ZHUYE GP(SH:600961)2024-04-17 11:34Financial Performance - The company's operating revenue for Q1 2024 was CNY 4,426,476,040.73, representing a decrease of 1.64% compared to the same period last year[3]. - The net profit attributable to shareholders for Q1 2024 was CNY 159,088,458.42, an increase of 13.37% year-over-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 132,881,366.83, reflecting a growth of 3.00% compared to the previous year[3]. - The total profit for the period was approximately ¥195.72 million, compared to ¥173.30 million in the previous period, representing an increase of about 12.5%[38]. - The net profit attributable to shareholders of the parent company was approximately ¥159.09 million, up from ¥140.33 million, reflecting a growth of around 13.4%[38]. - The comprehensive income totalled approximately ¥166.85 million, compared to ¥141.66 million in the previous period, indicating an increase of about 17.7%[38]. - The basic earnings per share remained stable at ¥0.13, consistent with the previous period[38]. - Basic and diluted earnings per share were both reported at 0.13, compared to 0.00 in the previous year[54]. Cash Flow and Investments - The net cash flow from operating activities for Q1 2024 was CNY 512,102,390.91, significantly up from CNY 41,610,966.21 in Q1 2023[14]. - The company reported cash inflows from investment activities of CNY 79,180,104.92, compared to CNY 15,000,000.00 in the same quarter last year[15]. - Cash outflows from investment activities totaled CNY 121,576,229.15, slightly down from CNY 126,565,257.86 in Q1 2023[15]. - The net cash flow from financing activities was negative at CNY -336,692,795.15, compared to CNY -18,601,193.28 in the previous year[15]. - The net cash flow from operating activities was 512,102,390.91, representing a year-on-year increase of 1,130.69% due to adjustments in sales rhythm and reduced inventory scale[63]. Assets and Liabilities - The ending balance of cash and cash equivalents was CNY 720,357,162.40, up from CNY 481,535,678.27 at the end of Q1 2023[15]. - Total current assets as of March 31, 2024, were approximately 3.46 billion, down from 3.84 billion as of December 31, 2023, a decrease of about 9.8%[36]. - Total liabilities as of March 31, 2024, were approximately 4.83 billion, compared to 5.36 billion as of December 31, 2023, a decrease of about 9.9%[36]. - Total assets decreased by 4.13% from 9,114,057,171.58 to 8,737,298,665.65[61]. - Current liabilities totaled 3,401,169,633.37, down from 3,870,680,933.76[60]. - Short-term borrowings decreased from 1,698,674,681.68 to 1,551,205,399.13[60]. - The company reported a decrease in accounts payable from 336,733,757.04 to 439,163,061.38[60]. - Deferred tax assets remained relatively stable at 43,058,985.25 compared to 43,069,252.70[60]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 33,004[23]. - The largest shareholder, Hunan Shuikoushan Nonferrous Metals Group Co., Ltd., holds 29.93% of the shares, totaling 321,060,305 shares[46]. - The second-largest shareholder, Zhuzhou Smelter Group Co., Ltd., owns 19.78% of the shares, amounting to 212,248,593 shares[46]. Research and Development - Research and development expenses for Q1 2024 were approximately 37.57 million, up from 21.53 million in Q1 2023, marking an increase of about 74.5%[37]. Company Strategy - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[29]. - The report indicates a focus on maintaining stable earnings while exploring government support and risk management strategies[44]. Financial Statement Status - The company confirmed that the financial statements for Q1 2024 were unaudited[2]. - The company has not identified any significant non-recurring gains or losses outside of those listed in the regulatory guidelines[45].