智光电气(002169) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥526,846,937.01, representing a 19.58% increase compared to ¥440,586,388.48 in the same period last year[4] - The net profit attributable to shareholders was -¥61,533,675.61, a decrease of 159.48% from ¥103,445,031.69 in the previous year[4] - The company's net profit attributable to shareholders decreased to CNY 16,626,035.36 from CNY 136,268,457.58 year-on-year, reflecting a significant decline[20] - The net profit for Q1 2024 was -62,043,468.76 CNY, compared to a net profit of 101,314,083.18 CNY in Q1 2023, representing a significant decline[21] - The company reported a total comprehensive income of -56,807,383.76 CNY for Q1 2024, compared to 104,317,600.68 CNY in Q1 2023[21] Cash Flow and Liquidity - The net cash flow from operating activities was -¥210,360,247.68, a decline of 55.71% compared to -¥135,095,609.51 in the same period last year[10] - Cash and cash equivalents at the end of Q1 2024 were CNY 958,894,174.52, down from CNY 1,006,244,307.92 at the beginning of the period[18] - Cash and cash equivalents at the end of Q1 2024 totaled 829,815,347.87 CNY, up from 505,592,004.56 CNY at the end of Q1 2023, indicating an increase of 63.9%[23] - The total cash inflow from financing activities was 1,023,937,760.57 CNY, significantly higher than 449,973,594.33 CNY in the same period last year[23] - The company incurred total cash outflows from investing activities of 330,300,969.48 CNY, compared to 431,194,604.61 CNY in Q1 2023[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥8,481,632,587.20, an increase of 2.15% from ¥8,303,047,479.89 at the end of the previous year[4] - Total assets increased to CNY 8,481,632,587.20, compared to CNY 8,303,047,479.89 at the start of the year, marking a growth of 2.1%[19] - Total liabilities rose to CNY 5,233,387,544.39, up from CNY 4,998,761,251.09, indicating a 4.7% increase[19] - The company's other non-current liabilities increased by 285.13% to ¥789,633,433.93, mainly due to conditional capital contributions received[7] - The company’s total liabilities increased, impacting its financial leverage and operational flexibility[21] Expenses - The total operating costs for Q1 2024 were CNY 582,745,496.75, up 25.4% from CNY 464,841,099.52 in Q1 2023[20] - The company reported a significant increase in sales expenses, which rose by 62.93% to ¥33,965,254.96 due to an expanded sales team[8] - The company's investment income dropped by 99.94% to ¥88,309.62 from ¥136,268,457.58 in the previous year[9] - The financial expenses increased by 53.93% to ¥16,946,096.62, primarily due to an increase in interest-bearing liabilities[8] - The company’s research and development expenses for Q1 2024 were CNY 27,492,454.15, slightly up from CNY 25,992,361.48 in the previous year[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 62,514[13] - The largest shareholder, Guangzhou Jinyu Industrial Investment Group Co., Ltd., holds 19.32% of the shares, totaling 152,181,808 shares[13] Future Plans and Approvals - The company approved a futures hedging business with a maximum margin and premium not exceeding RMB 150 million, and the highest contract value held on any trading day not exceeding RMB 800 million[14] - The company plans to repurchase shares with a maximum amount of RMB 50 million, with a maximum repurchase price of RMB 7.00 per share, potentially acquiring approximately 714,280 shares, representing about 0.91% of the total share capital[15] - The company will jointly establish an investment fund with a total subscription amount of RMB 1.5 billion, with the company's contribution being RMB 375 million, accounting for 25% of the total[16] Audit Status - The report indicates that the financial statements for Q1 2024 have not been audited[24]