中恒集团(600252) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 reached ¥805,896,093.75, representing a year-on-year increase of 20.34%[3] - The net profit attributable to shareholders was ¥54,711,195.13, with a significant increase in net profit excluding non-recurring gains and losses to ¥26,087,497.49, up 1,461.09%[3] - Net profit for Q1 2024 was ¥52,079,837.67, compared to a net loss of ¥29,006,693.77 in Q1 2023, marking a significant turnaround[53] - The company reported a total comprehensive income of ¥17,836,635.12 in Q1 2024, compared to a loss of ¥61,491,525.83 in Q1 2023[53] - The company achieved a profit before tax of ¥58,739,584.75 in Q1 2024, a significant improvement from a loss of ¥31,596,670.73 in Q1 2023[53] Cash Flow and Operating Activities - The net cash flow from operating activities decreased by 53.79% to ¥35,861,697.83[3] - Cash flow from operating activities for Q1 2024 was ¥35,861,697.83, down from ¥77,608,123.07 in Q1 2023[56] - The company's cash flow from operating activities was impacted by the scale expansion of its procurement business[18] - The company reported a net increase in cash and cash equivalents of approximately $164.17 million, compared to a decrease of$121.92 million in the previous year[38] Assets and Liabilities - Total assets at the end of the reporting period were ¥11,696,236,079.64, a slight increase of 0.26% compared to the end of the previous year[3] - Current assets increased to approximately $6.93 billion as of March 31, 2024, compared to$6.77 billion at the end of 2023, reflecting a growth of about 2.43%[29] - Total non-current assets decreased to approximately $4.76 billion from$4.90 billion, a decline of about 2.66%[31] - Total liabilities increased slightly to approximately $3.40 billion from$3.39 billion, reflecting a growth of about 0.05%[33] - The company's total equity rose to approximately $8.30 billion from$8.28 billion, indicating an increase of about 0.11%[33] Shareholder Information - The total number of common shareholders at the end of the reporting period was 119,454[7] - The largest shareholder, Guangxi Investment Group Co., Ltd., holds 24.90% of the shares[7] - Shareholders' equity attributable to the parent company was ¥6,591,643,953.71, reflecting a 0.34% increase from the previous year[3] Earnings and Expenses - The weighted average return on equity increased by 1.09 percentage points to 0.83%[3] - Basic earnings per share for Q1 2024 were ¥0.0160, compared to a loss of ¥0.0050 per share in Q1 2023[53] - Research and development expenses for Q1 2024 were ¥25,925,300.81, slightly up from ¥25,174,529.19 in Q1 2023[50] - Sales expenses decreased to ¥209,029,038.08 in Q1 2024 from ¥333,350,800.02 in Q1 2023, a reduction of 37.3%[50] - Other income increased to ¥26,347,218.11 in Q1 2024 from ¥13,869,037.33 in Q1 2023, reflecting a growth of 89.8%[50] Asset Transactions - The company successfully transferred assets for ¥130,269,731.33, receiving the full payment by the reporting date[10] - The company plans to transfer an 18% stake in a subsidiary for no less than ¥194,112,400.00, with the transaction pending regulatory approval[10] Non-Recurring Gains and Losses - The company's non-recurring gains and losses totaled RMB 28,623,697.64 after tax and minority interest adjustments[16] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 1,461.09% due to a reduction in company period expenses[18]