万泽股份(000534) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥290,485,885.02, representing a 3.20% increase compared to ¥281,477,110.37 in the same period last year[4] - Net profit attributable to shareholders for Q1 2024 was ¥65,768,245.08, up 12.41% from ¥58,506,301.86 in the previous year[4] - The net profit after deducting non-recurring gains and losses was ¥63,270,085.93, reflecting a 15.41% increase from ¥54,823,279.11 year-on-year[4] - Total operating revenue for Q1 2024 was CNY 290,485,885.02, an increase of 3.6% compared to CNY 281,477,110.37 in Q1 2023[29] - Net profit for Q1 2024 reached CNY 62,711,013.40, representing a 9.4% increase from CNY 57,223,058.34 in Q1 2023[31] - Earnings per share for Q1 2024 were CNY 0.1317, compared to CNY 0.1169 in Q1 2023, reflecting a growth of 12.8%[32] Cash Flow and Liquidity - The company's cash flow from operating activities showed a net outflow of ¥16,674,003.66, a decline of 63.63% compared to the previous year's outflow of ¥10,190,148.66[4] - Cash flow from operating activities for Q1 2024 was negative CNY 16,674,003.66, worsening from negative CNY 10,190,148.66 in Q1 2023[34] - The company's cash and cash equivalents decreased to CNY 225,634,229.06 from CNY 259,036,352.33, a decline of about 12.91%[24] - The ending balance of cash and cash equivalents was 224,636,290.01, a decrease from the beginning balance of 258,038,745.01[37] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥3,251,478,334.71, an increase of 4.20% from ¥3,120,279,712.38 at the end of the previous year[4] - Total liabilities as of Q1 2024 were CNY 1,994,900,845.39, up from CNY 1,815,658,166.50 in Q1 2023[27] - Total equity decreased to CNY 1,256,577,489.32 in Q1 2024 from CNY 1,304,621,545.88 in Q1 2023[27] - The company reported a significant increase in long-term borrowings, which rose to CNY 859,472,383.35 from CNY 749,567,882.38 year-over-year[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,900[11] - The company repurchased a total of 32,882,057 shares, accounting for 6.44% of the total share capital, with a total expenditure of CNY 406,909,004.85[21] - The company’s controlling shareholder increased their stake by acquiring 7,410,000 shares, representing 1.45% of the total share capital, with an investment of CNY 80,141,558[22] - A total of 861,300 restricted stocks were released from restrictions, with 51 individuals qualifying for the release[16] Research and Development - The company experienced a 63.03% increase in development expenditures, attributed to new R&D investments by subsidiaries[8] - Research and development expenses for Q1 2024 amounted to CNY 16,842,823.76, an increase from CNY 15,338,908.50 in the previous year[29] Financial Expenses and Other Costs - The company reported a 52.51% increase in financial expenses due to a rise in short-term borrowings[8] - Total operating costs for Q1 2024 were CNY 210,680,477.20, up from CNY 209,177,109.93 in the same period last year[29] Contract Liabilities - Contract liabilities increased by 98.72%, primarily due to an increase in advance payments received by subsidiaries[8] Non-Current Assets - The total non-current assets amounted to CNY 2,294,557,556.86, up from CNY 2,229,964,609.49, indicating an increase of approximately 2.91%[25]