远东传动(002406) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥315,143,112.49, representing a 6.28% increase compared to ¥296,527,096.77 in the same period last year[4] - Net profit attributable to shareholders was ¥25,431,095.91, a significant increase of 48.53% from ¥17,121,739.50 year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥15,644,056.47, up 49.34% from ¥10,475,383.32 in the previous year[4] - Total operating revenue for Q1 2024 was CNY 315,143,112.49, an increase of 6.5% compared to CNY 296,527,096.77 in the same period last year[14] - Net profit attributable to the parent company increased to CNY 31,338,497.58, compared to CNY 16,307,256.44 in Q1 2023, marking a growth of 92.4%[14] - The net profit for Q1 2024 was CNY 25,353,942.97, an increase of 47.9% compared to CNY 17,135,093.57 in Q1 2023[15] - Operating profit for Q1 2024 reached CNY 33,052,693.41, up from CNY 21,395,779.03 in the same period last year, reflecting a growth of 54.7%[15] - The profit before tax for Q1 2024 was CNY 33,240,476.23, up from CNY 21,418,967.06 in Q1 2023, indicating a growth of 55.1%[15] Assets and Liabilities - The company's total assets decreased by 1.52% to ¥4,738,017,990.04 from ¥4,811,188,306.76 at the end of the previous year[4] - Total assets decreased to CNY 4,738,017,990.04 from CNY 4,811,188,306.76, a decline of 1.5%[13] - Total liabilities decreased to CNY 698,613,039.35 from CNY 797,137,299.04, a reduction of 12.4%[13] - The company's equity attributable to shareholders increased to CNY 4,006,315,925.76 from CNY 3,980,884,829.85, an increase of 0.6%[13] Cash Flow - Cash flow from operating activities showed an improvement, with a net outflow of ¥49,942,197.01, which is 8.46% less than the outflow of ¥54,558,175.69 in the same period last year[4] - Cash flow from operating activities showed a net outflow of CNY 49,942,197.01, an improvement from the outflow of CNY 54,558,175.69 in Q1 2023[18] - The company reported cash inflows from investment activities of CNY 506,178,151.13, compared to CNY 301,865,525.68 in Q1 2023[18] Investment and Subsidies - The company reported a significant increase in investment income, which rose by 2522.84% due to accrued interest on large certificates of deposit[7] - The company received government subsidies amounting to ¥4,821,646.01, which are closely related to its regular business operations[5] - The company reported a 91.51% increase in net cash flow from investing activities, primarily due to reduced cash payments for fixed asset purchases[7] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 75,982, with the largest shareholder holding 21.39% of the shares[8] Operating Costs and Expenses - Total operating costs for Q1 2024 were CNY 283,804,614.91, up from CNY 280,219,840.33, reflecting a slight increase of 1.4%[14] - The company incurred total operating expenses of CNY 387,054,868.43 in Q1 2024, compared to CNY 273,351,833.37 in Q1 2023[18] Research and Development - Research and development expenses for Q1 2024 were CNY 17,447,367.83, slightly up from CNY 17,202,772.17, indicating a focus on innovation[14] Cash and Inventory - Cash and cash equivalents decreased to CNY 591,951,163.39 from CNY 646,903,721.15, a decline of 8.5%[12] - Accounts receivable decreased to CNY 443,308,579.17 from CNY 452,494,972.89, a reduction of 2.0%[12] - Inventory increased to CNY 528,915,633.02 from CNY 486,975,939.76, reflecting an increase of 8.6%[12] Earnings Per Share - The basic and diluted earnings per share remained stable at CNY 0.03 for both Q1 2024 and Q1 2023[15] Market Activity - The company did not report any significant new product launches or market expansions during this quarter[20]