CRT(600125)2024-04-29 07:37Financial Performance - The company's operating revenue for Q1 2024 was CNY 3,464,867,467.87, representing a year-on-year increase of 3.53%[3] - Net profit attributable to shareholders was CNY 219,262,667.87, reflecting a significant increase of 27.45% compared to the same period last year[3] - The basic earnings per share for the period was CNY 0.168, up by 27.27% from the previous year[3] - Net profit for Q1 2024 was CNY 219,328,838.89, compared to CNY 173,134,532.12 in Q1 2023, representing a growth of 26.67%[14] - The net profit attributable to shareholders of the parent company was approximately ¥219.26 million, up from ¥172.03 million, reflecting a growth of 27.5% year-over-year[15] - The total comprehensive income for Q1 2024 was approximately ¥219.14 million, compared to ¥173.21 million in the same period last year, marking an increase of 26.5%[15] - Basic earnings per share for Q1 2024 were ¥0.168, compared to ¥0.132 in Q1 2023, representing a growth of 27.3%[15] Cash Flow - The net cash flow from operating activities reached CNY 184,675,366.85, showing a remarkable increase of 173.40% year-on-year[3] - The net cash flow from operating activities was approximately ¥184.68 million, a significant recovery from a net outflow of ¥251.61 million in Q1 2023[19] - Cash inflows from operating activities totaled approximately ¥3.80 billion, an increase from ¥3.22 billion in Q1 2023, reflecting a growth of 17.7%[19] - The company reported a significant increase in cash inflows from sales of goods and services, totaling approximately ¥3.74 billion, compared to ¥3.16 billion in the previous year, reflecting a growth of 18.4%[19] - The net cash flow from investing activities was a negative ¥35.73 million, worsening from a negative ¥2.54 million in Q1 2023[20] - The net cash flow from financing activities was negative ¥4.37 million, an improvement from a negative ¥125.10 million in Q1 2023[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 9,899,349,553.89, a decrease of 1.11% from the end of the previous year[3] - Total assets as of March 31, 2024, amounted to CNY 9,899,349,553.89, a slight decrease from CNY 10,010,076,733.21 at the end of 2023[10] - Current assets totaled CNY 4,752,640,333.22, down from CNY 4,868,718,582.69 at the end of 2023, indicating a decrease of 2.37%[10] - Inventory decreased to CNY 2,073,794,723.13 from CNY 2,317,531,657.12, a reduction of 10.53%[9] - Total liabilities decreased to CNY 2,619,724,251.71 from CNY 2,951,717,743.19, a decline of 11.22%[11] Equity and Investments - The equity attributable to shareholders increased to CNY 7,253,455,756.95, marking a growth of 3.15% compared to the previous year[3] - The total equity attributable to shareholders increased to CNY 7,253,455,756.95 from CNY 7,032,255,615.81, reflecting a growth of 3.14%[11] - The company reported a 490.18% increase in investment income, primarily due to higher returns from joint ventures[5] - The company reported an investment income of CNY 11,699,260.00 in Q1 2024, a significant recovery from a loss of CNY 2,998,378.07 in Q1 2023[14] Other Financial Metrics - Operating profit for Q1 2024 was CNY 294,692,463.04, up from CNY 238,354,898.36 in Q1 2023, reflecting a growth of 23.6%[14] - Research and development expenses remained stable at CNY 1,051,600.05, slightly down from CNY 1,054,104.76 in Q1 2023[14] - The accounts receivable decreased by 37.07%, indicating a reduction in outstanding payments[5] - The company experienced a 68.31% increase in prepaid accounts, attributed to higher advance payments for purchases[5] - The company did not conduct an audit for the Q1 financial statements[3]