Financial Performance - The company's operating revenue for Q1 2024 reached CNY 1,144,747,485.88, representing a year-on-year increase of 111.11%[5] - Net profit attributable to shareholders was CNY 55,672,172.95, reflecting a growth of 37.77% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 53,565,121.70, an increase of 32.95% year-on-year[5] - The basic earnings per share for the period was CNY 0.11, up by 10.00% year-on-year[5] - Total operating revenue for Q1 2024 reached ¥1,144,747,485.88, a significant increase of 111% compared to ¥542,240,460.06 in Q1 2023[20] - Net profit for Q1 2024 was ¥55,672,172.95, compared to ¥40,408,932.10 in Q1 2023, representing a growth of 37.7%[21] - Earnings per share for Q1 2024 were ¥0.11, slightly up from ¥0.10 in Q1 2023[21] Cash Flow - The net cash flow from operating activities was negative at CNY -537,077,196.52, primarily due to increased cash payments for raw materials and subcontracting[5][8] - In Q1 2024, cash inflow from operating activities was $837.76 million, compared to $601.38 million in Q1 2023, representing an increase of approximately 39.3%[24] - Cash outflow from operating activities in Q1 2024 was $1.37 billion, up from $869.15 million in Q1 2023, indicating a rise of about 58.2%[24] - The net cash flow from operating activities for Q1 2024 was -$537.08 million, worsening from -$267.77 million in Q1 2023[24] - Cash inflow from investment activities totaled $34,000 in Q1 2024, a significant decrease from $11.85 million in Q1 2023[25] - Cash outflow from investment activities increased to $115.53 million in Q1 2024, compared to $85.70 million in Q1 2023, marking a rise of approximately 35%[25] - The net cash flow from investment activities was -$115.49 million in Q1 2024, compared to -$73.86 million in Q1 2023[25] - Cash inflow from financing activities was $6 million in Q1 2023, while cash outflow was $51.05 million, up from $37.26 million in Q1 2023, reflecting an increase of about 37%[25] - The net cash flow from financing activities was -$51.05 million in Q1 2024, worsening from -$31.26 million in Q1 2023[25] - The overall net increase in cash and cash equivalents for Q1 2024 was -$703.53 million, compared to -$372.94 million in Q1 2023, indicating a decline of approximately 88.2%[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,871,742,939.95, a decrease of 4.07% from the end of the previous year[6] - Total assets as of the end of Q1 2024 amounted to ¥4,871,742,939.95, a decrease from ¥5,078,410,279.81 at the end of Q1 2023[18] - Total liabilities for Q1 2024 were ¥2,043,146,954.63, down from ¥2,306,827,621.23 in Q1 2023, indicating a reduction of approximately 11.4%[18] - Shareholders' equity attributable to the parent company increased by 2.06% to CNY 2,828,595,985.32 compared to the end of the previous year[6] - The total equity attributable to shareholders increased to ¥2,828,595,985.32 in Q1 2024 from ¥2,771,582,658.58 in Q1 2023, reflecting a growth of 2.1%[18] Shareholder Information - The number of shares held by the top shareholder, 柏盈柏诚投资控股（无锡）有限公司, is 260,000,000, representing 49.76% of total shares[11] - The second-largest shareholder, 过建廷, holds 100,000,000 shares, accounting for 19.14%[11] - The company has not reported any significant changes in the participation of major shareholders in margin financing and securities lending activities[13] Research and Development - The company reported a significant increase in research and development expenses, totaling ¥4,033,824.40 in Q1 2024, compared to ¥2,918,835.31 in Q1 2023, marking an increase of 38.2%[20] Other Financial Metrics - The weighted average return on net assets was 1.99%, a decrease of 1.09 percentage points compared to the previous year[5] - The company reported non-recurring gains of CNY 2,107,051.25, primarily from government subsidies and asset impairment reversals[7][8] - The company's deferred tax assets stood at ¥44,893,386.95, slightly up from ¥44,245,462.68 in the previous year[18] - The total amount of other receivables is ¥30,758,690.64, which is relatively stable compared to the previous period[16] - The company has not disclosed any new strategies or product developments in this quarter's report[14]
柏诚股份(601133) - 2024 Q1 - 季度财报