威海广泰(002111) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 567,857,786.48, representing a 19.94% increase compared to CNY 473,446,073.41 in the same period last year[6] - Net profit attributable to shareholders was CNY 49,420,414.70, a significant increase of 61.51% from CNY 30,598,111.63 year-on-year[6] - The net profit after deducting non-recurring gains and losses reached CNY 46,199,864.16, marking a 91.75% increase from CNY 24,094,009.79 in the previous year[6] - Basic earnings per share rose to CNY 0.09, up 50.00% from CNY 0.06 in the same quarter last year[6] - The company's net profit for Q1 2024 was CNY 48,906,573.47, an increase of 61.1% compared to CNY 30,355,010.44 in Q1 2023[23] - Operating profit for Q1 2024 reached CNY 56,996,162.06, up from CNY 38,699,310.56 in the same period last year, reflecting a growth of 47.2%[23] - The total comprehensive income for Q1 2024 was CNY 48,554,494.57, compared to CNY 29,031,860.44 in the same quarter last year, reflecting a growth of 67.5%[23] Assets and Liabilities - The total assets at the end of the reporting period were CNY 6,081,336,953.82, reflecting a 1.55% increase from CNY 5,988,586,371.04 at the end of the previous year[6] - Total liabilities rose to ¥2,883,169,864.18, compared to ¥2,765,012,311.24, marking an increase of 4.28%[20] - Cash and cash equivalents decreased to ¥673,123,490.87 from ¥860,162,152.90, a decline of 21.73%[20] - The company’s inventory increased to ¥1,745,965,653.58 from ¥1,705,044,852.35, reflecting a growth of 2.37%[20] Cash Flow - The net cash flow from operating activities improved to -CNY 156,862,967.80, a 15.84% improvement compared to -CNY 186,384,901.43 in the same period last year[9] - The net cash flow from financing activities decreased by 78.78% to CNY 48,449,024.17, influenced by changes in short-term borrowings and stock repurchases[10] - The net cash flow from financing activities was CNY 48,449,024.17, a decrease from CNY 228,283,117.57 in the previous year[26] - The company incurred a total cash outflow from investing activities of CNY 602,647,698.44, significantly higher than CNY 195,776,684.13 in Q1 2023[25] Orders and Market Performance - The company secured a total of 240 million RMB in domestic orders, which is a 108% increase compared to the previous year[16] - International market orders amounted to 287 million RMB, reflecting a remarkable growth of 419% year-on-year[16] - Orders for emergency rescue equipment reached 218 million RMB, marking a 183% increase, with significant breakthroughs in non-government procurement sectors[16] - The company achieved an initial export order of 18.75 million RMB for mobile medical equipment, indicating strong future market potential[16] Shareholder Information - The total number of common stock shareholders at the end of the reporting period was 29,277[12] - The company's repurchase account held 15,975,093 shares, approximately 2.99% of the total share capital at the end of the reporting period[14] Strategic Focus - The company is positioned to benefit from favorable policies related to low-altitude economy and equipment updates, enhancing its market competitiveness[17] - The company continues to focus on product quality to improve operational performance and market competitiveness[17] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[21] Research and Development - Research and development expenses for Q1 2024 were ¥31,508,361.65, slightly down from ¥32,622,884.37 in the previous year[21] Financial Ratios - The company's net profit margin improved, with net profit attributable to shareholders increasing to ¥52,045,409.57 from ¥31,534,406.21 year-on-year[21]