麦迪科技(603990) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 111,382,482.48, representing a year-on-year increase of 57.38%[2] - The net profit attributable to shareholders was CNY 9,891,496.09, while the net profit after deducting non-recurring gains and losses was CNY -73,896,052.13[2] - The net profit for Q1 2024 was CNY 10,697,584.09, a significant recovery from a net loss of CNY 10,167,542.40 in Q1 2023, representing a turnaround of over 200%[17] - Operating profit for Q1 2024 was CNY 12,854,875.72, compared to an operating loss of CNY 4,455,052.87 in the same period last year, indicating a strong operational improvement[17] - The total comprehensive income for Q1 2024 was CNY 10,697,584.09, a significant improvement from a comprehensive loss of CNY 10,167,542.40 in Q1 2023[18] Cash Flow - The net cash flow from operating activities was CNY -49,777,576.25, indicating a significant cash outflow compared to the previous year[2] - Cash flow from operating activities showed a net outflow of CNY 49,777,576.25 in Q1 2024, worsening from a net outflow of CNY 17,869,040.15 in Q1 2023[20] - The company incurred a total operating cash outflow of CNY 226,912,360.08 in Q1 2024, compared to CNY 215,986,778.01 in Q1 2023, reflecting a slight increase in cash outflows[20] - The company reported cash and cash equivalents of CNY 270,573,241.18 at the end of Q1 2024, down from CNY 476,980,677.32 at the end of Q1 2023, indicating a decrease of approximately 43%[21] - The cash and cash equivalents decreased to RMB 319,197,396.68 from RMB 478,230,565.79, representing a decline of about 33.3%[12] - The company reported a decrease in cash flow from investing activities, with a net outflow of CNY 202,907,913.28 in Q1 2024, compared to a net outflow of CNY 386,659,252.68 in Q1 2023, indicating reduced investment expenditures[20] Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 3,991,401,796.65, a 1.94% increase from the end of the previous year[3] - The total assets as of March 31, 2024, were RMB 3,991,401,796.65, compared to RMB 3,915,297,259.57 as of December 31, 2023, showing a growth of about 1.9%[14] - The total liabilities as of March 31, 2024, were RMB 2,896,201,970.86, an increase from RMB 2,815,714,892.79 at the end of 2023, which is an increase of approximately 2.9%[14] - The equity attributable to shareholders decreased by 0.47% to CNY 1,091,114,016.87 compared to the end of the previous year[3] - The company’s equity attributable to shareholders was RMB 1,091,114,016.87 as of March 31, 2024, slightly down from RMB 1,096,302,645.86 at the end of 2023[15] Revenue and Costs - The total operating revenue for Q1 2024 was RMB 111,382,482.48, representing an increase from RMB 70,774,875.02 in Q1 2023, which is a growth of approximately 57.5%[16] - The total operating costs for Q1 2024 were RMB 187,332,029.36, up from RMB 77,812,036.40 in Q1 2023, indicating a significant increase of about 140.5%[16] - The gross profit margin for Q1 2024 was negative, with a gross loss of RMB 73,828,146.74 compared to a gross profit of RMB 51,479,299.85 in Q1 2023[16] - Sales revenue from goods and services received in Q1 2024 was CNY 88,367,912.72, up from CNY 73,290,998.65 in Q1 2023, marking an increase of about 20.6%[19] Research and Development - Research and development expenses for Q1 2024 amounted to RMB 15,448,941.63, compared to RMB 10,342,213.08 in Q1 2023, reflecting an increase of approximately 49.5%[16] Government Support - The company received government subsidies amounting to CNY 82,404,439.61, contributing to the financial performance during the quarter[5] Shareholder Returns - The basic and diluted earnings per share were both CNY 0.03[2] - The basic and diluted earnings per share for Q1 2024 were both CNY 0.03, recovering from a loss of CNY 0.04 per share in Q1 2023[18] - The weighted average return on equity increased by 1.7 percentage points to 0.90%[2] Business Focus - The increase in operating revenue was primarily driven by the launch of new photovoltaic business activities[6] - The company is currently focusing on expanding its photovoltaic business, which has begun production and is expected to contribute to future revenue growth[7]