菲沃泰(688371) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 reached ¥92,913,492.03, representing a year-on-year increase of 60.73%[4] - The net profit attributable to shareholders was ¥5,259,774.40, with a significant improvement in profitability compared to the previous year[4] - The company reported a net profit attributable to shareholders of ¥-41,976,992.74 for Q1 2024, an improvement from ¥-47,236,767.14 in Q4 2023[21] - The net profit for Q1 2024 was ¥5,259,774.40, a significant improvement compared to a net loss of ¥10,670,029.39 in Q1 2023, marking a turnaround of approximately 149.2%[26] - The total comprehensive income attributable to the parent company was ¥5,250,995.52, a significant recovery from a loss of ¥10,739,727.48 in the previous year[26] Cash Flow and Assets - The net cash flow from operating activities was -¥13,797,072.47, indicating a decrease of 135.96% due to expansion-related cash outflows[5] - Cash flow from investment activities showed a net inflow of ¥124,017,893.07, a substantial increase from ¥3,215,541.31 in Q1 2023[30] - Cash and cash equivalents as of March 31, 2024, amounted to ¥249,617,850.28, up from ¥191,213,338.92 at the end of 2023, representing a growth of 30.5%[20] - The company reported cash and cash equivalents at the end of Q1 2024 amounting to ¥249,365,094.31, up from ¥218,896,177.96 at the end of Q1 2023[30] - Total assets at the end of the reporting period were ¥2,057,067,163.19, down 3.93% from the end of the previous year[5] - Total liabilities decreased to ¥96,824,358.01 in Q1 2024, down from ¥137,752,970.05 in Q4 2023, a reduction of 29.7%[21] - The company’s total equity as of March 31, 2024, was ¥1,960,242,805.18, down from ¥2,003,397,852.92 at the end of 2023, a decrease of 2.2%[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,177[12] - Favored Tech Corporation held 62.16% of the shares, indicating a strong ownership concentration[12] - The company’s largest shareholder, Xiamen Fina Enterprise Management Partnership, holds 16,036,800 shares of common stock[13] - The company’s second-largest shareholder, Shenzhen China Resources Capital Equity Investment Co., holds 6,123,239 shares of common stock[13] - The company’s third-largest shareholder, Qingdao Yirong United Equity Investment Management Center, holds 5,874,060 shares of common stock[13] - The company completed a share buyback of 9,386,048 shares, representing 2.80% of the total share capital, with a total expenditure of RMB 99,947,613.71[17] - The maximum buyback price was RMB 13 per share, while the minimum was RMB 8.45 per share[17] - The company approved a share buyback plan with a total fund of no less than RMB 50 million and no more than RMB 100 million, with a buyback period of 12 months[15] - As of the end of the reporting period, the top 10 shareholders did not participate in the securities lending business[14] - The company has not reported any changes in the lending of shares by the top 10 shareholders compared to the previous period[15] - The company’s user data indicates a significant increase in shareholder engagement through the employee stock ownership platform[13] Operational Metrics - Operating costs for Q1 2024 were ¥91,419,302.35, up from ¥87,979,437.85 in Q1 2023, reflecting a rise of 4.9%[25] - The company reported an operating profit of ¥5,339,694.66 for Q1 2024, a turnaround from a loss of ¥18,060,768.25 in Q1 2023[25] - Research and development expenses totaled ¥21,237,594.64, accounting for 22.86% of operating revenue, a decrease of 8.55 percentage points from the previous year[5] - Research and development expenses increased to ¥21,237,594.64 in Q1 2024, compared to ¥18,158,152.56 in Q1 2023, marking a growth of 11.4%[25] - The weighted average return on net assets was 0.27%, an increase of 0.81 percentage points year-on-year[5] - The basic and diluted earnings per share were both ¥0.02, reflecting a turnaround from negative to positive due to increased operating revenue[10] - Total revenue from operating activities decreased to ¥87,032,100.41 in Q1 2024, down 29.6% from ¥123,706,476.55 in Q1 2023[29] - The cash outflow for operating activities increased to ¥100,829,172.88 in Q1 2024, compared to ¥85,339,191.23 in Q1 2023, reflecting higher operational costs[29] Strategic Focus - The company’s strategic focus includes potential market expansion and new product development initiatives[15] - The company plans to continue investing in new technologies and market expansion strategies to drive future growth[24]