Financial Performance - The company's operating revenue for Q1 2024 was ¥139,163,637.74, representing a decrease of 36.38% compared to the same period last year[5] - The net profit attributable to shareholders was ¥58,627,178.26, down 21.79% year-over-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 48.21% to ¥35,654,881.91[5] - The basic earnings per share (EPS) was ¥0.10, reflecting a decline of 28.57% compared to the previous year[5] - Total operating revenue for Q1 2024 was ¥139.16 million, a decrease of 36.4% compared to ¥218.75 million in Q1 2023[16] - Net profit for Q1 2024 was ¥59.36 million, down 21.9% from ¥75.99 million in Q1 2023[17] - Basic and diluted earnings per share for Q1 2024 were both ¥0.10, compared to ¥0.14 in Q1 2023[18] Assets and Liabilities - The total assets increased by 66.76% to ¥3,792,481,566.90 compared to the end of the previous year[6] - As of March 31, 2024, the total current assets amounted to ¥3,178,646,624.88, an increase from ¥1,688,825,760.88 at the end of 2023, reflecting a growth of approximately 88.5%[13] - The total liabilities as of March 31, 2024, were ¥985,696,119.48, slightly up from ¥949,091,109.39 at the end of 2023[15] - Non-current assets totaled ¥613,834,942.02, up from ¥585,391,852.05, reflecting a growth of about 4.2%[14] - The company’s total assets reached ¥3,792,481,566.90, up from ¥2,274,217,612.93, reflecting an increase of approximately 66.6%[15] Equity - The total equity attributable to shareholders rose by 112.81% to ¥2,793,738,245.08[6] - The total equity attributable to shareholders rose to ¥2,793,738,245.08 from ¥1,312,814,437.45, marking an increase of approximately 112.5%[15] Cash Flow and Investments - Cash flow from operating activities showed a net outflow of ¥46.14 million in Q1 2024, an improvement from a net outflow of ¥77.20 million in Q1 2023[20] - Cash and cash equivalents reached ¥1,578,658,284.99, compared to ¥165,353,309.32 at the end of 2023, indicating a significant increase[13] - Cash and cash equivalents increased by ¥1.41 billion in Q1 2024, compared to an increase of ¥9.88 million in Q1 2023[20] - The company raised ¥1.43 billion from investment activities in Q1 2024, compared to ¥103.99 million in Q1 2023[20] Research and Development - Research and development (R&D) expenses amounted to ¥35,443,593.09, a decrease of 24.54% year-over-year, while R&D expenses accounted for 25.47% of operating revenue, an increase of 4 percentage points[6] - Research and development expenses were ¥35.44 million in Q1 2024, down 24.5% from ¥46.97 million in Q1 2023[16] Other Financial Metrics - The weighted average return on net assets was 3.23%, down 4.15 percentage points from the previous year[6] - The company received government subsidies amounting to ¥25,510,126.70, which are considered non-recurring gains[7] - The company reported other income of ¥25.58 million in Q1 2024, significantly higher than ¥6.80 million in Q1 2023[16] - The company incurred a credit impairment loss of ¥1.80 million in Q1 2024, a decrease from ¥9.15 million in Q1 2023[16] Shareholder Information - The total number of common shareholders at the end of the reporting period was 21,694[10] Accounting Changes - The company has adopted new accounting standards starting in 2024, which may affect the financial statements[21] Report Issuance - The report is issued by the board of directors of Chengdu Huayi Electronics Technology Co., Ltd. on April 29, 2024[21]
成都华微(688709) - 2024 Q1 - 季度财报