华鲁恒升(600426) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 reached CNY 7,978,040,671.96, representing a year-on-year increase of 31.80%[4] - The net profit attributable to shareholders was CNY 1,065,362,337.51, reflecting a growth of 36.30% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 1,068,201,278.30, an increase of 37.74% year-on-year[4] - Basic earnings per share were CNY 0.502, marking a 36.41% increase[4] - In Q1 2024, the company reported a net profit of CNY 1,136,659,292.60, a significant increase of 45.7% compared to CNY 780,068,834.93 in Q1 2023[18] - Total comprehensive income for the period was CNY 1,136,659,292.60, compared to CNY 780,068,834.93 in Q1 2023, indicating a 45.7% increase[18] Cash Flow and Operating Activities - The net cash flow from operating activities amounted to CNY 1,130,744,553.55, up 41.27% from the previous year[4] - Cash flow from operating activities generated a net inflow of CNY 1,130,744,553.55, compared to CNY 800,406,615.53 in the same quarter last year, marking a 41.2% increase[22] Assets and Liabilities - The total assets at the end of the reporting period were CNY 44,934,291,904.08, a 2.00% increase from the end of the previous year[5] - The company's total assets as of March 31, 2024, amounted to CNY 44,934,291,904.08, compared to CNY 44,051,457,552.57 at the end of 2023[14] - The company's total liabilities decreased to CNY 13,347,182,917.36 from CNY 13,613,849,224.64, indicating a reduction of 2.0%[14] - Current assets increased to CNY 8,709,215,219.51 as of March 31, 2024, from CNY 7,922,570,895.24 at the end of 2023, reflecting a growth of 9.9%[13] - Non-current assets totaled CNY 36,225,076,684.57, slightly up from CNY 36,128,886,657.33 at the end of 2023[13] Shareholder Information - The equity attributable to shareholders was CNY 29,969,371,249.71, which is a 3.73% increase compared to the previous year-end[5] - The equity attributable to shareholders increased to CNY 29,969,371,249.71 as of March 31, 2024, compared to CNY 28,891,046,805.13 at the end of 2023, marking a growth of 3.7%[14] - The number of ordinary shareholders at the end of the reporting period was 43,721[8] Operating Costs and Expenses - Total operating costs for Q1 2024 were CNY 6,574,462,417.52, up 28.0% from CNY 5,143,637,430.90 in Q1 2023[16] - Research and development expenses decreased to CNY 122,529,471.30, down 29% from CNY 172,371,154.47 in Q1 2023[18] - The company incurred financial expenses of CNY 57,953,617.37, a significant rise from CNY 12,305,471.88 in the previous year[18] - The company’s tax expenses for the quarter were CNY 235,057,693.11, up from CNY 135,863,271.54 in Q1 2023, reflecting a 73.3% increase[18] Revenue Drivers - The increase in operating revenue was primarily due to the successful production launch of the Jingzhou Phase I project, leading to higher product sales[6] - The total revenue from operating activities reached CNY 7,284,955,668.73, up 31.8% from CNY 5,528,493,894.58 in the same period last year[20]