热威股份(603075) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for the first quarter reached ¥418,152,540.13, representing an increase of 11.64% compared to the same period last year[5] - Net profit attributable to shareholders of the listed company was ¥57,090,849.58, reflecting a growth of 37.62% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥53,308,913.58, up by 27.30% from the previous year[5] - Basic and diluted earnings per share were both ¥0.14, an increase of 16.67% compared to the same period last year[5] - Net profit for Q1 2024 reached ¥56,785,269.35, a significant increase of 37.7% from ¥41,197,970.03 in Q1 2023[48] - Operating profit improved to ¥65,158,714.96, up from ¥43,667,465.39, reflecting a growth of approximately 49.2%[48] Assets and Liabilities - The company's total assets at the end of the reporting period amounted to ¥2,840,962,346.75, a 2.84% increase from the end of the previous year[7] - Total assets increased to ¥2,840,962,346.75, up from ¥2,762,477,421.42, representing a growth of approximately 2.8%[42] - The equity attributable to shareholders of the listed company was ¥2,043,690,641.92, which is a 2.53% increase year-on-year[7] - The total equity attributable to shareholders increased to ¥2,043,690,641.92 from ¥1,993,273,209.69, reflecting a growth of approximately 2.5%[45] - The total liabilities as of March 31, 2024, were ¥791,854,151.53, up from ¥763,481,078.20 at the end of 2023[29] - Total liabilities rose to ¥791,854,151.53, compared to ¥763,481,078.20, marking an increase of about 3.9%[45] Cash Flow - The net cash flow from operating activities was ¥11,015,024.96, showing a significant decrease of 65.99% compared to the same period last year[5] - Cash flow from operating activities for Q1 2024 was ¥11,015,024.96, a decrease of 66.0% from ¥32,389,218.76 in Q1 2023[37] - The company reported a net cash inflow from operating activities of ¥407,032,538.86 in Q1 2024, compared to ¥416,080,852.31 in Q1 2023[37] - The company reported a net cash outflow from investing activities of ¥42,693,708.58, compared to an outflow of ¥32,355,635.29 in the previous year[51] Accounts Receivable and Borrowings - The company reported a decrease in cash received from sales, which did not increase in line with revenue growth due to reduced financing from accounts receivable[21] - Accounts receivable increased to ¥394,597,104.27 in Q1 2024 from ¥383,525,565.03 in Q4 2023, indicating a growth of 2.8%[27] - Short-term borrowings rose to ¥360,211,467.01 in Q1 2024, compared to ¥310,155,530.23 in Q4 2023, marking an increase of 16.1%[29] Research and Development - Research and development expenses were ¥21,976,951.52, slightly up from ¥21,839,236.62, indicating a focus on innovation[48] Strategic Initiatives - The company plans to focus on expanding its market presence and developing new technologies in the upcoming quarters[39] - The company has initiated new strategies for product development and market expansion to enhance its competitive edge[39] Financial Management - The weighted average return on net assets decreased by 1.08 percentage points to 2.83%[7] - The company’s financial expenses decreased to ¥437,009.26 from ¥7,236,861.49, showing improved cost management[48] - Non-recurring gains and losses for the period totaled ¥3,781,936.00, primarily due to revenue growth and reduced financial expenses[21] - Other comprehensive income after tax was reported at -¥6,673,417.35, compared to -¥97,979.18 in the previous year, indicating a significant change[48]