逸飞激光(688646) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥119,447,852.63, representing a year-on-year increase of 4.69%[3] - Net profit attributable to shareholders was ¥15,840,608.70, showing a significant increase of 82.58% compared to the same period last year[3] - The net profit after deducting non-recurring gains and losses was ¥8,741,446.26, up by 44.90% year-on-year[3] - Basic and diluted earnings per share were both ¥0.17, reflecting a growth of 41.67%[3] - Total revenue for Q1 2024 reached ¥119,447,852.63, an increase of 3.0% compared to ¥114,100,735.37 in Q1 2023[17] - The company's total profit for Q1 2024 was CNY 14,549,357.98, compared to CNY 6,407,414.19 in the same quarter last year, marking a 127% increase[18] - The operating profit for Q1 2024 was CNY 14,541,590.41, significantly higher than CNY 6,202,339.85 in the previous year, showing an increase of 134.5%[18] - The company reported a total comprehensive income of CNY 15,645,686.79 for Q1 2024, compared to CNY 8,675,946.16 in Q1 2023, reflecting an increase of 80.5%[19] Research and Development - Research and development expenses totaled ¥16,142,746.84, accounting for 13.51% of operating revenue, an increase of 1.64 percentage points[4] - Research and development expenses increased to ¥16,142,746.84 in Q1 2024, up from ¥13,539,565.05 in Q1 2023, indicating a focus on innovation[17] Cash Flow and Assets - The net cash flow from operating activities was negative at -¥55,384,878.32, which is not applicable for year-on-year comparison[3] - The company reported a net cash outflow from operating activities of CNY -55,384,878.32, slightly worse than the previous year's outflow of CNY -52,954,608.34[22] - Investment activities generated a net cash inflow of CNY 21,602,420.24, a substantial increase from CNY 245,663.93 in Q1 2023[22] - Cash and cash equivalents decreased to ¥244,195,632.77 from ¥367,627,515.91, a decline of 33.6%[14] - The cash and cash equivalents at the end of Q1 2024 were CNY 133,407,793.61, down from CNY 240,616,198.04 at the beginning of the quarter[23] Shareholder Information - The company reported a total of 6,963 common shareholders at the end of the reporting period[8] - In Q1 2024, the company repurchased a total of 1,080,005 shares, accounting for 1.13% of the total share capital of 95,162,608 shares[12] - The repurchase was conducted at a maximum price of RMB 32.46 per share and a minimum price of RMB 23.38 per share, with a total expenditure of RMB 29,975,907.61[12] - The company plans to use between RMB 60 million and RMB 120 million for share repurchase, with a price cap of RMB 48.75 per share[11] - The company held a board meeting on February 2, 2024, to approve the share repurchase plan aimed at employee stock ownership and equity incentives[11] - As of March 31, 2024, the company reported a total of 24,429,080 shares held by its largest shareholder, accounting for 25.67% of the total shares[10] - The company has a significant number of shareholders with over 5% ownership, including Wuhan Yifei Laser Co., Ltd. with 1,080,005 shares[10] - The company is focused on enhancing shareholder returns through its "quality improvement and efficiency enhancement" action plan[11] - The company has not disclosed any significant changes in the relationships among its major shareholders[10] - The company is committed to complying with any regulatory changes regarding its share repurchase plan[11] Financial Position - Total assets at the end of the reporting period were ¥2,381,811,012.97, a decrease of 3.80% from the end of the previous year[4] - Total current assets as of March 31, 2024, amounted to ¥1,938,783,798.56, compared to ¥1,843,722,880.39 at the end of 2023, representing a growth of 5.7%[15] - Total liabilities decreased to ¥730,045,073.97 from ¥810,429,547.60, a reduction of 9.9%[16] - The company's equity attributable to shareholders decreased to ¥1,651,962,690.45 from ¥1,665,485,142.70, a decline of 0.8%[17] - The weighted average return on net assets was 0.48%, a decrease of 1.03 percentage points[3] Other Financial Metrics - Non-recurring gains totaled ¥7,099,162.44 after tax adjustments[6] - The company incurred a credit impairment loss of CNY -5,962,513.67, which was higher than the loss of CNY -3,004,790.81 in Q1 2023[18] - Total operating costs for Q1 2024 were ¥106,500,930.83, slightly up from ¥106,344,459.02 in Q1 2023[17] - Operating income for Q1 2024 was ¥12,946,921.80, reflecting a growth in profitability[17] - The financial statements for Q1 2024 are unaudited, indicating a preliminary assessment of the company's financial position[13]