ZBD(SH:603567)2024-04-29 10:11Financial Performance - The company's operating revenue for Q1 2024 was CNY 1,117,297,002.98, representing a decrease of 27.09% compared to the same period last year[4] - Net profit attributable to shareholders of the listed company was CNY 293,365,824.90, an increase of 15.43% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 281,649,753.39, up 18.23% from the previous year[4] - Basic earnings per share were CNY 0.3123, an increase of 15.75% year-on-year[4] - Diluted earnings per share were CNY 0.3118, also up 15.55% compared to the same period last year[4] - The weighted average return on equity was 3.81%, an increase of 0.29 percentage points year-on-year[4] - The net profit for the current period is 293,272,864.09, an increase from 254,567,799.24 in the previous period, representing a growth of approximately 15.2%[50] - The total profit for the current period is 364,262,078.51, compared to 299,979,137.44 in the previous period, indicating an increase of about 21.4%[50] - The basic earnings per share (EPS) for the current period is 0.3123, up from 0.2698 in the previous period, reflecting a growth of approximately 15.7%[51] - The diluted EPS for the current period is 0.3118, also an increase from 0.2698 in the previous period, showing a growth of around 15.6%[51] Cash Flow - The net cash flow from operating activities was negative at CNY -103,296,907.81, reflecting an increase in outflow of 32.61% compared to last year[4] - In Q1 2024, the cash inflow from operating activities was CNY 451,288,232.60, a decrease of 64.0% compared to CNY 1,254,861,762.57 in Q1 2023[31] - The cash outflow from operating activities totaled CNY 554,585,140.41, down 60.7% from CNY 1,408,139,619.12 in the previous year[32] - The net cash flow from operating activities was negative at CNY -103,296,907.81, an improvement from CNY -153,277,856.55 in Q1 2023[32] - Cash inflow from financing activities was CNY 551,893,257.89, down 54.2% from CNY 1,205,000,000.00 in the previous year[32] - The company received CNY 550,000,000.00 in borrowings, a decrease from CNY 1,205,000,000.00 in Q1 2023[32] - The net cash flow from financing activities is 63,436,562.37, a significant improvement compared to -23,036,839.47 in the previous period[55] - The ending cash and cash equivalents balance is 1,365,772,528.81, up from 824,842,855.30 in the previous period, indicating a growth of approximately 65.5%[55] Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 12,880,364,470.24, a 3.32% increase from the end of the previous year[15] - Current assets totaled CNY 7,626,089,907.84, an increase of 6.4% from CNY 7,167,666,681.72 in the previous year[45] - Total liabilities amounted to CNY 4,546,366,012.75, an increase of 2.7% from CNY 4,425,219,914.44 in the previous year[45] - Total assets reached CNY 12,880,364,470.24, up from CNY 12,465,874,627.30, reflecting a growth of 3.3%[46] - Long-term investments increased to CNY 701,280,660.73, up from CNY 673,412,423.69, representing a growth of 4.0%[45] Expenses - Operating costs for Q1 2024 were CNY 680,916,308.96, down 44.4% from CNY 1,225,023,970.30 in Q1 2023[48] - Research and development expenses for Q1 2024 were CNY 3,957,691.13, a decrease of 71.8% compared to CNY 14,040,635.04 in Q1 2023[48] - The company reported a decrease in sales expenses to CNY 99,640,998.01, down 60.2% from CNY 250,719,922.47 in Q1 2023[48] Shareholder Information - The total number of common shareholders at the end of the reporting period was 24,767[38] - The largest shareholder, Heilongjiang Chuangda Group Co., Ltd., holds 50.00% of the shares[38] Other Income - The company reported non-operating income of CNY 13,018,283.66 from government subsidies related to normal business operations[35] - The company reported a fair value change gain of 71,171.66, contrasting with a loss of -25,254.46 in the previous period[50] - The company experienced credit impairment losses of -59,080,434.20, which is a decrease from -30,166,769.26 in the previous period, indicating an improvement in credit quality[50]