FIBOCOM(300638)2024-04-28 07:51Financial Performance - The company's operating revenue for Q1 2024 was ¥2,122,951,636.25, representing a 17.11% increase compared to ¥1,812,738,114.79 in the same period last year[11] - Net profit attributable to shareholders for Q1 2024 was ¥187,879,452.71, a 33.78% increase from ¥140,434,073.80 year-on-year[11] - Basic earnings per share for Q1 2024 were ¥0.2453, up 32.38% from ¥0.1853 in the same quarter last year[11] - The total comprehensive income for the current period is CNY 191,054,063.49, compared to CNY 126,913,179.76 in the previous period, indicating an increase of about 50.5%[46] - The net profit for the current period is CNY 190,251,218.95, an increase from CNY 140,434,073.80 in the previous period, representing a growth of approximately 35.5%[46] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to ¥109,060,643.97, compared to a negative cash flow of ¥115,402,924.74 in the previous year, marking a 194.50% change[11] - The net cash flow from financing activities is CNY 35,584,622.03, a significant improvement compared to a net outflow of CNY -69,922,427.90 in the previous period[49] - Cash and cash equivalents at the end of the period amount to CNY 952,766,662.51, a decrease from CNY 596,684,605.01 in the previous period[49] - The company's cash received from sales of goods and services was ¥1,807,392,143.38, down from ¥1,899,789,121.52, indicating a decline of about 4.8%[57] Assets and Liabilities - Total assets at the end of Q1 2024 reached ¥7,280,037,665.51, reflecting a 2.60% increase from ¥7,095,286,100.16 at the end of the previous year[11] - The company's total liabilities decreased slightly to ¥3,956,521,898.54 from ¥3,966,677,243.02, showing a reduction of about 0.3%[54] - The total current assets increased to CNY 5,603,944,422.00 from CNY 5,485,653,019.50, showing a growth of approximately 2.2%[52] - The balance of short-term loans decreased by 33.97% to CNY 180,957,118.47 from CNY 274,055,371.87 at the end of 2023[34] Shareholder Information - The total number of common shareholders at the end of the reporting period is 38,616[18] - Zhang Tianyu holds 36.76% of the shares, amounting to 281,512,495 shares, with 211,134,371 shares pledged[18] - The National Social Security Fund holds 4.37% of the shares, totaling 33,502,926 shares[18] - The top ten shareholders account for a significant portion of the company's equity, with the largest shareholder holding over 36%[18] Expenses and Investments - Total operating costs amounted to CNY 1,961,738,334.41, up 17.0% from CNY 1,675,799,919.29 in the previous year[30] - Research and development expenses increased to CNY 185,140,918.68, representing a rise of 22.1% from CNY 151,595,782.59 in Q1 2023[30] - Financial expenses increased by 138.41% to ¥10,541,520.57 from ¥4,421,634.87 in the previous year, mainly due to last year's exchange gains[15] - The company’s other payables rose by 55.79% to CNY 175,418,333.12, primarily due to increased payments related to land acquisition[34] Investment Income - Investment income for the quarter was ¥1,951,334.97, a significant recovery from a loss of ¥798,853.87 in the same period last year, representing a 344.27% increase[15] - The company reported a net investment income of CNY 1,951,334.97, recovering from a loss of CNY 798,853.87 in the same period last year[30] Development and Future Plans - The company plans to issue convertible bonds to raise up to CNY 962.76 million, pending regulatory approvals[41] - Development expenses increased to ¥18,626,186.72 from ¥12,685,718.24, reflecting a significant investment in data resources[53] - The company has issued convertible bonds to unspecified investors as part of its financing strategy[50]