捷昌驱动(603583) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 reached ¥709,126,699.15, representing a year-on-year increase of 32.45%[5] - Net profit attributable to shareholders was ¥69,369,220.43, marking a significant increase of 420.77% compared to the same period last year[5] - Basic earnings per share (EPS) for the period was ¥0.18, reflecting an increase of 388.08% year-on-year[5] - The company's net profit for Q1 2024 reached ¥68,623,388.02, a significant increase compared to ¥15,027,254.17 in Q1 2023, representing a growth of approximately 356%[21] - The total comprehensive income for Q1 2024 was ¥50,607,923.70, compared to ¥24,168,490.11 in Q1 2023, marking an increase of about 109%[22] - The operating profit for Q1 2024 was ¥87,760,776.76, compared to only ¥2,243,927.84 in Q1 2023, showcasing a substantial improvement in operational efficiency[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥6,317,305,810.88, a decrease of 5.83% from the end of the previous year[6] - Cash and cash equivalents as of March 31, 2024, were ¥1,758,256,637.90, down from ¥2,117,273,442.95 as of December 31, 2023, a decrease of 17.0%[14] - Total assets as of March 31, 2024, were ¥6,317,305,810.88, compared to ¥6,708,296,685.40 at the end of 2023, a decline of 5.8%[17] - Total liabilities as of March 31, 2024, were ¥2,137,964,010.43, down from ¥2,579,564,285.43 at the end of 2023, a decrease of 17.1%[16] - The company's total equity as of March 31, 2024, was ¥4,179,341,800.45, slightly up from ¥4,128,732,399.97 at the end of 2023, an increase of 1.2%[17] Cash Flow - The net cash flow from operating activities was ¥154,895,421.17, showing a decline of 12.17% compared to the previous year[5] - The cash flow from operating activities netted ¥154,895,421.17, a decrease from ¥176,358,191.14 in the previous year, suggesting challenges in cash generation from core operations[25] - The company reported a net cash outflow from investing activities of ¥149,604,368.53, worsening from a net outflow of ¥46,446,081.14 in the previous year[25] - Cash and cash equivalents at the end of Q1 2024 stood at ¥1,735,595,105.86, compared to ¥1,617,311,853.29 at the end of Q1 2023, reflecting a year-over-year increase of approximately 7.3%[26] Costs and Expenses - Total operating costs for Q1 2024 were ¥658,530,737.70, up from ¥565,724,718.92 in Q1 2023, reflecting an increase of 16.4%[20] - Research and development expenses for Q1 2024 amounted to ¥54,100,172.01, compared to ¥50,526,666.37 in Q1 2023, indicating an increase of 7.5%[20] - The company incurred financial expenses of ¥27,493,341.24 in Q1 2024, which is an increase from ¥3,397,780.88 in Q1 2023, indicating rising costs associated with financing[21] Revenue Drivers and Strategy - The increase in revenue was primarily driven by rising customer demand and business scale expansion[10] - The company plans to continue focusing on cost reduction in raw materials to sustain profit growth[10] - Future outlook includes continued investment in R&D and potential market expansion strategies, although specific targets were not provided in the report[20] Shareholder Information - The total number of common shareholders at the end of the reporting period was 24,592[11] - The weighted average return on equity (ROE) increased by 1.34 percentage points to 1.67%[6] Non-Recurring Items - Non-recurring gains and losses totaled ¥20,197,372.89, with government subsidies contributing ¥14,814,236.67 to this amount[9]