中航西飞(000768) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥8,455,007,581.63, representing a 6.45% increase compared to ¥7,942,644,881.55 in the same period last year[4] - Net profit attributable to shareholders for Q1 2024 was ¥272,476,715.96, a 15.67% increase from ¥235,559,661.42 in Q1 2023[4] - Basic earnings per share for Q1 2024 were ¥0.0984, up 15.63% from ¥0.0851 in Q1 2023[4] - Total operating revenue for Q1 2024 was CNY 8,455,007,581.63, an increase of 6.5% compared to CNY 7,942,644,881.55 in Q1 2023[30] - Net profit for Q1 2024 reached CNY 272,476,715.96, representing a 15.6% increase from CNY 235,559,661.42 in Q1 2023[32] - Earnings per share for Q1 2024 were CNY 0.0984, compared to CNY 0.0851 in Q1 2023, marking a 15.5% increase[33] - The company reported a total comprehensive income of CNY 285,539,524.77 for Q1 2024, compared to CNY 241,746,240.08 in Q1 2023, an increase of 18.1%[33] Cash Flow and Liquidity - The net cash flow from operating activities was -¥9,139,132,943.22, a decrease of 34.59% compared to -¥6,790,450,205.62 in the previous year[4] - The company's cash inflow from operating activities decreased by 49.06% to ¥1,662,634,192.59 compared to ¥3,263,863,094.60 in Q1 2023[16] - Total cash inflow from operating activities was 1,662,634,192.59 CNY, while total cash outflow was 10,801,767,135.81 CNY, resulting in a significant cash outflow[35] - The ending balance of cash and cash equivalents was 8,388,673,960.91 CNY, down from 19,873,380,634.24 CNY at the end of the previous year, representing a decline of approximately 57.8%[36] - The company has not undergone an audit for the first quarter report, which may affect the reliability of the financial data presented[37] Investment and Financing Activities - The cash outflow from investing activities increased by 223.22% to ¥472,208,804.19 from ¥146,094,893.72 in the same period last year[16] - The net cash flow from financing activities was -¥1,328,707,514.09, a significant decrease of 387.97% compared to a net inflow of ¥461,400,499.18 in Q1 2023[16] - The company reported a total cash inflow from financing activities of 1,506,130,995.57 CNY, primarily from borrowing and investment receipts[36] - The company paid 1,315,800,000.00 CNY in debt repayments during the quarter, which is an increase from 1,030,000,000.00 CNY in the previous year[36] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥77,861,813,553.75, a decrease of 3.78% from ¥80,920,781,039.43 at the end of the previous year[4] - The total liabilities decreased to CNY 58,012,278,102.16 in Q1 2024 from CNY 61,375,979,528.67 in Q1 2023, indicating a reduction of approximately 5.8%[29] - The company's total equity attributable to shareholders increased by 1.56% to ¥19,849,535,451.59 from ¥19,544,801,510.76 at the end of the previous year[4] - The company's total equity increased to CNY 19,849,535,451.59 in Q1 2024, up from CNY 19,544,801,510.76 in Q1 2023, reflecting a growth of 1.6%[29] Shareholder Information - The total number of common shareholders at the end of the reporting period is 155,751[19] - The largest shareholder, China Aviation Industry Group, holds 38.00% of shares, totaling 1,057,055,754 shares[19] Operational Metrics - The company reported a significant decrease in investment income, with a loss of -¥4,773,566.41 compared to a loss of -¥1,477,739.77 in the same period last year, reflecting a 223.03% decline[14] - Research and development expenses for Q1 2024 were CNY 27,164,187.64, slightly higher than CNY 25,008,522.53 in Q1 2023, indicating a focus on innovation[30] - Short-term borrowings significantly decreased from 1.33 billion yuan to 40.47 million yuan, a drop of approximately 96.9%[27] - The company has a total of 15.39 billion yuan in non-current assets, slightly up from 15.25 billion yuan[27] - Accounts receivable increased from 17.77 billion yuan to 22.29 billion yuan, representing a growth of about 25.4%[26] - Inventory rose from 23.43 billion yuan to 25.47 billion yuan, an increase of approximately 8.7%[26] - The company plans to purchase land use rights for 120 million yuan to support future development, covering an area of 152,485.07 square meters[22] - The company successfully acquired the land use rights through bidding for 110 million yuan[23]