Financial Performance - Net profit attributable to shareholders surged by 184.22% to ¥15,997,770.33 for Q1 2024, up from ¥5,628,731.41 in Q1 2023[11] - Operating revenue rose by 25.94% to ¥50,547,867.76 in Q1 2024, compared to ¥40,137,531.24 in the same period last year[11] - The total profit for Q1 2024 reached ¥18,678,423.06, reflecting a growth of 204.88% compared to the previous year[14] - The net profit margin improved significantly, with net profit reaching 31.63% of operating revenue in Q1 2024, compared to 14.03% in Q1 2023[11] - Operating profit for Q1 2024 was ¥10,229,537.78, compared to ¥5,076,568.87 in Q1 2023, indicating an increase of about 101.5%[37] - Net profit for Q1 2024 was ¥15,337,236.62, compared to ¥4,460,477.89 in Q1 2023, representing a 244.5% increase[38] - The company’s total comprehensive income for Q1 2024 was ¥15,337,236.62, compared to ¥4,460,477.89 in Q1 2023[39] Cash Flow and Liquidity - The net cash flow from operating activities increased by 158.25% to ¥23,652,761.48, up from ¥9,158,973.10 in Q1 2023[11] - Operating cash flow for Q1 2024 was ¥23,652,761.48, significantly higher than ¥9,158,973.10 in Q1 2023[41] - The company generated cash inflows from operating activities totaling ¥88,405,909.29 in Q1 2024, compared to ¥54,389,590.79 in Q1 2023[40] - The net cash flow from financing activities for Q1 2024 was ¥7,866,120.19, compared to a negative cash flow of -¥222,499.96 in Q1 2023[41] - The net increase in cash and cash equivalents was $27,630,239.16, contrasting with a decrease of $4,335,903.05 in the prior year[43] - Total cash and cash equivalents at the end of Q1 2024 were ¥155,633,644.83, compared to ¥45,044,515.55 at the end of Q1 2023[41] Assets and Liabilities - Total assets increased by 2.91% to ¥591,239,439.09 as of March 31, 2024, compared to ¥574,510,065.36 at the end of 2023[11] - Total current assets increased to ¥325,266,509.63 as of March 31, 2024, compared to ¥309,872,124.28 on December 31, 2023, reflecting a growth of approximately 4.5%[30] - Total liabilities decreased to ¥66,297,419.62 from ¥80,696,446.41, a reduction of approximately 17.9%[32] - Shareholders' equity increased to ¥524,942,019.47 from ¥493,813,618.95, reflecting a growth of about 6.3%[32] - Total liabilities decreased to ¥66,335,627.59 from ¥82,680,830.66, showing a reduction of approximately 19.8%[35] Shareholder Information - The total number of unrestricted shares at the end of the period was 18,268,700, accounting for 27.55% of total shares[18] - The total number of restricted shares increased by 1,800,000, bringing the total to 48,031,300, which represents 72.45% of total shares[18] - The top five shareholders collectively hold 46,929,383 shares, representing 70.78% of total shares[20] - There were no changes in the shareholding of major shareholders during the reporting period[19] - The company has no share buyback plans or employee incentive measures in place[23] Expenses and Costs - The company reported a significant increase in sales expenses by 57.27% to ¥1,984,385.20, attributed to higher business promotion costs[13] - Research and development expenses for Q1 2024 were ¥2,679,496.83, slightly higher than ¥2,545,472.31 in Q1 2023, reflecting a growth of approximately 5.2%[36] - The total cost of operations for Q1 2024 was ¥42,869,127.93, up from ¥35,644,242.52 in Q1 2023, representing an increase of approximately 20.2%[36] Government Support and Other Income - The company received a government subsidy of ¥9,603,600.00, contributing to the increase in non-operating income[15] - Other income for Q1 2024 was reported at ¥8,527,226.45, significantly higher than ¥1,061,869.46 in Q1 2023, reflecting an increase of about 702.5%[37] Legal and Compliance - The company has no litigation or arbitration matters during the reporting period[23] - The company has no external guarantees or loans provided during the reporting period[23] - The company reported that 290,220 yuan of assets were under restriction, primarily due to bank acceptance bill guarantees[26]
捷众科技(873690) - 2024 Q1 - 季度财报