2024-04-29 14:27Financial Performance - Total operating revenue for Q1 2024 was ¥4,949,345,961.54, a decrease of 23.59% compared to ¥6,477,062,887.66 in the same period last year[3] - Net profit attributable to shareholders was ¥1,538,328,759.88, down 28.67% from ¥2,156,742,527.33 year-on-year[3] - Basic earnings per share decreased by 37.04% to ¥0.17 from ¥0.27 in the previous year[3] - The net interest income for Q1 2024 was ¥438,457,684.88, a decline of 53.22% from ¥937,302,735.92 in Q1 2023[6] - Investment income dropped by 50.09% to ¥750,966,943.33 from ¥1,504,600,613.70 year-on-year[6] - The company reported a cumulative increase in borrowings of CNY 637.06 billion, which accounted for approximately 45.29% of the net assets as of the end of 2023[12] - Net profit for the current period was ¥1,713,072,977.76, down 29.4% from ¥2,425,803,592.59 in the previous period[18] - Total profit for the current period was ¥1,821,164,608.65, a decrease of 35.8% compared to ¥2,838,034,953.16 in the previous period[18] - The total comprehensive income for the current period was ¥2,418,682,376.86, slightly down from ¥2,472,473,228.32 in the previous period[18] Cash Flow - The net cash flow from operating activities was -¥11,861,776,432.59, compared to -¥4,582,031,552.90 in the same period last year[3] - Cash flow from operating activities showed a net outflow of ¥11,861,776,432.59, worsening from a net outflow of ¥4,582,031,552.90 in the previous period[20] - Cash flow from investment activities generated a net inflow of ¥8,607,904,843.80, compared to ¥3,302,689,070.77 in the previous period[20] - Cash flow from financing activities resulted in a net inflow of ¥8,294,802,318.78, improving from a net outflow of ¥625,919,980.87 in the previous period[20] Assets and Liabilities - Total assets increased by 11.37% to ¥759,773,963,785.73 from ¥682,181,679,228.41 at the end of the previous year[3] - The company's total liabilities amounted to CNY 614.68 billion, up from CNY 541.51 billion, indicating an increase of about 13.5%[16] - The company's short-term borrowings increased to CNY 71.93 billion from CNY 68.38 billion, reflecting a rise of approximately 8.3%[16] - The total amount of customer funds deposited reached CNY 128.90 billion, compared to CNY 118.82 billion at the beginning of the year, marking an increase of about 8.8%[15] - The company’s financial investments totaled CNY 438.91 billion, up from CNY 361.20 billion, which is an increase of approximately 21.5%[15] - The company’s equity attributable to shareholders reached CNY 139.96 billion, an increase from CNY 135.72 billion, representing a growth of approximately 3.3%[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 219,009, including 1,446 H-share registered shareholders[8] - The top three shareholders are Hong Kong Central Clearing (22.31%), Jilin Aodong Pharmaceutical Group (16.44%), and Liaoning Chengda Co., Ltd. (16.40%)[8] - Jilin Aodong holds 1,252,768,767 shares, representing 16.44% of total shares, while Liaoning Chengda holds 1,250,154,088 shares, representing 16.40%[8] - The total number of shares held by the top ten shareholders accounts for a significant portion of the company's equity, with the largest shareholder holding over 1.7 billion shares[8] - The report indicates that there are no pledged, marked, or frozen shares among the top shareholders[8] - The total number of shares held by the top ten unrestricted shareholders is 1,700,128,840, which is entirely foreign-listed shares[8] - The National Social Security Fund holds 76,479,934 shares, representing 1.00% of total shares[9] - The report notes that there are no shareholders holding shares through credit securities accounts at the end of the reporting period[10] - The top ten shareholders have not engaged in any repurchase transactions during the reporting period[10] - The report highlights that the company has a diverse shareholder base, with significant holdings from both domestic and foreign entities[11] Strategic Initiatives - The company completed the acquisition of 20.04% of Wisdom Group Limited's shares through its wholly-owned subsidiary, reflecting a strategic investment move[12] - The company announced a "Quality Return Dual Improvement" action plan aimed at enhancing investor confidence and promoting sustainable development[13]