航材股份(688563) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 678,614,155.44, representing a year-on-year increase of 16.52%[4] - The net profit attributable to shareholders was CNY 148,119,541.27, reflecting a growth of 22.47% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was CNY 127,574,289.14, which increased by 5.64% year-on-year[4] - Operating profit for Q1 2024 was ¥166,011,564.65, up from ¥136,214,358.57 in Q1 2023, reflecting a growth of 22%[20] - Net profit attributable to shareholders for Q1 2024 was ¥148,119,541.27, compared to ¥120,946,841.16 in Q1 2023, marking an increase of 22.4%[20] - The company's total costs for Q1 2024 were ¥541,747,934.16, an increase of 22.3% from ¥443,000,090.15 in Q1 2023[19] Cash Flow - The net cash flow from operating activities was negative CNY 179,746,037.48, showing a decrease of 14.76% compared to the previous year[5] - Cash flow from operating activities showed a net outflow of ¥179,746,037.48 in Q1 2024, an improvement from a net outflow of ¥210,858,848.60 in Q1 2023[21] - Cash inflow from investment activities was ¥1,508,581,917.82 in Q1 2024, with significant contributions from recovered investments[21] - Net cash flow generated from investment activities was $724,782,655.54, a substantial recovery from a negative cash flow of -$7,739,195.76 in the prior period[22] - Cash inflow from financing activities totaled $239,650.56, while cash outflow from financing activities was $7,866,501.94, resulting in a net cash flow from financing activities of -$7,626,851.38, an improvement from -$8,102,513.27 previously[22] - The net increase in cash and cash equivalents for the period was $538,174,061.27, compared to a decrease of -$230,068,632.38 in the prior period, indicating a strong liquidity position[22] Assets and Liabilities - The total assets at the end of the reporting period were CNY 11,632,478,519.96, up 1.12% from the end of the previous year[5] - The total assets as of March 31, 2024, were RMB 11,632,478,519.96, compared to RMB 11,503,750,067.45 at the end of 2023, marking a growth of about 1.12%[16] - The total liabilities decreased slightly to RMB 1,470,467,980.25 from RMB 1,490,674,457.60, a reduction of approximately 1.49%[17] - The non-current assets totaled RMB 682,443,958.88, up from RMB 627,948,042.54, indicating an increase of approximately 8.66%[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 28,510[8] - The company has not reported any changes in major shareholders or significant related party transactions during the reporting period[12] Research and Development - The company's R&D investment totaled CNY 49,326,288.34, which accounted for 7.27% of operating revenue, an increase of 0.72 percentage points year-on-year[5] - Research and development expenses increased to ¥49,326,288.34 in Q1 2024, up from ¥38,111,431.63 in Q1 2023, representing a growth of 29.3%[19] Earnings and Returns - The basic and diluted earnings per share were both CNY 0.33, a decrease of 2.94% compared to the same period last year[5] - The company reported a basic earnings per share of ¥0.33 for Q1 2024, slightly down from ¥0.34 in Q1 2023[20] - The weighted average return on equity was 1.47%, down by 3.09 percentage points year-on-year[5] Government Support - The company received government subsidies amounting to CNY 3,000,000.00 during the reporting period[6] Employee Compensation - The company reported a significant increase in employee compensation payable, rising to RMB 48,175,205.60 from RMB 30,724,502.34, an increase of approximately 56.73%[17] Accounting and Reporting - The company has not adopted new accounting standards or interpretations for the current fiscal year, ensuring consistency in financial reporting[22] - The report was issued by the Board of Directors of Beijing Aeronautical Materials Research Institute on April 29, 2024, highlighting the company's commitment to transparency[22] - The company is led by Yang Hui as the responsible person and Ma Xingjie as the head of accounting, ensuring accountability in financial management[22]