ZBD(SH:603567)2024-08-07 09:12Financial Performance - The company's operating revenue for Q1 2024 was ¥1,117,297,002.98, representing a decrease of 11.59% compared to the same period last year[3] - Net profit attributable to shareholders of the listed company was ¥293,365,824.90, an increase of 24.00% year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥281,649,753.39, reflecting a growth of 27.64%[3] - Basic earnings per share were ¥0.3123, up by 24.34% year-on-year[3] - Total operating revenue for Q1 2024 was CNY 1,118,140,673.81, a decrease of 11.6% compared to CNY 1,265,115,610.35 in Q1 2023[14] - Net profit for Q1 2024 reached CNY 293,272,864.09, representing an increase of 23.8% from CNY 237,011,521.21 in Q1 2023[15] - Operating profit for Q1 2024 was CNY 363,541,738.50, up 31.5% from CNY 276,344,505.52 in Q1 2023[15] Cash Flow - The net cash flow from operating activities was -¥103,296,907.81, which is a decline of 32.61% compared to the previous year[3] - Cash flow from operating activities was CNY 451,288,232.60 in Q1 2024, down 64.0% from CNY 1,254,861,762.57 in Q1 2023[17] - Net cash flow from operating activities was -$103.30 million, compared to -$153.28 million in the previous year, indicating an improvement of approximately 32.7%[18] - Total cash outflow from operating activities amounted to $554.59 million, down from $1.41 billion year-over-year, reflecting a decrease of about 60.7%[18] - The ending balance of cash and cash equivalents was $1.37 billion, compared to $824.84 million in the previous year, reflecting an increase of approximately 65.7%[19] - The net increase in cash and cash equivalents was -$80.42 million, an improvement from -$157.47 million in the previous year, indicating a reduction in cash outflow[19] Assets and Liabilities - Total assets at the end of the reporting period reached ¥12,880,364,470.24, an increase of 3.32% from the end of the previous year[4] - The total current assets reached RMB 7,626,089,907.84, up from RMB 7,167,666,681.72, indicating an increase of about 6.39%[11] - The total liabilities increased to RMB 4,546,366,012.75 from RMB 4,425,219,914.44, representing a growth of about 2.74%[13] - The company's equity attributable to shareholders reached RMB 7,841,814,179.64, up from RMB 7,548,383,235.96, reflecting an increase of approximately 3.88%[13] - The non-current assets totaled RMB 5,254,274,562.40, down from RMB 5,298,207,945.58, indicating a decrease of about 0.83%[11] Shareholder Returns - The company distributed $174.59 million in dividends, compared to $32.96 million in the previous year, showing a significant increase[19] - The company paid $267 million in debt repayments, down from $1.20 billion in the previous year, indicating a reduction of about 77.7%[19] Expenses - Research and development expenses decreased significantly to CNY 3,957,691.13 in Q1 2024 from CNY 14,040,635.04 in Q1 2023, a reduction of 71.8%[14] - The company reported a significant decrease in sales expenses, which fell to CNY 99,640,998.01 in Q1 2024 from CNY 250,719,922.47 in Q1 2023, a decline of 60.3%[14] Investment Income - The company experienced a loss in investment income of CNY -5,131,762.96 in Q1 2024, compared to a gain of CNY 677,078.11 in Q1 2023[15]