金辰股份(603396) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 652,009,020.86, representing a year-on-year increase of 26.45%[5] - The net profit attributable to shareholders for the same period was CNY 31,715,417.92, reflecting a growth of 21.58% compared to the previous year[5] - The basic earnings per share for Q1 2024 was CNY 0.24, up by 9.09% year-on-year[5] - Total operating revenue for Q1 2024 reached ¥652,009,020.86, a 26.4% increase from ¥515,609,609.52 in Q1 2023[21] - Net profit for Q1 2024 was ¥34,683,139.48, representing a 37.2% increase compared to ¥25,282,444.57 in Q1 2023[22] - Operating profit for Q1 2024 was ¥46,046,107.06, a 45.5% increase from ¥31,661,518.57 in Q1 2023[22] - The company reported a total profit of ¥45,998,733.08 for Q1 2024, up from ¥31,717,432.75 in Q1 2023[22] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -41,103,920.99, a significant decrease of 338.68% year-on-year[5] - Cash received from sales and services in Q1 2024 was ¥664,466,532.60, up 40.2% from ¥473,672,908.64 in Q1 2023[25] - Cash inflow from operating activities amounted to $708.7 million, up from $501.1 million in the previous year[26] - The company reported a total cash outflow of $749.8 million from operating activities, up from $483.9 million in the previous year[26] - Cash and cash equivalents were reported at RMB 904,071,098.57, significantly higher than RMB 430,611,451.47 from the previous period, representing a growth of approximately 109.0%[15] - Cash and cash equivalents at the end of the period totaled $804.9 million, compared to $375.9 million at the end of the previous year[27] Assets and Liabilities - Total assets at the end of Q1 2024 reached CNY 6,353,671,904.60, an increase of 13.53% from the end of the previous year[6] - The total current assets reached RMB 5,636,963,603.07, up from RMB 4,900,386,307.92, indicating an increase of about 15.0%[16] - The total non-current assets amounted to RMB 716,708,301.53, a slight increase from RMB 695,920,111.41, reflecting a growth of about 3.4%[17] - The total liabilities decreased to RMB 3,758,903,837.36 from RMB 4,019,283,312.26, indicating a reduction of approximately 6.5%[17] - Total current liabilities were RMB 3,601,341,898.31, down from RMB 3,893,972,186.06, indicating a decrease of about 7.5%[17] Equity and Shareholder Information - Shareholders' equity attributable to the parent company increased by 66.34% to CNY 2,543,608,532.60[6] - The company's total equity increased to ¥2,594,768,067.24 in Q1 2024, compared to ¥1,577,023,107.07 in Q1 2023[18] - The company reported a total equity of RMB 2,594,768,067.24, which is an increase from RMB 1,577,023,107.07, reflecting a growth of approximately 64.5%[17] Operating Costs and Expenses - The company's operating costs rose by 37.57% due to the growth in the photovoltaic equipment business[9] - Total operating costs for Q1 2024 were ¥600,022,451.46, up 26.8% from ¥472,957,369.21 in Q1 2023[21] - Research and development expenses for Q1 2024 were ¥39,578,293.37, compared to ¥36,259,168.76 in Q1 2023[22] Financing Activities - The company issued shares to specific investors, resulting in a 109.95% increase in cash and cash equivalents[8] - Total cash inflow from financing activities reached $1.15 billion, significantly up from $134.8 million year-over-year[27] - The company received $983.2 million from investment activities, a substantial increase from $4.8 million year-over-year[27] Other Financial Metrics - The company reported a one-time gain of CNY 5,039,189.68 from debt restructuring during the quarter[7] - The financial expenses decreased by 105.96%, primarily due to foreign exchange gains from USD fluctuations[9] - The impact of exchange rate changes on cash and cash equivalents was $3.3 million, compared to -$3.6 million last year[27]