DPtech(300768)2024-04-15 13:26Financial Performance - The company's revenue for Q1 2024 was ¥254,652,723.03, representing a 10.16% increase compared to ¥231,162,886.35 in Q1 2023[5] - Net profit attributable to shareholders for Q1 2024 was ¥36,686,119.94, up 12.37% from ¥32,646,854.02 in the same period last year[5] - Basic earnings per share rose by 20.00% to ¥0.06 from ¥0.05 in Q1 2023[5] - The company's operating profit for the current period is 36,828,736.00, an increase from 35,256,803.04 in the previous period, reflecting a growth of approximately 4.46%[22] - Net profit attributable to the parent company is 36,686,119.94, up from 32,646,854.02, representing an increase of about 12.5%[22] - The total comprehensive income for the current period is 36,686,119.94, compared to 32,646,854.02 in the previous period, representing an increase of approximately 12.5%[23] Cash Flow and Liquidity - The net cash flow from operating activities increased by 73.02%, reaching ¥29,344,735.96 compared to ¥16,960,370.37 in Q1 2023[5] - The cash and cash equivalents at the end of Q1 2024 amounted to CNY 2,768,240,638.79, a decrease from CNY 2,867,608,973.01 at the beginning of the quarter[18] - The cash and cash equivalents at the end of the period are 2,768,007,545.23, down from 2,860,950,878.90, reflecting a decrease of about 3.2%[28] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥3,778,337,415.38, a decrease of 2.14% from ¥3,860,862,271.24 at the end of the previous year[5] - The total assets decreased to CNY 3,778,337,415.38 from CNY 3,860,862,271.24, a decline of 2.1%[20] - The total liabilities decreased to CNY 576,530,906.31 from CNY 607,786,146.50, a reduction of 5.1%[20] - The company's equity attributable to shareholders decreased by 1.58% to ¥3,201,806,509.07 from ¥3,253,076,124.74 at the end of the previous year[5] - The equity attributable to shareholders of the parent company was CNY 3,201,806,509.07, down from CNY 3,253,076,124.74, a decrease of 1.6%[20] Operating Costs and Expenses - The total operating costs for Q1 2024 were CNY 242,505,256.62, up from CNY 214,189,411.83, reflecting a growth of 13.2% year-over-year[20] - The company reported a significant increase in financial expenses, which decreased by 51.04% to -¥7,055,696.69 due to reduced interest income[9] - The company reported a decrease in financial expenses, with a net financial expense of -7,055,696.69, compared to -14,411,179.15 in the previous period, indicating improved financial management[22] - The company has reported a significant increase in tax expenses, with current tax expenses of 228,439.07 compared to 2,642,837.88 in the previous period, indicating a decrease in tax burden[22] Inventory and Receivables - The company’s inventory increased by 88.06% to ¥187,842,504.28 due to share repurchases[11] - Accounts receivable increased to CNY 157,995,739.87 from CNY 142,843,731.71, representing a rise of 10.6%[19] - Inventory at the end of Q1 2024 was CNY 357,776,707.92, compared to CNY 345,121,964.58 at the beginning of the quarter, indicating a growth of 3.8%[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 15,945[10] Future Outlook - Future outlook includes potential market expansion and new product development strategies, although detailed projections were not specified in the report[21]