Financial Performance - Net profit attributable to shareholders rose by 27.87% to CNY 10,376,422.88 for Q1 2024, up from CNY 8,114,880.47 in Q1 2023[3] - Operating revenue for Q1 2024 was CNY 104,765,347.04, reflecting a 25.65% increase from CNY 83,381,299.53 in the same period last year[3] - The total profit for Q1 2024 was ¥11,866,159.79, a 28.0% increase from ¥9,287,705.86 in Q1 2023[22] - Net profit for Q1 2024 was ¥10,350,303.63, representing a 28.0% increase from ¥8,093,453.61 in Q1 2023[22] - Total operating revenue for Q1 2024 reached ¥104,765,347.04, a significant increase of 25.6% compared to ¥83,381,299.53 in Q1 2023[21] - Basic and diluted earnings per share for Q1 2024 were both ¥0.16, compared to ¥0.12 in Q1 2023[23] Assets and Liabilities - Total assets increased by 16.49% to CNY 697,428,015.10 as of March 31, 2024, compared to CNY 598,686,989.62 at the end of 2023[3] - The total equity attributable to shareholders increased by 77.21% to CNY 355,090,664.61 compared to CNY 200,374,619.08 at the end of 2023[3] - Current liabilities decreased to ¥242.41 billion from ¥306.50 billion, a reduction of about 20.92%[15] - Total liabilities decreased to ¥322.53 billion from ¥291.18 billion, a reduction of about 10.77%[19] - Non-current liabilities totaled ¥80.12 billion, an increase from ¥71.98 billion, reflecting a growth of approximately 11.73%[15] Cash Flow - The company's cash flow from operating activities showed a significant decline of 220.72%, resulting in a net outflow of CNY -28,170,903.06[3] - Cash flow from financing activities surged by 19,071.87% to CNY 143,399,393.06, primarily due to funds raised from public offerings[5] - Cash inflow from operating activities totaled 71,243,640.68, down from 109,465,961.14 year-over-year[26] - Cash outflow from operating activities increased to 99,414,543.74, compared to 86,129,839.64 in the previous year[26] - Cash flow from investing activities resulted in a net outflow of -16,898,750.98, compared to -5,591,167.60 last year[27] - Cash flow from financing activities generated a net inflow of 143,399,393.06, a significant improvement from -755,852.79 in the previous period[30] Expenses - Research and development expenses increased by 44.27% to CNY 3,233,236.37, indicating a commitment to innovation[5] - Sales expenses for Q1 2024 were ¥2,777,629.25, an increase of 45.7% compared to ¥1,906,784.38 in Q1 2023[21] - Management expenses rose to ¥4,507,838.45 in Q1 2024, up 69.5% from ¥2,658,563.95 in Q1 2023[21] - Tax expenses for Q1 2024 amounted to ¥1,515,856.16, compared to ¥1,194,252.25 in Q1 2023, reflecting a 26.9% increase[22] Other Financial Metrics - The company received government subsidies amounting to CNY 436,053.56, a 502.56% increase compared to previous periods[5] - The company reported a significant increase in cash and cash equivalents, reaching CNY 168,660,733.11 as of March 31, 2024, compared to CNY 79,349,037.01 at the end of December 2023, representing a growth of approximately 112.5%[14] - Accounts receivable increased to CNY 137,592,861.95 from CNY 119,473,208.85, indicating a rise of about 15.1%[14] - The company reported a net profit margin improvement, with undistributed profits rising to ¥113.92 million from ¥103.88 million, an increase of approximately 9.99%[20] - Total comprehensive income amounted to 10,037,746.09, compared to 8,095,222.25 in the previous period, reflecting a significant increase[25] Commitments and Legal Matters - The company plans to provide a guarantee for a loan of up to CNY 50 million for its subsidiary Jiangsu Dingbang Heat Exchange Equipment Technology Co., Ltd., with a maximum term of 6 years[12] - The company has no new commitments as of the reporting period, and all previously disclosed commitments are being fulfilled normally[12] - The company has no ongoing litigation or arbitration matters during the reporting period[11] - The company has not engaged in any significant mergers or acquisitions during the reporting period[11]
无锡鼎邦(872931) - 2024 Q1 - 季度财报