FCDW(SH:605189)2024-04-29 08:05Financial Performance - The company's operating revenue for Q1 2024 was CNY 537,141,297.73, representing a year-on-year increase of 13.55%[5] - The net profit attributable to shareholders for the same period was CNY 29,514,436.74, reflecting a growth of 30.06% compared to the previous year[5] - The basic earnings per share (EPS) was CNY 0.19, which is an increase of 5.56% year-on-year[6] - The diluted EPS for Q1 2024 was CNY 0.21, marking a 16.67% increase from the previous year[6] - Total operating revenue for Q1 2024 reached ¥537.14 million, a 13.6% increase from ¥473.05 million in Q1 2023[22] - Net profit for Q1 2024 was ¥29.51 million, representing a 30.0% increase compared to ¥22.69 million in Q1 2023[23] - The total comprehensive income for Q1 2024 was ¥29.38 million, compared to ¥22.69 million in Q1 2023, reflecting overall growth[24] - The net profit for Q1 2024 was ¥29,449,698.06, representing a significant increase of 111.3% from ¥13,957,091.55 in Q1 2023[32] Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 4,426,423,448.86, up 8.78% from the end of the previous year[6] - Total liabilities as of March 31, 2024, were RMB 2,601,791,418.98, an increase of 14.63% compared to RMB 2,268,856,536.10 at the end of 2023[19] - The company's total assets reached RMB 4,426,423,448.86, reflecting a growth of 8.77% from RMB 4,069,052,154.04[19] - The total non-current assets were RMB 2,128,224,310.55, which is an increase of 3.69% from RMB 2,052,704,390.41[18] - The company's total liabilities increased to ¥1,803,174,800.86 in Q1 2024, compared to ¥1,519,982,203.78 at the end of 2023[30] Cash Flow - The net cash flow from operating activities was negative at CNY -383,667,618.58, which is not applicable for year-on-year comparison[5] - Cash flow from operating activities for Q1 2024 showed a net outflow of ¥383.67 million, compared to a net outflow of ¥5.28 million in Q1 2023[26] - The company's cash flow from operating activities showed a net decrease of ¥48,705,129.50 in Q1 2024[27] - The net cash flow from operating activities turned negative at -$109.44 million in Q1 2024, compared to a positive $35.03 million in Q1 2023[34] - The total cash outflow for operating activities was $687.62 million in Q1 2024, compared to $463.54 million in Q1 2023[34] Investments and Financing - Cash inflow from investment activities in Q1 2024 was ¥33.70 million, an increase from ¥27.24 million in Q1 2023[26] - Cash inflow from financing activities for Q1 2024 was ¥591.65 million, significantly higher than ¥163.50 million in Q1 2023[26] - The company received $293.09 million in borrowings in Q1 2024, a substantial increase from $38.54 million in Q1 2023[35] - The net cash flow from financing activities was $272.52 million in Q1 2024, compared to -$23.02 million in Q1 2023[35] Inventory and Receivables - Inventory increased significantly to RMB 970,604,211.30, up 51.54% from RMB 640,612,725.46[17] - The company's accounts receivable increased to RMB 36,909,311.15, up 79.67% from RMB 20,556,435.47[17] - The company's inventory increased to ¥525,224,139.92 as of March 31, 2024, compared to ¥399,320,827.66 at the end of 2023, indicating a growth of 31.5%[28] Research and Development - Research and development expenses for Q1 2024 totaled ¥25.74 million, up from ¥18.07 million in Q1 2023, indicating a focus on innovation[22] - Research and development expenses for Q1 2024 were ¥18,693,638.56, slightly up from ¥17,885,953.09 in Q1 2023[31]