中国电研(688128) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥874,834,465.34, representing a year-on-year increase of 2.21%[4] - The net profit attributable to shareholders for Q1 2024 was ¥70,182,073.07, reflecting a growth of 12.43% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥57,410,886.34, which is an increase of 21.64% year-on-year[4] - The basic earnings per share for Q1 2024 was ¥0.17, up by 13.33% from the previous year[4] - Total operating revenue for Q1 2024 was ¥874,834,465.34, an increase of 2.6% compared to ¥855,926,665.53 in Q1 2023[17] - Net profit for Q1 2024 was ¥69,512,464.77, up 13.9% from ¥61,111,529.11 in Q1 2023[18] - Earnings per share for Q1 2024 were ¥0.17, compared to ¥0.15 in Q1 2023, reflecting a 13.3% increase[18] - The total comprehensive income for Q1 2024 was ¥75,043,709.78, an increase from ¥64,645,355.15 in Q1 2023[18] Research and Development - The total R&D investment for the quarter was ¥85,380,824.64, accounting for 9.76% of operating revenue, an increase of 1.66 percentage points[5] - Research and development expenses increased to ¥85,380,824.64 from ¥69,317,416.85, marking a rise of 23.2%[17] - Research and development expenses increased to CNY 28,702,142.96 in Q1 2024, up 30.0% from CNY 22,049,907.75 in Q1 2023[27] Assets and Liabilities - The total assets at the end of the reporting period were ¥7,170,849,293.49, a decrease of 2.03% from the end of the previous year[5] - The total assets as of March 31, 2024, were ¥7,170,849,293.49, down from ¥7,319,340,920.23, a decrease of about 2.0%[12] - The total current assets amounted to ¥5,927,494,813.72, a slight decrease from ¥5,944,162,898.36 at the end of 2023[11] - The company's cash and cash equivalents decreased to ¥532,599,119.67 from ¥822,552,309.98, representing a decline of approximately 35.2%[11] - Accounts receivable increased to ¥1,182,580,449.21 from ¥1,151,001,361.16, reflecting a growth of about 2.8%[11] - Inventory rose to ¥2,642,771,836.04, up from ¥2,514,586,135.16, indicating an increase of approximately 5.1%[12] - Total liabilities decreased to ¥4,164,287,013.44 from ¥4,387,825,700.43, a reduction of about 5.1%[13] - The company's total equity increased to ¥3,006,562,280.05 from ¥2,931,515,219.80, showing a growth of approximately 2.6%[13] - The total current liabilities amounted to ¥3,959,965,630.78, down from ¥4,172,386,932.21, reflecting a decrease of about 5.1%[13] - The company's retained earnings increased to ¥1,084,774,539.57 from ¥1,014,592,466.50, representing a growth of approximately 6.9%[13] - The total liabilities increased to CNY 1,271,466,537.37 as of March 31, 2024, from CNY 1,091,991,107.20 at the end of 2023, marking a rise of 16.4%[25] Cash Flow - The net cash flow from operating activities was negative at -¥244,083,006.75, which is not applicable for year-on-year comparison[4] - Cash flow from operating activities showed a net outflow of ¥244,083,006.75, slightly worse than the outflow of ¥236,104,656.48 in Q1 2023[21] - The company experienced a positive impact of $0.30 from exchange rate fluctuations on cash and cash equivalents in Q1 2024, compared to a negative impact of$2.30 in Q1 2023[31] - In Q1 2024, the net cash flow from operating activities was $120.10 million, a significant improvement from a net outflow of$81.26 million in Q1 2023[30] - Total cash inflow from operating activities reached $407.27 million, compared to$198.48 million in the same period last year, marking an increase of approximately 105.5%[30] - Cash outflow from operating activities was $287.16 million, slightly higher than$279.74 million in Q1 2023, resulting in a net cash flow increase[30] - The net cash flow from investing activities was -$111.79 million in Q1 2024, an improvement from -$235.40 million in Q1 2023[31] Cost Management - The company implemented cost reduction and efficiency enhancement measures, contributing to the increase in profitability for the period[6] - Total operating costs decreased to ¥805,651,399.84 from ¥819,960,791.41, a reduction of approximately 1.7%[17] - The company paid $75.45 million to employees in Q1 2024, compared to$58.53 million in Q1 2023, reflecting a 28.8% increase in employee-related cash outflows[30] Investment Income - The company reported an investment income of ¥3,731,698.44, compared to a loss of ¥433,740.05 in the previous year[17]