ZZPZH(SH:600436)2024-04-19 11:54Financial Performance - The company's revenue for Q1 2024 reached ¥3,170,691,528.78, representing a year-on-year increase of 20.58%[2] - Net profit attributable to shareholders was ¥974,507,153.85, reflecting a growth of 26.61% compared to the same period last year[2] - The basic earnings per share (EPS) for the quarter was ¥1.62, an increase of 26.56% year-on-year[2] - Total operating revenue for Q1 2024 reached ¥3,170,691,528.78, a 20.6% increase from ¥2,629,517,630.49 in Q1 2023[14] - Net profit attributable to shareholders was ¥974,507,153.85, up 26.5% from ¥769,681,318.05 in the same period last year[15] - The company achieved an operating profit of ¥1,171,109,632.25, up 24.6% from ¥939,621,690.27 in the same quarter last year[14] - The total profit for Q1 2024 was ¥1,170,639,812.25, an increase of 24.5% from ¥940,215,899.90 in Q1 2023[14] - The company reported a comprehensive income total of ¥917,860,284.99 for Q1 2024, compared to ¥751,430,397.51 in Q1 2023, an increase of 22.1%[22] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥18,294,356,745.03, up 7.11% from the end of the previous year[2] - Total current assets increased to ¥16,322,436,903.62 from ¥15,100,020,959.96, reflecting a growth of approximately 8.1%[10] - The company's inventory rose to ¥3,879,804,212.75, compared to ¥3,378,660,864.48, marking an increase of about 14.8%[10] - Total liabilities increased to ¥3,388,312,633.24 from ¥3,159,915,910.54, representing a rise of approximately 7.2%[12] - The company's total liabilities decreased to ¥949,981,375.27 from ¥976,702,387.66, a reduction of 2.7%[20] - The company's non-current assets totaled ¥1,971,919,841.41, slightly down from ¥1,980,392,475.85, showing a decrease of about 0.1%[11] Shareholder Information - The equity attributable to shareholders increased to ¥14,333,106,035.27, marking a 7.15% rise compared to the previous year[2] - The number of ordinary shareholders at the end of the reporting period was 110,249[5] - The largest shareholder, Zhangzhou Jiulongjiang Group Co., Ltd., holds 51.30% of the shares, totaling 309,522,643 shares[5] Cash Flow - The net cash flow from operating activities was ¥531,482,744.16, which is a decrease of 16.23% year-on-year[2] - Cash flow from operating activities generated ¥531,482,744.16, down from ¥634,423,962.66 in Q1 2023[17] - The company reported a net increase in cash and cash equivalents of ¥1,216,006,393.43, compared to ¥507,498,125.78 in the previous year[18] - The company experienced a net increase in cash and cash equivalents of CNY 1,198,938,732.45, compared to CNY 417,486,845.72 in the previous year, marking a substantial improvement[24] - The ending balance of cash and cash equivalents was CNY 1,511,141,443.46, down from CNY 1,691,579,527.60 in Q1 2023[24] Research and Development - Research and development expenses amounted to ¥88,809,419.52, a decrease of 4.5% compared to ¥92,891,170.20 in Q1 2023[14] - Research and development expenses for Q1 2024 were ¥83,207,510.53, slightly down from ¥87,247,678.58 in Q1 2023, a decrease of 4.5%[21] Other Financial Metrics - The weighted average return on equity (ROE) was 7.03%, an increase of 0.46 percentage points compared to the previous year[2] - The company's financial expenses decreased significantly to ¥3,244,573.37 from ¥533,098.46 in Q1 2023[14] - The company's accounts receivable rose to ¥218,008,676.14 from ¥156,751,198.25, reflecting a growth of 38.9%[20] - The company recognized non-recurring gains and losses totaling -¥13,844,452.05 for the quarter[3] Accounting Standards - The company did not apply new accounting standards or interpretations for the first quarter of 2024[25]