华锐精密(688059) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 170,222,225.35, representing a year-on-year increase of 13.24%[4] - The net profit attributable to shareholders decreased by 28.69% to CNY 17,190,764.97 compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was CNY 16,480,800.58, down 26.06% year-on-year[4] - The basic earnings per share decreased by 28.97% to CNY 0.28[4] - The weighted average return on equity was 1.36%, a decrease of 0.78 percentage points[4] - Total revenue for Q1 2024 reached ¥170,222,225.35, an increase of 13.0% compared to ¥150,321,190.08 in Q1 2023[15] - Net profit for Q1 2024 was ¥17,190,764.97, a decrease of 28.8% from ¥24,108,277.75 in Q1 2023[16] - Basic and diluted earnings per share for Q1 2024 were both ¥0.28, down from ¥0.39 in Q1 2023[17] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -35,110,715.18, indicating a significant cash outflow[4] - Cash flow from operating activities in Q1 2024 was negative at -¥35,110,715.18, compared to -¥953,916.85 in Q1 2023[20] - Cash and cash equivalents at the end of Q1 2024 totaled ¥61,294,332.48, down from ¥153,624,466.04 at the end of Q1 2023[20] - The ending balance of cash and cash equivalents decreased to 61,234,072.08 RMB in Q1 2024 from 153,624,466.04 RMB in Q1 2023, a decline of 60%[27] - The total cash inflow from operating activities was significantly lower, reflecting challenges in revenue generation and operational efficiency[26] Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,365,668,542.42, an increase of 7.02% from the end of the previous year[5] - The company's total assets amounted to RMB 2,365,668,542.42, an increase from RMB 2,210,392,397.43 at the end of 2023, reflecting a growth of approximately 7.03%[12] - Total liabilities reached RMB 1,085,998,981.04, compared to RMB 953,954,242.38 at the end of 2023, reflecting an increase of about 13.8%[13] - The company's total liabilities increased to CNY 1,082,853,707.85, compared to CNY 948,830,486.76 at the end of 2023, marking a rise of 14.1%[22] - The company's total equity as of March 31, 2024, was RMB 1,279,669,561.38, up from RMB 1,256,438,155.05, showing a growth of about 1.8%[13] - The total equity of the company as of March 31, 2024, was CNY 1,280,346,707.17, compared to CNY 1,256,903,253.40 at the end of 2023, showing a growth of 1.9%[23] Research and Development - Research and development expenses totaled CNY 14,659,922.79, accounting for 8.61% of revenue, a decrease of 0.20 percentage points[5] - Research and development expenses for Q1 2024 were ¥14,659,922.79, an increase of 10.7% from ¥13,246,504.85 in Q1 2023[16] - Research and development expenses for Q1 2024 were CNY 14,659,922.79, up from CNY 13,246,504.85 in Q1 2023, indicating a focus on innovation[24] Market and Strategic Focus - The company reported non-recurring gains of CNY 709,964.39, primarily from government subsidies and other non-operating income[7] - The company is focusing on expanding its market presence and enhancing its product offerings, with ongoing investments in new technologies and product development[14]