道明光学(002632) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 316,270,206.74, representing a 6.85% increase compared to CNY 296,007,117.81 in the same period last year[5] - Net profit attributable to shareholders was CNY 45,418,231.51, a 26.47% increase from CNY 35,912,263.78 year-on-year[5] - The net profit after deducting non-recurring gains and losses was CNY 41,563,924.07, up 24.55% from CNY 33,370,798.68 in the previous year[5] - Total operating revenue for Q1 2024 reached ¥316,270,206.74, an increase from ¥296,007,117.81 in the previous period, representing a growth of approximately 6.3%[20] - Net profit for Q1 2024 was ¥45,242,487.00, compared to ¥35,933,622.37 in the same period last year, reflecting a growth of approximately 25.6%[22] - Basic and diluted earnings per share for Q1 2024 were both ¥0.0727, an increase from ¥0.0575 in the previous year[23] Asset and Liability Changes - The company's total assets increased by 17.09% to CNY 3,061,635,752.70 from CNY 2,614,666,609.86 at the end of the previous year[5] - The total liabilities as of Q1 2024 amounted to ¥794,748,426.77, significantly higher than ¥393,096,198.71 from the previous year, indicating a growth of approximately 102.4%[18] - Total current assets rose to ¥1,853,249,318.86 from ¥1,389,204,691.50, indicating a strong liquidity position[16] - The company has a total of 1,208,386,433.84 in non-current assets, slightly down from 1,225,461,918.36 in the previous period[16] Cash Flow Analysis - Cash flow from operating activities decreased by 31.10% to CNY 8,089,117.76 from CNY 11,739,886.84 year-on-year[5] - The net cash flow from operating activities decreased by 31.10% to ¥8,089,117.76 compared to the previous period, primarily due to an increase in acceptance guarantee deposits[10] - Cash inflow from operating activities totaled ¥299,227,722.31, compared to ¥275,963,217.28 in the prior period, marking an increase of about 8.4%[24] - The total cash outflow from investing activities was ¥75,240,175.06, down 57.5% from ¥177,216,064.73 in the previous year[25] - The net cash flow from financing activities was ¥371,592,461.11, marking a 100% increase due to the issuance of invoice financing during the period[10] - The net increase in cash and cash equivalents for Q1 2024 was ¥354,648,861.61, compared to a decrease of ¥18,150,781.69 in Q1 2023[26] - The ending balance of cash and cash equivalents as of Q1 2024 was ¥647,927,800.26, up from ¥419,544,252.37 at the end of Q1 2023[26] Shareholder Information - The company reported a total of 57,339 ordinary shareholders at the end of the reporting period[12] - Zhejiang Daoming Investment Co., Ltd. holds a significant 39.96% stake in the company, with 249,600,000 shares pledged[12] Expense and Tax Changes - The company reported a 48.28% increase in income tax expenses, amounting to CNY 8,348,544.30, driven by higher sales and gross profit[9] - Research and development expenses for Q1 2024 were ¥16,247,451.87, compared to ¥13,072,070.76 in the previous year, showing an increase of approximately 24.5%[21] - The company reported a decrease in employee compensation payable from ¥23,068,619.50 to ¥14,410,071.27, a reduction of about 37.3%[18] - The cash received from other investment activities was ¥50,000,000.00, down 66.1% from ¥147,000,000.00 in Q1 2023[25] - The cash paid for other investment activities was ¥70,000,000.00, a decrease of 59.3% compared to ¥172,000,000.00 in the previous year[25] Other Financial Metrics - The weighted average return on equity rose to 2.02%, up from 1.52% in the same period last year[5] - Other income increased by 228.40% to CNY 10,580,774.94, primarily due to higher government subsidies received[9] - The company experienced a 90.87% increase in cash received from other operating activities, totaling CNY 21,921,904.32, attributed to government subsidies and performance bonds[9] - The deferred income tax liabilities increased slightly from ¥2,946,662.22 to ¥3,028,557.09, reflecting a growth of approximately 2.8%[18] - The impact of exchange rate changes on cash and cash equivalents was a positive ¥207,457.80 in Q1 2024, compared to a negative impact of ¥272,316.85 in Q1 2023[26] Audit Status - The company’s first quarter report for 2024 was not audited[27]