XJEC(000400)2024-04-29 13:22Revenue and Profit - Revenue for the first quarter of 2024 was 2.809 billion yuan, a decrease of 15.09% compared to the same period last year[4] - Net profit attributable to shareholders of the listed company was 237.16 million yuan, an increase of 47.39% year-on-year[4] - The company's comprehensive gross profit margin improved, contributing to the increase in net profit[9] - Total operating revenue decreased to 2.81 billion yuan from 3.31 billion yuan, a decline of 15.08%[18] - Operating profit increased to 295.43 million yuan from 226.22 million yuan, a growth of 30.59%[18] - Net profit attributable to the parent company increased to 302.34 million yuan from 228.80 million yuan, a growth of 32.15%[18] - Net profit attributable to the parent company's owners was RMB 237.16 million, an increase from RMB 160.91 million in the previous period[19] - Total comprehensive income for the period was RMB 263.35 million, compared to RMB 189.67 million in the previous period[19] - Basic earnings per share (EPS) were RMB 0.2352, up from RMB 0.1596 in the previous period[19] Cash Flow and Financial Activities - Net cash flow from operating activities was 260.31 million yuan, a significant increase of 401.81% compared to the same period last year[4] - Cash received from sales of goods and services was RMB 3.27 billion, an increase from RMB 2.52 billion in the previous period[20] - Cash inflows from operating activities totaled RMB 3.46 billion, compared to RMB 2.69 billion in the previous period[21] - Cash outflows from operating activities were RMB 3.20 billion, up from RMB 2.77 billion in the previous period[21] - Net cash flow from operating activities was RMB 260.31 million, a significant improvement from a net outflow of RMB 86.25 million in the previous period[21] - Net cash flow from investing activities was a negative RMB 26.74 million, compared to a negative RMB 36.09 million in the previous period[21] - Net cash flow from financing activities was a negative RMB 1.25 million, compared to a negative RMB 257.42 million in the previous period[21] - The ending balance of cash and cash equivalents was RMB 5.18 billion, up from RMB 3.21 billion in the previous period[21] Assets and Liabilities - Total assets as of March 31, 2024, were 22.38 billion yuan, an increase of 2.18% compared to the end of the previous year[4] - Total assets increased to 22.38 billion yuan from 21.90 billion yuan, a growth of 2.18%[16] - Total liabilities increased to 10.41 billion yuan from 10.21 billion yuan, a growth of 1.94%[16] - Total equity increased to 11.97 billion yuan from 11.69 billion yuan, a growth of 2.39%[17] - The monetary funds at the end of the period amount to 5,238,179,989.04 yuan, an increase from 5,015,936,284.10 yuan at the beginning of the period[14] - Accounts receivable at the end of the period amount to 7,316,834,574.06 yuan, slightly up from 7,225,308,071.28 yuan at the beginning of the period[14] - Inventory at the end of the period is 2,757,022,531.41 yuan, compared to 2,708,435,233.16 yuan at the beginning of the period[14] - Total current assets at the end of the period are 18,224,174,267.61 yuan, up from 17,829,319,103.39 yuan at the beginning of the period[14] - Fixed assets at the end of the period are 1,737,862,259.11 yuan, a slight decrease from 1,760,895,991.12 yuan at the beginning of the period[14] - Intangible assets at the end of the period are 771,442,604.01 yuan, down from 796,436,518.44 yuan at the beginning of the period[14] - Other non-current assets increased to 717.72 million yuan from 580.43 million yuan, a growth of 23.65%[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 52,841[10] - China Electric Equipment Group Co., Ltd. holds 37.91% of the shares, totaling 386,286,454 shares[10] - Hong Kong Securities Clearing Company Limited holds 7.30% of the shares, totaling 74,427,240 shares[10] Other Financial Metrics - Contract liabilities increased by 43.15% to 1.95 billion yuan, mainly due to an increase in advance receipts[8] - Other income increased by 149.27% to 46.62 million yuan, primarily due to the impact of the advanced manufacturing industry's input tax deduction policy[8] - The company received 34.81 million yuan in input tax deductions, which positively impacted financial performance[7] - The fair value change of other equity instrument investments decreased by 195.63%, mainly due to market price fluctuations[9] - The company's weighted average return on equity increased by 0.64 percentage points to 2.19%[4] - Research and development expenses decreased to 84.25 million yuan from 90.52 million yuan, a decline of 6.93%[18] - Contract liabilities increased to 1.95 billion yuan from 1.36 billion yuan, a growth of 43.16%[16]