中远海控(601919) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 48,269,963,140.26, representing a year-on-year increase of 1.94%[5] - The net profit attributable to shareholders for Q1 2024 was CNY 6,755,000,227.75, showing a decrease of 5.23% compared to the same period last year[5] - The basic and diluted earnings per share for Q1 2024 were both CNY 0.42, down by 4.55% year-on-year[5] - The EBIT for the group in Q1 2024 was RMB 9.977 billion, a decrease of RMB 0.750 billion, representing a decline of 6.99% compared to the previous year[12] - Net profit for the group was RMB 7,586,247,000, a decrease of RMB 1,307,956,000 compared to the previous year[20] - The total revenue for the group reached RMB 43,166,049,000, representing a year-on-year increase of 2.04%[17] - The revenue from the container shipping business was RMB 30,948,005,000, an increase of RMB 1,689,321,000 year-on-year[20] - The average international container revenue per TEU was USD 1,271.51, down USD 99.45 from the previous year[20] - The total comprehensive income for Q1 2024 was CNY 7,779,284,634.63, an increase from CNY 6,910,123,442.68 in Q1 2023, reflecting a growth of 12.6%[31] Cash Flow and Liquidity - The net cash flow from operating activities increased by 44.07% to CNY 8,864,882,203.76, primarily due to a significant reduction in tax payments compared to Q4 2023[7] - The cash flow from operating activities included CNY 47,227,089,006.59 from sales, down from CNY 49,733,753,849.52 in Q1 2023, a decline of 5.1%[32] - The total cash outflow from operating activities was CNY 40,646,517,397.61, down 12.1% from CNY 46,623,906,549.18 in the same period last year[33] - The net cash flow from investing activities was -CNY 3,916,887,210.70, an improvement from -CNY 10,085,093,358.51 in Q1 2023[33] - The cash inflow from financing activities was CNY 1,166,266,843.11, down 54.9% from CNY 2,587,424,377.24 in Q1 2023[33] - The ending cash and cash equivalents balance for Q1 2024 is CNY 942,883,161.43, down from CNY 13,942,505,286.97 in Q1 2023[41] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 421,264[8] - The largest shareholder, China Ocean Shipping Company, held 37.13% of the shares, totaling 5,924,873,037 shares[8] - The total shareholding of China Ocean Shipping Group, directly and indirectly, is 7,009,619,897 shares, accounting for approximately 43.93% of the total share capital[9] - The cash dividend proposed for the year-end 2023 is RMB 0.23 per share, amounting to approximately RMB 3.67 billion based on the total share capital[12] Operational Metrics - The company's fleet includes 510 container ships with a total capacity of 3.1056 million TEUs as of March 2024[13] - In Q1 2024, the total cargo volume for the container shipping business was 6.0273 million TEUs, an increase of 10.53% year-on-year[13][15] - The cargo volume for the Trans-Pacific route in Q1 2024 was 1,079,761 TEUs, up 9.67% from the same period last year[14] - The cargo volume for the Asia-Europe route (including the Mediterranean) decreased by 9.16% year-on-year, totaling 959,372 TEUs[15] - The cargo volume for the China mainland route increased by 24.92% year-on-year, reaching 1,171,280 TEUs in Q1 2024[15] - The total container throughput reached 33,262,222 TEUs, reflecting a year-on-year growth of 9.76%[24] Assets and Liabilities - The total assets at the end of Q1 2024 were CNY 459,426,464,135.63, a decrease of 0.65% from the end of the previous year[5] - The total liabilities decreased to CNY 209,375,850,882.66 from CNY 219,209,908,310.07, a reduction of 4.00%[28] - The company's equity increased to ¥250,050,613,252.97 from ¥243,219,472,286.04, marking a growth of 2.99%[28] - The cash and cash equivalents at the end of Q1 2024 were CNY 173,051,523,629.82, down from CNY 222,307,022,595.06 at the end of Q1 2023[33] Expenses and Investments - Research and development expenses increased to CNY 256,538,465.62, up from CNY 209,780,701.37, marking a rise of 22.3% year-over-year[30] - The company reported a decrease in financial expenses, with interest expenses at CNY 817,609,989.78 compared to CNY 870,237,409.98 in the previous year, a reduction of 6.0%[30] - Management expenses increased significantly to CNY 19,399,853.23 in Q1 2024 from CNY 9,114,370.68 in Q1 2023[37] - Financial expenses decreased to CNY 1,064,617.96 in Q1 2024 from CNY 147,342,428.00 in Q1 2023[37] - Investment income for Q1 2024 is CNY 651,795,880.17, compared to CNY 595,393,448.48 in Q1 2023, reflecting a growth of 9.5%[37]