东方雨虹(002271) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥7,149,293,164.43, a decrease of 4.61% compared to ¥7,494,548,302.46 in the same period last year[5] - Net profit attributable to shareholders was ¥347,722,453.72, down 9.81% from ¥385,537,995.41 year-on-year[5] - Total operating revenue for Q1 2024 was CNY 7,149,293,164.43, a decrease of 4.6% compared to CNY 7,494,548,302.46 in the same period last year[30] - Net profit for Q1 2024 was CNY 341,609,350.33, a decline of 9.5% compared to CNY 377,687,344.52 in Q1 2023[31] Cash Flow and Liquidity - The net cash flow from operating activities improved by 50.37%, reaching -¥1,889,121,570.11, compared to -¥3,806,105,070.84 in the previous year[5] - The company's cash and cash equivalents at the end of the period were ¥5,190,587,197.86, a decrease of 43.08% from the beginning of the period[9] - Total cash inflow from operating activities is 7,442,070,156.05 yuan, down from 8,292,980,790.33 yuan year-over-year[33] - Total cash outflow from operating activities is 9,331,191,726.16 yuan, decreased from 12,099,085,861.17 yuan in the previous period[33] - The ending balance of cash and cash equivalents is 4,731,478,531.10 yuan, compared to 4,188,085,710.85 yuan in the previous period[34] Assets and Liabilities - Total assets decreased by 6.49% to ¥47,850,386,402.93 from ¥51,173,993,594.77 at the end of the previous year[5] - Total liabilities decreased to CNY 19,270,293,908.78 from CNY 22,467,185,473.10, a decline of 14.3%[29] - As of March 31, 2024, the company's total current assets decreased to approximately 29.03 billion CNY from 32.58 billion CNY at the beginning of the period, reflecting a decline of about 10.5%[27] Shareholder Information - The company had a total of 197,759 common shareholders at the end of the reporting period[11] - The company’s major shareholders include J.P. Morgan Securities PLC with 31,523,619 shares, accounting for 1.25% of total share capital[13] - The company plans to distribute a cash dividend of 6.00 CNY per 10 shares to all shareholders, pending approval at the 2023 annual general meeting[21] Share Repurchase and Incentive Plans - As of March 31, 2024, the company repurchased a total of 35,457,268 shares, accounting for 1.41% of the total share capital[19] - The total amount used for the share repurchase plan reached the upper limit of RMB 6 billion, with a total transaction amount of RMB 599,921,533[19] - The company plans to use the repurchased shares for cancellation and reduction of registered capital, enhancing long-term investment value and earnings per share[18] - The company intends to repurchase and cancel a total of 18.854639 million shares of restricted stock due to performance assessment not meeting the release conditions[22] Research and Development - Research and development expenses increased to CNY 126,125,594.35, up 16.1% from CNY 108,597,053.49 in the previous year[30] Other Financial Metrics - The company's basic earnings per share (EPS) was ¥0.14, a decline of 6.67% from ¥0.15 in the same period last year[5] - The weighted average return on equity (ROE) was 1.23%, down from 1.43% in the previous year[5] - The company’s retained earnings increased to CNY 16,446,414,381.02 from CNY 16,098,691,927.30, reflecting a growth of 2.2%[29]