路维光电(688401) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 176,819,171.71, representing a year-on-year increase of 30.10%[5] - The net profit attributable to shareholders for the same period was CNY 41,074,574.23, reflecting a growth of 44.56% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 59.16%, amounting to CNY 37,393,253.25[5] - Basic earnings per share for Q1 2024 was CNY 0.21, up by 50.00% year-on-year[6] - Total operating revenue for Q1 2024 reached ¥176,819,171.71, a 30.1% increase from ¥135,909,244.13 in Q1 2023[19] - Net profit for Q1 2024 was ¥38,640,152.04, compared to ¥24,234,876.93 in Q1 2023, reflecting a 59.7% increase[20] - Earnings per share for Q1 2024 were ¥0.21, up from ¥0.14 in Q1 2023[20] - The company reported a profit before tax of ¥44,581,259.57 for Q1 2024, compared to ¥28,237,830.21 in Q1 2023, an increase of 57.9%[20] Research and Development - The total R&D investment reached CNY 10,648,718.04, which is an increase of 34.45% compared to the same period last year[6] - Research and development expenses increased to ¥10,648,718.04 in Q1 2024, compared to ¥7,920,288.99 in Q1 2023, marking a 34.5% rise[19] Cash Flow and Liquidity - The cash flow from operating activities showed a net outflow of CNY 26,471,858.39, a decrease of 56.23% year-on-year due to increased cash payments for goods and services[8] - In Q1 2024, the cash inflow from operating activities was $179,714,015.27, a decrease of 7.8% compared to $193,729,198.49 in Q1 2023[23] - The company reported a net cash flow from operating activities of $26,471,858.39, down 56.2% from $60,475,025.15 in the previous year[23] - The total cash and cash equivalents at the end of Q1 2024 stood at $342,596,516.55, down from $629,822,268.17 at the end of Q1 2023[24] - The company experienced a net decrease in cash and cash equivalents of -$42,925,183.37 in Q1 2024, contrasting with an increase of $12,617,579.22 in Q1 2023[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,204,514,317.02, down by 5.08% from the end of the previous year[6] - As of March 31, 2024, the total current assets amounted to ¥773,807,170.40, a decrease of 17.5% from ¥937,983,939.52 on December 31, 2023[15] - The company's total liabilities decreased to ¥704,894,650.74 in Q1 2024 from ¥812,032,627.72 in Q1 2023, a reduction of 13.3%[19] - Total equity attributable to shareholders was ¥1,453,167,383.60 in Q1 2024, slightly down from ¥1,461,670,576.89 in Q1 2023[19] - The total assets decreased to ¥2,204,514,317.02 from ¥2,322,589,909.48, indicating a decline of 5.1%[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 5,962[10] - The company reported a total of 10 major shareholders, with no changes in their participation in margin trading or securities lending[14] Future Plans - The company plans to continue expanding its market presence and enhancing product structure to improve profitability[8] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[19] Other Financial Metrics - The weighted average return on net assets was 2.82%, an increase of 0.73 percentage points compared to the previous year[6] - Total operating costs for Q1 2024 were ¥133,534,920.86, up 15.9% from ¥115,175,208.45 in Q1 2023[19] - Cash received from investment recoveries was $60,000,000.00, a decrease of 76% compared to $250,000,000.00 in Q1 2023[23] - The company paid $84,243,255.69 for the acquisition of fixed assets, a decrease of 59% from $205,940,630.29 in the same quarter last year[23] - The cash inflow from borrowing was $15,000,000.00, down from $100,000,000.00 in the previous year, indicating reduced reliance on debt financing[24]