Financial Performance - The company's revenue for Q1 2024 reached ¥85,120,141.01, representing a 14.19% increase compared to ¥74,540,087.09 in the same period last year[6] - Net profit attributable to shareholders was ¥4,723,754.69, a significant increase of 147.41% from ¥1,909,268.57 year-on-year[6] - The net profit after deducting non-recurring gains and losses was ¥1,271,090.54, up 32.15% from ¥961,819.26 in the previous year[6] - The company reported a net profit margin improvement, with net profit increasing in line with revenue growth[24] - The company's net profit for the current period is 4,275,754.70, a significant increase from 1,626,013.38 in the same period last year, representing a growth of 162.5%[25] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥1,400,355,535.75, reflecting a 64.91% increase from ¥849,186,507.50 at the end of the previous year[6] - Total liabilities amounted to ¥138,656,594.69, up from ¥121,186,645.44, indicating a growth of about 14.4%[24] - The total liabilities increased by 38.19% to 66,249,311.63 from 47,941,391.61, attributed to higher inventory levels[29] - The company recorded a significant increase in lease liabilities by 598.53% to 6,786,219.65, up from 971,498.39, due to the addition of new office space[29] Shareholder Equity - Shareholders' equity attributable to the parent company increased by 69.25% to ¥1,259,312,190.73 from ¥744,072,319.25[6] - Total equity increased to ¥1,261,698,941.06 from ¥1,254,559,945.47, reflecting a growth of approximately 0.6%[24] Cash Flow - The net cash flow from operating activities was negative at -¥3,429,218.30, a decline of 142.07% compared to a positive cash flow of ¥8,151,427.37 in the same period last year[6] - Cash received from operating activities increased by 219.26% to 5,185,127.70, compared to 1,624,085.32 in the same period last year, reflecting higher interest income and government subsidies[29] - The net cash flow from operating activities for the first quarter was -3,429,218.30 RMB, a decrease from 8,151,427.37 RMB in the previous period, indicating a significant decline in operational cash generation[47] - Cash inflows from operating activities totaled 80,437,965.84 RMB, an increase from 78,806,277.08 RMB in the previous period, showing a growth of approximately 2.1%[47] - Cash outflows from operating activities increased to 83,867,184.14 RMB from 70,654,849.71 RMB, marking an increase of about 18.6%[47] Operating Costs and Expenses - Total operating costs for the current period were ¥83,007,497.02, compared to ¥72,702,744.49 in the previous period, indicating an increase of about 14.0%[24] - Research and development expenses increased by 33.28% to 22,978,771.52 compared to 17,240,839.89 in the previous year, primarily due to higher salaries and external technical cooperation costs[29] Other Income and Grants - Other income rose by 30.96% to 4,461,590.61, up from 3,406,891.32, mainly driven by increased government subsidies[29] - The company received government grants amounting to 3,524,216.46, which positively impacted the current period's profit[28] Future Outlook - Future outlook includes plans for market expansion and potential new product launches to drive further revenue growth[24] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[25]
固高科技(301510) - 2024 Q1 - 季度财报