佛山照明(000541) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 2,517,243,351.93, representing a 14.75% increase compared to CNY 2,193,613,606.54 in the same period last year[10]. - Net profit attributable to shareholders was CNY 83,714,220.74, up 26.42% from CNY 66,221,546.43 year-on-year[10]. - Basic earnings per share increased to CNY 0.0545, an 11.00% rise from CNY 0.0491 in the same quarter last year[10]. - The company reported a comprehensive income total of ¥103,876,165.00, up from ¥90,129,509.60, indicating a growth of 15.67%[26]. - The net profit for the current period is ¥115,125,206.00, up from ¥91,308,437.09 in the previous period, representing a growth of about 26.1%[55]. - The operating profit for the current period is ¥130,682,066.43, compared to ¥113,127,549.71 in the last period, reflecting an increase of approximately 15.5%[55]. Cash Flow - The net cash flow from operating activities was CNY 77,337,687.93, reflecting a 3.51% increase from CNY 74,718,240.10 in the previous year[10]. - The net cash flow from operating activities for the current period is ¥77,337,687.93, an increase from ¥74,718,240.10 in the previous period, reflecting a growth of approximately 3.4%[47]. - Total cash inflow from operating activities reached ¥2,185,616,586.06, compared to ¥1,863,436,272.10 in the prior period, indicating a year-over-year increase of about 17.3%[47]. - The net cash flow from investing activities showed a substantial decrease of 429.14%, amounting to CNY -846,896,748.45, primarily due to increased purchases of large-denomination certificates of deposit[15]. - The net cash flow from investing activities was -¥846,896,748.45, worsening from -¥160,051,306.41 in the previous period, showing a significant decline in investment cash flow[48]. - Cash inflow from investment activities totaled ¥181,776,248.07, a substantial increase from ¥21,352,738.77 in the last period, marking an increase of approximately 752.5%[48]. - The cash inflow from financing activities was ¥114,104,345.83, slightly down from ¥128,509,476.58 in the previous period, showing a decrease of about 11.2%[48]. Expenses - Research and development expenses rose to CNY 130,242,811.21, a 32.17% increase compared to CNY 98,541,775.73 in the same period last year[14]. - Sales expenses increased by 58.21% to CNY 83,278,275.64, primarily due to increased marketing and advertising costs for market expansion[14]. - The company reported a decrease in tax expenses to ¥15,957,470.97 from ¥20,116,039.48, which is a reduction of approximately 20.8%[55]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 16,743,443,081.77, a decrease of 1.13% from CNY 16,934,439,915.02 at the end of the previous year[10]. - Total current assets decreased from CNY 9,528,113,271.81 to CNY 8,710,597,097.93, a decline of approximately 8.55%[22]. - Cash and cash equivalents decreased from CNY 3,596,049,654.55 to CNY 2,833,101,452.72, a reduction of about 21.25%[22]. - Accounts receivable increased from CNY 2,093,499,280.40 to CNY 2,381,690,924.69, an increase of approximately 13.76%[22]. - Inventory decreased from CNY 1,971,171,641.14 to CNY 1,646,905,367.28, a decline of about 16.43%[22]. - Total non-current assets increased from CNY 7,406,326,643.21 to CNY 8,032,845,983.84, an increase of approximately 8.43%[23]. - Total liabilities decreased from CNY 6,641,162,972.46 to CNY 6,298,984,725.06, a reduction of about 5.16%[23]. - Short-term borrowings decreased significantly from CNY 220,019,877.73 to CNY 115,406,529.09, a decrease of approximately 47.5%[23]. - The company's long-term borrowings increased from CNY 253,093,421.29 to CNY 304,807,255.75, an increase of approximately 20.5%[23]. - The company's total equity attributable to shareholders increased by 1.16% to CNY 6,358,579,328.50 from CNY 6,285,442,808.19 at the end of the previous year[10]. - Total equity increased to ¥9,876,026,192.79 from ¥9,771,397,489.05, marking a growth of 1.07%[24]. - The company's total equity position remains stable with no significant changes reported in the equity section[22]. Other Income - The company reported a significant increase in other income, which rose by 81.43% to CNY 27,748,471.98, mainly from government subsidies[14]. - The company received government subsidies amounting to ¥14,481,564.17 during the reporting period[32]. - Investment income rose to ¥8,290,925.60, compared to ¥4,102,704.62 in the previous period, reflecting a significant increase of 102.93%[24].