Tianjin Port (SH:600717)2024-04-24 09:53Financial Performance - The company's operating revenue for Q1 2024 was CNY 2,787,586,925.81, representing a year-on-year increase of 4.66%[20] - The net profit attributable to shareholders of the listed company was CNY 305,542,817.43, reflecting a growth of 9.14% compared to the same period last year[20] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 305,494,315.44, which is an increase of 11.29% year-on-year[20] - The net profit for the period was 444,369,932.10, an increase of 9.36% compared to 406,346,892.51 from the previous period[32] - The total comprehensive income for the period reached 456,122,733.27, compared to 424,478,412.42, indicating an increase of 7.46%[32] - Basic and diluted earnings per share were both 0.11, an increase from 0.10 in the previous period[32] - Operating profit for Q1 2024 was ¥532,710,822.00, representing a growth of 8.63% from ¥490,339,454.84 in Q1 2023[46] Cash Flow - The net cash flow from operating activities was CNY 274,694,598.71, showing a decrease of 16.69% compared to the previous year[20] - The net cash flow from investing activities was -62,532,917.12, an improvement from -120,250,687.50 in the previous period[35] - The net cash flow from financing activities was -110,339,998.34, compared to -78,219,157.22 previously, indicating a decline in cash flow from financing[35] - Net cash flow from operating activities for Q1 2024 was ¥274,694,598.71, a decrease of 16.67% compared to ¥329,718,516.26 in Q1 2023[49] - Total cash inflow from operating activities in Q1 2024 was ¥2,510,720,825.25, down 5.39% from ¥2,654,238,357.60 in Q1 2023[49] - Total cash outflow from operating activities for Q1 2024 was ¥2,236,026,226.54, a decrease of 3.79% compared to ¥2,324,519,841.34 in Q1 2023[49] Assets and Liabilities - The total assets at the end of the reporting period were CNY 35,592,743,716.56, up 1.47% from the end of the previous year[20] - The equity attributable to shareholders of the listed company was CNY 18,957,456,901.42, an increase of 1.75% from the end of the previous year[20] - Cash and cash equivalents at the end of the period amounted to 5,076,888,436.40, up from 4,463,295,237.40, representing a growth of 13.76%[35] - The total assets reached ¥35,592,743,716.56, compared to ¥35,077,672,984.72, marking an increase of approximately 1.5%[43] - Current liabilities totaled ¥5,513,005,647.48, up from ¥5,357,911,052.94, reflecting an increase of about 2.9%[43] - Total liabilities increased to ¥9,614,501,401.57 from ¥9,546,888,170.48, which is an increase of approximately 0.7%[44] - The equity attributable to shareholders rose to ¥18,957,456,901.42 from ¥18,631,979,155.10, indicating an increase of about 1.7%[44] Shareholder Information - The number of common shareholders at the end of the reporting period was 81,409, reflecting the company's shareholder base[37] - The largest shareholder, Xianchuang Investment Co., Ltd., held 56.81% of the shares, indicating a strong concentration of ownership[37] Research and Development - Research and development expenses increased to ¥14,244,427.74 in Q1 2024, up 36.00% from ¥10,406,850.31 in Q1 2023[46] Other Financial Metrics - Non-recurring gains and losses amounted to CNY 48,501.99, after accounting for tax effects and minority interests[8] - The weighted average return on equity was 1.63%, which increased by 0.08 percentage points year-on-year[20] - The company reported a decrease in goodwill from ¥29,131,571.48 to ¥27,633,655.83, reflecting a decline of approximately 5.1%[43] - The inventory level increased to ¥50,750,934.35 from ¥46,184,221.63, showing an increase of about 10.0%[41] - The company reported a decrease in tax and additional charges to ¥7,436,021.42 in Q1 2024 from ¥7,679,977.43 in Q1 2023[46] - Other income for Q1 2024 was ¥2,562,332.92, down 62.32% from ¥6,799,726.84 in Q1 2023[46] - The company recorded a credit impairment loss of ¥2,558,091.37 in Q1 2024, compared to ¥379,082.99 in Q1 2023[46]