浙江交科(002061) - 2024 Q1 - 季度财报

Revenue and Sales Growth - Revenue from sales of goods and services increased by 36.50% to 12.05 billion yuan compared to the same period last year[6] - Revenue for the current reporting period increased by 8.37% to 7,727,842,929.53 yuan compared to the same period last year[29] - Operating income increased from 7.13 billion to 7.73 billion, a growth of 8.37%[57] - Cash received from sales of goods and services increased by 36.50% to 12.05 billion yuan[6] - Cash received from selling goods and providing services increased to 12,050,814,241.81 yuan[25] Government Subsidies and Investment Income - Government subsidies increased by 996.46% to 22.13 million yuan[6] - Investment income saw a significant increase of 195.61% to 2.31 million yuan[6] R&D and Financial Expenses - R&D expenses rose by 43.59% to 158.58 million yuan due to increased investment in research and development[6] - Financial expenses increased by 78.03% to 27.33 million yuan due to higher interest expenses from increased debt[6] - R&D expenses increased from 110.44 million to 158.58 million, a growth of 43.59%[57] Credit and Asset Impairment Losses - Credit impairment losses increased by 259.97% to -6.78 million yuan due to higher bad debt provisions[6] - Asset impairment losses surged by 394.21% to 4.02 million yuan due to changes in the aging of contract asset portfolios[6] Cash Flow and Financing Activities - Cash flow from investment activities improved by 52.31% to -226.30 million yuan due to reduced investments in joint ventures and projects[6] - Cash flow from financing activities decreased by 56.28% to 550.46 million yuan due to increased repayment of bank loans[6] - Net cash flow from operating activities improved by 25.77% to -2,377,089,682.64 yuan[29] - Net cash flow from financing activities was RMB 550,464,599.20, driven by new borrowings of RMB 2,627,388,098.94[47] - Cash and cash equivalents at the end of the quarter stood at RMB 9,251,673,447.88, down from RMB 11,304,585,243.86 at the beginning of the period[47] Net Profit and Earnings - Net profit attributable to shareholders of the listed company rose by 20.77% to 186,172,874.44 yuan[29] - Net profit increased from 145.26 million to 164.81 million, a growth of 13.46%[58] - Net profit attributable to the parent company increased from 154.15 million to 186.17 million, a growth of 20.77%[58] - Basic earnings per share decreased by 12.50% to 0.07 yuan per share[29] - Basic and diluted earnings per share were both RMB 0.07 for the quarter[46] Assets and Liabilities - Total assets decreased by 6.65% to 64,746,565,618.54 yuan compared to the end of the previous year[29] - Total liabilities decreased to RMB 49,547,427,898.90 from RMB 54,321,826,026.64, reflecting a reduction in overall debt[44] - Total equity increased to RMB 15,199,137,719.64 from RMB 15,034,329,930.61, indicating growth in shareholder equity[44] - Total assets decreased from 69.36 billion to 64.75 billion, a decline of 6.65%[56] - Long-term receivables decreased from 936.96 million to 785.09 million, a decline of 16.21%[56] - Long-term equity investments increased from 2.07 billion to 2.16 billion, a growth of 4.77%[56] Operating Costs and Employee Expenses - Operating costs increased from 6.94 billion to 7.52 billion, a growth of 8.48%[57] - Cash paid for goods and services increased to 12,874,676,445.91 yuan[25] - Cash paid to and for employees increased to 452,877,203.47 yuan[25] - The company's long-term payable for employee benefits increased slightly to RMB 44,345,666.94 from RMB 43,242,916.66[44] Deferred Tax and Minority Interest - Deferred tax liabilities rose to RMB 155,001,052.74 from RMB 143,103,375.64, reflecting changes in tax timing differences[44] - Minority interest losses increased from 8.89 million to 21.37 million, a growth of 140.38%[58] Project and Investment Activities - The company won the bid for the Wuzhou (Longyanzui) to Shuolong Highway (Southern Section of Wuzhou Ring Expressway) financing + EPC project, with a contract value of RMB 1,823,008,888[42] - The company subscribed to a fund share of RMB 168.19 million in the Guangxi Jiaotou 28th Phase Equity Fund Transportation Investment Partnership[42] Comprehensive Income and Equity - Comprehensive income for the quarter was RMB 164,807,789.03, with RMB 186,172,874.44 attributable to parent company shareholders[46] - Equity attributable to shareholders of the listed company increased by 1.31% to 14,381,368,154.41 yuan[29] - Weighted average return on equity increased by 0.14% to 1.30%[29]