Financial Performance - The company's revenue for Q1 2024 was ¥82,097,211.14, representing a 14.46% increase compared to ¥71,726,861.70 in the same period last year[5] - Net profit attributable to shareholders was ¥10,772,523.13, up 4.45% from ¥10,313,803.52 year-over-year[5] - Basic and diluted earnings per share both decreased by 25.00%, from ¥0.12 to ¥0.09[5] - The net profit for Q1 2024 was CNY 10,638,892.17, an increase of 7.9% compared to CNY 9,855,548.80 in Q1 2023[21] - The total comprehensive income attributable to the parent company was CNY 10,346,059.32, compared to CNY 9,474,003.37 in Q1 2023, representing an increase of 9.2%[22] - The operating profit for the quarter was CNY 12,320,579.73, an increase from CNY 11,332,232.12 in Q1 2023[21] Cash Flow and Liquidity - The net cash flow from operating activities decreased significantly by 92.23%, amounting to ¥1,664,827.47 compared to ¥21,426,966.81 in Q1 2023[5] - Cash and cash equivalents at the end of the period were ¥688,561,372.91, down from ¥761,756,211.19 at the beginning of the period, indicating a decrease in liquidity[16] - The cash flow from operating activities showed a net increase of CNY 1,664,827.47, a significant decrease from CNY 21,426,966.81 in the same period last year[23] - The cash and cash equivalents at the end of the period were CNY 688,561,372.91, down from CNY 86,006,447.76 at the end of Q1 2023[24] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥1,347,587,883.74, a decrease of 1.44% from ¥1,367,271,402.57 at the end of the previous year[5] - Total liabilities decreased to ¥154,035,793.65 from ¥182,903,328.25, indicating a reduction in financial obligations[18] - Total assets decreased to ¥1,347,587,883.74 from ¥1,367,271,402.57, reflecting a reduction in overall asset base[18] Shareholder Information - Total number of common shareholders at the end of the reporting period is 17,131[10] - The largest shareholder, Zhu Min, holds 37.78% of shares, totaling 43,713,200 shares[10] - The second largest shareholder, Wu Yutang, holds 18.73% of shares, totaling 21,670,350 shares[10] - The top 10 shareholders collectively hold significant stakes, with the largest three shareholders accounting for 59.49% of total shares[10] - No changes in the number of restricted shares for major shareholders during the reporting period[13] - The total number of restricted shares at the end of the period is 86,788,000[14] - The company has no preferred shareholders or related changes in preferred shares[12] - There are no shareholders participating in margin financing or securities lending activities[11] - The company plans to lift restrictions on certain shares on August 23, 2024[13] Operating Costs and Expenses - Total operating costs amounted to ¥68,957,053.33, up 11.6% from ¥61,778,743.91 in the prior year[20] - The company’s management expenses rose by 36.82% to ¥9,106,642.05, primarily due to increased salaries for high-end and reserve management personnel[8] - Financial expenses surged by 3723.98%, resulting in a net income of -¥4,149,771.99, attributed to increased interest income from raised funds[8] - Research and development expenses were ¥5,270,526.14, reflecting an increase from ¥4,739,427.07, indicating a focus on innovation[20] Investment Activities - The company’s investment activities generated a net cash outflow of -¥69,890,322.65, a 271.48% increase compared to -¥18,813,881.86 in the previous year[8] - The company reported a net investment income of ¥172,529.74, compared to ¥9,248.27 in the previous period, showing improved investment performance[20] - The company reported a net cash outflow from investing activities of CNY -69,890,322.65, compared to CNY -18,813,881.86 in Q1 2023, indicating increased investment expenditures[24] Inventory and Borrowings - Inventory levels rose to ¥140,910,541.87 from ¥130,342,341.39, suggesting an increase in stock on hand[16] - Short-term borrowings decreased significantly to ¥6,000,000.00 from ¥11,264,022.93, indicating improved debt management[17]
波长光电(301421) - 2024 Q1 - 季度财报