威唐工业(300707) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥239,761,183.51, representing a 52.11% increase compared to ¥157,620,470.34 in the same period last year[4] - Net profit attributable to shareholders reached ¥22,508,545.21, a significant increase of 695.08% from a loss of ¥3,782,416.87 in the previous year[4] - The net profit after deducting non-recurring gains and losses was ¥21,950,362.15, up 586.38% from a loss of ¥4,513,011.42 year-on-year[4] - Basic earnings per share rose to ¥0.1274, a 628.63% increase from a loss of ¥0.0241 per share in the previous year[4] - The net profit for Q1 2024 was CNY 22,295,754.22, a significant improvement compared to a net loss of CNY 4,010,687.96 in Q1 2023, marking a turnaround in performance[23] - Operating profit reached CNY 26,095,045.65, compared to an operating loss of CNY 564,256.44 in the same period last year[23] - Total revenue from sales of goods and services amounted to CNY 226,425,828.34, up from CNY 183,376,833.34 in Q1 2023, reflecting a growth of approximately 23.5%[26] - The total comprehensive income for Q1 2024 was CNY 18,480,088.84, a recovery from a loss of CNY 4,024,147.49 in Q1 2023[24] Cash Flow and Assets - The net cash flow from operating activities was ¥27,535,331.57, an increase of 84.62% compared to ¥14,914,534.82 in the same period last year[4] - The company reported a net cash flow from operating activities of CNY 27,535,331.57, compared to CNY 14,914,534.82 in the previous year, showing improved cash generation capabilities[27] - The company's cash and cash equivalents decreased to RMB 665,054,536.88 from RMB 757,691,346.24, a decline of approximately 12.2%[19] - The company experienced a net cash decrease of CNY 92,320,823.71 in cash and cash equivalents during the quarter, contrasting with an increase of CNY 61,108,518.08 in Q1 2023[27] Expenses and Liabilities - Total operating costs for the current period were RMB 212,119,830.38, compared to RMB 160,635,964.70 in the previous period, indicating an increase of about 32%[22] - The company’s total operating expenses rose to CNY 215,275,762.17 from CNY 176,961,237.56, reflecting increased operational activities[27] - The company incurred a cash outflow of 43,729,690.70 for debt repayment, which is an increase of 98.77% compared to the previous period[10] - Total liabilities decreased to RMB 715,013,779.87 from RMB 795,259,817.12, indicating a reduction of approximately 10.1%[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,316, with no preferred shareholders[12] - Zhang Xiliang holds 14.60% of the shares, amounting to 25,838,321 shares, with 11,500,000 shares pledged[12] - The company has a total of 53,158,105 restricted shares, with 751,125 shares released during the period[15] - The company has no preferred shareholders among the top ten shareholders[14] Investments and Future Plans - The company has initiated a restricted stock incentive plan for 2024, aimed at attracting and retaining talent, with the first grant of 1,435,000 shares at a price of RMB 6.79 per share[17] - The company plans to repurchase shares between RMB 30 million and RMB 60 million, having already acquired 3,613,800 shares, representing 2.04% of total shares, at an average price between RMB 9.70 and RMB 13.68 per share, totaling RMB 39,960,947[16] Other Financial Metrics - The company's weighted average return on equity was 1.89%, up from -0.46% in the same period last year, reflecting improved profitability[4] - The company reported a significant increase in accounts receivable, which rose by 180.32% to ¥5,275,683.90 due to increased acceptance of lower-rated bank bills[8] - The company’s sales expenses surged by 327.16% to ¥7,003,403.04, attributed to increased after-sales service costs related to higher revenue from the mold business[9] - The company received tax refunds of ¥9,411,697.68, a 115.24% increase from ¥4,372,695.14 in the previous year, indicating improved cash flow management[9] - The company reported a foreign exchange loss of 1,071,465.64, a decrease of 742.60% compared to the previous period[10] - The company did not report any investment income this period, a decrease of 100.00% compared to the previous period[10] - Research and development expenses increased to CNY 7,508,668.37 from CNY 6,753,418.35, indicating a focus on innovation and product development[23]