Financial Performance - The company's revenue for Q1 2024 reached ¥350,432,761.36, representing a 35.38% increase compared to ¥258,841,792.01 in the same period last year[5] - Net profit attributable to shareholders was ¥50,662,761.03, up 26.96% from ¥39,905,911.85 year-on-year[5] - Basic earnings per share increased to ¥0.65, a rise of 22.64% from ¥0.53 in the same period last year[5] - Total operating revenue for Q1 2024 reached ¥350,432,761.36, a significant increase of 35.4% compared to ¥258,841,792.01 in Q1 2023[25] - Net profit for Q1 2024 was ¥50,662,761.03, representing a 27% increase from ¥39,905,911.85 in Q1 2023[26] - Basic earnings per share for Q1 2024 were ¥0.65, compared to ¥0.53 in Q1 2023, reflecting a growth of 22.6%[27] Cash Flow - The net cash flow from operating activities decreased by 64.55%, amounting to ¥27,834,330.96, down from ¥78,527,978.69 in the previous year[11] - Operating cash inflow for the current period was 205,702,614.19 in the previous period[29] - Net cash outflow from operating activities was 78,527,978.69 in the previous period[29] - Cash inflow from investment activities totaled 412,956,715.92 in the previous period[30] - Net cash outflow from investment activities was 145,095,058.72 in the previous period[30] - Cash inflow from financing activities was 29,451,553.53, compared to a net outflow of 247,903,738.39, up from $168,961,319.49 in the previous period[30] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,807,557,572.97, down 4.78% from ¥1,898,307,138.67 at the end of the previous year[5] - Total liabilities decreased to ¥242,028,908.92 in Q1 2024 from ¥331,423,921.23 in Q1 2023, a reduction of 27%[23] - Cash and cash equivalents decreased to ¥1,252,634,077.30 in Q1 2024 from ¥1,418,480,021.93 in Q1 2023, a decline of 11.7%[22] - Accounts receivable decreased from 429,832,352.33 RMB to 380,163,055.69 RMB, a reduction of about 11.5%[20] - Inventory decreased from 310,206,194.54 RMB to 300,451,356.12 RMB, a decline of approximately 3.7%[20] Research and Development - Research and development expenses increased by 38.56% to ¥15,347,037.81, compared to ¥11,076,228.95 in the previous year[11] - Research and development expenses increased to ¥15,347,037.81 in Q1 2024, up 38.5% from ¥11,076,228.95 in Q1 2023[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 6,243[13] - The largest shareholder, Qian Hesheng, holds 26.17% of shares, totaling 20,720,000 shares[13] - The company plans to issue 3,636,647 shares at a price of 29.47 RMB per share, raising a total of 107,171,987.09 RMB[18] - The second vesting period of the 2022 restricted stock incentive plan will result in 880,000 shares being listed, representing 1.12% of the total shares before vesting[19] - The top ten shareholders include significant stakes from family members, indicating potential influence on company decisions[14] - The company has not disclosed any related party transactions among the top shareholders[14] Other Income and Expenses - The company reported a significant increase in other income, which rose by 133.34% to ¥6,657,775.09 from ¥2,853,308.11 year-on-year[11] - The company reported other income of ¥6,657,775.09 in Q1 2024, compared to ¥2,853,308.11 in Q1 2023, indicating a growth of 133.5%[26] Audit Information - The company did not undergo an audit for the first quarter report[31]
翔楼新材(301160) - 2024 Q1 - 季度财报