Financial Performance - The company's operating revenue for Q1 2024 reached RMB 8,835,664,711, representing a year-on-year increase of 25.29%[3] - Net profit attributable to shareholders for the same period was RMB 1,387,825,463, reflecting a significant growth of 51.76% compared to the previous year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 1,517,878,496, which is an increase of 72.89% year-on-year[3] - The basic and diluted earnings per share both stood at RMB 0.53, marking a 51.43% increase from the same period last year[3] - The total profit for the reporting period was RMB 169,460.39 million, showing a growth of 52.17% year-on-year[5] - The net profit for Q1 2024 was CNY 1,694,603,855, up from CNY 1,113,609,069 in Q1 2023, which is an increase of around 52.05%[18] - Comprehensive income attributable to the parent company for Q1 2024 was CNY 1,435,367,256, up from CNY 804,125,736 in Q1 2023, reflecting an increase of 78.5%[20] Assets and Liabilities - The total assets of the company at the end of the reporting period were RMB 59,664,416,575, up 5.36% from the end of the previous year[4] - The total current assets as of March 31, 2024, amounted to CNY 36,007,772,017, an increase from CNY 33,536,371,292 as of December 31, 2023, reflecting a growth of approximately 7.4%[11] - Total assets reached CNY 59,664,416,575 as of March 31, 2024, compared to CNY 56,630,407,495 at the end of 2023, marking an increase of about 5.4%[12] - The company's total liabilities increased to CNY 26,817,726,992 as of March 31, 2024, up from CNY 25,219,085,168 as of December 31, 2023, representing a growth of approximately 6.34%[14] - Current liabilities rose to CNY 15,627,415,582, compared to CNY 15,102,799,113 at the end of 2023, marking an increase of about 3.47%[14] - The company's total equity increased to CNY 27,459,387,629 as of March 31, 2024, compared to CNY 23,970,376,407 at the end of December 2023, indicating an increase of about 14.3%[32] Shareholder Information - The number of shareholders as of March 31, 2024, totaled 128,185, comprising 128,142 A-share shareholders and 43 H-share shareholders[8] - The number of shares held by the top shareholder, HKSCC NOMINEES LIMITED, is 595,877,144, accounting for 22.83% of total shares[10] - The second-largest shareholder, Hong Kong Central Clearing Limited, holds 491,326,444 shares, representing 18.83% of total shares[10] Cash Flow - Cash inflow from operating activities in Q1 2024 was CNY 8,780,538,631, an increase from CNY 7,870,131,021 in Q1 2023, representing an increase of 11.5%[23] - Cash outflow from operating activities in Q1 2024 totaled CNY 7,480,338,806, compared to CNY 6,462,505,336 in Q1 2023, indicating a rise of 15.7%[24] - Net cash flow from operating activities for Q1 2024 was CNY 1,300,199,825, a decrease of 7.6% from CNY 1,407,625,685 in Q1 2023[24] - Cash inflow from investment activities in Q1 2024 was CNY 1,036,251,255, compared to CNY 7,337,718 in Q1 2023[25] - Cash outflow from investment activities in Q1 2024 was CNY 2,059,410,287, up from CNY 1,241,959,683 in Q1 2023, reflecting a 65.8% increase[25] - Cash inflow from financing activities in Q1 2024 was CNY 4,406,444,333, down from CNY 5,998,700,000 in Q1 2023, a decrease of 26.5%[25] Research and Development - Research and development expenses for Q1 2024 totaled CNY 375,899,900, compared to CNY 301,113,334 in Q1 2023, reflecting a growth of approximately 24.77%[17] - Research and development expenses increased to CNY 41,104,473, a 60% rise compared to CNY 25,579,432 in Q1 2023[33] Other Income - The company reported a significant increase in other income to CNY 115,164,481 in Q1 2024, compared to CNY 50,649,522 in Q1 2023, marking a growth of about 127.59%[18] - Other comprehensive income increased to CNY 223,973,308 from CNY 176,931,220, showing a growth of about 26.52%[15] - Other comprehensive income attributable to the parent company for Q1 2024 was CNY 47,042,088, a recovery from a loss of CNY 110,316,106 in Q1 2023[20]
福耀玻璃(03606) - 2024 Q1 - 季度业绩