长缆科技(002879) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 197,870,455.78, representing a 4.85% increase compared to CNY 188,722,725.58 in the same period last year[5] - Net profit attributable to shareholders increased by 220.90% to CNY 16,252,172.69 from CNY 5,064,503.44 year-on-year[5] - The basic earnings per share rose to CNY 0.09, a 200.00% increase from CNY 0.03 in the same quarter last year[5] - Net profit for Q1 2024 was CNY 16,252,172.69, a significant increase of 220.5% compared to CNY 5,064,503.44 in Q1 2023[19] - The total comprehensive income for the first quarter of 2024 was CNY 16,252,172.69, compared to CNY 5,064,503.44 in the same period last year, representing an increase of approximately 220%[21] - Basic and diluted earnings per share both increased to CNY 0.09 from CNY 0.03, marking a 200% increase year-over-year[21] Cash Flow - The net cash flow from operating activities improved by 124.10%, reaching CNY 10,154,871.86, compared to a negative cash flow of CNY -42,137,830.72 in the previous year[5] - Cash inflow from operating activities totaled CNY 237,931,320.75, up from CNY 194,330,436.14, reflecting a growth of about 22.4%[21] - The net cash flow from operating activities was CNY 10,154,871.86, a significant recovery from a negative CNY 42,137,830.72 in the previous year[21] - Cash outflow from investing activities was CNY 26,297,082.34, compared to CNY 168,865,864.58 in the same period last year, indicating a reduction of approximately 84.5%[22] - The net cash flow from investing activities was negative CNY 26,297,082.34, an improvement from negative CNY 48,221,133.08 year-over-year[22] - Cash and cash equivalents at the end of the period stood at CNY 618,740,568.22, up from CNY 527,699,245.87, representing an increase of about 17.0%[22] - The company reported a cash outflow of CNY 98,878,351.24 from financing activities, with no cash inflow recorded during the period[22] Assets and Liabilities - Total assets decreased by 8.23% to CNY 2,128,800,992.61 from CNY 2,319,692,337.68 at the end of the previous year[5] - Total liabilities decreased to CNY 437,963,971.35 from CNY 550,694,428.99, a reduction of 20.4%[17] - The equity attributable to the parent company decreased to CNY 1,690,837,021.26 from CNY 1,768,997,908.69, a decline of 4.4%[17] - The company’s total current assets decreased to ¥1,478,756,995.70 from ¥1,678,037,900.48, a decline of about 11.9%[14] Inventory and Receivables - The inventory stock increased by 78.86% to CNY 224,265,555.74, attributed to the company's stock repurchase activities[8] - Accounts receivable decreased to ¥509,392,813.05 from ¥564,737,094.73, a reduction of about 9.7%[14] - The company reported a 72.54% decrease in receivables financing, down to CNY 19,286,760.77 from CNY 70,227,130.25, primarily due to a reduction in notes receivable[8] - Inventory increased to ¥219,423,995.90 from ¥202,811,877.80, reflecting an increase of approximately 8.1%[14] Government Subsidies and Expenses - The company recorded a significant increase in government subsidies, amounting to CNY 6,434,606.50, which contributed positively to the financial results[6] - The company experienced a 56.71% increase in tax and additional charges, totaling CNY 3,624,063.54, mainly due to higher property tax payments[8] - Research and development expenses rose to CNY 17,573,724.55, up from CNY 15,890,816.89, indicating a growth of 10.6%[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,612[10] - The company repurchased a total of 8,110,405 shares, accounting for 4.20% of the total share capital, with a total transaction amount of ¥98,859,035.72[13] - The company has not disclosed any related party relationships among its major shareholders[12] - The company has not participated in any margin financing activities among its top shareholders[12] Strategic Initiatives - The company revised its employee stock ownership plans, indicating a strategic focus on employee engagement and retention[13] - The report indicates that the company will implement new accounting standards starting in 2024[23] - The company has not undergone an audit for the first quarter report[23]