SPC(002573)2024-04-29 17:12Financial Performance - The company's operating revenue for Q1 2024 was ¥2,146,169,957.46, representing a 4.44% increase compared to ¥2,054,909,765.35 in the same period last year[2]. - Net profit attributable to shareholders was ¥118,076,415.15, a slight increase of 0.62% from ¥117,350,070.49 year-on-year[2]. - Basic and diluted earnings per share increased by 2.81% to ¥0.0841 from ¥0.0818 in the same period last year[2]. - Total operating revenue for Q1 2024 was CNY 2,146,169,957.46, an increase of 4.43% compared to CNY 2,054,909,765.35 in Q1 2023[18]. - Net profit for Q1 2024 reached CNY 149,470,693.46, a slight increase from CNY 147,581,417.73 in Q1 2023[19]. - The total comprehensive income for the first quarter of 2024 was CNY 151,216,043.65, an increase from CNY 145,499,623.80 in the same period last year, representing a growth of approximately 4.9%[20]. - The net profit attributable to the parent company was CNY 119,821,765.34, up from CNY 115,268,276.56, reflecting a year-over-year increase of about 4.8%[20]. Cash Flow and Liquidity - The net cash flow from operating activities improved by 45.18%, reaching -¥132,634,641.49, compared to -¥241,937,131.12 in the previous year[2]. - Cash inflow from operating activities totaled CNY 1,826,925,740.54, compared to CNY 1,508,262,330.45 in the prior year, marking an increase of approximately 21.2%[21]. - The net cash flow from operating activities was negative at CNY -132,634,641.49, an improvement from CNY -241,937,131.12 in the same period last year[21]. - The net cash flow from financing activities improved significantly by 207.94%, totaling ¥89,235,370.45, compared to -¥82,674,132.59 in the previous year[8]. - Cash outflow from investing activities was CNY 176,859,655.56, down from CNY 268,536,990.88, showing a reduction of about 34.2%[22]. - The ending balance of cash and cash equivalents was CNY 905,293,333.56, slightly up from CNY 904,019,646.58 year-over-year[22]. Assets and Liabilities - Total assets at the end of Q1 2024 were ¥24,713,193,490.77, a 0.64% increase from ¥24,557,133,241.28 at the end of the previous year[2]. - The total liabilities of the company were CNY 16,718,744,254.80, slightly up from CNY 16,713,116,469.42 in the previous year[16]. - The company's total assets as of Q1 2024 amounted to CNY 24,713,193,490.77, compared to CNY 24,546,803,857.01 at the end of Q1 2023[16]. - The company's equity attributable to shareholders rose by 1.88% to ¥6,525,092,905.14 from ¥6,404,871,121.86 at the end of the previous year[2]. - Long-term receivables increased to CNY 784,076,179.56 from CNY 745,848,544.45 year-over-year, reflecting a growth of 5.12%[16]. Shareholder Information - The company had a total of 51,616 common shareholders at the end of the reporting period[9]. - The company reported a significant presence of major shareholders, with Beijing Century Dihe Holdings Co., Ltd. holding 15.08% of the total shares as of the end of the reporting period[11]. - The company has engaged in financing activities, with major shareholders participating in margin trading, indicating active market engagement[11]. Other Income and Expenses - The company reported a significant increase in tax and additional charges by 228.16%, amounting to ¥38,415,298.01, due to increased taxable consumption tax revenue[6]. - Other income decreased by 31.32% to ¥28,515,374.28, primarily due to a reduction in government subsidies[6]. - Research and development expenses for Q1 2024 were CNY 27,065,827.93, compared to CNY 26,873,086.71 in Q1 2023, showing a modest increase in investment in innovation[19]. - The company reported an increase in other income to CNY 28,515,374.28 from CNY 41,518,068.75 year-over-year, indicating a shift in revenue sources[19]. Strategic Focus - The company is exploring new strategies for market expansion and product development, although specific details were not provided in the content[12]. - The financial report indicates a stable financial position, with a focus on improving liquidity and managing receivables effectively[14]. - The company did not report any new mergers or acquisitions during this quarter[20]. - The first quarter report was not audited, indicating that the figures are preliminary and subject to change[23].