Financial Performance - Operating revenue for Q1 2024 was CNY 6,105,433,969.17, a decrease of 32.11% compared to the same period last year[6]. - Net profit attributable to shareholders for Q1 2024 was CNY 2,291,192,821.36, down 29.39% year-on-year[6]. - Basic earnings per share for Q1 2024 were CNY 0.24, reflecting a decline of 31.43% compared to the previous year[6]. - The diluted earnings per share for Q1 2024 were CNY 0.23, down 34.29% year-on-year[6]. - Total operating revenue for Q1 2024 was approximately ¥3.55 billion, a decrease of 41.5% compared to ¥6.06 billion in Q1 2023[27]. - Total profit for Q1 2024 was ¥1.98 billion, down 44.9% from ¥3.61 billion in Q1 2023[28]. - Net profit for Q1 2024 was ¥2.05 billion, a decrease of 34.1% compared to ¥3.11 billion in Q1 2023[28]. - Total comprehensive income for Q1 2024 was RMB 2,451,013,293.65, a decrease of 19.8% from RMB 3,055,727,503.08 in Q1 2023[22]. Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 862,622,619,994.95, a decrease of 4.74% from the end of the previous year[7]. - The total assets decreased to ¥862,622,619,994.95 from ¥905,508,388,594.64, indicating a decline of about 4.7%[19]. - The total liabilities decreased to ¥677,900,931,634.96 from ¥723,290,956,625.83, reflecting a reduction of approximately 6.3%[18]. - Total liabilities decreased to CNY 519.24 billion from CNY 528.43 billion, a reduction of about 1.89%[26]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 230,499[11]. - Jiangsu Guoxin Group Co., Ltd. held 1,373,481,636 shares, accounting for 15.21% of total shares[11]. - The top ten shareholders collectively held a significant portion of the company's shares, with the largest shareholder holding over 15%[12]. - The company has a total of 223,614 A-share shareholders and 6,885 H-share registered shareholders as of the end of the reporting period[13]. - The total share capital after the cancellation of 45,278,495 A-shares is 9,029,384,840 shares, with A-shares accounting for 81% and H-shares for 19%[15]. Cash Flow - Cash flow from operating activities for Q1 2024 was CNY 31,561,978,337.69, not applicable for year-on-year comparison[6]. - In Q1 2024, the net cash flow from operating activities was ¥31,561,978,337.69, a significant improvement compared to a net outflow of ¥37,755,343,658.31 in Q1 2023[23]. - Total cash inflow from operating activities reached ¥81,319,519,428.14, compared to ¥33,689,029,145.80 in the same period last year, indicating a substantial increase[23]. - Cash outflows from operating activities decreased to ¥49,757,541,090.45 from ¥71,444,372,804.11 year-over-year[23]. - The net cash flow from investment activities was -¥675,347,678.38, an improvement from -¥5,186,525,706.54 in Q1 2023[24]. - Cash inflow from investment activities totaled ¥5,469,808,100.72, slightly down from ¥5,619,457,152.19 in the previous year[24]. - Cash outflows from investment activities decreased significantly to ¥6,145,155,779.10 from ¥10,805,982,858.73 year-over-year[24]. - The net cash flow from financing activities was -¥20,955,155,720.61, compared to a positive inflow of ¥10,364,793,688.36 in Q1 2023[24]. Investment and Income - The decrease in operating revenue was primarily due to a reduction in investment business income[9]. - Investment income fell by 85.14% to ¥939,296,842.21 from ¥6,319,462,816.29 mainly due to a decrease in realized gains from investment activities[10]. - Other business income increased by 164.55% to ¥414,155,980.89 from ¥156,549,441.95 due to an increase in bulk commodity sales[10]. - The company reported a significant increase in net income attributable to minority shareholders, rising to RMB 89,932,479.01 from RMB 33,052,323.80, an increase of 172.5%[22]. Changes in Financial Position - Shareholders' equity attributable to the parent company increased to CNY 181,509,191,970.22, up 1.34% from the previous year[7]. - The company's total equity increased to ¥184,721,688,359.99 from ¥182,217,431,968.81, reflecting a growth of approximately 1.4%[19]. - The company's retained earnings rose to CNY 28.61 billion from CNY 26.56 billion, an increase of approximately 7.7%[26]. - The company's financial investments in trading assets decreased to ¥371,397,006,504.05 from ¥413,459,996,784.64, a decline of about 10.2%[17]. Management and Strategic Changes - The company appointed a new general manager for its wholly-owned subsidiary, indicating a strategic management change[15].
HTSC(06886) - 2024 Q1 - 季度业绩