Financial Performance - The company's revenue for Q1 2024 was ¥529,369,853.12, representing an increase of 8.69% compared to ¥487,050,850.69 in the same period last year[5] - Net profit attributable to shareholders was ¥21,493,755.00, a significant increase of 55.06% from ¥13,861,194.91 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥19,010,692.07, up 77.55% from ¥10,707,152.77 in the previous year[5] - Basic earnings per share rose to ¥0.0922, reflecting a 35.19% increase from ¥0.0682 in the same period last year[5] - Total operating revenue for Q1 2024 reached ¥529,369,853.12, an increase of 8.7% compared to ¥487,050,850.69 in Q1 2023[19] - Net profit for Q1 2024 was ¥21,108,229.80, representing a 59.4% increase from ¥13,251,724.96 in Q1 2023[20] - Earnings per share for Q1 2024 were ¥0.0922, compared to ¥0.0682 in Q1 2023, marking a 35.5% increase[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,754,401,589.00, a slight decrease of 0.35% from ¥1,760,504,725.58 at the end of the previous year[5] - Total assets as of the end of Q1 2024 amounted to ¥1,754,401,589.00, slightly down from ¥1,760,504,725.58 at the end of Q1 2023[17] - Total liabilities decreased to ¥558,356,681.34 in Q1 2024 from ¥586,750,032.86 in Q1 2023, a reduction of 4.8%[17] Cash Flow - The net cash flow from operating activities was -¥91,880,264.43, showing a 3.76% improvement compared to -¥95,474,602.73 in the previous year[5] - Operating cash inflow for the current period was CNY 525,088,625.58, an increase of 8.93% from CNY 481,865,022.44 in the previous period[22] - Net cash outflow from operating activities was CNY -91,880,264.43, slightly improved from CNY -95,474,602.73 in the previous period[22] - Net cash inflow from investment activities was CNY 28,725,869.21, a significant recovery from a net outflow of CNY -20,440,679.87 in the previous period[24] - Cash and cash equivalents at the end of the period totaled CNY 543,599,337.67, up from CNY 425,647,630.01 in the previous period[24] Shareholder Information - Total number of common shareholders at the end of the reporting period is 9,743[12] - The largest shareholder, Li Zheng, holds 33.30% of shares, totaling 77,618,160 shares[12] - The second largest shareholder, Lu Zhiyong, holds 18.31% of shares, totaling 42,687,600 shares[12] - The company has not reported any changes in the top 10 shareholders or any significant events affecting shareholder structure[14] Expenses and Financial Changes - The company reported a significant increase in other income, which rose by 2223.74% to ¥529,470.77 due to increased export credit insurance compensation[10] - Financial expenses increased by 285.62% to -¥7,625,448.59, primarily due to exchange rate fluctuations[9] - The company experienced a 240.53% increase in net cash flow from investing activities, amounting to ¥28,725,869.21, as purchases of financial products decreased compared to the previous year[10] - The company reported a significant increase in research and development expenses, which rose to ¥6,177,656.13 from ¥5,402,857.32, an increase of 14.3% year-over-year[19] Other Financial Metrics - The weighted average return on equity improved to 1.89%, up from 1.22% in the previous year[5] - Deferred tax assets increased to ¥7,673,825.83 in Q1 2024, compared to ¥6,090,862.03 in Q1 2023, reflecting a growth of 26.0%[17] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[20] Accounting and Audit - The company did not undergo an audit for the first quarter report[25] - The company is implementing new accounting standards starting in 2024, which may affect financial reporting[25]
久祺股份(300994) - 2024 Q1 - 季度财报