华光新材(688379) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥360,369,825.01, representing a 24.88% increase compared to ¥288,579,130.65 in the same period last year[5] - The net profit attributable to shareholders decreased by 6.25% to ¥7,690,827.34 from ¥8,203,541.86 year-on-year[5] - Total operating revenue for Q1 2024 reached ¥360,369,825.01, a 25% increase from ¥288,579,130.65 in Q1 2023[20] - Total operating costs for Q1 2024 were ¥354,624,564.18, up from ¥282,714,191.05 in Q1 2023, reflecting a 25% increase[20] - Net profit for Q1 2024 was ¥7,690,827.34, a decrease of 6.2% compared to ¥8,203,541.86 in Q1 2023[21] - Basic and diluted earnings per share remained stable at ¥0.09 for both Q1 2024 and Q1 2023[22] Research and Development - R&D investment totaled ¥12,671,106.17, an increase of 28.43% from ¥9,865,902.75, accounting for 3.52% of operating revenue, up by 0.10 percentage points[6] - Research and development expenses increased to ¥12,671,106.17 in Q1 2024, up from ¥9,865,902.75 in Q1 2023, representing a 28% rise[21] Cash Flow and Liquidity - The net cash flow from operating activities improved to -¥62,633,517.80, a significant reduction from -¥135,799,217.68 in the previous year[6] - Cash inflow from operating activities totaled ¥275,557,376.24 in Q1 2024, compared to ¥193,917,875.66 in Q1 2023, indicating a 42% increase[23] - Cash flow from operating activities showed a net outflow of ¥62,633,517.80 in Q1 2024, an improvement from a net outflow of ¥135,799,217.68 in Q1 2023[23] - The cash and cash equivalents decreased to RMB 110,962,841.87 from RMB 201,190,699.49, a decline of approximately 44.83%[17] - The net increase in cash and cash equivalents was -80,902,154.65, compared to -60,181,161.67 previously[25] - The ending balance of cash and cash equivalents was 110,470,027.79, up from 59,526,713.50 year-over-year[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,981,678,404.22, reflecting a 1.67% increase from ¥1,949,102,117.64 at the end of the previous year[6] - Current assets totaled RMB 1,485,257,235.38, slightly up from RMB 1,470,474,465.76, indicating a growth of about 1.19%[17] - Total liabilities reached RMB 1,037,582,243.25, compared to RMB 997,566,218.31, indicating a growth of around 4.01%[18] - The total liabilities increased to ¥1,053,298,724.48 in Q1 2024, compared to ¥1,012,743,225.62 in Q1 2023, marking a 4% rise[19] - The company reported a non-current asset total of RMB 496,421,168.84, an increase from RMB 478,627,651.88, which is a growth of about 3.67%[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 5,174[12] - The largest shareholder, Jin Limei, holds 36.76% of the shares, totaling 32,876,600 shares[12] Government Subsidies - The company recognized government subsidies amounting to ¥1,073,501.08, which are closely related to its normal business operations[9] Inventory and Receivables - Inventory increased to RMB 619,558,550.74 from RMB 530,727,330.38, representing a significant rise of approximately 16.73%[17] - Accounts receivable rose to RMB 340,736,071.65 from RMB 335,210,783.65, showing a marginal increase of about 1.57%[17] Other Financial Activities - The company reported a tax expense of ¥118,766.69 in Q1 2024, contrasting with a tax benefit of ¥-725,352.27 in Q1 2023[21] - Cash inflow from financing activities totaled 166,658,621.28, down from 271,735,291.65 year-over-year[25] - The company reported a total cash outflow from financing activities of 156,041,391.06, compared to 201,877,192.03 in the previous year[25] - The impact of exchange rate changes on cash and cash equivalents was -30,305.31, compared to -581,254.17 previously[25] Strategic Developments - There are no significant new strategies or product developments mentioned in the report for the upcoming quarters[15] - The company did not apply new accounting standards starting in 2024[25]