Financial Performance - The company's revenue for Q1 2024 was CNY 716,411,120.37, representing a 7.69% increase compared to CNY 665,279,102.62 in the same period last year[5] - Net profit attributable to shareholders was CNY 23,354,009.97, a slight increase of 0.52% from CNY 23,234,046.68 year-on-year[5] - The total operating revenue for the first quarter of 2024 was RMB 716,411,120.37, an increase of 7.7% compared to RMB 665,279,102.62 in the same period last year[18] - Net profit for Q1 2024 was CNY 23,564,017.18, representing a 11.16% increase from CNY 21,198,721.20 in Q1 2023[20] - The total profit before tax for Q1 2024 was CNY 28,340,604.22, compared to CNY 26,673,140.08 in Q1 2023, reflecting a growth of 6.27%[19] Cash Flow and Liquidity - The net cash flow from operating activities increased by 48.23% to CNY 89,877,434.27, primarily due to increased sales collections[9] - Cash flow from operating activities generated a net amount of CNY 89,877,434.27, compared to CNY 60,632,006.27 in Q1 2023, marking a 48.14% increase[23] - The company's cash and cash equivalents decreased to RMB 968,214,557.38 from RMB 1,361,945,921.26, representing a decline of approximately 29%[14] - Cash and cash equivalents at the end of Q1 2024 totaled CNY 834,282,504.26, up from CNY 712,575,565.67 at the end of Q1 2023[24] - The company experienced a net cash outflow from investing activities of CNY 480,558,330.14 in Q1 2024, compared to a net outflow of CNY 56,356,212.09 in the same period last year[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,195,047,921.28, down 2.89% from CNY 4,319,887,219.51 at the end of the previous year[5] - Accounts receivable decreased to RMB 285,125,308.62 from RMB 397,397,661.15, a reduction of about 28.2%[15] - Inventory decreased to RMB 450,592,974.03 from RMB 496,139,540.90, reflecting a decline of approximately 9.2%[15] - Total liabilities decreased to RMB 1,384,519,930.08 from RMB 1,529,912,627.61, a reduction of approximately 9.5%[16] - The company's total equity increased to RMB 2,810,527,991.20 from RMB 2,789,974,591.90, an increase of about 0.7%[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 25,718[11] - The largest shareholder, Foshan Feiyu Electric Technology Co., Ltd., holds 29.57% of the shares, totaling 136,500,000 shares[11] Operational Efficiency and Strategy - The company is focusing on expanding its market presence and developing new products, although specific figures were not disclosed in the report[17] - The company plans to enhance its operational efficiency and reduce costs in the upcoming quarters to improve profitability[17] Costs and Expenses - Total operating costs for Q1 2024 were CNY 698,520,035.83, an increase of 8.63% compared to CNY 643,076,059.92 in Q1 2023[19] - Research and development expenses rose to CNY 38,164,563.47, up 24.87% from CNY 30,564,137.62 in the previous year[19] Earnings Per Share - Basic and diluted earnings per share decreased by 16.67% to CNY 0.05 from CNY 0.06 in the previous year[5] - The basic earnings per share for Q1 2024 was CNY 0.05, a decrease from CNY 0.06 in Q1 2023[20] Government Subsidies and Non-Recurring Items - The company received government subsidies amounting to CNY 220,288.14, which are closely related to its normal business operations[6] - The company reported a total of CNY 2,073,840.65 in non-recurring gains and losses for the period[6] - Other comprehensive income after tax for Q1 2024 was CNY -4,176,995.60, compared to CNY 1,519,729.25 in Q1 2023[20] Return on Equity - The weighted average return on equity decreased to 0.83% from 1.59% year-on-year, a decline of 0.76 percentage points[5] Borrowings - The company reported a decrease in short-term borrowings, which were RMB 9,156,366.18 in the previous period, now reported as zero[16]
德尔玛(301332) - 2024 Q1 - 季度财报