协和电子(605258) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 reached ¥182,471,919.22, representing a year-on-year increase of 26.47%[5] - Net profit attributable to shareholders was ¥13,294,519.93, marking a significant increase of 68.47% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥10,951,506.42, reflecting a 106.38% increase year-on-year[5] - Basic earnings per share (EPS) stood at ¥0.15, an increase of 66.67% from the previous year[11] - Total operating revenue for Q1 2024 reached ¥182,471,919.22, a 26.5% increase from ¥144,277,058.98 in Q1 2023[22] - Net profit for Q1 2024 was ¥13,163,730.83, representing a 74.5% increase compared to ¥7,558,912.90 in Q1 2023[23] - The company reported a total profit of ¥15,521,994.02 for Q1 2024, an increase of 70.1% from ¥9,112,426.90 in Q1 2023[23] Assets and Liabilities - Total assets decreased by 2.21% to ¥1,462,070,126.08 compared to the end of the previous year[6] - As of March 31, 2024, total assets amount to CNY 1,462,070,126.08, a decrease from CNY 1,495,142,124.55 at the end of 2023[18] - Cash and cash equivalents decreased to CNY 118,518,359.69 from CNY 299,958,218.08[16] - Total current liabilities decreased to CNY 248,072,312.89 from CNY 293,339,905.52[18] - Accounts receivable decreased to CNY 262,725,639.88 from CNY 284,703,409.10[17] - Inventory increased to CNY 182,920,213.29 from CNY 171,177,267.74[17] - Non-current assets total CNY 604,106,058.74, down from CNY 612,299,008.58[18] Shareholder Information - Total number of common shareholders at the end of the reporting period is 12,399[13] - The largest shareholder, Zhang Nanguo, holds 17.90% of the shares, while the top four shareholders collectively control 57.06% of the voting rights[14] - The company has no significant changes in the top 10 shareholders or their shareholding status compared to the previous period[14] Cash Flow - Cash flow from operating activities showed a negative net amount of ¥1,464,759.00, a decline of 121.70% year-on-year[10] - The net cash flow from operating activities for Q1 2024 was -$1,464,759, a decrease from $6,749,319 in Q1 2023, indicating a decline in operational performance[27] - Total cash inflow from operating activities was $161,157,983.64, compared to $123,666,768.61 in the previous year, reflecting a year-over-year increase of approximately 30.3%[27] - Cash outflow from operating activities increased to $162,622,742.64 from $116,917,449.30, representing a rise of about 38.9%[27] - Cash flow from investing activities showed a net outflow of -$159,892,775.18, worsening from -$126,758,818.85 in the same quarter last year[27] - Cash inflow from financing activities was $13,000,000, down from $33,000,000 in Q1 2023, indicating a significant decrease of 60.6%[28] - The net cash flow from financing activities was -$20,305,905.54, contrasting with a positive cash flow of $22,778,000 in the previous year[28] - The ending cash and cash equivalents balance decreased to $115,861,081.55 from $189,887,568.91, a decline of approximately 38.9%[28] - The company received $21,090,251.83 in cash related to operating activities, a substantial increase from $5,584,320.07 in the prior year, marking a growth of about 277.5%[27] Expenses - Total operating costs for Q1 2024 were ¥171,403,798.81, up 22.5% from ¥139,815,461.38 in Q1 2023[22] - Research and development expenses for Q1 2024 totaled ¥7,548,823.66, compared to ¥6,959,142.17 in Q1 2023, reflecting a 8.5% increase[23] - The company's financial expenses showed a net income of -¥107,772.83 in Q1 2024, a significant improvement from ¥302,283.49 in Q1 2023[23] Taxation - The company reported a 30.57% increase in taxes and surcharges paid during the reporting period[10] Operational Situation - There are no significant reminders or important information regarding the company's operational situation during the reporting period[15]