Financial Performance - The company's revenue for Q1 2024 was ¥282,967,455.35, a decrease of 11.24% compared to ¥318,794,418.07 in the same period last year[5] - Net profit attributable to shareholders increased by 65.19% to ¥18,331,987.65 from ¥11,097,189.92 year-on-year[5] - The net cash flow from operating activities decreased by 33.76% to ¥13,731,198.53, down from ¥20,728,971.51 in the previous year[11] - The basic earnings per share rose by 65.20% to ¥0.0674, compared to ¥0.0408 in the same period last year[5] - The company's total revenue for the current period was RMB 282,967,455.35, a decrease of 11.24% compared to RMB 318,794,418.07 in the previous period[28] - The net profit for Q1 2024 was CNY 18,204,327.14, an increase of 62.8% compared to CNY 11,182,851.33 in Q1 2023[29] - Operating profit reached CNY 20,801,784.53, up from CNY 12,203,824.11, reflecting a growth of 70.5% year-over-year[29] - Total revenue from sales of goods and services was CNY 269,780,463.66, compared to CNY 307,054,195.87 in the previous period[32] - The company reported a total comprehensive income of CNY 18,204,007.37, compared to CNY 11,185,362.44 in Q1 2023[30] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥1,986,977,189.81, a slight decrease of 0.25% from ¥1,992,017,074.35 at the end of the previous year[5] - The total liabilities increased to RMB 549,060,556.15 from RMB 542,404,899.28, indicating a rise of 1.21%[26] - The company's retained earnings increased to RMB 318,768,820.12 from RMB 300,436,832.47, showing a growth of 6.08%[26] Shareholder Information - The total number of common shareholders at the end of the reporting period is 14,844[14] - The largest shareholder, Jin Liwei, holds 59.26% of the shares, totaling 161,099,964 shares[14] - The company has a total of 7,500,000 unrestricted shares held by Packwood Enterprises Limited[14] - The number of restricted shares held by Wu Zhiwei increased to 2,625,573 shares after the release of 656,393 shares[17] - The company has no preferred shareholders or changes in restricted shares during the reporting period[16] - The company’s major shareholders do not participate in margin financing or securities lending activities[15] Share Repurchase - The company repurchased shares, resulting in a 100% increase in treasury stock to ¥30,099,548.78[9] - The company plans to repurchase shares with a total amount not less than RMB 30 million and not exceeding RMB 50 million, with a maximum price of RMB 13 per share[20] - The repurchase will be conducted within 12 months from the board's approval date[20] - The company repurchased a total of 3,345,500 shares, accounting for 1.23% of the total share capital, with a total transaction amount of RMB 30,096,672 (excluding transaction fees)[21] - The company has been actively repurchasing shares, with a total of 2,961,500 shares repurchased by March 22, 2024, accounting for 1.09% of the total share capital[21] Operational Efficiency - The company aims to enhance operational efficiency and reduce costs as part of its overall strategic planning[8] Research and Development - The company’s R&D expenses for Q1 2024 were ¥10,215,780.02, a slight decrease of 2.07% from ¥10,431,901.05 in the same period last year[10] - Research and development expenses were CNY 10,215,780.02, slightly decreased from CNY 10,431,901.05 in the same period last year[29] - The company approved the use of self-owned funds to pay part of the investment project costs, specifically for the "Technology R&D Center Upgrade Project"[22] Cash Flow - The company's cash and cash equivalents at the end of the period amounted to RMB 822,319,907.76, a decrease from RMB 863,061,836.17 at the beginning of the period[24] - The cash and cash equivalents at the end of the period were CNY 756,807,716.81, down from CNY 796,442,379.58 at the beginning of the period[33] - The company experienced a net cash outflow from financing activities of CNY 31,157,188.47, compared to an inflow of CNY 100,000.00 in Q1 2023[33] Financial Expenses - The company’s financial expenses increased significantly by 601.23%, amounting to -¥8,572,234.17, primarily due to increased exchange losses[10] Tax Expenses - Tax expenses for the quarter were CNY 2,683,825.93, significantly higher than CNY 875,616.39 in the same quarter last year[29]
可靠股份(301009) - 2024 Q1 - 季度财报