GCLET(002015)2024-04-25 14:51Financial Performance - The company's operating revenue for Q1 2024 was CNY 2,414,203,798.98, a decrease of 11.09% compared to CNY 2,715,330,074.00 in the same period last year[3]. - Net profit attributable to shareholders was CNY 187,673,737.95, down 39.58% from CNY 310,601,033.38 year-on-year[3]. - Basic earnings per share decreased by 38.08% to CNY 0.1187 from CNY 0.1917 in the same period last year[3]. - The company reported a decrease in investment income by 67.50% to CNY 62,457,596.75, attributed to lower equity disposal gains compared to the previous year[6]. - Net profit for the current period is approximately ¥208.29 million, a decrease of 33.7% from ¥314.23 million in the previous period[22]. Cash Flow - The net cash flow from operating activities was CNY 213,153,885.26, a significant decline of 61.93% compared to CNY 559,880,939.35 in the previous year[3]. - Cash flow from operating activities generated ¥213.15 million, down 62.0% from ¥559.88 million in the previous period[24]. - The net cash flow from financing activities increased by 399.88% to CNY 1,191,288,894.56, mainly due to increased cash received from borrowings[6]. - Total cash inflow from financing activities reached CNY 3,308,968,550.66, compared to CNY 1,708,979,373.98 in the previous year, marking an increase of approximately 93.5%[25]. - The net increase in cash and cash equivalents for the quarter was CNY 783,646,174.64, compared to CNY 183,407,320.15 in the same quarter last year[25]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 36,227,446,878.45, an increase of 6.59% from CNY 33,986,935,227.11 at the end of the previous year[3]. - Current assets rose to CNY 11,566,571,430.51 from CNY 9,542,429,145.16, marking an increase of about 21.2%[19]. - Total liabilities increased to CNY 22,916,869,121.13 from CNY 20,242,692,678.88, which is an increase of about 13.2%[19]. - The company's accounts receivable grew to CNY 4,950,861,228.50 from CNY 4,206,860,410.84, representing an increase of approximately 17.7%[18]. - The company's long-term borrowings and bonds payable increased to CNY 7,192,181,996.57 from CNY 6,183,234,708.01, marking an increase of about 16.3%[19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 61,860, with the top 10 shareholders holding 42.72% of the shares[7]. - Tianjin Qichen Investment Management Co., Ltd. held 693,413,333 shares, representing 42.72% of the total shareholding[9]. - The top 10 shareholders collectively held 42.72% of the total share capital, with no shares involved in margin trading[10]. - The company reported that the number of shares held by the top 10 unrestricted shareholders was 693,413,333[8]. Research and Development - The company's R&D expenses increased by 121.59% to CNY 6,872,909.36, reflecting higher investment in new business development[6]. Operational Highlights - The installed capacity of renewable energy reached 51.74% of the total installed capacity of 4,215.27 MW, with a quarter-on-quarter increase of 8.34%[12]. - The company added 10,767 household photovoltaic shipments, totaling 334.6 MW, and 6,336 new grid connections, totaling 179.5 MW in Q1 2024[12]. - The company launched a supercharging station with a total capacity of 2,152 kW, capable of charging 47 electric vehicles simultaneously[14]. - The company has initiated 1.8 GW/3.6 GWh of new independent energy storage projects and 5.5 MW/11 MWh of new commercial energy storage projects in Q1 2024[12]. - The company is actively involved in carbon asset management and has achieved carbon neutrality certification for the Suzhou Xiexin Shangri-La Hotel in Q1 2024[15]. Other Information - The company has not disclosed any new product developments or market expansion strategies in this report[8]. - There is no mention of future outlook or performance guidance in the provided content[8]. - The first quarter report was not audited[26].