中瓷电子(003031) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥547,989,957.54, a decrease of 6.63% compared to ¥586,927,415.05 in the same period last year[4] - Net profit attributable to shareholders was ¥82,573,664.41, down 4.38% from ¥86,357,799.45 year-on-year[4] - The net profit after deducting non-recurring gains and losses increased by 48.53% to ¥67,316,429.86 from ¥45,322,948.74 in the previous year[4] - Total operating revenue for Q1 2024 was CNY 547,989,957.54, a decrease of 6.6% compared to CNY 586,927,415.05 in Q1 2023[16] - Net profit for Q1 2024 was CNY 6,813,100.31, compared to CNY 7,473,872.27 in Q1 2023, indicating a decline of 8.8%[17] - The total comprehensive income for the period is CNY 99,405,375.68, compared to CNY 95,065,024.26 in the previous period, reflecting an increase of approximately 3.5%[18] - The net profit attributable to the parent company is CNY 82,573,664.41, down from CNY 86,357,799.45, indicating a decrease of about 4.5%[18] - Basic and diluted earnings per share are both CNY 0.26, a decrease from CNY 0.41 in the previous period, representing a decline of approximately 36.6%[18] Cash Flow and Liquidity - The company's cash flow from operating activities was ¥253,328,495.05, an increase of 3.76% compared to ¥244,137,110.97 in the same period last year[4] - Cash inflows from operating activities totaled CNY 681,559,141.02, an increase from CNY 614,479,195.69, marking a growth of about 10.9%[19] - Cash outflows from operating activities amounted to CNY 428,230,645.97, compared to CNY 370,342,084.72 in the previous period, which is an increase of approximately 15.6%[20] - The net cash flow from operating activities is CNY 253,328,495.05, slightly up from CNY 244,137,110.97, showing an increase of about 3.4%[20] - The cash and cash equivalents at the end of the period stand at CNY 1,692,495,975.66, compared to CNY 1,189,507,851.54 at the end of the previous period, showing an increase of approximately 42.2%[20] Investment and Assets - The company's cash and cash equivalents decreased by 51.58% to ¥1,698,523,311.57 due to the purchase of structured deposits[7] - Investment income surged by 1374.46% to ¥4,411,821.93 from ¥299,216.44 in the previous year, primarily due to increased returns from structured deposits[9] - The net cash flow from investing activities was negative at -¥2,061,313,341.21, a significant decline of 1180.36% compared to -¥160,995,432.40 in the same period last year[10] - The company's total assets increased to CNY 7,598,429,303.77 in Q1 2024, up from CNY 7,253,966,066.05 in Q1 2023, representing a growth of 4.7%[16] - Total liabilities rose to CNY 1,581,495,080.30 in Q1 2024, compared to CNY 1,341,803,711.45 in Q1 2023, marking an increase of 17.8%[16] - Inventory as of Q1 2024 was CNY 684,607,627.16, up from CNY 611,926,892.88 in Q1 2023, reflecting a growth of 11.9%[15] - The company's equity attributable to shareholders increased to CNY 5,706,232,325.51 in Q1 2024, up from CNY 5,618,751,136.89 in Q1 2023, a rise of 1.6%[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 18,782, with the largest shareholder, Hebei Semiconductor Research Institute, holding 54.41% of shares, equating to 175,298,773 shares[11] - The company has a significant presence of state-owned shareholders, with the top three shareholders being state-owned entities, holding a combined 64.04% of shares[11] - The number of shares held by the top ten shareholders represents a substantial portion of the company's equity, with the largest shareholder alone holding over 54%[11] - The company has a diverse shareholder base, including both state-owned and private entities, which may influence its strategic decisions[12] Operational Efficiency - Research and development expenses rose by 32.01% to ¥72,267,587.48 from ¥54,743,552.02 year-on-year, reflecting increased investment in maintaining competitiveness[8] - The company is actively managing its receivables, as evidenced by the slight decrease in accounts receivable, which may improve cash flow in the future[14] - Accounts receivable decreased from 760,001,954.93 CNY to 716,146,382.04 CNY, indicating a reduction in outstanding payments[14] - The company reported a decrease in accounts receivable from CNY 646,725,871.11 in Q1 2023 to CNY 508,281,657.03 in Q1 2024, a reduction of 21.5%[15] - The company has a significant presence of state-owned shareholders, with the top three shareholders being state-owned entities, holding a combined 64.04% of shares[11]