Financial Performance - The company's revenue for Q1 2024 was CNY 357,745,064.32, representing a 1.78% increase compared to CNY 351,488,572.39 in the same period last year[5] - Net profit attributable to shareholders decreased by 6.08% to CNY 21,244,988.38 from CNY 22,621,348.02 year-on-year[5] - The net profit excluding non-recurring gains and losses rose by 50.56% to CNY 28,179,099.30 compared to CNY 18,715,798.76 in the same period last year[5] - Basic and diluted earnings per share decreased by 9.52% to CNY 0.19 from CNY 0.21 year-on-year[5] - Total operating revenue for Q1 2024 was CNY 357,745,064.32, an increase of 1.8% compared to CNY 351,488,572.39 in Q1 2023[18] - Total operating costs decreased to CNY 325,798,329.83 from CNY 330,089,656.85, reflecting a reduction of 1.0%[18] - Net profit for Q1 2024 was CNY 21,161,304.97, slightly up from CNY 21,120,611.39 in the same period last year[19] - Earnings per share (EPS) for Q1 2024 was CNY 0.19, compared to CNY 0.21 in Q1 2023[20] Cash Flow and Liquidity - The net cash flow from operating activities significantly improved to CNY 32,581,376.43, a 302.25% increase from a negative CNY 16,109,215.31 in the previous year[10] - The net cash flow from operating activities for Q1 2024 was ¥32,581,376.43, a significant improvement compared to a net outflow of ¥16,109,215.31 in Q1 2023[23] - Total cash inflow from operating activities reached ¥303,243,586.41, while cash outflow was ¥270,662,209.98, resulting in a net increase of ¥32,581,376.43[23] - Cash flow from operating activities increased to CNY 233,758,604.02 from CNY 222,792,049.50, marking an increase of 4.3%[22] - The total cash and cash equivalents at the end of Q1 2024 amounted to ¥410,217,496.95, down from ¥421,018,691.16 at the end of Q1 2023[23] Assets and Liabilities - The company's total assets increased by 11.78% to CNY 1,512,346,599.33 from CNY 1,352,936,118.26 at the end of the previous year[5] - The company’s total liabilities increased to CNY 402,562,022.72 from CNY 262,428,350.04, representing a significant rise of 53.4%[19] - The company’s total non-current assets decreased slightly to ¥498,939,995.90 from ¥501,051,337.61, indicating a decline of about 0.4%[16] - The company’s total liabilities include accounts payable of ¥97,431,025.96, which increased from ¥79,132,600.27, showing a rise of approximately 23.1%[16] Shareholder Information - Total number of common shareholders at the end of the reporting period is 10,978[12] - The largest shareholder, Linghai Zhengte Investment Co., Ltd., holds 53.24% of shares, totaling 58,565,250 shares[12] Other Financial Metrics - The company reported a significant decrease in financial expenses, which amounted to CNY -2,004,002.57, a 152.05% increase compared to CNY 3,850,038.73 in the previous year[9] - Other comprehensive income after tax was CNY -1,874,147.94, indicating a decline compared to the previous period[20] - The company received tax refunds totaling ¥21,335,459.63, an increase from ¥15,730,444.72 in the previous year[23] - Research and development expenses rose to CNY 12,089,273.33, up from CNY 11,384,708.32, indicating a growth of 6.2%[19] Inventory and Receivables - The company reported a significant increase in prepayments for raw materials, which rose by 293.89% to CNY 40,219,775.82 from CNY 10,210,817.74[9] - The company experienced a 106.38% increase in accounts receivable, reaching CNY 206,565,572.22 compared to CNY 100,089,498.01 in the previous year[9] - Accounts receivable rose to ¥206,565,572.22 from ¥100,089,498.01, indicating a significant increase of about 106.5%[15] - Inventory increased to ¥293,327,815.50 from ¥286,234,228.88, reflecting a growth of approximately 2.5%[16] Investment Activities - Cash flow from investing activities showed a net outflow of ¥25,323,893.17, compared to a net outflow of ¥10,579,330.40 in the same period last year[23] - The company did not report any cash inflow from investment activities related to the recovery of investments in Q1 2024[23] Audit Status - The company’s first quarter report was not audited, indicating that the figures are preliminary and subject to change[24]
浙江正特(001238) - 2024 Q1 - 季度财报