龙佰集团(002601) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 7,287,686,883.56, representing a 4.52% increase compared to CNY 6,972,260,816.27 in the same period last year[5]. - Net profit attributable to shareholders increased by 64.15% to CNY 951,100,033.95 from CNY 579,423,850.87 year-on-year[5]. - Basic earnings per share increased by 70.83% to CNY 0.41 from CNY 0.24 in the same period last year[5]. - Total operating revenue for Q1 2024 reached ¥7,293,834,345.35, an increase of 4.53% compared to ¥6,977,004,052.05 in Q1 2023[22]. - Net profit for Q1 2024 was ¥941,556,327.85, representing a 49.73% increase from ¥628,837,606.96 in Q1 2023[23]. - The company's operating profit for Q1 2024 was ¥1,147,403,044.44, up 53.38% from ¥747,590,520.24 in the same period last year[23]. Cash Flow - The net cash flow from operating activities rose by 22.31% to CNY 339,654,564.96 compared to CNY 277,696,657.86 in the previous year[5]. - Cash inflow from operating activities for Q1 2024 was ¥4,086,362,138.23, down from ¥5,106,043,677.14 in Q1 2023[25]. - The company reported a total cash outflow from operating activities of CNY 3,746,707,573.27, compared to CNY 4,828,347,019.28 in Q1 2023, reflecting a decrease of approximately 22.4%[27]. - The net increase in cash and cash equivalents for Q1 2024 was CNY 1,368,636,364.68, compared to CNY 1,301,564,197.83 in Q1 2023, indicating a growth of approximately 5.2%[28]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 66,484,788,374.21, a 4.18% increase from CNY 63,817,240,694.66 at the end of the previous year[5]. - Total current assets reached ¥22,980,997,659.56, up from ¥20,119,124,341.11, reflecting a growth of approximately 14%[18]. - Total liabilities as of the end of Q1 2024 amounted to ¥39,860,771,875.02, an increase from ¥38,792,543,835.28 in Q1 2023[20]. - The total equity attributable to shareholders of the parent company increased to ¥24,254,560,162.40 from ¥22,482,081,594.41, marking an increase of 7.89%[20]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 99,804[14]. - The largest shareholder, Xu Gang, holds 26.25% of shares, amounting to 626,515,969 shares, with 295,180,000 shares pledged[14]. Expenses - The company reported a 73.00% increase in financial expenses, totaling CNY 153,817,688.34, mainly due to reduced exchange gains and increased interest expenses[11]. - The company recorded a 74.02% increase in income tax expenses, amounting to CNY 207,887,792.07, due to an increase in total profit[11]. - Research and development expenses for Q1 2024 were ¥237,454,109.82, a decrease of 28.76% compared to ¥333,254,997.44 in Q1 2023[22]. - The company reported a decrease in total operating costs to ¥6,113,375,788.78 from ¥6,205,599,380.89, a reduction of 1.48%[22]. Inventory and Receivables - The accounts receivable increased by 42.94% to CNY 4,306,461,770.89, primarily due to increased sales volume[10]. - Accounts receivable rose to ¥4,306,461,770.89 from ¥3,012,729,072.50, indicating an increase of about 43%[18]. - The company reported a total inventory of ¥7,522,403,378.65, up from ¥7,328,180,921.73, indicating an increase of approximately 2.6%[18].