华贸物流(603128) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for the first quarter reached ¥3,882,870,739.80, representing a year-on-year increase of 31.67%[3] - The net profit attributable to shareholders decreased by 24.67% to ¥166,495,375.01, primarily due to a decline in overall business gross margin and increased investment in overseas network expansion[4] - Basic earnings per share decreased by 23.53% to ¥0.13, reflecting the decline in net profit[3] - Total revenue for Q1 2024 reached ¥3,882,870,739.80, a 31.5% increase from ¥2,948,914,948.33 in Q1 2023[35] - Net profit for Q1 2024 was ¥171,337,274.36, a decrease of 24.4% compared to ¥226,684,044.47 in Q1 2023[41] - The company reported a total comprehensive income of ¥171,602,557.18 for Q1 2024, down from ¥219,141,176.56 in Q1 2023[37] Cash Flow - The net cash flow from operating activities was negative at ¥-164,869,370.53, indicating a significant cash outflow during the period[3] - Cash flow from operating activities in Q1 2024 was ¥4,497,839,265.51, compared to ¥3,943,980,884.29 in Q1 2023, reflecting a 14.0% increase[43] - The company experienced a net increase in cash from operating activities of ¥4,487,423,318.51 in Q1 2024, compared to ¥3,926,267,271.31 in Q1 2023[43] - The net cash flow from operating activities was -$164.87 million, a decrease from $208.95 million in the previous period[46] - Total cash outflow from operating activities amounted to $4.66 billion, compared to $3.74 billion last year, indicating a significant increase[46] - Cash flow from investing activities showed a net outflow of -$22.76 million, contrasting with a net inflow of $22.41 million in the previous period[46] - The company reported a net cash flow from financing activities of -$109.80 million, an improvement from -$145.98 million last year[49] Assets and Liabilities - The total assets at the end of the reporting period were ¥9,350,883,917.24, down 3.13% from the end of the previous year[16] - The total current assets decreased to ¥6,189,852,046.61 from ¥6,501,641,749.31, representing a decline of about 4.8%[29] - Cash and cash equivalents were reported at ¥1,653,024,672.99, down from ¥1,947,700,209.71, indicating a decrease of approximately 15.1%[26] - The total liabilities decreased to ¥3,229,110,523.02 from ¥3,683,239,389.54, a decline of approximately 12.3%[32] - The company's equity attributable to shareholders increased to ¥6,019,743,751.60 from ¥5,853,147,148.47, reflecting an increase of about 2.84%[32] Expenses - Total operating costs for Q1 2024 were ¥3,667,641,849.67, up 38.4% from ¥2,648,332,801.52 in Q1 2023[35] - Research and development expenses decreased to ¥2,539,831.68 in Q1 2024 from ¥4,079,694.88 in Q1 2023, a reduction of 37.8%[35] - Sales expenses increased to ¥192,345,720.68 in Q1 2024, up from ¥175,850,679.35 in Q1 2023, reflecting a rise of 9.0%[35] Shareholder Information - The top shareholder, China Logistics Group Co., Ltd., holds 45.81% of the shares, with a total of 599,644,827 shares[19] - The company's retained earnings increased to ¥2,792,132,156.66 from ¥2,625,636,781.65, reflecting an increase of approximately 6.4%[32] Other Financial Metrics - The company recognized non-recurring gains of ¥1,928,137.32 during the reporting period, including government subsidies and other income[16] - The company reported a diluted earnings per share of ¥0.13, which is a decrease of 23.53%[16] - The company reported a significant increase in other receivables, rising to ¥1,102,693,765.51 from ¥1,026,323,749.80, an increase of approximately 7.4%[26] - The inventory level increased to ¥55,177,942.54 from ¥20,409,224.58, indicating a substantial rise of about 170.5%[26] - The company’s short-term borrowings remained relatively stable at ¥400,282,621.78 compared to ¥400,316,172.00, showing a negligible change[32] - The impact of exchange rate changes on cash and cash equivalents was -$349.07 thousand, compared to -$14.05 million in the previous period[49]