微导纳米(688147) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue increased by 125.27% to approximately ¥170.69 million in the reporting period[12] - The net profit attributable to shareholders of the listed company was approximately ¥3.57 million, primarily due to the increase in operating revenue[12] - Total operating revenue for Q1 2024 was ¥170,694,733.82, an increase from ¥75,773,813.87 in Q1 2023, representing a growth of approximately 125%[31] - The company reported a net profit of ¥3,573,416.51 for Q1 2024, contrasting with a net loss of -¥1,089,053.85 in Q1 2023[33] - Total comprehensive income for Q1 2024 was ¥3,573,416.51, compared to a loss of -¥1,089,053.85 in Q1 2023, indicating a significant turnaround[33] - Basic earnings per share for Q1 2024 were ¥0.0079, compared to a loss per share of -¥0.0024 in Q1 2023[33] Research and Development - The total R&D investment rose by 152.89%, reflecting the company's expansion of its R&D team and increased investment in research[1] - Total R&D investment amounted to ¥105,156,901.84, representing an increase of 152.89%[14] - R&D investment as a percentage of operating revenue rose by 6.73 percentage points to 61.61%[14] - Research and development expenses reached ¥53,972,076.67 in Q1 2024, compared to ¥30,517,474.40 in Q1 2023, indicating a year-over-year increase of about 77%[31] - The company continues to focus on expanding its market presence and developing new products and technologies[1] Cash Flow and Financial Position - The company reported a net cash flow from operating activities of approximately -¥450.91 million, attributed to the need for upfront payments for raw materials and personnel salaries due to longer production and acceptance cycles[12] - Net cash flow from operating activities was -¥450,909,079.51 in Q1 2024, a significant decline from -¥31,293,834.93 in Q1 2023[35] - The company generated ¥479,519,418.08 in cash from sales of goods and services in Q1 2024, compared to ¥432,060,776.27 in Q1 2023, reflecting an increase of approximately 11%[35] - Investment activities generated a net cash inflow of ¥17,381,066.62 in Q1 2024, a recovery from a net outflow of -¥829,002,968.35 in Q1 2023[37] - The company incurred financial expenses of ¥6,957,888.03 in Q1 2024, which is an increase from ¥3,516,249.76 in Q1 2023, marking a rise of about 98%[31] Assets and Liabilities - Total assets increased by 12.21% to ¥8,507,814,368.56 compared to the end of the previous year[14] - Current liabilities totaled ¥5,884,515,532.85, up from ¥4,967,030,715.78, indicating a rise in short-term obligations[26] - The company’s total liabilities reached ¥6,153,146,427.97, an increase from ¥5,237,535,596.78[26] - Shareholders' equity attributable to the listed company increased by 0.43% to ¥2,354,667,940.59[14] - The company had pre-received contract payments (contract liabilities) and inventory of approximately ¥2.32 billion and ¥2.60 billion, respectively, aligning with the order scale[9] - Inventory increased to ¥4,068,579,758.37 from ¥3,217,345,365.39, reflecting a significant growth[24] - The company’s undistributed profits amounted to ¥404,285,561.53, slightly up from ¥400,712,145.02[26] Order Backlog - As of March 31, 2024, the company had a backlog of orders amounting to ¥8.19 billion, including ¥7.03 billion in photovoltaic orders and ¥1.12 billion in semiconductor orders[9] Other Financial Metrics - The basic earnings per share were reported at ¥0.0079, while diluted earnings per share were ¥0.0077[12] - The weighted average return on equity increased by 0.21 percentage points to 15%[14] - The increase in non-recurring gains and losses was mainly due to government subsidies and investment income[1] - The company reported non-recurring gains of ¥17,640,400.00 from government subsidies closely related to its normal business operations[16] Governance and Reporting - The board of directors and senior management guarantee the authenticity, accuracy, and completeness of the quarterly report, assuming legal responsibility for any misrepresentation or omissions[49] - The first quarter financial statements are not audited, indicating preliminary results[50]