电投产融(000958) - 2024 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2024 was CNY 1,549,080,497.26, a decrease of 2.21% compared to CNY 1,584,065,789.41 in the same period last year[4] - Net profit attributable to shareholders increased by 10.20% to CNY 330,898,360.80 from CNY 300,279,012.98 year-on-year[4] - Basic and diluted earnings per share rose by 10.22% to CNY 0.0615 from CNY 0.0558 in the same quarter last year[4] - The total comprehensive income for Q1 2024 was CNY 411,263,453.11, compared to CNY 381,050,152.98 in the previous year, reflecting an increase of 7.9%[15] - Operating costs for Q1 2024 were CNY 1,143,794,193.42, down from CNY 1,241,732,151.37 in the previous year, indicating a decrease of 7.9%[14] Cash Flow - Net cash flow from operating activities improved significantly, reaching CNY 240,665,836.35, a 136.87% increase from a negative cash flow of CNY 652,670,160.48 in the previous year[4] - Total cash inflow from operating activities amounted to CNY 2,915,045,827.47, while cash outflow was CNY 3,797,917,301.97, resulting in a net cash flow deficit[17] - Cash inflow from investment activities reached CNY 2,764,176,276.49, with a net cash flow of CNY 228,114,681.20, compared to CNY 72,488,444.40 in Q1 2023[17] - Cash inflow from financing activities totaled CNY 2,540,148,957.13, while cash outflow was CNY 2,824,638,955.98, leading to a net cash flow of -CNY 284,489,998.85[17] - The company reported a cash and cash equivalents balance of CNY 2,043,725,830.29 at the end of Q1 2024, up from CNY 1,859,454,891.19 at the beginning of the quarter[17] Assets and Liabilities - Total assets at the end of the reporting period were CNY 46,432,449,661.84, reflecting a 1.32% increase from CNY 45,827,021,221.90 at the end of the previous year[4] - The total liabilities increased to CNY 17,026,112,122.43, compared to CNY 16,844,104,428.51 in the previous year, reflecting a growth of 1.1%[13] - The company's total non-current liabilities amounted to CNY 10,258,204,871.76, compared to CNY 10,116,591,223.92 in the previous year, showing an increase of 1.4%[13] - The company's total liabilities increased to RMB 25,000,000,000, reflecting a strategic move to leverage for future investments[12] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 56,155[8] - Shareholders' equity attributable to the parent company increased by 1.77% to CNY 19,685,599,104.06 from CNY 19,342,539,821.41[4] Operational Highlights - The increase in net cash flow from operating activities was primarily due to higher customer deposits in futures and increased cash receipts from sales and services[7] - The rise in net profit was attributed to significant reductions in management expenses and a substantial increase in the operating profit of the company's wholly-owned subsidiary[7] - The company received government subsidies amounting to CNY 1,050,000.00 during the reporting period[5] - The company is focusing on expanding its market presence and enhancing its product offerings through new technology developments and strategic acquisitions[12] Other Financial Metrics - Research and development expenses for Q1 2024 were CNY 960,368.43, down from CNY 1,357,203.17 in the previous year, representing a decrease of 29.2%[14] - Interest income decreased to CNY 6,553,457.64 from CNY 17,292,788.41 in the previous year, a decline of 62.0%[14] - The company experienced a decrease in cash paid for taxes, totaling CNY 218,806,021.00 compared to CNY 293,407,262.57 in Q1 2023[17] - The cash flow from other operating activities was CNY 2,737,117,923.31, a decrease from CNY 2,894,726,933.20 in the previous year[17] - The company has not undergone an audit for the Q1 2024 report, indicating that the figures are unaudited[18]