冠石科技(605588) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 275,572,992.10, representing a year-on-year increase of 22.67%[5] - The net profit attributable to shareholders decreased by 37.46% to CNY 10,457,103.76, primarily due to a decline in gross profit and increased project investments[6] - The basic earnings per share (EPS) fell by 39.13% to CNY 0.14, reflecting the decrease in net profit attributable to the parent company[6] - The net profit for Q1 2024 was CNY 10,457,103.76, a decrease of 37.5% compared to CNY 16,720,088.73 in Q1 2023[18] - Total revenue from operating activities was CNY 372,026,462.23, an increase of 10.8% from CNY 335,753,633.98 in the same period last year[20] - The company reported a total comprehensive income of CNY 10,467,216.32, down from CNY 16,630,835.34 in the previous year[19] - Basic and diluted earnings per share were both CNY 0.14, compared to CNY 0.23 in Q1 2023, reflecting a decline of 39.1%[19] Cash Flow and Investments - The net cash flow from operating activities surged by 468.43% to CNY 40,396,663.62, attributed to increased sales revenue compared to the same period last year[7] - The cash flow from operating activities showed a net increase of CNY 40,396,663.62, significantly up from CNY 7,106,648.36 in Q1 2023[21] - Investment activities resulted in a net cash outflow of CNY 265,550,329.94, compared to a net outflow of CNY 116,054,433.89 in Q1 2023[21] - The financing activities generated a net cash inflow of CNY 298,445,876.38, a significant increase from CNY 95,185,858.66 in the same quarter last year[22] - The company received CNY 350,000,000.00 from borrowings, up from CNY 121,500,000.00 in Q1 2023, indicating a strong reliance on debt financing[21] Assets and Liabilities - Total assets at the end of Q1 2024 reached CNY 2,115,260,760.51, a 22.29% increase from the end of the previous year[6] - Current assets totaled ¥1,249,685,798.68 as of March 31, 2024, compared to ¥978,997,433.41 at the end of 2023, representing a 27.6% increase[14] - Current liabilities increased to ¥783,203,303.47 in Q1 2024 from ¥543,017,860.73 in Q1 2023, reflecting a growth of 44.3%[15] - The total equity attributable to shareholders increased to ¥1,066,266,044.31 as of March 31, 2024, compared to ¥1,053,679,569.49 at the end of 2023, reflecting a growth of 1.2%[15] - Cash and cash equivalents at the end of Q1 2024 totaled CNY 464,148,829.38, an increase from CNY 410,080,582.50 at the end of Q1 2023[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 18,167[9] - The largest shareholder, Zhang Jianwei, holds 62.27% of the shares, totaling 45,833,333 shares[9] Research and Development - Research and development expenses increased to ¥10,050,644.31 in Q1 2024, compared to ¥8,301,474.77 in Q1 2023, marking a rise of 21.1%[17] - The company did not report any new product developments or market expansion strategies during this quarter[11] Other Financial Metrics - Non-recurring gains and losses amounted to CNY 1,595,041.77, with significant contributions from government subsidies and fair value changes of financial assets[6] - The weighted average return on equity (ROE) decreased by 0.66 percentage points to 0.99%[6] - The company incurred credit impairment losses of CNY 268,758.78, down from CNY 515,321.77 in the previous year[18] - The cash and cash equivalents stood at ¥470,025,572.50 as of March 31, 2024, compared to ¥415,378,552.22 at the end of 2023, showing an increase of 13.1%[14] - The company reported a significant increase in accounts receivable, which rose to ¥271,283,218.26 in Q1 2024 from ¥252,094,510.30 in Q4 2023, indicating a growth of 7.6%[14]