深纺织A(000045) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 761,350,922.92, representing a 12.08% increase compared to CNY 679,306,013.14 in the same period last year[5] - Net profit attributable to shareholders was CNY 20,777,352.85, a significant increase of 58.50% from CNY 13,108,613.21 year-on-year[5] - The net profit after deducting non-recurring gains and losses reached CNY 16,974,425.78, marking a 123.35% increase from CNY 7,600,013.36 in the previous year[5] - Basic earnings per share rose to CNY 0.041, reflecting a 58.30% increase from CNY 0.0259 in the previous year[5] - Operating profit increased to CNY 39,590,318.96, representing a growth of 68.54% compared to CNY 23,470,750.92 in Q1 2023[18] - Comprehensive income totaled CNY 31,176,503.74, up from CNY 17,704,854.09 in Q1 2023[20] Cash Flow and Assets - The net cash flow from operating activities surged to CNY 31,638,249.21, a remarkable increase of 1,312.39% compared to CNY 2,240,056.33 in the same quarter last year[5] - Total assets at the end of the reporting period were CNY 5,668,402,180.44, a slight increase of 0.33% from CNY 5,649,822,363.44 at the end of the previous year[5] - Cash and cash equivalents increased to RMB 510,556,752.26 from RMB 472,274,448.00, reflecting a growth of approximately 8.5%[15] - Accounts receivable rose to RMB 864,314,583.88, up from RMB 820,134,833.95, indicating an increase of about 5.4%[15] - Inventory levels increased to RMB 796,520,645.65 from RMB 736,392,172.27, representing a growth of approximately 8.2%[15] - Total liabilities decreased slightly to RMB 1,525,308,318.74 from RMB 1,537,905,005.48, a reduction of about 0.8%[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 26,556[10] - Shareholders' equity attributable to the parent company increased to CNY 2,902,912,770.60, up 0.72% from CNY 2,882,152,266.22 at the end of the last fiscal year[5] - The company reported a total equity of RMB 4,143,093,861.70 as of March 31, 2024, compared to RMB 4,111,917,357.96 at the beginning of the period, reflecting a growth of approximately 0.8%[16] Government Support and R&D - The company received government subsidies amounting to CNY 5,272,621.84, which positively impacted its financial results[6] - Research and development expenses were CNY 19,952,810.67, an increase of 5.45% from CNY 18,921,219.17 in Q1 2023[18] Acquisition and Restructuring - The company is in the process of acquiring 100% equity of Hengmei Optoelectronics Co., Ltd., with ongoing adjustments to the transaction plan due to changes in shareholder structure[12] - There is uncertainty regarding the completion of the acquisition by May 17, 2024, which may affect stock price volatility[13] - The company's net profit for the first quarter of 2024 is not explicitly stated but is implied to be under review due to ongoing restructuring efforts[12] Accounting and Reporting - The first quarter report for Shenzhen Textile (Group) Co., Ltd. is unaudited[24] - The new accounting standards will be implemented starting in 2024, affecting the financial statements from the beginning of the year[23] - The report was released on April 30, 2024[24]