NCE(SH:605111)2024-04-29 08:58Financial Performance - Operating revenue for the first quarter was ¥371,682,459.54, a decrease of 0.53% year-on-year[10]. - Net profit attributable to shareholders was ¥100,066,437.26, representing a significant increase of 54.06% compared to the same period last year[10]. - Basic earnings per share were ¥0.35, up by 52.17% compared to the previous year[10]. - The weighted average return on equity increased to 2.71%, up by 0.80 percentage points[10]. - Net profit for Q1 2024 was CNY 98,857,473.34, compared to CNY 63,776,966.94 in Q1 2023, indicating an increase of approximately 54.9%[39]. - Earnings per share for Q1 2024 were CNY 0.35, up from CNY 0.23 in Q1 2023, marking a growth of about 52.2%[41]. Cash Flow - Net cash flow from operating activities was ¥70,159,081.88, showing a remarkable increase of 264.43% year-on-year[10]. - Cash inflow from operating activities totaled ¥412,768,324.79, while cash outflow was ¥342,609,242.91, resulting in a net cash flow of ¥70,159,081.88[48]. - Cash flow from financing activities showed a net inflow of ¥16,999,745.72, a recovery from a net outflow of ¥1,023,352.61 in the previous period[50]. - The net cash flow from operating activities increased to ¥70,159,081.88, compared to ¥19,251,651.94 in the previous period, reflecting a significant improvement[48]. - Cash paid for purchasing goods and services decreased to ¥258,366,498.56 from ¥311,533,680.17, indicating cost management efforts[48]. - Cash paid to employees decreased to ¥41,440,106.77 from ¥47,221,895.31, reflecting potential workforce adjustments[48]. - The company reported a decrease in cash paid for taxes to ¥36,842,308.28 from ¥40,214,626.67, suggesting improved tax efficiency[48]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥4,446,884,608.19, an increase of 2.47% compared to the end of the previous year[8]. - Total current liabilities amounted to RMB 609,483,833.57, an increase from RMB 553,369,396.05 in the previous period[28]. - Total equity attributable to shareholders reached RMB 3,677,922,037.55, up from RMB 3,642,558,105.24 in the previous period[28]. - The total liabilities amounted to RMB 681,786,296.51, an increase from RMB 608,777,027.02[28]. - The total current assets were RMB 3,613,261,136.50, slightly down from RMB 3,615,414,045.10[29]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 64,495[21]. - The largest shareholder, Zhu Yuanzheng, holds 21.73% of the shares, totaling 64,802,304 shares[21]. Operational Efficiency - The company actively adjusted its product and market structure, leading to improved overall profitability[15]. - Operating costs decreased to CNY 258,991,900.19 in Q1 2024 from CNY 297,298,261.05 in Q1 2023, reflecting a reduction of about 12.9%[39]. - Research and development expenses decreased to CNY 15,230,924.59 in Q1 2024 from CNY 27,062,216.25 in Q1 2023, a reduction of about 43.8%[39]. Non-Recurring Items - Non-recurring gains and losses totaled ¥16,527,210.91, primarily from government subsidies and fair value changes of financial assets[15].