国电南瑞(600406) - 2024 Q1 - 季度财报

Financial Performance - Revenue for Q1 2024 reached RMB 7,698,604,338.72, a 24.25% increase compared to the same period last year[4] - Net profit attributable to shareholders of the listed company was RMB 595,659,762.31, up 13.69% year-over-year[4] - Net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 548,072,590.94, a 16.38% increase year-over-year[4] - Basic and diluted earnings per share were both RMB 0.07, representing a 13.46% and 13.34% increase respectively[5] - Total revenue for Q1 2024 reached RMB 7,698,604,338.72, a 24.3% increase compared to RMB 6,196,045,549.78 in Q1 2023[22] - Operating costs for Q1 2024 were RMB 7,227,444,340.06, up 23.6% from RMB 5,847,352,855.46 in Q1 2023[22] - R&D expenses increased to RMB 702,461,573.77 in Q1 2024, a 15.5% rise from RMB 608,394,555.86 in Q1 2023[22] - Net profit for the first quarter of 2024 was 604,258,691.00 RMB, an increase from 522,611,424.80 RMB in the same period last year[23] - Operating profit for the first quarter of 2024 was 709,443,980.49 RMB, compared to 618,389,445.15 RMB in the first quarter of 2023[23] - Total comprehensive income for the first quarter of 2024 was 598,282,760.66 RMB, up from 539,645,028.40 RMB in the same period last year[24] - Revenue from sales of goods and services in the first quarter of 2024 was 10,514,420,521.80 RMB, up from 8,247,891,066.05 RMB in the same period last year[25] - Payments for goods and services in the first quarter of 2024 were 8,607,164,651.88 RMB, compared to 7,871,465,321.07 RMB in the first quarter of 2023[25] - Basic and diluted earnings per share for the first quarter of 2024 were both 0.07 RMB, unchanged from the same period last year[24] Assets and Liabilities - Total assets at the end of the reporting period were RMB 83,146,329,522.61, a decrease of 3.57% compared to the end of the previous year[5] - Equity attributable to shareholders of the listed company increased by 0.93% to RMB 47,630,237,039.75 compared to the end of the previous year[5] - Total assets as of March 31, 2024, were RMB 83,146,329,522.61, a decrease of 3.6% from RMB 86,220,453,624.85 at the end of 2023[21] - Cash and cash equivalents decreased to RMB 14,890,618,759.57 as of March 31, 2024, down 11.1% from RMB 16,750,152,852.00 at the end of 2023[18] - Accounts receivable decreased to RMB 24,423,393,703.96 as of March 31, 2024, a 7.7% reduction from RMB 26,460,358,283.13 at the end of 2023[18] - Inventory increased to RMB 11,229,548,575.17 as of March 31, 2024, up 14.5% from RMB 9,804,350,397.53 at the end of 2023[18] - Total liabilities decreased to RMB 32,223,409,784.36 as of March 31, 2024, down 9.9% from RMB 35,753,974,792.57 at the end of 2023[21] - Net profit attributable to shareholders increased to RMB 30,812,229,230.61 as of March 31, 2024, up 2.0% from RMB 30,216,569,468.30 at the end of 2023[21] - Short-term borrowings increased to RMB 409,581,788.34 as of March 31, 2024, up 6.3% from RMB 385,460,465.57 at the end of 2023[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 65,440[10] - NARI Group holds 4,135,564,206 shares, accounting for 51.48% of the total shares[10] - Hong Kong Securities Clearing Company holds 1,338,939,757 shares, accounting for 16.67% of the total shares[10] - State Grid Electric Power Research Institute holds 434,994,232 shares, accounting for 5.42% of the total shares[10] - China Securities Finance Corporation holds 237,343,866 shares, accounting for 2.95% of the total shares[10] - Shen Guorong holds 193,210,004 shares, accounting for 2.41% of the total shares[10] - Central Huijin Asset Management holds 76,410,317 shares, accounting for 0.95% of the total shares[10] Cash Flow - Operating cash flow improved significantly due to increased collections compared to the same period last year[9] - Cash flow from operating activities for the first quarter of 2024 was -900,134,161.41 RMB, an improvement from -2,037,626,151.88 RMB in the first quarter of 2023[25] - Cash flow from investing activities for the first quarter of 2024 was -642,511,314.27 RMB, compared to -213,331,422.09 RMB in the same period last year[26] - Cash flow from financing activities for the first quarter of 2024 was -335,725,599.99 RMB, compared to -62,929,451.78 RMB in the first quarter of 2023[26] - Net cash and cash equivalents at the end of the first quarter of 2024 were 14,738,971,551.64 RMB, down from 16,614,200,604.97 RMB at the beginning of the quarter[27] Acquisitions and Investments - The company completed the acquisition of a controlling stake in Guowang Ruijia (Tianjin) Intelligent Robot Co., Ltd., increasing its shareholding from 40% to 52.63%[6] - The company increased its equity stake in Guowang Ruijia (Tianjin) Intelligent Robot Co., Ltd. from 40% to 52.63% through a directed capital reduction[15] - The company's subsidiaries increased their registered capital through the conversion of surplus reserves and undistributed profits, with total increases of 400 million RMB and 103.1 million RMB respectively[15] Non-Recurring Items - Non-recurring gains and losses for the period amounted to RMB 47,587,171.37, including government subsidies of RMB 27,126,460.35 and financial asset gains of RMB 31,967,691.91[8] Share Repurchase and Cancellation - The company repurchased and canceled 208,901 restricted shares from 12 individuals who no longer met the requirements of the restricted stock incentive plan[15]