DZT(600611)2024-04-29 07:41Financial Performance - The company's operating revenue for Q1 2024 was ¥689,904,185.74, representing a decrease of 5.89% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥18,342,620.91, down 81.50% year-over-year[5]. - The net profit after deducting non-recurring gains and losses was ¥30,478,173.38, an increase of 14.51% compared to the previous year[5]. - The company experienced a significant decline in net profit primarily due to the decrease in the fair value of trading financial assets amid market fluctuations[10]. - In Q1 2024, the company reported a net profit of CNY 28,509,634.15, a decrease of 73.8% compared to CNY 108,660,963.68 in Q1 2023[22]. - The company's total comprehensive income for Q1 2024 was CNY -16,213,870.50, compared to CNY 75,716,346.29 in Q1 2023, indicating a substantial decline[23]. - The net profit for Q1 2024 was reported at a loss of ¥21,721,052.22, compared to a profit of ¥30,782,312.57 in Q1 2023, marking a significant decline[34]. - The total comprehensive income for Q1 2024 was a loss of ¥57,059,071.13, compared to a gain of ¥7,223,633.30 in Q1 2023[34]. Cash Flow - The net cash flow from operating activities was -¥133,148,692.19, a decline of 283.12% year-over-year[5]. - The company's operating cash flow turned negative with a net cash outflow of CNY -133,148,692.19, compared to a positive inflow of CNY 72,710,485.85 in Q1 2023[27]. - In Q1 2024, the net cash flow from operating activities was ¥194,317,239.57, a significant improvement from a net outflow of ¥40,205,650.27 in Q1 2023[36]. - Cash inflow from operating activities totaled ¥313,452,576.02, significantly higher than ¥130,601,259.98 in the previous year[36]. - The company reported cash outflows for operating activities of ¥119,135,336.45, down from ¥170,806,910.25 in Q1 2023[36]. - The cash flow from tax payments was ¥5,639,519.00, significantly lower than ¥40,315,749.24 in the previous year[36]. Assets and Liabilities - Total assets at the end of the reporting period were ¥18,432,070,826.06, a decrease of 0.26% from the end of the previous year[6]. - Total liabilities decreased to CNY 8,371,640,366.66 from CNY 8,404,382,662.72, a reduction of 0.4%[18]. - The company's total equity as of March 31, 2024, was CNY 10,060,430,459.40, down from CNY 10,076,519,427.43, indicating a decrease of 0.2%[18]. - The company's total non-current assets increased to ¥9,194,533,859.25 from ¥9,158,866,367.68, reflecting a growth of about 0.39%[31]. - The total liabilities decreased to ¥6,222,215,642.22 from ¥6,244,726,109.98, indicating a reduction of approximately 0.36%[32]. - The company's total equity decreased to ¥8,453,437,362.72 from ¥8,510,420,138.72, reflecting a decline of about 0.67%[32]. Earnings Per Share - Basic and diluted earnings per share were both ¥0.01, reflecting a decrease of 75.00% compared to the same period last year[6]. - Basic and diluted earnings per share were both CNY 0.01, down from CNY 0.04 in the same quarter last year[23]. Investment Activities - Investment activities generated a net cash inflow of CNY 426,667,865.58, a significant improvement from a net outflow of CNY -214,260,269.30 in the previous year[28]. - The company’s investment income rose to CNY 14,607,508.72, up from CNY 9,717,393.47 in the previous year, reflecting a growth of 50.0%[22]. - The company recorded a significant decrease in investment income, which fell to ¥29,456,185.98 in Q1 2024 from ¥37,181,020.20 in Q1 2023[34]. - Total cash inflow from investment activities reached ¥548,538,219.00, compared to ¥77,974,540.16 in the same period last year, resulting in a net cash flow of ¥146,583,900.15, up from a net outflow of ¥54,390,308.78[36]. Other Financial Metrics - The weighted average return on equity was 0.19%, a decrease of 0.82 percentage points from the previous year[6]. - Non-recurring gains and losses amounted to -¥12,135,552.47 after tax adjustments[9]. - The company incurred financial expenses of CNY 41,491,440.14, a decrease of 6.0% from CNY 44,158,624.84 in Q1 2023[22]. - Other comprehensive income attributable to the parent company was CNY -44,723,504.65, compared to CNY -32,944,617.39 in Q1 2023, indicating a worsening position[22].