Financial Performance - The company's revenue for Q1 2024 reached ¥342,111,615.63, representing a 40.55% increase compared to ¥243,411,162.39 in the same period last year[5] - Net profit attributable to shareholders was ¥29,239,074.51, up 53.03% from ¥19,106,342.03 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥26,951,046.34, reflecting a 65.00% increase from ¥16,334,355.26 in the previous year[5] - Basic and diluted earnings per share increased by 18.18% to ¥0.26 from ¥0.22 year-on-year[5] - Total operating revenue for Q1 2024 reached CNY 342,111,615.63, a significant increase of 40.7% compared to CNY 243,411,162.39 in Q1 2023[18] - Net profit for Q1 2024 was CNY 29,239,074.51, representing a 53.1% increase from CNY 19,106,342.03 in Q1 2023[19] - The total comprehensive income attributable to the parent company for Q1 2024 was CNY 29,239,074.51, an increase from CNY 19,106,342.03 in Q1 2023, representing a growth of approximately 53.5%[20] - Basic and diluted earnings per share for Q1 2024 were both CNY 0.26, up from CNY 0.22 in Q1 2023, indicating a year-over-year increase of 18.2%[20] Cash Flow and Liquidity - The company's cash flow from operating activities decreased by 55.29%, totaling ¥29,838,524.21 compared to ¥66,739,490.25 in the same period last year[5] - Net cash flow from operating activities decreased by 55.29% to ¥29,838,524.21, driven by expanded sales scale and increased safety stock of inventory[11] - Cash inflows from operating activities totaled CNY 271,774,205.56, slightly down from CNY 273,451,188.55 in the previous year[21] - The net cash flow from operating activities decreased to CNY 29,838,524.21 from CNY 66,739,490.25 in Q1 2023, reflecting a decline of approximately 55.3%[21] - Cash and cash equivalents at the end of Q1 2024 stood at CNY 50,738,273.67, down from CNY 149,035,145.16 at the beginning of the period[21] - The company reported a significant increase in cash and cash equivalents, indicating improved liquidity[19] - The company reported a net increase in cash from financing activities of CNY 14,907,274.75, a turnaround from a net outflow of CNY 29,512,362.57 in Q1 2023[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,915,502,578.02, a 3.78% increase from ¥1,845,800,902.09 at the end of the previous year[5] - Total assets rose to CNY 1,915,502,578.02, compared to CNY 1,845,800,902.09 in the previous year, indicating overall growth in the company's financial position[17] - Total liabilities increased to CNY 440,780,398.14 from CNY 401,667,709.61, suggesting a rise in financial obligations[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,152[13] - The top three shareholders hold a combined 60.31% of the shares, with Sun Guofeng at 20.17%, Zhang Yiheng at 20.07%, and Sun Guomin at 20.07%[13] - The company has no preferred shareholders with restored voting rights as of the reporting period[15] Research and Development - Research and development expenses rose by 41.54% to ¥21,632,797.07, compared to ¥15,284,264.67 in the previous year, indicating increased investment in R&D[10] - Research and development expenses increased to CNY 21,632,797.07, up 41.5% from CNY 15,284,264.67 in the same period last year[19] Investment and Impairment - Investment income increased by 342.15% to ¥1,726,993.45, mainly due to increased cash management of raised funds[11] - Credit impairment losses decreased by 122.52% to ¥-362,587.56, attributed to a reduction in the provision for receivables impairment[11] - Asset impairment losses rose by 37.96% to ¥-8,885,771.92, primarily due to an increase in inventory write-down provisions[11] Future Outlook - Future outlook remains positive with ongoing investments in new technologies and market expansion strategies planned for the upcoming quarters[19] Accounting and Reporting - The company plans to implement new accounting standards starting January 1, 2024, which may impact financial reporting[22] - The Q1 2024 report was not audited, as indicated in the company's documentation[23]
三联锻造(001282) - 2024 Q1 - 季度财报