科华控股(603161) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 619,603,873.18, representing a year-on-year increase of 5.73%[6] - The net profit attributable to shareholders for Q1 2024 was CNY 43,267,321.89, reflecting a significant increase of 63.81% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 37,071,814.35, which is an increase of 105.19% year-on-year[10] - The basic earnings per share for Q1 2024 was CNY 0.32, up by 60.00% from the previous year[10] - The company reported a net profit margin improvement, with net profit figures to be detailed in subsequent reports[19] - In Q1 2024, the company reported a net profit of CNY 43,003,081.07, a significant increase from CNY 26,318,582.91 in Q1 2023, representing a growth of approximately 63.3%[20] - The company's operating profit for Q1 2024 was CNY 48,738,059.45, compared to CNY 28,069,450.41 in Q1 2023, reflecting an increase of approximately 73.6%[20] - Total comprehensive income for Q1 2024 was CNY 42,998,295.86, compared to CNY 26,319,861.09 in Q1 2023, representing a growth of approximately 63.5%[21] - The net profit for Q1 2024 was CNY 52,400,433.72, up from CNY 33,491,656.80 in Q1 2023, reflecting a significant improvement in profitability[29] - The net profit for Q1 2024 was CNY 46,206,056.44, an increase of 51% compared to CNY 30,538,775.03 in Q1 2023[30] Assets and Liabilities - The total assets at the end of Q1 2024 were CNY 3,377,040,326.17, a decrease of 4.97% compared to the end of the previous year[7] - Current assets as of March 31, 2024, totaled ¥1,633,308,194.61, a decrease of 7.2% from ¥1,760,351,675.22 on December 31, 2023[16] - Total liabilities as of March 31, 2024, were ¥1,957,495,091.97, down from ¥2,158,109,336.64 at the end of 2023, representing a decrease of 9.3%[17] - The total assets as of March 31, 2024, were CNY 3,301,793,372.01, down from CNY 3,473,959,386.97 at the end of 2023, representing a decrease of 4.9%[26] - The total liabilities decreased to CNY 1,859,505,273.71 from CNY 2,058,581,868.59, a reduction of 9.7%[26] - Shareholders' equity increased to ¥1,419,545,234.20 from ¥1,395,520,275.85, reflecting a growth of 1.7%[17] - The company's total equity increased to CNY 1,442,288,098.30 from CNY 1,415,377,518.38, reflecting a growth of 1.9%[27] Cash Flow - The net cash flow from operating activities for Q1 2024 was CNY 114,244,062.81, showing a year-on-year increase of 4.20%[6] - The company experienced a net cash inflow from operating activities of CNY 114,244,062.81, slightly up from CNY 109,637,531.03 in the previous year, an increase of about 4.6%[24] - Cash and cash equivalents at the end of Q1 2024 totaled CNY 259,030,997.07, compared to CNY 175,674,270.08 at the end of Q1 2023, indicating a year-over-year increase of 47.5%[25] - The cash and cash equivalents at the end of Q1 2024 stood at CNY 232,998,645.80, compared to CNY 153,980,052.25 at the end of Q1 2023, reflecting a significant increase[32] - The cash outflow for purchasing goods and services was CNY 296,858,968.67, down 30% from CNY 421,767,258.34 in Q1 2023[31] - Cash flow from financing activities showed a net outflow of CNY 115,122,080.46, worsening from a net outflow of CNY 39,718,284.58 in the previous year[24] - The company reported a cash inflow from financing activities of CNY 174,185,350.00, down from CNY 204,072,916.00 in Q1 2023[32] - The cash outflow for repaying debts was CNY 199,456,473.63, an increase from CNY 180,206,908.63 in the previous year[32] Cost Management and Efficiency - The company reported a significant reduction in financial expenses, contributing to the increase in net profit, particularly due to decreased exchange losses and interest expenses[9] - The company continues to implement cost reduction and efficiency improvement measures, achieving notable results during the reporting period[9] - Research and development expenses decreased to CNY 19,130,050.23 from CNY 21,456,168.17, a reduction of about 10.8% year-over-year[20] - Research and development expenses for Q1 2024 were CNY 17,009,464.29, down 11.9% from CNY 19,300,177.32 in Q1 2023[29] - The company's financial expenses decreased significantly to CNY 10,159,039.76 from CNY 34,037,539.67, a reduction of about 70%[20] - The financial expenses for Q1 2024 were CNY 9,010,932.35, significantly lower than CNY 33,043,908.81 in Q1 2023, indicating improved cost management[29] Market Demand and Revenue Growth - The company has seen a steady increase in customer demand, especially in the new energy vehicle sector, which has driven incremental revenue growth[9] - Total operating revenue for Q1 2024 reached ¥619,603,873.18, an increase of 5.3% compared to ¥586,008,702.94 in Q1 2023[19] - Total operating costs for Q1 2024 were ¥566,258,992.12, up from ¥549,397,021.88 in Q1 2023, reflecting a year-over-year increase of 3.9%[19] - The total revenue from operating activities was CNY 547,718,993.09, down from CNY 703,297,719.84 in the same period last year, indicating a decrease of about 22.1%[24] - Total revenue from sales and services received was CNY 489,140,206.77, a decrease of 16% from CNY 581,901,997.45 in Q1 2023[31]