联合光电(300691) - 2024 Q1 - 季度财报(更正)

Financial Performance - The company's revenue for Q1 2024 was CNY 382,328,516.03, representing a 15.94% increase compared to CNY 329,750,339.04 in the same period last year[4] - The net profit attributable to shareholders was a loss of CNY 1,465,254.84, a decrease of 117.04% from a profit of CNY 8,599,932.65 in the previous year[4] - The net profit for Q1 2024 was -1,105,219.09 CNY, compared to a net profit of 8,614,274.20 CNY in the same period last year, indicating a significant decline[28] - The company reported a comprehensive loss of -1,344,616.15 CNY for Q1 2024, compared to a comprehensive income of 8,157,751.22 CNY in Q1 2023[29] - The total operating revenue for Q1 2024 was CNY 382,328,516.03, an increase of 15.9% compared to CNY 329,750,339.04 in the same period last year[27] - The total operating costs for Q1 2024 were CNY 394,070,425.67, up 22% from CNY 323,778,427.34 in Q1 2023[27] - The company's R&D expenses increased to CNY 48,877,163.02, representing a 48.8% rise from CNY 32,847,773.61 in the previous year[27] - The total revenue from sales of goods and services was 473,471,512.92 CNY, an increase from 413,167,532.61 CNY in Q1 2023, reflecting a growth of approximately 14.6%[31] Cash Flow and Liquidity - The net cash flow from operating activities was a negative CNY 29,650,512.04, down 116.68% from CNY 177,774,473.14 in the same period last year[4] - The cash and cash equivalents at the end of Q1 2024 were CNY 323,393,197.51, up from CNY 319,721,286.28 at the beginning of the year[22] - The cash and cash equivalents at the end of the period were 192,302,803.58 CNY, down from 338,697,902.74 CNY at the end of Q1 2023, representing a decrease of approximately 43.2%[33] - The company recorded an increase in other operating cash receipts to 5,018,063.66 CNY from 166,035,873.70 CNY in the previous year, indicating a significant change in cash flow dynamics[32] - The investment activities generated a net cash inflow of 5,927,267.45 CNY, contrasting with a net cash outflow of -16,885,586.07 CNY in Q1 2023, showing improved investment cash flow[33] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 2,624,943,499.35, a 0.55% increase from CNY 2,610,646,719.41 at the end of the previous year[4] - The total current assets at the end of Q1 2024 were CNY 1,577,749,113.38, a slight decrease from CNY 1,591,904,613.60 at the beginning of the year[23] - The total non-current assets increased to CNY 1,047,194,385.97 from CNY 1,018,742,105.81 at the beginning of the year[23] - The total liabilities as of the end of Q1 2024 were CNY 1,029,097,693.88, compared to CNY 971,482,686.44 at the beginning of the year, reflecting an increase of 5.9%[25] - The company's total equity decreased to CNY 1,595,845,805.47 from CNY 1,639,164,032.97 at the beginning of the year[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 19,427[12] - As of February 28, 2024, the company completed a share repurchase of 2,793,400 shares, accounting for 1.0377% of the total share capital, with a total transaction amount of 46,490,604.00 RMB[19] Strategic Developments - The company signed a framework agreement to acquire 65% of Xi'an Weipu Optoelectronics Technology Co., enhancing its product structure and market competitiveness in the infrared lens sector[18] - The company launched a 2024 employee stock ownership plan aiming to raise no more than CNY 24,442,250[20] - The company completed the election of the fourth board of directors and supervisory board, along with the appointment of senior management on March 18, 2024[17] Credit and Impairment - The company reported a significant increase in credit impairment losses, which rose by 362.07% to CNY 16,204,679.25 compared to CNY 3,506,964.08 in the previous year[10] Borrowings and Prepayments - The company’s short-term borrowings decreased by 44.59% to CNY 49,696,564.01 from CNY 89,696,564.01 at the end of the previous year[9] - The company’s prepayments increased by 106.37% to CNY 41,672,048.21, attributed to an increase in material prepayments[9]