山东路桥(000498) - 2024 Q1 - 季度财报

Financial Performance - Non-operating income from government subsidies amounted to ¥4,662,032.11, contributing to the overall financial performance[9] - Total operating revenue for the current period was CNY 9,565,917,173.91, a decrease of 14.94% compared to CNY 11,245,019,943.80 in the previous period[18] - Net profit for the current period was CNY 300,389,217.01, a decline of 8.79% from CNY 329,326,599.29 in the previous period[19] - The company's operating revenue for the current period is ¥9,565,917,173.91, a decrease of 14.93% compared to the same period last year[24] - The net profit attributable to shareholders is ¥244,417,473.56, reflecting a decrease of 2.82% year-over-year[24] - The total comprehensive income for the current period was CNY 289,806,597.96, slightly up from CNY 281,117,683.20 in the previous period[20] Cash Flow - The net cash flow from financing activities decreased by 59.56% to ¥3,090,634,226.40 compared to the previous year, primarily due to reduced fundraising inflows[13] - The net cash flow from operating activities is -¥2,760,975,744.44, a decline of 51.95% compared to the previous year[24] - The net cash flow from operating activities was -2,760,975,744.44, compared to -1,816,996,789.52 in the previous period, indicating a decline in operational performance[56] - The total cash inflow from investment activities was 248,371,009.99, significantly lower than 8,139,369.44 in the previous period[56] - The net cash flow from financing activities was 3,090,634,226.40, down from 7,643,349,348.63 in the previous period, reflecting reduced financing activities[56] - The total cash and cash equivalents decreased by 445,652,586.83, contrasting with an increase of 2,964,771,917.54 in the previous period[56] Assets and Liabilities - Total assets decreased to ¥136,607,091,824.42 from ¥139,538,781,800.01, reflecting a decline in overall asset value[17] - The total liabilities increased, with short-term borrowings rising to ¥8,752,761,307.72 from ¥7,889,329,711.39, indicating higher leverage[17] - The total liabilities amounted to CNY 103,836,886,702.50, compared to CNY 106,865,582,330.35 in the previous period[18] - The total equity attributable to shareholders of the parent company was CNY 22,792,771,765.32, an increase from CNY 22,691,726,983.87[18] - The company reported a decrease in contract assets to ¥51,071,677,668.90 from ¥55,086,123,351.74, reflecting changes in project financing[17] Inventory and Receivables - Accounts receivable increased to ¥15,297,917,550.93 from ¥14,121,064,454.40, indicating a rise in outstanding payments[17] - Inventory rose to ¥3,859,946,904.74 from ¥3,015,995,589.90, suggesting an increase in stock levels[17] - Contract liabilities rose by 63.37% to ¥3,547,679,054.42, primarily due to increased advance payments received[28] Expenses - Total operating costs amounted to CNY 9,221,701,799.71, down 14.87% from CNY 10,829,406,756.18 in the prior period[19] - R&D expenses increased to CNY 191,969,505.52, up 36.31% from CNY 140,854,339.49 year-over-year[19] - The company’s research and development expenses increased by 36.29% to ¥191,969,505.52, indicating a rise in R&D project investments[28] - Cash paid to employees increased to 1,366,687,217.36 from 1,282,263,317.03 in the previous period, indicating rising labor costs[56] Other Financial Metrics - Basic earnings per share for the current period was CNY 0.0930, down from CNY 0.1386 in the previous period[20] - Basic earnings per share decreased by 32.90% to ¥0.0930 from ¥0.1386 in the same period last year[24] - The company reported a decrease in tax expenses to CNY 61,427,813.37 from CNY 106,461,731.94 in the prior period[19] - Other comprehensive income after tax was CNY -10,582,619.05, compared to CNY -48,208,916.09 in the previous period[20] - The company reported a significant increase in credit impairment losses, which rose by 485.84% to ¥7,063,422.34[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 53,496, with the largest shareholder holding 49.75% of the shares[60] - The company has completed a share repurchase plan, acquiring 9,159,925 shares, accounting for 0.59% of the total share capital[33]