佰维存储(688525) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 reached RMB 172,664.23 million, representing a year-on-year increase of 305.80%[6] - Net profit attributable to shareholders was RMB 16,756.23 million, up 232.97% compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses was RMB 16,496.20 million, reflecting a growth of 227.76% year-on-year[6] - Basic earnings per share were RMB 0.39, representing a year-on-year increase of 218.18%[9] - The company reported a significant increase in sales volume and deepened cooperation with first-tier domestic and international clients, contributing to the overall performance growth[10] - Total operating revenue for Q1 2024 reached ¥1,726,642,291.89, a significant increase from ¥425,491,095.16 in Q1 2023, representing a growth of approximately 306%[38] - Net profit for Q1 2024 was ¥157,072,617.09, a turnaround from a net loss of ¥126,015,215.24 in Q1 2023[41] - The company reported an operating profit of ¥189,229,798.75 for Q1 2024, compared to an operating loss of ¥138,699,902.15 in the same period last year[41] - The company’s total comprehensive income for Q1 2024 was ¥156,701,319.35, compared to a loss of ¥126,530,823.90 in the same quarter last year[41] Cash Flow and Assets - The net cash flow from operating activities amounted to RMB 50,616.25 million, an increase of 178.30% year-on-year[6] - The company’s cash and cash equivalents reached CNY 674.29 million, up from CNY 339.27 million, indicating a significant increase of approximately 98.67%[28] - In Q1 2024, the company generated a net cash flow from operating activities of ¥506,162,485.73, compared to a negative cash flow of ¥646,446,720.36 in Q1 2023[44] - The total cash inflow from operating activities was ¥2,130,280,114.69, significantly higher than ¥668,492,531.84 in the same period last year[44] - The company reported cash outflows from operating activities totaling ¥1,624,117,628.96, compared to ¥1,314,939,252.20 in Q1 2023[44] - The cash balance at the end of Q1 2024 was ¥457,748,285.16, down from ¥857,292,356.60 at the end of Q1 2023[46] Research and Development - Research and development expenses totaled RMB 9,770.75 million, a significant increase of 217.62% compared to the previous year[10] - Research and development expenses increased to ¥97,707,500.94 in Q1 2024, up from ¥30,762,097.63 in Q1 2023, reflecting a growth of approximately 217%[38] Assets and Liabilities - Total assets at the end of the reporting period were RMB 646,475.10 million, a 2.09% increase from the end of the previous year[9] - As of March 31, 2024, the company's total assets amounted to approximately CNY 6.46 billion, an increase from CNY 6.33 billion as of December 31, 2023, reflecting a growth of about 2.07%[28] - Total liabilities amounted to ¥4,321,586,425.50, slightly down from ¥4,411,278,181.93 in the previous period[38] - Current liabilities totaled CNY 3.75 billion, down from CNY 3.90 billion, indicating a decrease of about 3.87%[32] - The company reported a short-term loan balance of CNY 2.70 billion, a decrease from CNY 2.80 billion, reflecting a reduction of approximately 2.86%[32] - Non-current assets totaled CNY 1.43 billion, slightly down from CNY 1.45 billion, indicating a decrease of about 0.75%[32] Shareholder and Market Activity - The company has not reported any changes in major shareholders or significant shareholding activities during the reporting period[25] - There are no new product launches or technological developments mentioned in the current report[25] - The company has not provided specific future guidance or market expansion strategies in the current report[25]