天承科技(688603) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥80,088,379.16, representing a year-on-year increase of 6.16%[5] - The net profit attributable to shareholders was ¥17,940,505.85, reflecting a significant increase of 57.69% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥15,185,862.44, up by 31.83% year-on-year[5] - Basic earnings per share were ¥0.31, an increase of 19.23% compared to the same period last year[6] - Total revenue for Q1 2024 was CNY 80,088,379.16, an increase of 6.9% compared to CNY 75,437,966.53 in Q1 2023[19] - Net profit for Q1 2024 reached CNY 17,940,505.85, representing a 57.5% increase from CNY 11,377,316.98 in Q1 2023[20] - Operating profit for Q1 2024 was CNY 21,369,212.49, up from CNY 12,882,720.25 in Q1 2023, marking a growth of 65.5%[20] - Earnings per share for Q1 2024 were CNY 0.31, up from CNY 0.26 in Q1 2023, reflecting a growth of 19.2%[21] Cash Flow and Liquidity - The net cash flow from operating activities reached ¥33,734,966.00, marking a 49.97% increase from the previous year[5] - The net cash flow from operating activities for Q1 2024 was CNY 33,734,966.00, compared to CNY 22,493,738.20 in Q1 2023, an increase of 50.0%[23] - The total cash and cash equivalents at the end of the period amounted to 168,200,882.94, down from 240,140,367.74 at the beginning of the period[24] - The net increase in cash and cash equivalents was -71,939,484.80, reflecting a decrease in liquidity[24] - Cash outflows from financing activities totaled 35,043,957.48, with a net cash flow from financing activities also at -35,043,957.48[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,152,085,710.42, a decrease of 1.59% from the end of the previous year[6] - As of March 31, 2024, the company's total assets amounted to CNY 1,152,085,710.42, a decrease from CNY 1,170,731,269.42 as of December 31, 2023, reflecting a decline of approximately 1.6%[15] - The company's cash and cash equivalents decreased to CNY 169,002,315.72 from CNY 240,551,420.33, representing a decline of about 29.7%[15] - The total current assets as of March 31, 2024, were CNY 1,011,150,081.47, down from CNY 1,055,440,432.02, indicating a decrease of approximately 4.2%[15] - The company's non-current assets increased to CNY 140,935,628.95 from CNY 115,290,837.40, marking an increase of about 22.3%[16] - The total liabilities decreased to CNY 58,983,757.90 from CNY 68,436,376.61, reflecting a reduction of approximately 13.7%[16] - Total liabilities decreased to CNY 66,136,533.94 in Q1 2024 from CNY 73,603,615.67 in Q1 2023, a reduction of 10.2%[17] - Total equity attributable to shareholders was CNY 1,085,949,176.48 in Q1 2024, down from CNY 1,097,127,653.75 in Q1 2023, a decrease of 1.0%[17] Research and Development - The company's R&D investment totaled ¥4,844,111.90, accounting for 6.05% of operating revenue, which is a decrease of 0.92 percentage points year-on-year[6] - Research and development expenses for Q1 2024 were CNY 4,844,111.90, slightly down from CNY 5,260,410.64 in Q1 2023, a decrease of 7.9%[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 2,948[10] - The largest shareholder, Tiancheng Chemical Co., Ltd., held 9,658,110 shares, representing 16.61% of the total shares[10] - The company reported a total of 726,711 shares held by Minsheng Securities Investment Co., accounting for 1.25% of total shares as of March 31, 2024[14] Other Information - The company attributed the increase in net profit to the advantages of domestic substitution and the continuous optimization of product mix, leading to cost reduction and efficiency improvement[8] - The company approved changes to fundraising projects, including a new project for producing 30,000 tons of specialized electronic materials[12] - The company did not apply new accounting standards starting in 2024, which may impact future financial reporting[24] - The company reported other income of CNY 686,195.33 in Q1 2024, significantly higher than CNY 22,840.98 in Q1 2023[20] - The company generated CNY 487,225,306.66 in cash inflows from investment activities in Q1 2024, with CNY 530,000,000.00 allocated for investments[23] - The net cash flow from investment activities was -70,630,493.34, indicating a significant outflow compared to the previous period[24]