晶合集成(688249) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 reached ¥2,227,893,274.41, representing a year-on-year increase of 104.44%[4] - Net profit attributable to shareholders was ¥79,258,819.88, up 123.98% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥57,309,730.50, reflecting a 114.87% increase year-on-year[4] - The gross profit margin for the reporting period was 24.99%, an increase of 16.97 percentage points from the previous year[7] - The company reported a net profit margin improvement, with net profit for Q1 2024 reflecting a positive trend compared to the previous year, although specific figures were not disclosed[23] - In Q1 2024, the company reported a net profit of ¥81,851,707.70, a significant recovery from a net loss of ¥376,183,403.33 in Q1 2023[25] - Operating profit for Q1 2024 was ¥81,831,322.79, compared to an operating loss of ¥377,049,773.30 in the same period last year[25] - The total comprehensive income for Q1 2024 was ¥58,274,024.07, a recovery from a loss of ¥368,365,223.97 in Q1 2023[26] - The company reported a basic earnings per share of ¥0.04, recovering from a loss per share of ¥0.22 in Q1 2023[26] Cash Flow and Assets - The net cash flow from operating activities was ¥394,884,867.30, a significant increase of 197.22% year-on-year[5] - Cash flow from operating activities generated ¥394,884,867.30, a turnaround from a negative cash flow of ¥406,170,449.04 in Q1 2023[29] - The company's cash and cash equivalents as of March 31, 2024, amount to ¥6,657,547,598.54, an increase from ¥6,526,227,588.45 at the end of 2023[19] - Cash and cash equivalents in current assets totaled ¥11,016,346,629.04, down from ¥11,945,325,034.37, a decline of 7.8%[21] - The company’s cash and cash equivalents at the end of Q1 2024 stood at ¥6,645,849,022.59, an increase from ¥5,863,998,702.12 at the end of Q1 2023[30] - The total assets at the end of the reporting period were ¥48,060,609,752.13, a slight decrease of 0.20% compared to the end of the previous year[5] - The company's total assets amounted to ¥48,060,609,752.13, slightly down from ¥48,156,279,600.77 at the end of the previous period[22] - Total liabilities decreased to ¥25,853,698,686.95 from ¥26,018,114,392.43, indicating a reduction of 0.6%[21] - The equity attributable to shareholders increased to ¥21,475,957,690.11, up from ¥21,409,804,721.09, showing a growth of 0.3%[22] Research and Development - Research and development expenses totaled ¥297,716,502.67, accounting for 13.36% of operating revenue, a decrease of 9.56 percentage points from the previous year[5] - Research and development expenses increased to ¥297,716,502.67 in Q1 2024, compared to ¥249,790,931.30 in Q1 2023, reflecting a growth of 19.2%[23] - The company plans to commence small-scale production of its self-developed 40nm high-voltage OLED display driver chip in Q2 2024[6] Shareholder Information - Total number of common shareholders at the end of the reporting period is 86,102[11] - The top 10 shareholders hold a total of 1,418,000,000 shares, representing 70.00% of total shares[11] - The largest shareholder, Hefei Construction Investment Holding Group Co., Ltd., owns 468,474,592 shares, accounting for 23.35%[11] Future Plans and Strategies - The company plans to repurchase shares with a total amount not less than ¥500 million and not exceeding ¥1 billion, at a price not exceeding ¥25.26 per share[17] - The repurchase period is set for 12 months from the approval date by the shareholders' meeting[17] - The company plans to expand its market presence and invest in new technologies, although detailed strategies were not specified in the report[23] Financial Reporting and Compliance - The company has adopted new accounting standards starting from 2024, which may affect the financial statements for the year[31] - The financial report is presented by the company's leadership team, including the head of accounting and the accounting institution head[31] - The announcement was made on April 29, 2024, indicating the company's commitment to transparency in financial reporting[31] - The report does not specify any financial performance metrics or user data for the first quarter of 2024[31] - There are no details provided regarding future outlook, performance guidance, new product development, or market expansion strategies[31] - The document does not mention any mergers or acquisitions planned by the company[31] - No specific revenue figures or percentage changes are included in the report[31] - The company has not disclosed any new strategies or technological advancements in this report[31] - The report is structured to comply with the latest accounting regulations, ensuring accuracy in financial reporting[31] - The document serves as a formal announcement from the board of directors of Hefei Jinghe Integrated Circuit Co., Ltd.[31]