奇德新材(300995) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥70,499,193.61, representing a 17.16% increase compared to ¥60,173,772.76 in the same period last year[5] - Net profit attributable to shareholders was ¥3,464,004.24, up 9.63% from ¥3,159,621.95 year-on-year[5] - The net profit after deducting non-recurring gains and losses increased by 50.77% to ¥3,243,874.30 from ¥2,151,520.26 in the previous year[5] - Total operating revenue for Q1 2024 reached ¥70,499,193.61, an increase of 17.8% compared to ¥60,173,772.76 in Q1 2023[19] - Net profit for Q1 2024 was ¥3,461,120.43, representing a 9.4% increase from ¥3,162,680.04 in Q1 2023[20] - The total comprehensive income for Q1 2024 was CNY 2,171,669.92, a decrease from CNY 3,162,680.04 in Q1 2023, representing a decline of approximately 31.3%[21] Cash Flow - The net cash flow from operating activities improved significantly, reaching -¥1,413,625.56, an 83.03% increase compared to -¥8,332,247.48 in the same period last year[5] - Cash flow from operating activities showed a net outflow of CNY 1,413,625.56, an improvement compared to a net outflow of CNY 8,332,247.48 in the previous year, indicating a reduction in cash burn[24] - Cash inflow from investment activities was CNY 71,515,626.08, down from CNY 92,275,063.26 in the previous year, marking a decrease of approximately 22.5%[24] - The net cash flow from financing activities was CNY 15,913,689.89, a significant recovery from a net outflow of CNY 20,253,220.90 in the same period last year[24] - The ending balance of cash and cash equivalents increased to CNY 109,224,389.49 from CNY 27,267,071.52, showing a substantial rise of 301.5%[24] Expenses - The company reported a 44.66% increase in sales expenses, totaling ¥4,489,630.34, driven by increased business development efforts in the new energy vehicle sector[9] - Management expenses rose by 67.20% to ¥8,883,017.48, attributed to enhanced talent development initiatives[9] - Total operating costs for Q1 2024 were ¥68,525,037.95, up 17.3% from ¥58,427,492.27 in the same period last year[19] - Research and development expenses increased to ¥3,611,011.71, up 22.1% from ¥2,957,744.25 in the previous year[20] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥802,276,504.80, a slight decrease of 0.02% from ¥802,474,465.28 at the end of the previous year[5] - Current liabilities decreased to ¥116,796,669.57 from ¥135,014,794.52 year-over-year, a reduction of 13.4%[17] - Long-term borrowings increased to ¥43,500,000.00, up from ¥26,522,083.33, marking a growth of 64.1%[17] - The company's cash and cash equivalents increased to ¥113,323,391.01 from ¥82,405,575.98, representing a growth of approximately 37.5%[15] Shareholder Information - The total number of common shareholders at the end of the reporting period is 10,159[12] - The largest shareholder, Rao Desheng, holds 33.27% of the shares, totaling 28,000,000 shares[12] - The number of shares held by the top ten shareholders includes significant stakes from Jiangmen Bond Investment Co., Ltd. at 13.78% and Chen Qiyang at 4.99%[12] - The company has no preferred shareholders or changes in restricted shares during the reporting period[14] Other Information - The company experienced a significant decrease of 94.42% in trading financial assets, dropping to ¥938,597.66 from ¥16,809,100.91 due to cash flow management strategies[9] - The total amount of accounts receivable financing decreased from ¥4,836,452.82 to ¥2,238,283.09, a reduction of about 53.7%[15] - There are no significant new strategies or product developments mentioned in the current report[14] - The company has not reported any changes in the participation of major shareholders in margin financing or securities lending activities[13] - The company has not undergone an audit for the Q1 2024 report[26]