Financial Performance - The company's operating revenue for Q1 2024 was ¥94,879,222.74, representing a 17.33% increase compared to ¥80,866,407.20 in the same period last year[5]. - Net profit attributable to shareholders was ¥8,096,354.16, an increase of 8.16% from ¥7,485,838.81 in the previous year[5]. - The company's net profit for Q1 2024 is not explicitly stated but can be inferred from the increase in retained earnings to ¥177,726,716.83 from ¥169,630,362.67, indicating growth in profitability[19]. - The total comprehensive income for Q1 2024 was CNY 8,096,354.16, up from CNY 7,485,838.81 in the same period last year, reflecting a growth of 8.2%[22]. - Basic and diluted earnings per share for Q1 2024 were both CNY 0.14, down from CNY 0.17 in Q1 2023, indicating a decrease of 17.6%[22]. Cash Flow - The net cash flow from operating activities improved by 68.51%, reaching -¥5,339,916.00 compared to -¥16,955,648.82 in the previous year[9]. - Cash inflows from operating activities totaled CNY 77,462,473.33, compared to CNY 65,558,142.06 in the previous year, representing an increase of 18.5%[24]. - Cash outflows from operating activities were CNY 82,802,389.33, slightly up from CNY 82,513,790.88 in Q1 2023, resulting in a net cash flow from operating activities of -CNY 5,339,916.00[24]. - The net cash flow from investment activities saw a drastic decline of 684.64%, totaling -¥262,658,870.01, primarily due to increased purchases of low-risk financial products[9]. - Cash inflows from investment activities amounted to CNY 385,619,570.84, significantly higher than CNY 100,554,014.77 in the previous year, marking a growth of 283.5%[25]. - Cash outflows for investment activities were CNY 648,278,440.85, compared to CNY 55,627,150.37 in Q1 2023, leading to a net cash flow from investment activities of -CNY 262,658,870.01[25]. - The net increase in cash and cash equivalents for Q1 2024 was -CNY 267,904,331.35, compared to an increase of CNY 26,667,189.58 in Q1 2023[25]. - The ending balance of cash and cash equivalents was CNY 270,174,709.58, down from CNY 112,548,742.59 at the end of Q1 2023[25]. Assets and Liabilities - The company's total assets decreased by 1.44% to ¥1,160,196,671.14 from ¥1,177,170,839.39 at the end of the previous year[5]. - Total liabilities decreased to ¥152,396,125.07 from ¥177,606,313.36, reflecting a reduction of 14.2%[19]. - Cash and cash equivalents decreased to ¥270,245,659.58 from ¥538,149,867.93 at the beginning of the year, representing a decline of 49.9%[17]. - Inventory increased to ¥89,601,096.06 from ¥72,586,547.16, marking a rise of 23.4%[17]. - The total equity attributable to shareholders increased to ¥1,007,800,546.07 from ¥999,564,526.03, showing a growth of 0.2%[19]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 7,563[12]. - The largest shareholder, Chen Yimin, holds 17.53% of shares, totaling 10,255,100 shares[12]. - The second-largest shareholder, Zhu Jixiang, holds 10.26% of shares, totaling 6,004,000 shares[12]. - The company has a total of 10 major shareholders, with the top three holding a combined 36.49% of shares[12]. - The number of shares held by the top 10 unrestricted shareholders includes 756,845 shares held by China Industrial Bank[13]. - The company has no changes in the number of restricted shares for major shareholders during the reporting period[14]. - The total number of restricted shares held by Chen Yimin is 10,255,100, with a release date set for July 2026[14]. - The company has no preferred shareholders or changes in preferred shareholder structure[14]. - The company is focused on maintaining shareholder stability with no significant changes in major shareholder holdings[12]. Research and Development - Research and development expenses increased by 75.68% to ¥8,962,950.05, driven by higher investment in new platform product development[8]. - Research and development expenses increased to ¥8,962,950.05, a rise of 75.8% compared to ¥5,101,782.49 in the previous year[20]. Other Information - The weighted average return on equity dropped to 0.81% from 2.60% in the previous year, a decrease of 1.79%[5]. - The company experienced a 48.83% reduction in tax and additional charges, amounting to ¥355,726.53 compared to ¥695,121.86 in the previous year[8]. - The company has not disclosed any new product developments or market expansion strategies in this report[12]. - The company has not undergone an audit for the Q1 2024 report[26].
英华特(301272) - 2024 Q1 - 季度财报