Financial Performance - The company's operating revenue for Q1 2024 was ¥998,567,669.33, representing a year-on-year increase of 4.65%[5] - The net profit attributable to shareholders was ¥63,325,205.83, reflecting a significant increase of 34.17% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥65,492,133.18, up by 41.05% year-on-year[5] - The basic earnings per share (EPS) for the period was ¥0.45, an increase of 36.36% from the previous year[5] - Total revenue for Q1 2024 reached ¥998,567,669.33, an increase of 4.3% compared to ¥954,207,755.17 in Q1 2023[19] - Net profit for Q1 2024 was ¥67,979,942.12, representing a 35.6% increase from ¥50,177,792.92 in Q1 2023[20] - Operating profit for Q1 2024 was ¥80,831,789.12, compared to ¥64,278,329.54 in Q1 2023, marking a growth of 25.8%[20] - Basic and diluted earnings per share for Q1 2024 were both CNY 0.45, up from CNY 0.33 in Q1 2023, reflecting a growth of 36.4%[21] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥6,520,229,903.47, a 2.50% increase from the end of the previous year[6] - The total assets as of Q1 2024 amounted to ¥6,520,229,903.47, an increase from ¥6,361,104,730.73 in Q1 2023[17] - Total liabilities for Q1 2024 were ¥3,974,266,578.38, compared to ¥3,859,207,228.36 in Q1 2023, indicating a rise of 3.0%[17] - The company's equity attributable to shareholders increased to ¥2,464,199,067.86 in Q1 2024 from ¥2,411,160,777.42 in Q1 2023[17] Cash Flow - The net cash flow from operating activities was negative at -¥46,598,003.26, indicating a significant cash outflow[5] - Cash inflow from operating activities in Q1 2024 was CNY 890,433,986.36, compared to CNY 801,465,442.44 in Q1 2023, indicating an increase of about 11.1%[23] - Cash outflow from operating activities totaled CNY 937,031,989.62 in Q1 2024, compared to CNY 838,487,955.34 in Q1 2023, resulting in a net cash flow from operating activities of -CNY 46,598,003.26[23] - Cash inflow from investment activities was CNY 35,187,223.92 in Q1 2024, down from CNY 146,650,822.44 in Q1 2023, a decrease of approximately 76.0%[24] - Cash outflow from investment activities increased to CNY 199,660,529.57 in Q1 2024 from CNY 145,195,390.42 in Q1 2023, marking an increase of about 37.5%[24] - Net cash flow from financing activities was CNY 76,241,510.20 in Q1 2024, compared to CNY 47,413,640.34 in Q1 2023, reflecting a growth of approximately 60.8%[24] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 15,857[10] - The largest shareholder, Hu Zhen, holds 31,697,042 shares, accounting for 22.32% of the total shares, with 22,000,000 shares pledged[10] Inventory and Receivables - The company's inventory increased to RMB 1,347,195,460.88 from RMB 1,209,050,645.40, reflecting a growth of about 11.4%[15] - The accounts receivable stood at RMB 707,069,691.17, slightly up from RMB 701,915,448.54, indicating a marginal increase of around 0.7%[15] - The total amount of receivables financing increased significantly to RMB 254,632,311.52 from RMB 117,355,236.44, showing a growth of about 116.7%[15] - The company's other receivables increased to RMB 110,266,010.11 from RMB 90,960,873.52, which is an increase of approximately 21.1%[15] Research and Development - Research and development expenses increased to ¥33,023,908.29 in Q1 2024, up from ¥24,686,866.06 in Q1 2023, reflecting a growth of 33.8%[19]
振江股份(603507) - 2024 Q1 - 季度财报