Hytera Communications Corporation (stock code: 002583) is a high-tech enterprise focused on specialized communication equipment and solutions. The company is committed to providing professional communication products and services for the global public safety, emergency rescue, transportation and other industries. In the first quarter of 2024, Hytera achieved significant growth in multiple business areas, and its financial data performance was impressive.

At the end of this reporting period, Hytera's total assets were 11.908 billion yuan, an increase of 0.74% compared to 11.82 billion yuan at the end of the previous year. The asset-liability ratio decreased from 48.89% at the beginning of the period to 48.61%, indicating further optimization of the company's asset-liability structure. The owner's equity attributable to shareholders of the listed company was 5.962 billion yuan, an increase of 1.54% from the end of the previous year. These data indicate that Hytera's asset management and liability control are stable, and its financial situation is good.

In terms of profit, Hytera's performance is particularly outstanding. In the first quarter of 2024, the company achieved operating income of 1.266 billion yuan, a year-on-year increase of 47.68%. The net income attributable to shareholders of the listed company was 112 million yuan, while it was a negative 5.633 million yuan in the same period of the previous year, a significant increase of 299.31% year-on-year. Deducting non-recurring gains and losses, the net profit was 8.632 million yuan, an increase of 239.14% year-on-year. The basic earnings per share and diluted earnings per share were both 0.0617 yuan, while it was a negative 0.0310 yuan in the same period of the previous year. The net profit margin increased from a negative 7.15% in the same period of the previous year to 7.94%, while the gross profit margin slightly decreased to 48.51%. These data indicate that the company's profitability in its main business has significantly increased and its operational efficiency has also improved.

In terms of cash flow, Hytera's net cash flow from operating activities was 21.41 million yuan, a year-on-year decrease of 73.22%. Although the company's operating income and net profit have increased significantly, the cash paid to employees, taxes and other fees increased year-on-year, resulting in a decrease in net cash flow from operating activities. The net cash flow from investing activities increased by 17.88 million yuan year-on-year, an increase of 25.13%, mainly due to a decrease in investment expenditure. The net cash flow from financing activities decreased by 279 million yuan year-on-year, a decrease of 59.70%, mainly due to a net decrease in interest-bearing debt. The impact of exchange rate changes on cash and cash equivalents increased by 20.82 million yuan year-on-year, an increase of 101.68%, mainly due to the impact of changes in the RMB exchange rate.

Overall, Hytera's financial performance in the first quarter of 2024 is satisfactory. The company achieved significant growth in operating income and net profit, further optimized its asset-liability structure, and although net cash flow from operating activities has decreased, its overall financial situation is still stable. In the future, Hytera is expected to continue to improve its profitability and market competitiveness through business expansion and refined management.