Zoomlion(01157)2024-04-29 08:56Financial Performance - For Q1 2024, Zoomlion reported operating revenue of RMB 11,773,145,944.65, a 12.93% increase compared to RMB 10,425,507,345.20 in the same period last year[11]. - Net profit attributable to shareholders reached RMB 915,819,266.53, reflecting a growth of 13.06% from RMB 810,064,655.82 year-on-year[11]. - The net profit after deducting non-recurring gains and losses was RMB 777,492,556.78, which is a 19.45% increase from RMB 650,914,784.87 in the previous year[11]. - Operating profit for the current period reached RMB 1,169,999,504.05, an increase of 25.4% compared to RMB 932,750,887.64 in the previous period[32]. - Total comprehensive income for the current period was RMB 708,224,924.45, a decrease of 22% from RMB 906,862,178.50 in the previous period[34]. - Basic and diluted earnings per share both increased to RMB 0.11 from RMB 0.10 in the previous period[34]. Cash Flow and Investments - Cash flow from operating activities showed a net increase of 7.36%, amounting to RMB 307,030,468.77 compared to RMB 285,973,243.10 in the same quarter last year[11]. - Cash flow from investing activities resulted in a net outflow of RMB 971,086,637.97, an improvement from a net outflow of RMB 1,222,069,953.66 in the previous period[39]. - Cash flow from financing activities showed a net outflow of RMB 1,373,411,774.19, compared to a net inflow of RMB 137,133,656.38 in the previous period[39]. - The company reported a significant increase in cash received from sales, totaling RMB 10,178,701,315.21, down from RMB 11,777,322,372.82 in the previous period[37]. - The ending cash and cash equivalents balance decreased to RMB 11,545,478,661.80 from RMB 13,004,327,457.18 in the previous period[41]. Assets and Liabilities - The company’s total assets at the end of the reporting period were RMB 132,991,760,629.60, up 1.63% from RMB 130,862,389,408.99 at the beginning of the period[14]. - Total liabilities rose to RMB 72,945,330,233.31 from RMB 71,695,112,198.09, representing a growth of 1.74%[29]. - Long-term borrowings increased to RMB 16,822,900,877.72, up from RMB 14,944,417,590.31, indicating a growth of 12.55%[29]. - Total non-current assets reached RMB 53,902,013,475.89, compared to RMB 52,891,229,519.13 at the beginning of the period, marking an increase of 1.91%[27]. - The total equity attributable to shareholders increased to RMB 57,199,305,880.98 from RMB 56,407,020,348.19, reflecting a growth of 1.40%[29]. Revenue Breakdown - Revenue from domestic operations decreased by 9.32% to RMB 6,070,573,879.33, while overseas revenue increased by 52.85% to RMB 5,702,572,065.32, with export revenue rising by 60.95%[14]. - Total operating costs amounted to RMB 10,583,718,135.84, reflecting a rise of 10.45% from RMB 9,582,147,601.15 in the prior period[31]. Research and Development - Research and development expenses for the current period were RMB 665,436,138.10, slightly up from RMB 645,455,754.47 in the previous period, indicating a 3.73% increase[31]. Other Financial Indicators - The basic earnings per share increased by 10.00% to RMB 0.11 from RMB 0.10 in the previous year[11]. - The weighted average return on net assets improved to 1.62%, up from 1.48% year-on-year[11]. - Significant changes in financial indicators included a 81.04% increase in accounts receivable notes due to an increase in commercial acceptance bills[20]. - The company reported a net investment loss of RMB 11,751,143.95, compared to a gain of RMB 25,707,566.07 in the previous period[31]. - Deferred income tax assets rose to RMB 2,427,047,891.36 from RMB 2,302,752,231.66, an increase of 5.42%[29]. - Other comprehensive income after tax for the current period was negative RMB 312,252,847.98, compared to positive RMB 48,112,438.70 in the previous period[32]. Future Plans - The company plans to continue expanding its overseas market presence and enhance its product development capabilities[14].