JZEG(000937)2024-04-26 08:27Financial Performance - The company's operating revenue for Q1 2024 was ¥5,332,769,797.58, a decrease of 32.71% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥708,201,226.21, representing a decline of 73.83% year-on-year[5]. - The net cash flow from operating activities was ¥307,697,741.84, down 68.92% from the previous year[5]. - Total operating revenue for Q1 2024 was ¥5,332,769,797.58, a decrease of 32.7% compared to ¥7,924,881,240.15 in the same period last year[15]. - Net profit for Q1 2024 was ¥1,112,297,077.13, a decline of 67.2% compared to ¥3,388,320,395.16 in Q1 2023[15]. - The net profit attributable to the parent company for Q1 2024 is ¥708,201,226.21, a decrease of 73.8% compared to ¥2,706,269,760.09 in Q1 2023[16]. - The total comprehensive income for Q1 2024 is ¥863,178,667.02, down 70.1% from ¥2,888,164,821.78 in the same period last year[16]. - The basic and diluted earnings per share for Q1 2024 are both ¥0.2004, a decline of 73.8% from ¥0.7659 in Q1 2023[16]. Assets and Liabilities - The total assets at the end of the reporting period were ¥54,602,551,908.11, an increase of 4.35% compared to the end of the previous year[5]. - The total assets increased to ¥54,602,551,908.11 in Q1 2024, up from ¥52,328,007,120.28 in Q1 2023, reflecting a growth of 4.3%[14]. - Total liabilities rose to ¥28,041,145,430.85, an increase of 5.1% from ¥26,688,604,229.25 in the previous year[14]. - The equity attributable to shareholders of the parent company reached ¥23,290,330,060.12, up 3.4% from ¥22,511,951,763.35 in Q1 2023[14]. Cash Flow - Cash inflows from operating activities for Q1 2024 amount to ¥5,473,605,118.83, a decrease of 29.0% from ¥7,720,950,373.97 in Q1 2023[17]. - The net cash flow from operating activities for Q1 2024 is ¥307,697,741.84, down 68.9% from ¥990,045,615.30 in Q1 2023[18]. - Cash inflows from financing activities for Q1 2024 are ¥6,404,982,670.07, an increase of 36.6% from ¥4,689,009,756.94 in Q1 2023[18]. - The net cash flow from financing activities for Q1 2024 is ¥1,652,700,865.12, compared to -¥413,780,225.24 in Q1 2023[18]. Investments and Shareholder Information - The company reported a significant increase in the balance of construction in progress, which rose by 40.77% to ¥1,005,963,685.34 due to increased investment in a subsidiary project[8]. - The balance of bonds payable increased by 91.52% to ¥2,544,275,000.00, primarily due to the issuance of medium-term notes during the period[8]. - The company recorded a 98.37% decrease in investment income, amounting to ¥26,356,989.32, mainly due to the previous year's sale of equity in a subsidiary[8]. - The company has a total of 78,432 common shareholders, with Jizhong Energy Group holding 32.81% of the shares[9]. - The total number of shares held by the top 10 shareholders amounts to 1,500,000,000 shares, indicating concentrated ownership[10]. - The company has engaged in financing and securities lending activities, with 94,128,524 shares involved in such transactions[10]. Current Assets and Expenses - The total current assets increased to CNY 20,462,092,865.77 from CNY 18,337,923,300.76, representing a growth of approximately 11.6%[12]. - Cash and cash equivalents rose to CNY 13,268,994,665.86 from CNY 11,930,721,245.69, an increase of about 11.2%[12]. - Accounts receivable increased to CNY 3,283,423,163.62 from CNY 2,817,049,995.85, reflecting a growth of approximately 16.5%[12]. - Inventory grew to CNY 1,333,067,917.03 from CNY 1,170,596,435.83, marking an increase of around 13.9%[12]. - Research and development expenses for Q1 2024 were ¥224,800,546.24, a decrease of 13.2% compared to ¥258,986,593.96 in Q1 2023[15].