Financial Performance - The company's revenue for Q1 2024 was ¥389,493,617.59, representing a 12.95% increase compared to ¥344,851,068.99 in the same period last year[5] - Net profit attributable to shareholders decreased by 5.75% to ¥19,714,994.91 from ¥20,918,784.17 year-on-year[5] - The basic earnings per share decreased by 11.11% to ¥0.08 from ¥0.09 in the same period last year[5] - Net profit for Q1 2024 was CNY 18,772,010.42, a decrease of 10.5% compared to CNY 20,981,704.44 in Q1 2023[17] - Operating profit for Q1 2024 was CNY 16,225,848.65, down 31.5% from CNY 23,667,232.44 in Q1 2023[17] - Total revenue from sales of goods and services in Q1 2024 was CNY 344,414,864.25, compared to CNY 349,403,867.07 in Q1 2023[21] - The company reported a total comprehensive income of CNY 18,772,010.42 for Q1 2024, slightly up from CNY 18,740,984.52 in Q1 2023[18] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly, reaching ¥4,230,430.78, a 114.31% increase from a negative cash flow of ¥29,571,631.59 in the previous year[5] - Cash flow from operating activities generated a net inflow of CNY 4,230,430.78, a significant recovery from a net outflow of CNY -29,571,631.59 in Q1 2023[21] - Cash and cash equivalents decreased to RMB 953,545,220.26 from RMB 1,043,862,964.49 at the beginning of the period, reflecting a decline of approximately 8.6%[12] - Cash and cash equivalents at the end of Q1 2024 were CNY 933,902,400.66, down from CNY 1,285,266,044.81 at the end of Q1 2023[22] - Investment activities resulted in a net cash outflow of CNY -81,263,077.38 in Q1 2024, compared to CNY -69,430,185.20 in Q1 2023[21] Assets and Liabilities - Total assets increased by 3.85% to ¥3,914,511,285.15 from ¥3,769,271,685.20 at the end of the previous year[5] - Total assets amounted to RMB 3,914,511,285.15, up from RMB 3,769,271,685.20, representing a growth of about 3.8%[14] - Total liabilities increased to RMB 904,257,332.79 from RMB 782,303,481.55, reflecting a rise of approximately 15.6%[14] - The company's equity attributable to shareholders reached RMB 3,001,836,156.40, up from RMB 2,980,094,003.47, indicating a growth of about 0.7%[14] - The equity attributable to shareholders rose by 0.73% to ¥3,001,836,156.40 from ¥2,980,094,003.47 at the end of the previous year[5] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 24,779[9] - The largest shareholder, 邓玉泉, holds 39.13% of the shares, totaling 91,411,152 shares[9] Operational Costs and Expenses - Total operating costs for Q1 2024 were CNY 366,880,500.45, an increase of 13.3% from CNY 324,131,102.64 in Q1 2023[17] - Research and development expenses for Q1 2024 were CNY 20,991,964.88, a decrease of 17.0% from CNY 25,309,806.36 in Q1 2023[17] Strategic Initiatives - The company plans to expand its market presence and invest in new product development to drive future growth[11] - Ongoing research and development efforts are aimed at enhancing technological capabilities and product offerings[11] Other Income - The company reported a non-operating income of ¥1,489,106.70 from government subsidies related to normal business operations[6] - The weighted average return on equity improved to 0.62% from 0.01% year-on-year[5]
奕东电子(301123) - 2024 Q1 - 季度财报