,000.00 at the end of 2023, indicating an increase of approximately 7.1%[21] - Total liabilities decreased to CNY 954,874,977.14 in Q1 2024 from CNY 1,064,555,544.74 in Q1 2023[22] - Total equity increased to CNY 1,648,357,325.89 in Q1 2024 from CNY 1,628,044,558.58 in Q1 2023[23] Cash Flow - The net cash flow from operating activities was CNY 97,817,047.34, showing a slight increase of 1.27%[7] - Cash inflow from operating activities was CNY 785,774,979.45 in Q1 2024, compared to CNY 576,314,839.29 in Q1 2023, reflecting a growth of 36.3%[29] - The net cash flow from operating activities for Q1 2024 was $97,817,047.34, slightly up from $96,594,768.48 in Q1 2023, indicating stable operational performance[30] - The net cash flow from investing activities was -$83,098,332.23, a decline from -$40,270,574.66 in the previous year, reflecting increased investment expenditures[30] - The net cash flow from financing activities was $34,810,070.13, down from $62,681,594.47 in Q1 2023, suggesting a reduction in financing activities[31] - The company reported a net increase in cash and cash equivalents of $50,597,285.80, down from $111,896,756.34 in Q1 2023, indicating a decrease in overall cash generation[31] Shareholder Information - The company had a total of 17,408 common shareholders at the end of the reporting period[12] - The largest shareholder, Ningbo Fujia Holdings Co., Ltd., held 43.06% of the shares, while the second-largest shareholder, Wang Yuedan, held 26.56%[13] Investments and Expenditures - The company repurchased a total of 2,312,580 shares, accounting for 0.41% of the total share capital, with a total expenditure of RMB 28,494,002.44[17] - The maximum repurchase price was RMB 13.76 per share, while the minimum was RMB 11.18 per share[17] - The company plans to use the repurchased shares for employee stock ownership plans or equity incentives[17] - The company’s long-term equity investments increased from RMB 37,183,056.50 to RMB 57,731,609.34, a growth of about 55.5%[21] - Research and development expenses for Q1 2024 were CNY 22,566,213.71, up from CNY 15,649,917.72 in Q1 2023, indicating a 44.2% increase[25] Operational Costs - The company reported a decrease in total operating costs to CNY 382,193,540.02 in Q1 2024 from CNY 392,323,986.26 in Q1 2023, a reduction of 2.9%[25] - Other comprehensive income for Q1 2024 was CNY 1,692,243.88, compared to a loss of CNY 5,275,076.78 in Q1 2023[26] Cash Management - The company paid $65,276,182.42 in employee-related cash outflows, up from $53,942,609.69 in the previous year, indicating a rise in workforce costs[30] - Cash paid for taxes decreased to $17,496,303.10 from $23,013,070.90, reflecting a favorable tax environment[30] - Cash inflows from investment activities totaled $204,822,692.91, significantly higher than $32,052,207.87 in Q1 2023, indicating improved investment recovery[30] - Cash outflows for investment activities increased to $287,921,025.14 from $72,322,782.53, highlighting a substantial rise in capital expenditures[30] - The impact of exchange rate fluctuations on cash and cash equivalents was $1,068,500.56, a positive change compared to -$7,109,031.95 in the previous year[31]