华灿光电(300323) - 2024 Q1 - 季度财报

Financial Performance - Total operating revenue for Q1 2024 reached ¥828,575,837.99, a significant increase of 107.3% compared to ¥399,300,706.28 in the same period last year[4] - Total operating costs for Q1 2024 were ¥986,811,796.93, up 93.5% from ¥509,471,228.21 in Q1 2023[4] - Net profit for Q1 2024 was a loss of ¥107,449,827.35, an improvement from a loss of ¥123,844,736.77 in Q1 2023, representing a reduction of 13.5%[5] - The company reported other income of ¥39,622,963.28, an increase of 45.9% compared to ¥27,177,850.31 in the previous year[5] - The total comprehensive income for Q1 2024 was -¥107,428,362.95, compared to -¥123,961,349.69 in the same period last year[6] - The net loss attributable to shareholders was ¥107,449,827.35, an improvement of 13.24% from a loss of ¥123,844,736.77 in the same period last year[20] - Basic and diluted earnings per share for Q1 2024 were both -¥0.07, an improvement from -¥0.10 in Q1 2023[6] Cash Flow - Cash flow from operating activities showed a net outflow of ¥231,507,327.65, worsening from a net outflow of ¥165,939,645.26 in the previous year[9] - The net cash flow from operating activities was -¥231,507,327.65, which is a 39.51% decline compared to -¥165,939,645.26 in the previous year[20] - The company reported a net cash outflow from investment activities of -¥430,482,054.13, compared to -¥87,939,270.26 in the previous year[20] - The net cash flow from financing activities was ¥342,289,414.43, an increase from ¥110,845,152.56 in the previous year[20] - Cash flow from investing activities saw a dramatic decline of 389.52%, moving from -¥87,939,270.26 to -¥430,482,054.13[46] - Cash flow from financing activities increased by 208.80%, rising from ¥110,845,152.56 to ¥342,289,414.43[46] Assets and Liabilities - The total assets at the end of the reporting period were ¥11,362,807,391.66, showing a slight decrease of 0.08% from ¥11,371,667,435.23 at the end of the previous year[20] - Total current assets decreased from ¥4,505,425,971.25 to ¥4,353,785,542.66, a decline of approximately 3.37%[38] - Total non-current assets increased by 164.17% to CNY 284,477,962.18, mainly due to prepayments for projects and equipment[28] - Total non-current assets rose from ¥6,866,241,463.98 to ¥7,009,021,849.00, an increase of about 2.08%[38] - Total liabilities increased from ¥3,840,546,154.61 to ¥3,939,114,473.99, reflecting a growth of about 2.58%[39] - The total equity attributable to shareholders decreased by 1.43% to ¥7,423,692,917.67 from ¥7,531,121,280.62 at the end of the previous year[20] Expenses - Research and development expenses increased to ¥45,572,941.24, up 17.9% from ¥38,819,390.04 in the same quarter last year[4] - Sales expenses decreased to ¥6,940,629.10, down 24.5% from ¥9,197,825.37 in Q1 2023[4] - Operating costs rose by 119.88% to CNY 862,544,728.53, primarily due to the increase in revenue[28] Other Financial Metrics - The weighted average return on net assets was -1.44%, an improvement of 0.55% from -1.99% in the previous year[20] - The company received cash from sales and services amounting to ¥612,304,916.85, an increase of 65.5% from ¥369,557,131.27 in Q1 2023[9] - The company reported non-recurring gains and losses totaling ¥28,919,711.38 for the period[23] - Investment income surged to CNY 2,355,338.05 from a loss of CNY 446,865.24 in the previous period, reflecting gains from financial products[28] - Contract liabilities rose by 39.68% to CNY 1,522,683.00, indicating an increase in customer advance payments[28] - Employee compensation payable decreased by 41.03% to CNY 49,304,772.07, primarily due to the payment of year-end bonuses[28] - Lease liabilities increased significantly by 2300.41% to CNY 21,468,491.08, resulting from new right-of-use assets[28] - Cash and cash equivalents decreased to CNY 1,305,091,757.77 from CNY 1,628,978,802.42 at the beginning of the period[35] - Inventory increased to CNY 1,142,976,376.64 from CNY 1,099,413,028.90, reflecting a rise in stock levels[35] - Short-term borrowings increased significantly from ¥883,831,365.96 to ¥1,133,251,164.76, a rise of approximately 28.24%[39]