中航沈飞(600760) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥9,493,083,937.56, representing a year-on-year increase of 3.47%[4] - The net profit attributable to shareholders for Q1 2024 was ¥716,118,940.49, reflecting an increase of 11.58% compared to the same period last year[4] - The basic earnings per share for Q1 2024 was ¥0.26, which is an increase of 13.04% year-on-year[4] - Total operating revenue for Q1 2024 reached ¥9,493,083,937.56, an increase of 3.5% compared to ¥9,175,131,296.33 in Q1 2023[17] - Net profit for Q1 2024 was ¥714,287,677.14, compared to ¥637,474,151.63 in Q1 2023, representing a growth of 12.1%[18] - The company reported a profit before tax of ¥834,624,472.91 for Q1 2024, compared to ¥734,075,244.74 in Q1 2023, marking an increase of 13.7%[18] - The company recorded a tax expense of ¥120,336,795.77 for Q1 2024, compared to ¥96,601,093.11 in Q1 2023, an increase of 24.5%[18] - The company's net profit for Q1 2024 was CNY 688,169.26, a significant increase from CNY 144,608.40 in Q1 2023, representing a growth of approximately 376.5%[25] Cash Flow - The net cash flow from operating activities for Q1 2024 was -¥7,274,639,590.94, indicating a significant cash outflow[4] - In Q1 2024, the company reported cash inflows from operating activities of CNY 1,435,331,078.27, a decrease of 71.7% compared to CNY 5,063,801,671.01 in Q1 2023[19] - The net cash outflow from operating activities was CNY -7,274,639,590.94, compared to CNY -412,500,107.30 in the same period last year, indicating a significant decline in operational cash flow[19] - The company recorded cash outflows for purchasing goods and services amounting to CNY 7,067,266,414.43, which is a 162.5% increase from CNY 2,696,521,750.78 in Q1 2023[19] - The net cash flow from investing activities was CNY -323,417,639.04, compared to CNY -53,342,846.87 in Q1 2023, reflecting increased investment expenditures[20] - Cash inflows from financing activities totaled CNY 100,000,000.00, a decrease from CNY 285,246,760.00 in the previous year[20] - The company reported a net cash decrease of CNY -7,510,524,503.08 in Q1 2024, compared to CNY -185,244,292.87 in Q1 2023, indicating a substantial cash outflow[20] Assets and Liabilities - The total assets as of the end of Q1 2024 were ¥49,330,259,242.84, a decrease of 11.06% from the end of the previous year[5] - The company's total current assets as of March 31, 2024, amount to ¥40,435,167,892.50, a decrease from ¥46,598,699,081.30 at the end of 2023[14] - The total assets of the company are ¥49,330,259,242.84, down from ¥55,466,437,662.06 at the end of 2023[15] - The total liabilities decreased to ¥32,299,465,903.16 in Q1 2024 from ¥39,208,830,722.93 in Q1 2023, a reduction of approximately 17.7%[16] - The total liabilities amounted to CNY 352,181,910.06, compared to CNY 351,740,255.86 in the previous year, indicating a slight increase in liabilities[22] - The company’s total liabilities and equity amounted to CNY 8,936,697,125.88 in Q1 2024, slightly higher than CNY 8,934,397,787.76 in the previous quarter[23] Shareholder Information - The total number of common shareholders at the end of the reporting period is 95,256[10] - The largest shareholder, China Aviation Industry Group Co., Ltd., holds 1,814,336,215 shares, representing 65.84% of total shares[10] Expenses - Total operating costs for Q1 2024 were ¥8,630,657,080.66, up from ¥8,444,698,741.39 in Q1 2023, reflecting a year-over-year increase of 2.2%[17] - Research and development expenses for Q1 2024 were ¥107,199,351.17, down from ¥149,566,553.53 in Q1 2023, a decrease of 28.4%[17] - The company incurred management expenses of CNY 286,337.86 in Q1 2024, compared to CNY 174,339.62 in Q1 2023, reflecting an increase of approximately 64.3%[24] - The financial expenses for Q1 2024 were reported at CNY -3,935,754.62, a significant increase from CNY -60,986.34 in Q1 2023[24] Inventory and Receivables - The accounts receivable increased by 42.98%, totaling an increase of ¥306,191.39 million, mainly due to increased product sales[8] - Accounts receivable increased to ¥10,185,631,883.55 from ¥7,123,717,947.44[14] - Inventory decreased to ¥7,054,648,708.84 from ¥11,649,717,014.20[14]