Financial Performance - The company's operating revenue for Q1 2024 was CNY 11,724,651,409.13, representing a 42.15% increase compared to CNY 8,248,067,064.69 in the same period last year[11] - The net profit attributable to shareholders for Q1 2024 was CNY 51,249,210.23, a decrease of 27.99% from CNY 71,164,831.66 in Q1 2023[11] - The company's basic earnings per share for Q1 2024 was CNY 0.0674, down 46.04% from CNY 0.1249 in Q1 2023[11] - The total operating profit for the current period is 62,685,114.45, a decrease of 22.9% compared to 81,343,259.48 in the previous period[38] - The net profit attributable to the parent company is 51,249,210.23, down 28.0% from 71,164,831.66 in the previous period[38] - The total comprehensive income for the current period is 49,571,618.27, slightly down from 49,868,446.38 in the previous period[41] Cash Flow - The net cash flow from operating activities for Q1 2024 was -CNY 369,942,936.15, which is a 211.16% decline compared to -CNY 118,890,048.89 in the previous year[11] - Cash flow from operating activities shows a net outflow of -369,942,936.15, worsening from -118,890,048.89 in the previous period[42] - Cash inflow from investment activities totals 500,442,326.57, compared to 205,534,775.89 in the previous period, indicating an increase of 143.5%[44] - Cash flow from financing activities shows a net inflow of 1,066,283,358.37, a significant improvement from -62,566,214.71 in the previous period[44] - The ending balance of cash and cash equivalents is 1,265,240,991.67, up from 506,886,031.43 in the previous period, reflecting an increase of 149.5%[44] - The company reported a foreign exchange impact on cash and cash equivalents of 1,983,107.42, compared to -4,129,112.43 in the previous period[44] Assets and Liabilities - The total assets at the end of Q1 2024 were CNY 24,007,893,133.79, reflecting a 5.74% increase from CNY 22,704,419,913.37 at the end of the previous year[11] - Current liabilities increased to ¥18,883,420,811.61 from ¥17,629,249,891.52, marking a rise of about 7.1%[31] - Non-current liabilities totaled ¥18,889,697.04, a slight decrease from ¥19,159,014.98, indicating a strategic focus on managing long-term debt[31] - The total equity attributable to shareholders increased to ¥5,105,582,625.14 from ¥5,056,011,006.87, reflecting a growth of approximately 1%[31] Shareholder Information - Total number of common shareholders at the end of the reporting period was 72,012[21] - The largest shareholder, China Electronics International Information Service Co., held 31.34% of shares, totaling 238,180,452 shares[21] - The top 10 shareholders accounted for a significant portion of the total share capital, with the largest shareholder holding over 31%[21] Operational Metrics - The company's financial assets increased by 81.52% to CNY 20,013,720.00 due to changes in the fair value of uncompleted foreign exchange hedging transactions[17] - The accounts receivable financing increased by 184.25% to CNY 324,893,837.84, indicating a rise in customer settlements using bank acceptance bills[17] - The company reported a significant increase in accounts payable by 34.27% to CNY 3,746,868,450.11, attributed to increased customer demand and procurement volume[17] - The company experienced a 1804.25% increase in net cash flow from financing activities, reaching CNY 1,066,283,358.37, due to expanded financing scale and increased bank loans[17] - The company reported a 240.10% increase in fair value gains to CNY 11,382,172.04 from uncompleted foreign exchange hedging transactions[17] Research and Development - Research and development expenses for the current period were ¥18,230,154.38, down from ¥23,251,608.95, indicating a potential shift in investment strategy[32] Other Information - The company has not disclosed any new product developments or market expansion strategies in the current report[27] - The company has not undergone an audit for the first quarter report[45]
中电港(001287) - 2024 Q1 - 季度财报