NANTIAN(000948)2024-04-25 11:18Financial Performance - The company's operating revenue for Q1 2024 was ¥1,959,875,443.80, representing a 5.35% increase compared to ¥1,860,353,451.17 in the same period last year[3]. - The net profit attributable to shareholders was a loss of ¥9,142,831.89, an improvement of 21.76% from a loss of ¥11,685,200.15 in the previous year[3]. - The company reported a significant increase in short-term borrowings, rising to CNY 390,899,776.23 in Q1 2024 from CNY 197,291,460.79 in Q1 2023, an increase of 97.83%[20]. - The total comprehensive income for the first quarter was -12,589,909.62 CNY, compared to -12,817,943.76 CNY in the previous period[24]. - Basic earnings per share for the quarter were -0.0236 CNY, an improvement from -0.0296 CNY in the previous period[24]. - Diluted earnings per share were -0.0232 CNY, also an improvement from -0.0296 CNY year-over-year[24]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥1,584,251,648.73, a decrease of 29.09% compared to -¥1,227,247,275.12 in the same period last year[3]. - Cash inflow from operating activities totaled 1,845,866,040.17 CNY, down from 2,105,560,020.62 CNY in the previous period[25]. - Cash outflow from operating activities was 3,430,117,688.90 CNY, compared to 3,332,807,295.74 CNY last year[27]. - The ending cash and cash equivalents balance was 927,320,860.41 CNY, down from 1,013,857,128.15 CNY in the previous year[27]. - The net cash flow from investing activities was 39,505,291.97 CNY, improving from -2,376,391.97 CNY in the previous period[27]. - The net cash flow from financing activities was 199,107,525.20 CNY, compared to 138,260,398.75 CNY in the previous period[27]. Assets and Liabilities - The company's total assets decreased by 15.95% to ¥8,286,377,015.21 from ¥9,859,326,298.13 at the end of the previous year[3]. - Total liabilities decreased to CNY 5,600,233,800.32 in Q1 2024 from CNY 7,203,000,705.72 in Q1 2023, a reduction of 22.24%[20]. - The company's cash and cash equivalents were not explicitly stated but are part of the total current assets, which decreased to CNY 7,370,689,851.31 from CNY 8,921,596,105.86, a decline of 17.38%[20]. - Accounts receivable decreased to 2,003,987,965.95 yuan from 2,127,475,138.27 yuan[18]. - Prepayments increased to 391,359,218.17 yuan from 314,061,753.42 yuan[18]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 63,411[13]. - The largest shareholder, Yunnan Provincial Industrial Investment Holding Group, holds 34.58% of shares, totaling 136,142,507 shares[13]. - The company has 289 individuals as incentive plan participants, with 5,019,244 restricted shares released for circulation on January 29, 2024[15]. - The total amount used for the repurchase of restricted shares was 4,824,512.76 yuan, affecting 615,710 shares, which is 0.1561% of the total share capital[16]. - The company’s total share capital decreased from 394,360,697 shares to 393,744,987 shares after the repurchase[16]. Operating Costs and Expenses - The company reported a 6.54% increase in operating costs, amounting to an increase of ¥10,773.99 million, primarily due to the expansion of financial technology and digital business[8]. - Total operating costs for Q1 2024 were CNY 1,968,873,966.08, up from CNY 1,863,208,639.93 in the same period last year, reflecting a rise of 5.67%[22]. - Research and development expenses increased to CNY 106,144,539.06 in Q1 2024, compared to CNY 96,340,311.39 in Q1 2023, marking a growth of 10.83%[23]. Government Support - The company received government subsidies amounting to ¥1,684,030.19 during the reporting period[4].