SFHY(000631)2024-04-24 13:24Financial Performance - The company's operating revenue for Q1 2024 was ¥94,329,633.80, representing a 59.47% increase compared to ¥59,153,652.31 in the same period last year[5]. - The net profit attributable to shareholders decreased by 22.03% to ¥14,320,176.39 from ¥18,366,634.47 year-on-year[5]. - The company's basic earnings per share remained unchanged at ¥0.01, with a diluted earnings per share also at ¥0.01[5]. - Net profit for Q1 2024 was CNY 16,069,203.48, a decrease of 21.5% from CNY 20,466,284.26 in Q1 2023[19]. - The company's total equity attributable to shareholders of the parent company rose to CNY 5,899,597,864.80, compared to CNY 5,883,156,449.47, marking a slight increase of 0.3%[17]. - The company's investment income for Q1 2024 was CNY 10,652,382.23, down from CNY 12,112,052.74, a decline of 12.0%[19]. - Basic and diluted earnings per share remained at CNY 0.01 for both Q1 2024 and Q1 2023, indicating stability in earnings per share despite fluctuations in net profit[20]. Cash Flow - The net cash flow from operating activities was negative at -¥93,553,815.79, a decline of 226.05% compared to -¥28,693,202.50 in the previous year[11]. - The net cash flow from financing activities was 312,461,951.58 yuan, compared to -10,607,569.56 yuan in the previous period, showing a positive turnaround[22]. - The net cash flow from investment activities was -233,384.00 yuan, a sharp decline from 45,062,282.94 yuan in the previous period[22]. - The net increase in cash and cash equivalents for the period was 218,674,751.79 yuan, significantly higher than 5,761,510.88 yuan in the previous period[22]. - The ending balance of cash and cash equivalents was 2,098,232,346.56 yuan, compared to 2,284,152,181.12 yuan at the end of the previous period[22]. Assets and Liabilities - Total assets increased by 3.11% to ¥7,001,527,768.36 from ¥6,790,103,343.47 at the end of the previous year[5]. - The company's total liabilities increased to CNY 1,037,806,357.32 from CNY 844,634,700.78, reflecting a growth of 22.9%[17]. - The total current assets reached RMB 6,161,134,878.53, up from RMB 5,955,855,063.13, representing an increase of about 3.5%[16]. - Non-current assets totaled RMB 840,392,889.83, slightly up from RMB 834,248,280.34, indicating a growth of around 0.5%[16]. - The company's cash and cash equivalents increased to RMB 5,143,744,839.28 from RMB 4,925,070,081.18, reflecting a growth of approximately 4.4%[16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 35,106[12]. - The largest shareholder, Wanxiang Group, holds 62.28% of the shares, totaling 1,491,831,780 shares[12]. - The company plans to repurchase 150,000,072 shares, accounting for 6.26% of the total share capital, for the 2024 employee stock ownership plan[14]. - The share repurchase price was set at RMB 2.22 per share[14]. - The company held 55,311,694 shares in its repurchase account, representing 2.31% of the total share capital[16]. - The company’s major shareholders do not have any related party relationships among the top ten shareholders[16]. Operating Costs and Expenses - The company’s operating costs rose by 105.93% to ¥65,885,879.19, primarily due to the cost recognition from property deliveries[10]. - Total operating costs for Q1 2024 were CNY 84,771,742.42, up 94.3% from CNY 43,641,650.96 in Q1 2023[19]. - The company reported a decrease in sales expenses to CNY 4,518,256.62 from CNY 4,406,454.70, reflecting a marginal increase of 2.5%[19].