祥鑫科技(002965) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥1,571,388,228.30, representing a 36.81% increase compared to ¥1,148,601,190.53 in the same period last year[4] - Net profit attributable to shareholders was ¥121,242,623.69, up 47.76% from ¥82,051,234.88 year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥118,181,762.00, reflecting a 48.94% increase compared to ¥79,346,188.43 in the previous year[4] - The basic earnings per share increased to ¥0.6802, a rise of 47.77% from ¥0.4603 in the same period last year[4] - Net profit for Q1 2024 was ¥121,830,389.96, representing a 48% increase from ¥82,493,652.76 in Q1 2023[25] - Earnings per share for Q1 2024 were ¥0.6802, compared to ¥0.4603 in Q1 2023[26] Cash Flow - The net cash flow from operating activities was negative at -¥89,813,517.47, a significant decrease of 199.25% compared to ¥90,492,286.57 in the previous year[4] - Cash inflow from operating activities was ¥1,385,819,318.50, an increase of 11.80% compared to ¥1,239,558,144.27 in the previous year[13] - Cash outflow from operating activities rose by 28.42% to ¥1,475,632,835.97, attributed to increased material and salary payments due to expanded sales[13] - Operating cash inflow for the first quarter of 2024 was CNY 1,385,819,318.50, an increase of 11.8% from CNY 1,239,558,144.27 in the previous period[29] - Net cash outflow from operating activities was CNY -89,813,517.47, compared to a net inflow of CNY 90,492,286.57 in the same period last year[29] - Total cash outflow for operating activities was CNY 1,475,632,835.97, an increase of 26.5% from CNY 1,149,065,857.70 in the previous year[29] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,523,483,272.23, down 1.52% from ¥6,624,389,934.93 at the end of the previous year[4] - Total liabilities decreased to ¥3,287,175,706.89 in Q1 2024 from ¥3,514,623,874.07 in Q1 2023[22] - The total current assets as of March 31, 2024, amount to 4,672,146,447.31 RMB, a decrease from 4,774,199,266.52 RMB at the beginning of the period[20] - Accounts receivable decreased from 1,752,381,023.26 RMB to 1,636,175,305.90 RMB during the reporting period[20] - Inventory decreased from 1,569,716,631.06 RMB to 1,504,112,909.31 RMB[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 31,534[15] - The largest shareholder, Chen Rong, holds 21.43% of the shares, totaling 38,200,000 shares[15] - The top ten shareholders hold a significant portion of the shares, with the top two shareholders (Chen Rong and Xie Xiangwa) holding a combined 37.87%[15] - The company completed a private placement of 26 million shares in April 2024, increasing the total share capital from 178,241,638 to 204,241,638 shares[18] - The company has implemented a stock repurchase plan, resulting in a reduction of total shares from 178,250,038 to 178,241,638 due to the cancellation of 8,400 shares[17] Operating Costs and Expenses - The company reported a 40.80% increase in operating costs, amounting to ¥1,317,824,892.32, due to expanded sales scale[11] - Total operating costs for Q1 2024 were ¥1,440,882,094.70, up 36% from ¥1,059,164,111.80 in the same period last year[25] - Research and development expenses for Q1 2024 were ¥49,678,720.92, slightly up from ¥49,000,863.31 in Q1 2023, indicating continued investment in innovation[25] - The company reported a decrease in financial expenses, with total financial costs at ¥3,758,003.28 compared to ¥5,393,534.28 in the previous year[25] Strategic Initiatives - The company is focusing on market expansion and new product development as part of its strategic initiatives for future growth[27] - The company's cash flow from operating activities showed improvement, contributing positively to the overall financial health[27] Investment Activities - Investment cash inflow totaled CNY 424,965,871.67, down 36.5% from CNY 669,159,105.21 in the previous period[29] - Net cash flow from investment activities was CNY 67,525,209.69, a significant improvement from a net outflow of CNY -149,976,351.99 in the previous year[29] Financing Activities - Cash inflow from financing activities was CNY 46,433,830.00, down 40.6% from CNY 78,150,000.00 in the previous period[30] - Net cash flow from financing activities was CNY 10,144,350.03, a decrease of 23.8% compared to CNY 13,329,181.93 in the same period last year[30] Audit Status - The company has not undergone an audit for the first quarter report[31]