华天科技(002185) - 2024 Q1 - 季度财报

Financial Performance - Revenue for Q1 2024 reached CNY 3,106,029,786.01, an increase of 38.72% compared to CNY 2,238,999,876.69 in the same period last year[3] - Net profit attributable to shareholders was CNY 57,034,044.42, a significant turnaround from a loss of CNY 106,370,486.95 in the previous year, representing a growth of 153.62%[3] - The net profit for Q1 2024 was CNY 57,608,980.41, a significant improvement compared to a net loss of CNY 126,698,022.92 in the same period last year, marking a turnaround of approximately 145.4%[18] - Operating profit reached CNY 65,325,685.12, compared to a loss of CNY 139,824,859.60 in Q1 2023, indicating a recovery in operational performance[18] - Total operating revenue for Q1 2024 was CNY 3,106,029,786.01, an increase from CNY 2,238,999,876.69 in the same period last year, representing a growth of approximately 38.7%[17] - Total operating costs for Q1 2024 amounted to CNY 3,271,515,122.85, up from CNY 2,480,386,796.07, indicating a rise of about 32.0%[17] Cash Flow and Investments - Operating cash flow increased by 229.08% to CNY 553,860,693.87, up from CNY 168,303,238.32 year-on-year, driven by higher cash receipts from sales[6] - Cash flow from operating activities generated CNY 553,860,693.87, up from CNY 168,303,238.32 in the previous year, reflecting a year-over-year increase of approximately 228.5%[19] - The company incurred a total cash outflow from investing activities of CNY 2,014,553,605.26, compared to CNY 884,444,686.04 in the previous year, indicating increased investment activity[19] - Financing activities generated a net cash inflow of CNY 2,221,291,621.29, a substantial increase from CNY 553,432,350.54 in Q1 2023, highlighting improved financing conditions[20] Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 35,917,941,271.51, a 6.42% increase from CNY 33,751,820,450.19 at the end of the previous year[3] - The total liabilities increased to CNY 16,799,846,414.69 from CNY 14,627,792,974.78, which is an increase of approximately 14.9%[16] - Cash and cash equivalents at the end of the period were CNY 6,653,777,479.39, up from CNY 5,468,991,927.78, indicating a growth of about 21.8%[15] - The inventory balance at the end of Q1 2024 was CNY 2,164,881,006.49, slightly up from CNY 2,126,493,100.56, reflecting an increase of approximately 1.8%[15] - The company reported a decrease in short-term borrowings to CNY 3,115,958,917.50 from CNY 2,404,834,921.63, which is a significant increase of about 29.5%[15] Shareholder Information - The total number of common shareholders at the end of the reporting period is 291,288, with no preferred shareholders having voting rights[8] - The largest shareholder, Tianshui Huati Technology Group Co., Ltd., holds 22.59% of shares, totaling 723,774,508 shares[8] - The second-largest shareholder, Huaxin Investment Management Co., Ltd., holds 3.21% of shares, totaling 102,914,400 shares[8] - The top ten shareholders collectively hold a significant portion of the company's shares, with the top three alone accounting for over 28%[8] - The company has not disclosed any related party relationships or concerted actions among the top shareholders[9] - There were no changes in the number of shares lent out under margin trading for the top shareholders during the reporting period[10] - The company reported a total of 723,774,508 shares held by Tianshui Huati Technology Group Co., Ltd. under normal accounts, with no shares lent out[10] - The report indicates that there were no changes in the status of shares for the top ten shareholders due to margin trading activities[12] - The company has not identified any new or exiting shareholders among the top ten during the reporting period[12] Research and Development - Research and development expenses rose by 35.06% to CNY 187,011,966.53, reflecting increased investment in R&D activities[6] - Research and development expenses increased to CNY 187,011,966.53 from CNY 138,469,608.06, reflecting a growth of approximately 35.0%[17] Other Income and Comprehensive Income - The company received government subsidies amounting to CNY 104,289,370.51, contributing to the overall increase in other income[4] - The company reported a total comprehensive income of CNY 8,310,574.88, a recovery from a loss of CNY 98,184,039.24 in the same quarter last year[18] - The basic and diluted earnings per share for Q1 2024 were CNY 0.0178, recovering from a loss of CNY 0.0332 per share in the same quarter last year[18] - The company reported a decrease in other comprehensive income attributable to the parent company, amounting to CNY -62,039,527.33, compared to an increase of CNY 17,545,189.73 in Q1 2023[18] Equity - The total equity attributable to shareholders of the parent company was CNY 15,893,829,596.14, up from CNY 15,849,983,538.60, indicating a marginal increase[16] - The weighted average return on equity improved to 0.36%, up from -0.68% in the previous year[3]