福达股份(603166) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 320,532,521.26, representing a year-on-year increase of 1.70%[5] - The net profit attributable to shareholders for the same period was CNY 31,595,670.03, reflecting a growth of 3.61% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 19.23% to CNY 30,900,919.64[5] - The company reported a net profit margin improvement, with net profit for Q1 2024 expected to be higher than the previous year, although specific figures were not disclosed[17] - In Q1 2024, the net profit reached CNY 31,595,670.03, an increase of 3.6% compared to CNY 30,496,003.20 in Q1 2023[18] - Operating profit for Q1 2024 was CNY 32,335,716.76, slightly up from CNY 31,635,438.37 in the same period last year[18] - The total comprehensive income for Q1 2024 was CNY 31,595,670.03, reflecting a growth from CNY 30,496,003.20 in the same quarter last year[19] - The basic and diluted earnings per share remained stable at CNY 0.05 for both Q1 2024 and Q1 2023[19] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 26.23% to CNY 45,273,713.55[5] - Cash and cash equivalents increased by 46.88%, primarily due to an increase in bill discounting and collection of receivables[7] - Cash and cash equivalents at the end of Q1 2024 totaled CNY 67,911,471.00, down from CNY 128,852,276.21 at the end of Q1 2023[22] - The company reported a significant increase in borrowing, with cash inflow from loans reaching CNY 301,420,500.00, compared to CNY 200,000,000.00 in Q1 2023[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,627,149,012.69, up 5.67% from the end of the previous year[5] - Total assets as of March 31, 2024, amounted to RMB 3,627,149,012.69, up from RMB 3,432,556,617.40 at the end of 2023, an increase of 5.67%[13] - Total liabilities increased to RMB 1,317,798,658.11 from RMB 1,114,804,763.78, reflecting a rise of 18.25%[14] - The company's equity attributable to shareholders decreased to RMB 2,309,350,354.58 from RMB 2,317,751,853.62, a decline of 0.19%[14] - Short-term borrowings rose to RMB 583,432,930.37 from RMB 523,571,602.57, an increase of 11.43%[13] Operating Costs and Expenses - Total operating costs for Q1 2024 were RMB 292,983,788.90, up from RMB 287,861,966.93 in Q1 2023, reflecting an increase of 3.71%[17] - Financial expenses surged by 108.43%, mainly due to increased interest expenses[7] - Financial expenses rose significantly to CNY 5,601,112.41, compared to CNY 2,687,329.63 in the previous year, primarily due to increased interest expenses[18] - Research and development expenses increased to CNY 19,858,213.40, up from CNY 18,626,587.31, indicating a focus on innovation[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 28,355[9] Accounts Receivable and Inventory - Accounts receivable financing rose by 62.88%, attributed to an increase in bank acceptance bills and receivables[7] - Accounts receivable decreased slightly to RMB 388,257,025.79 from RMB 390,031,732.46, indicating a reduction of 0.45%[12] - Inventory increased to RMB 350,343,439.70 from RMB 326,752,633.03, marking a rise of 7.19%[12]