银河微电(688689) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥194,812,529.92, representing a year-on-year increase of 32.54%[5] - The net profit attributable to shareholders for the same period was ¥17,316,318.22, reflecting a growth of 46.52% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 113.22%, amounting to ¥11,227,187.41[5] - Basic and diluted earnings per share were both ¥0.13, marking an increase of 44.44%[6] - Total operating revenue for Q1 2024 reached ¥194,812,529.92, a 32.4% increase from ¥146,983,565.10 in Q1 2023[22] - Net profit for Q1 2024 was ¥17,037,013.31, representing a 44.1% increase compared to ¥11,818,147.51 in Q1 2023[23] - The company reported a profit before tax of ¥18,765,592.03 for Q1 2024, compared to ¥13,157,452.77 in Q1 2023[23] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥1,987,666,013.71, a slight decrease of 0.13% from the previous year[6] - As of March 31, 2024, the total assets amounted to RMB 1,987,666,013.71, a slight decrease from RMB 1,990,282,900.28 as of December 31, 2023[17] - The company's total non-current assets increased to RMB 473,620,419.94 from RMB 451,994,727.33, representing an increase of approximately 4.8%[18] - Total liabilities as of Q1 2024 amounted to ¥653,037,953.98, a decrease from ¥668,812,157.14 in the previous year[22] - The total liabilities included accounts payable of RMB 147,316,439.07, down from RMB 157,434,201.89, a decrease of about 6.9%[18] Cash Flow - The net cash flow from operating activities was negative at -¥2,617,400.78, a decline of 586.74% year-on-year[8] - Cash inflow from operating activities in Q1 2024 totaled ¥137,525,633.77, down from ¥155,384,330.05 in Q1 2023[25] - The company reported a total cash outflow from operating activities of $140.14 million, compared to $154.85 million in the previous year[26] - The ending balance of cash and cash equivalents was $174.63 million, down from $304.25 million at the end of the previous year[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,338[10] - The largest shareholder, Changzhou Galaxy Xingyuan Investment Co., Ltd., held 31.61% of the shares, totaling 40,747,740 shares[11] - The largest shareholder, Changzhou Galaxy Xingyuan Investment Co., Ltd., holds 31.61% of the company's shares, making it the controlling shareholder[12] - There were no changes in the top 10 shareholders or the top 10 unrestricted shareholders due to the transfer of shares[15] Research and Development - Research and development expenses totaled ¥11,780,245.37, accounting for 6.05% of operating revenue, which is a decrease of 0.38 percentage points[6] - The company has not disclosed any significant new strategies or product developments during the reporting period[16] Other Financial Metrics - The company's cash and cash equivalents decreased to RMB 182,490,178.62 from RMB 280,189,224.35, reflecting a decline of approximately 34.9%[17] - The total current assets were RMB 1,514,045,593.77, down from RMB 1,538,288,172.95, indicating a decrease of about 1.6%[17] - The company reported non-recurring gains of ¥6,089,130.81 for the period, after accounting for tax effects[8] - The company’s deferred income tax liabilities increased to ¥42,339,316.72 from ¥39,549,985.67 year-over-year[22] - The company made investments totaling $718 million during the quarter, an increase from $630 million year-over-year[26] - The company is implementing new accounting standards starting in 2024, which may affect financial reporting[27]