CMS(600999)2024-04-26 10:32Financial Performance - The total revenue for Q1 2024 was CNY 4,298,673,959.40, representing a decrease of 9.66% compared to the same period last year[3]. - Net profit attributable to shareholders was CNY 2,157,223,258.83, down 4.54% year-on-year[3]. - Total operating revenue for Q1 2024 was RMB 4,298,673,959.40, a decrease of 9.66% compared to RMB 4,758,451,712.94 in Q1 2023[17]. - Net profit for Q1 2024 was RMB 2,158,289,650.23, slightly down from RMB 2,260,720,408.94, marking a decrease of 4.5% year-over-year[17]. - Net profit for Q1 2024 was CNY 1,957,509,006.87, an increase of 3.34% from CNY 1,894,366,959.07 in Q1 2023[24]. - The total comprehensive income for Q1 2024 was RMB 2,342,476,227.44, an increase from RMB 2,291,486,101.71 in Q1 2023[18]. Cash Flow - The net cash flow from operating activities decreased significantly by 73.14%, amounting to CNY 6,641,509,004.58[3]. - In Q1 2024, the net cash flow from operating activities was CNY 6.64 billion, a decrease of 73.1% compared to CNY 24.72 billion in Q1 2023[19]. - Total cash inflow from operating activities reached CNY 58.26 billion, up 25.2% from CNY 46.53 billion in the same period last year[19]. - The net cash flow from investment activities was CNY -10.44 billion, compared to a positive cash flow of CNY 2.70 billion in Q1 2023[19]. - Cash flow from financing activities resulted in a net outflow of CNY 26.74 billion, slightly worse than the CNY 25.90 billion outflow in Q1 2023[20]. - The net cash flow from financing activities was -26,446,988,590.80 CNY, compared to -22,140,551,926.78 CNY in Q1 2023, indicating a decline of approximately 19.5% year-over-year[27]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 642,582,607,133.21, a decline of 7.66% from the end of the previous year[4]. - The total assets as of March 31, 2024, were CNY 582.76 billion, down from CNY 607.41 billion at the end of 2023[22]. - The company's cash and cash equivalents stood at RMB 89,995,573,836.69, down from RMB 110,022,616,088.89, indicating a decrease of about 18.24%[14]. - The total liabilities decreased to RMB 518,203,198,638.65 from RMB 573,816,058,013.50, reflecting a reduction of approximately 9.69%[15]. - The company's liabilities decreased, with short-term financing payables at CNY 43.52 billion, down from CNY 56.98 billion[22]. Income and Expenses - Net interest income dropped significantly to RMB 119,032,816.75 from RMB 487,963,842.43, reflecting a decline of 75.6% year-over-year[17]. - Net commission and fee income decreased to RMB 1,705,519,588.28, down 12.26% from RMB 1,944,710,059.47 in the same period last year[17]. - Investment income turned negative at RMB -242,494,161.71, contrasting sharply with a profit of RMB 1,680,666,535.68 in Q1 2023[17]. - Total operating expenses were RMB 2,024,215,439.19, a reduction of 8.4% from RMB 2,210,212,724.35 in Q1 2023[17]. - Total expenses for Q1 2024 were CNY 1,670,308,301.69, down from CNY 1,752,519,153.26, indicating a decrease of 4.68%[24]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 146,634[8]. - The company’s major shareholder, China Merchants Jinling Company, held 23.55% of the shares[8]. Fair Value Changes - The company reported a significant increase in fair value changes, with a gain of CNY 2,640,698,507.45, up 511.03% year-on-year[6]. - The company reported a significant increase in fair value changes, with gains of RMB 2,640,698,507.45 compared to RMB 432,170,651.67 in the previous year[17]. Other Comprehensive Income - Other comprehensive income after tax increased by 498.68%, reaching CNY 184,186,577.21[7]. - Other comprehensive income after tax totaled RMB 184,186,577.21, significantly higher than RMB 30,765,692.77 in the previous year[17].