卓胜微(300782) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 reached ¥1,189,624,929.96, representing a 67.16% increase compared to ¥711,657,368.03 in the same period last year[4] - Net profit attributable to shareholders was ¥197,772,186.73, up 69.83% from ¥116,490,701.57 year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥194,474,016.16, reflecting a 64.82% increase from ¥118,024,698.13 in the previous year[4] - Basic earnings per share increased to ¥0.3705, a rise of 69.80% compared to ¥0.2182 in the previous year[4] - Total operating revenue for Q1 2024 reached 1,189,624,929.96, a significant increase from 711,657,368.03 in the same period last year, representing a growth of approximately 67%[19] - Operating profit for the quarter was CNY 190,254,681.04, an increase of 61.8% from CNY 117,635,393.08 in Q1 2023[20] - The company reported a total comprehensive income of CNY 197,756,351.77, compared to CNY 95,964,967.13 in Q1 2023, marking an increase of 106.5%[21] Cash Flow and Liquidity - The company's cash flow from operating activities showed a significant decline, with a net cash flow of ¥76,058,099.51, down 85.58% from ¥527,483,829.60 in the same quarter last year[4] - The cash flow from operating activities was CNY 76,058,099.51, compared to CNY 527,483,829.60 in the previous year, indicating a decrease in cash flow[22] - The net cash flow from investing activities in Q1 2024 was -511.76 million, compared to -181.35 million in Q1 2023, indicating a significant increase in cash outflow for investments[23] - The net cash flow from financing activities in Q1 2024 was 574.94 million, a decrease from 2,988.12 million in Q1 2023, reflecting a reduction in financing inflows[23] - The ending balance of cash and cash equivalents as of Q1 2024 was 853.51 million, compared to 1,541.26 million at the end of Q1 2023, indicating a decrease in liquidity[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥11,930,514,546.57, marking a 21.58% increase from ¥9,811,385,337.50 at the end of the previous year[4] - Total liabilities rose to 1,916,104,942.54 from 1,154,421,180.14, reflecting an increase of approximately 65.8%[18] - The company's total assets reached 11,930,514,546.57, compared to 10,957,700,894.90 at the beginning of the period, representing a growth of about 8.9%[18] Research and Development - Research and development expenses surged to ¥268,791,466.08, an increase of 118.60% compared to ¥122,960,808.17 in the same period last year, indicating a significant investment in innovation[8] - The company aims to enhance its product categories and industry applications through the construction of advanced RF front-end chip and module research capabilities[15] - The company has made progress in the engineering and productization capabilities of RF switches and low-noise amplifiers, with processes now largely defined[15] Shareholder Information - The total number of restricted shares held by major shareholders at the beginning of the period was 88,998,636, with 2,040,458 shares released during the period[13] - Major shareholders include Wuxi Huizhi United Investment Enterprise with a 11.48% stake and Hong Kong Central Clearing Limited with a 7.76% stake[10] - The total number of shares held by the top ten shareholders accounts for a significant portion of the total share capital, with the largest shareholder holding 61,289,013 shares[10] Future Outlook - Future outlook includes continued investment in new technologies and market expansion strategies to sustain growth momentum[19] - The company is focused on creating a "smart manufacturing" resource platform to align with market development needs[15] Other Financial Metrics - Total operating costs for Q1 2024 were 1,008,190,985.59, compared to 525,820,130.42 in the previous year, indicating a year-over-year increase of about 91%[19] - Financial expenses amounted to CNY 1,278,528.70, a significant increase from a negative CNY 640,768.12 in the previous year[20] - Other comprehensive income after tax was CNY 728,970.52, compared to a loss of CNY 20,097,372.06 in the previous year, indicating a recovery in this area[20] Accounting and Reporting - The company has not yet adopted the new accounting standards as of the beginning of 2024, which may impact future financial reporting[23] - The first quarter report for 2024 has not been audited, which may affect the reliability of the financial data presented[23]