方正证券(601901) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 1,984,787,239.23, representing an increase of 11.97% compared to the same period last year[4] - Net profit attributable to shareholders of the listed company reached CNY 784,306,322.29, marking a significant increase of 41.06% year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 764,284,012.68, reflecting a growth of 40.69% compared to the previous year[4] - The basic earnings per share (EPS) was CNY 0.10, which is an increase of 42.86% year-on-year[4] - Operating profit for Q1 2024 was ¥860,657,730.86, an increase from ¥657,874,406.48 in Q1 2023[17] - The company reported a net profit margin improvement, with total profit reaching ¥854,268,823.78 compared to ¥657,601,560.61 in the same quarter last year[17] - Net profit for Q1 2024 was approximately ¥775.89 million, a significant increase from ¥583.70 million in Q1 2023, representing a year-over-year growth of 33%[18] - The total comprehensive income for Q1 2024 reached approximately ¥946.11 million, compared to ¥633.79 million in Q1 2023, indicating a growth of 49.2%[18] - The basic and diluted earnings per share for Q1 2024 were both ¥0.10, up from ¥0.07 in Q1 2023, reflecting a 42.9% increase[18] - The net commission and fee income for Q1 2024 was ¥801,390,045.64, an increase from ¥763,851,759.47 in Q1 2023, reflecting a growth of 4.9%[24] - The company reported a total comprehensive income of ¥967,251,745.60 for Q1 2024, compared to ¥464,532,908.56 in Q1 2023, indicating a significant increase of 108.5%[25] Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 230,729,801,389.58, a 3.73% increase from the end of the previous year[5] - The equity attributable to shareholders of the listed company was CNY 46,194,217,201.40, up by 2.11% from the previous year[5] - Total assets amounted to ¥230,729,801,389.58, up from ¥222,441,655,763.08 year-over-year[16] - Total liabilities increased to ¥183,692,010,388.43 from ¥176,350,360,715.00, reflecting a growth of 7.63%[16] - The company's total equity attributable to shareholders rose to ¥46,194,217,201.40, compared to ¥45,239,301,251.60 in the previous year[16] - Total assets increased to ¥206,809,791,062.21 in Q1 2024, up from ¥196,571,728,942.97 in Q1 2023, marking a growth of 5.6%[23] - Total liabilities rose to ¥161,594,244,271.97 in Q1 2024, compared to ¥152,323,820,419.55 in Q1 2023, indicating a 6.5% increase[23] - The company's equity increased to ¥45,215,546,790.24 in Q1 2024, up from ¥44,247,908,523.42 in Q1 2023, representing a growth of 2.2%[23] Cash Flow - The net cash flow from operating activities was negative at CNY -5,823,832,416.85, a decrease of 704.53% compared to the same period last year[4] - The net cash flow from operating activities for Q1 2024 was negative at approximately -¥5.82 billion, compared to a positive cash flow of ¥963.36 million in Q1 2023[19] - The total cash and cash equivalents at the end of Q1 2024 were approximately ¥57.44 billion, a decrease from ¥54.81 billion at the end of Q1 2023[20] - The company reported a net increase in funds borrowed from other financial institutions of approximately -¥3.01 billion in Q1 2024, compared to an increase of ¥905 million in Q1 2023[19] - Total cash inflow from operating activities in Q1 2024 was 7,052,646,768.69 RMB, down from 11,971,801,798.85 RMB in the same period last year[27] - The company reported a net increase of 8,949,099,374.70 RMB in financial assets held for trading in Q1 2024, compared to 6,146,386,645.79 RMB in Q1 2023[26] Investments and Future Plans - The company reported a significant increase in investment and trading business income, which was the main driver for the profit growth[7] - The company plans to continue expanding its investment and trading operations to sustain growth in future quarters[7] - The company plans to expand its market presence and invest in new technologies to drive future growth[17] - The company is focusing on enhancing its asset management and investment banking services to improve revenue streams[17] Financial Instruments and Other Assets - The company's total trading financial assets increased to ¥65,299,896,891.67 from ¥56,075,442,932.77, reflecting a growth of about 16.4%[14] - The company's other equity instrument investments rose to ¥2,106,858,043.06 from ¥1,189,294,742.09, marking an increase of approximately 77.1%[14] - The company's financial investments in other debt instruments increased to ¥42,727,514,303.35 from ¥41,402,799,806.36, reflecting a growth of approximately 3.2%[14] - The company's fixed assets decreased to ¥431,691,950.21 from ¥453,879,502.42, indicating a decline of about 4.9%[14] - The total amount of margin financing provided by the company was ¥31,165,364,760.04, down from ¥32,480,075,192.96, which is a decrease of about 4.1%[14] - The total amount of buy-back financial assets decreased to ¥10,729,756,181.77 from ¥12,944,406,691.72, indicating a decline of about 16.9%[14]