Secote co.ltd(SH:603283)2024-04-29 07:41Financial Performance - Total revenue for Q1 2024 reached ¥774,026,553.33, a 8.25% increase compared to ¥714,967,265.24 in Q1 2023[25] - Operating profit for Q1 2024 was ¥121,075,396.46, up from ¥79,944,973.24 in Q1 2023, reflecting a significant improvement[25] - Net profit attributable to shareholders increased by 30.08% compared to the same period last year, driven by growth in the semiconductor industry[39] - The net profit for Q1 2024 was approximately ¥100.67 million, compared to ¥74.06 million in Q1 2023, representing an increase of 35.4%[41] - The net profit attributable to shareholders of the parent company was approximately ¥94.45 million in Q1 2024, up from ¥72.61 million in Q1 2023, reflecting a growth of 30.0%[41] - The total comprehensive income for Q1 2024 was approximately ¥92.75 million, compared to ¥72.17 million in Q1 2023, indicating an increase of 28.5%[41] - Basic earnings per share for Q1 2024 were ¥0.48, compared to ¥0.38 in Q1 2023, marking a rise of 26.3%[41] - Net profit attributable to shareholders was ¥94,451,588.38, marking a significant increase of 30.08% year-over-year[60] - The net profit after deducting non-recurring gains and losses was ¥89,181,307.12, which is a substantial increase of 70.29% compared to the previous year[60] - Diluted EPS was ¥0.47, which is an increase of 23.68% year-over-year[60] Assets and Liabilities - Total assets increased by 2.64% to RMB 4,743,644,972.64 compared to the end of the previous year[15] - Total liabilities increased to ¥2,429,243,931.17 as of March 31, 2024, compared to ¥2,378,547,226.88 at the end of 2023[36] - Non-current assets totaled ¥1,644,973,545.88, up from ¥1,507,900,526.63 at the end of the previous year[67] - Short-term borrowings increased to ¥189,183,076.72 from ¥161,483,224.15 at the end of 2023[67] Cash Flow - Net cash flow from operating activities surged by 332.05%, indicating improved liquidity and operational efficiency[39] - Cash inflow from operating activities totaled approximately ¥891.83 million in Q1 2024, down from ¥951.24 million in Q1 2023, a decrease of 6.3%[55] - Cash outflow from operating activities was approximately ¥804.04 million in Q1 2024, compared to ¥930.92 million in Q1 2023, a decrease of 13.5%[55] - The net cash flow from operating activities for Q1 2024 was approximately ¥87.79 million, significantly up from ¥20.32 million in Q1 2023, an increase of 332.5%[55] - Cash and cash equivalents decreased to RMB 611,230,194.18 from RMB 619,045,659.67 at the end of the previous year[11] - Cash and cash equivalents at the end of Q1 2024 were ¥456,407,252.26, down from ¥527,051,746.22 at the beginning of the quarter[32] - Investment activities generated a net cash outflow of ¥130,992,533.72 in Q1 2024, compared to a net outflow of ¥54,133,251.07 in Q1 2023[32] Shareholder Information - The company has a total of 6,163,410 shares held by major shareholders, representing 3.08% of the total share capital at the end of the reporting period[8] - The company has not reported any significant changes in the top ten shareholders compared to the previous period[20] - The total number of shareholders at the end of the reporting period was 26,825, with significant stakes held by major shareholders[47] - The company plans to implement an employee stock ownership plan involving up to 6,163,410 shares, representing 3.08% of the current total share capital[49] Research and Development - Research and development expenses rose to ¥84,428,173.46 in Q1 2024, compared to ¥68,269,837.16 in Q1 2023, highlighting a focus on innovation[25] Tax and Efficiency - The company reported a decrease in tax expenses to ¥20,490,310.06 in Q1 2024 from ¥5,625,438.48 in Q1 2023, indicating improved tax efficiency[25] Confirmation and Accuracy - The company confirmed that the quarterly report content is true, accurate, and complete, with no false records or misleading statements[12]