福耀玻璃(600660) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 reached CNY 8,835,664,711, representing a year-on-year increase of 25.29%[4] - Net profit attributable to shareholders was CNY 1,387,825,463, up 51.76% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 1,517,878,496, reflecting a 72.89% increase year-on-year[4] - The basic earnings per share (EPS) was CNY 0.53, an increase of 51.43% from the previous year[4] - The total profit for the reporting period was CNY 169,460.39 million, a growth of 52.17% year-on-year[5] - The company's net profit for Q1 2024 is not explicitly stated but can be inferred from the increase in total revenue and changes in expenses[17] - Net profit for Q1 2024 reached CNY 1,388,325,168, representing a 51.8% increase compared to CNY 914,441,842 in Q1 2023[19] - The company reported a total comprehensive income of CNY 1,435,367,256 for Q1 2024, compared to CNY 804,125,736 in Q1 2023, indicating a significant increase[19] - The total comprehensive income for the first quarter of 2024 was CNY 3.49 billion, compared to CNY 2.49 billion in the same quarter of 2023, reflecting a growth of 40.5%[28] Assets and Liabilities - Total assets at the end of the reporting period were CNY 59,664,416,575, a 5.36% increase from the end of the previous year[5] - Total assets as of March 31, 2024, were RMB 59,664,416,575, an increase from RMB 56,630,407,495 at the end of 2023, marking a growth of 5.4%[16] - Total liabilities increased to RMB 26,817,726,992 from RMB 25,219,085,168, reflecting a rise of 6.3%[16] - The company's equity attributable to shareholders increased to RMB 32,861,049,190 from RMB 31,426,181,639, a growth of 4.6%[16] - The total equity increased to CNY 27,459,387,629 as of March 31, 2024, compared to CNY 23,970,376,407 at the end of 2023, reflecting an increase of approximately 14%[25] Cash Flow - The net cash flow from operating activities was CNY 1,300,199,825, showing a decrease of 7.63% compared to the previous year[4] - Cash flow from operating activities for Q1 2024 was CNY 1,300,199,825, a decrease of 7.6% from CNY 1,407,625,685 in Q1 2023[21] - Cash flow from operating activities showed a net outflow of CNY 791.1 million in Q1 2024, a significant decline from a net inflow of CNY 161.2 million in Q1 2023[30] - The cash flow from operating activities was CNY 1,986,031,684, down from CNY 2,417,489,216 in the previous year, indicating a decrease of about 18%[22] - The net cash flow from financing activities in Q1 2024 was CNY 1.26 billion, down from CNY 2.55 billion in Q1 2023, showing a decline of 50.6%[30] Investment and Expenses - The company held a 49% stake in Beijing Futong after terminating the transfer of an additional 24% stake, impacting investment income negatively by CNY 21,212.88 million[5] - Research and development expenses increased to CNY 375,899,900, up 24.7% from CNY 301,113,334 in the same period last year[18] - Research and development expenses for Q1 2024 were CNY 41,104,473, up from CNY 25,579,432 in Q1 2023, showing a significant increase of approximately 61%[26] - Total operating costs for Q1 2024 were CNY 7,045,897,150, an increase of 17.9% from CNY 5,978,819,216 in Q1 2023[18] - The company incurred a total operating expense of CNY 2.51 billion in Q1 2024, compared to CNY 1.78 billion in Q1 2023, indicating an increase of 40.9%[30] Shareholder Information - The total number of shareholders as of March 31, 2024, was 128,185, including 128,142 A-share shareholders[8] Market Strategy - The company continues to focus on expanding its market presence and enhancing product development strategies, although specific new products or technologies were not detailed in the report[17]