IRAY TECHNOLOGY(SH:688301)2024-04-29 10:18Financial Performance - The company's operating revenue for Q1 2024 was ¥490,911,525.92, representing an increase of 11.48% compared to the same period last year[4] - The net profit attributable to shareholders for Q1 2024 was ¥139,287,790.89, reflecting a growth of 1.88% year-over-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥155,573,268.23, which is an increase of 6.00% compared to the previous year[4] - Total operating revenue for Q1 2024 reached ¥490,911,525.92, an increase of 11.5% compared to ¥440,366,786.18 in Q1 2023[18] - The total profit for Q1 2024 is approximately ¥154.16 million, compared to ¥148.71 million in Q1 2023, representing an increase of about 3.0%[19] - The net profit for Q1 2024 is approximately ¥137.16 million, up from ¥134.98 million in Q1 2023, reflecting a growth of about 1.6%[19] - The basic earnings per share for Q1 2024 is ¥1.37, compared to ¥1.34 in Q1 2023, indicating an increase of approximately 2.2%[19] - The company reported a net profit margin improvement, with net profit for Q1 2024 showing resilience despite rising costs[18] Research and Development - The total R&D investment for Q1 2024 amounted to ¥68,541,759.76, accounting for 13.96% of operating revenue, an increase of 0.9 percentage points year-over-year[5] - R&D expenses increased to ¥68,541,759.76 in Q1 2024, compared to ¥57,527,080.59 in Q1 2023, reflecting a growth of 19.1%[18] Assets and Liabilities - The company's total assets at the end of Q1 2024 were ¥8,081,355,865.21, up 7.59% from the end of the previous year[5] - Total assets as of Q1 2024 amounted to ¥8,081,355,865.21, an increase from ¥7,511,348,212.00 in the previous year[16] - Total liabilities for Q1 2024 were ¥3,583,352,371.48, compared to ¥3,158,323,975.51 in Q1 2023, marking an increase of 13.4%[16] - Long-term borrowings increased significantly to ¥1,547,895,492.31 in Q1 2024 from ¥382,100,000.00 in Q1 2023[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 4,321[9] - The total number of shares held by the top 10 shareholders accounted for 66.88% of the total shares, with the largest shareholder holding 16.35%[10] - The company reported that the top shareholder, Shanghai Yiyuan He Rui Investment Consulting Co., Ltd., holds 16,681,913 shares[10] - The company has not reported any significant changes in the participation of major shareholders in margin trading and securities lending activities[12] Cash Flow - The net cash flow from operating activities was negative at -¥42,258,174.73, indicating a significant cash outflow during the quarter[4] - Cash inflow from operating activities for Q1 2024 is approximately ¥408.23 million, compared to ¥354.19 million in Q1 2023, marking an increase of about 15.3%[21] - Cash outflow from operating activities for Q1 2024 is approximately ¥450.49 million, up from ¥395.26 million in Q1 2023, which is an increase of about 14.0%[21] - The net cash flow from operating activities for Q1 2024 is approximately -¥42.26 million, slightly worse than -¥41.08 million in Q1 2023[21] - Cash inflow from financing activities for Q1 2024 is approximately ¥1.18 billion, significantly higher than ¥2.08 million in Q1 2023[23] - The net cash flow from financing activities for Q1 2024 is approximately ¥879.85 million, compared to -¥263.49 million in Q1 2023, showing a substantial improvement[23] Other Information - The company received government subsidies amounting to ¥11,455,831.87, which positively impacted its financial performance[6] - The company's inventory decreased slightly to ¥767,290,730.26 from ¥781,841,288.64, indicating a decline of approximately 1.8%[14] - Accounts receivable increased to ¥726,972,325.00 from ¥604,587,580.89, representing a growth of about 20.2%[14] - The total amount of receivables from notes increased to ¥81,207,159.21 from ¥49,852,089.98, marking a growth of approximately 62.8%[14] - The company has not disclosed any new product developments or technological advancements during the reporting period[13] - There were no significant mergers or acquisitions reported in the first quarter of 2024[13] - The company has not provided any specific guidance for future performance in the upcoming quarters[13]