中马传动(603767) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 236,291,119.74, representing a year-on-year increase of 6.23%[4] - The net profit attributable to shareholders for Q1 2024 was CNY 14,991,448.88, an increase of 86.66% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 14,965,765.22, reflecting an increase of 86.46% year-on-year[4] - Basic and diluted earnings per share for Q1 2024 were both CNY 0.05, marking a 66.67% increase compared to the previous year[5] - The total profit for Q1 2024 was CNY 17,701,390.35, up from CNY 9,520,795.16 in Q1 2023, reflecting an increase of 86.5%[18] - The net profit for Q1 2024 reached CNY 15.36 million, representing an increase of 81.5% from CNY 8.44 million in Q1 2023[28] Cash Flow and Liquidity - The net cash flow from operating activities was CNY 27,882,016.81, showing a decrease of 46.55% due to increased payments to suppliers[5] - Cash flow from operating activities for Q1 2024 was CNY 27.91 million, down 46.6% from CNY 52.19 million in Q1 2023[31] - The cash flow from investing activities for Q1 2024 was CNY -6,522,884.44, compared to CNY -5,936,996.35 in Q1 2023, showing a slight increase in cash outflow[22] - The cash and cash equivalents increased to CNY 437,299,944.36 as of March 31, 2024, compared to CNY 418,667,080.89 at the end of 2023, representing a growth of 4.3%[13] - The ending balance of cash and cash equivalents as of Q1 2024 was ¥362,622,008.80, up from ¥323,020,021.90 year-over-year[32] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,862,796,668.64, a decrease of 1.18% from the end of the previous year[5] - Total assets as of March 31, 2024, were CNY 1,862,796,668.64, down from CNY 1,885,059,611.20 at the end of 2023, a decrease of 1.2%[15] - Total liabilities decreased to CNY 392,325,934.59 from CNY 429,580,326.03, reflecting a decline of 8.7%[15] - The equity attributable to shareholders at the end of the reporting period was CNY 1,470,470,734.05, an increase of 1.03% compared to the previous year-end[5] - The company's total equity increased to CNY 1.47 billion in Q1 2024 from CNY 1.46 billion in Q4 2023, an increase of 2.3%[26] Operational Highlights - The increase in net profit was attributed to the sales growth of the automatic transmission gear project[8] - The total operating costs for Q1 2024 were CNY 223,087,901.56, up from CNY 212,918,969.76 in Q1 2023, reflecting a growth of 4.9%[17] - 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] - The company is focusing on expanding its market presence and enhancing product development strategies in the upcoming quarters[17] Research and Development - Research and development expenses increased to CNY 14,485,934.33 in Q1 2024, compared to CNY 11,080,815.41 in Q1 2023, reflecting a 30.5% rise[18] - Research and development expenses for Q1 2024 were CNY 14.49 million, up 30.0% from CNY 11.08 million in Q1 2023[27]