Financial Performance - The company's operating revenue for Q1 2024 was CNY 928,318,321.71, representing a year-on-year increase of 5.49%[5] - The net profit attributable to shareholders decreased by 9.27% to CNY 203,560,550.32 compared to the same period last year[5] - The net profit for Q1 2024 was CNY 207,658,308.71, a decrease of 10.2% compared to CNY 231,297,432.14 in Q1 2023[20] - The total operating profit for Q1 2024 was CNY 226,177,734.93, down from CNY 248,069,905.59 in the same period last year, reflecting a decline of 8.8%[20] - Basic and diluted earnings per share decreased by 20.00% to CNY 0.24[5] - Basic earnings per share for Q1 2024 were CNY 0.24, down from CNY 0.30 in Q1 2023, indicating a decrease of 20%[20] - The weighted average return on equity was 2.15%, a decrease of 0.61 percentage points compared to the previous year[5] Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 50.75% to CNY 518,194,830.29, attributed to increased cash receipts from sales of goods and services[7] - Cash flow from operating activities increased to CNY 518,194,830.29 in Q1 2024, compared to CNY 343,746,914.08 in Q1 2023, representing a growth of 50.8%[24] - The company reported cash inflow from financing activities of CNY 2,338,528,072.86 in Q1 2024, significantly up from CNY 263,314,013.59 in Q1 2023[25] - The total cash and cash equivalents at the end of Q1 2024 reached CNY 3,202,631,052.46, an increase from CNY 1,625,311,727.87 at the end of Q1 2023[25] - Cash and cash equivalents increased significantly to ¥3,250,355,445.27 in Q1 2024 from ¥705,088,286.92 in Q4 2023, reflecting improved liquidity[14] Assets and Equity - The total assets at the end of the reporting period were CNY 26,230,920,896.32, up 9.89% from the end of the previous year[5] - Total assets increased to ¥26,230,920,896.32 in Q1 2024 from ¥23,870,358,613.85 in Q4 2023, showing growth in the company's asset base[16] - The equity attributable to shareholders increased by 32.59% to CNY 10,344,114,365.57, mainly due to the first-time issuance of shares during the period[7] - The company's equity increased to ¥10,494,555,188.62 in Q1 2024 from ¥7,947,972,829.03 in Q4 2023, reflecting strong retained earnings growth[16] Costs and Expenses - Total operating costs for Q1 2024 were ¥702,414,383.44, up 9.0% from ¥644,383,008.44 in Q1 2023[19] - Operating profit margin decreased to 24.4% in Q1 2024 from 27.0% in Q1 2023 due to rising costs[19] - Research and development expenses were ¥28,554,337.61 in Q1 2024, slightly down from ¥29,089,225.98 in Q1 2023, indicating a focus on cost management[19] Other Financial Metrics - The company recognized non-recurring gains and losses totaling CNY 11,279,523.56, including government subsidies and other income[9] - The company reported a net investment income of ¥12,305,483.78 in Q1 2024, down from ¥23,461,166.55 in Q1 2023, reflecting market conditions[19] - The company received CNY 975,142,223.44 in cash from sales of goods and services in Q1 2024, an increase of 15.7% from CNY 842,262,006.53 in Q1 2023[24] - The cash outflow for investing activities in Q1 2024 was CNY 320,105,687.43, a decrease of 73.5% compared to CNY 1,206,842,937.37 in Q1 2023[25] - The company reported a tax expense of CNY 18,505,340.76 for Q1 2024, compared to CNY 16,721,680.37 in Q1 2023, reflecting an increase of 10.7%[20] - Other comprehensive income after tax for Q1 2024 was CNY 4,097,758.39, down from CNY 6,947,409.11 in Q1 2023, indicating a decline of 41.0%[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 74,043[8] - The company has not disclosed any significant new product developments or market expansion strategies in this report[11]
永兴股份(601033) - 2024 Q1 - 季度财报