DGKG(000828)2024-04-24 10:43Financial Performance - The company's operating revenue for Q1 2024 was CNY 426,475,994.13, a decrease of 26.78% compared to CNY 582,457,200.29 in the same period last year[14] - Net profit attributable to shareholders for Q1 2024 was CNY 402,591,873.66, representing a 59.30% increase from CNY 252,723,032.47 year-on-year[14] - The net profit after deducting non-recurring gains and losses was CNY 213,121,275.75, down 11.07% from CNY 239,660,708.05 in the previous year[14] - Basic earnings per share for Q1 2024 increased to CNY 0.3771, up 63.60% from CNY 0.2305 year-on-year[14] - The net profit for the reporting period was approximately ¥397.70 million, an increase of 58.99% compared to ¥250.14 million in the previous period[17] - Total operating revenue for the current period is ¥426,475,994.13, a decrease of 26.8% from ¥582,457,200.29 in the previous period[25] - Net profit for the current period is ¥397,697,666.31, an increase of 59.2% compared to ¥250,140,843.04 in the previous period[26] - Investment income for the current period is ¥304,749,668.43, significantly up from ¥59,719,484.67 in the previous period[26] Cash Flow - The net cash flow from operating activities was negative at CNY -743,149,397.05, a decline of 217.69% compared to CNY 631,434,670.37 in the same period last year[14] - The net cash flow from operating activities decreased by 217.69%, resulting in a negative cash flow of approximately ¥743.15 million, compared to a positive cash flow of ¥631.43 million in the previous period[17] - The cash inflow from investment activities was ¥1,675,060,413.22, significantly higher than the previous period's inflow of ¥417,009.53[43] - The cash flow from investment activities improved by 67.61%, resulting in a negative cash flow of approximately ¥370.29 million, compared to -¥1.14 billion in the previous period[17] - The net cash flow from investing activities was -1.14 billion in the previous period[45] - The net cash flow from financing activities was 696.25 million in the previous period[45] Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 20,396,834,776.08, a decrease of 30.55% from CNY 29,369,505,614.12 at the end of the previous year[14] - The total assets as of March 31, 2024, amounted to approximately ¥20.40 billion, down from ¥29.37 billion at the beginning of the period[23] - Total liabilities amount to ¥10,536,721,292.15, down from ¥11,464,604,237.47 in the previous period[25] - The company's current assets totaled approximately ¥7.87 billion, an increase from ¥5.15 billion in the previous period[23] - The company's short-term borrowings increased to approximately ¥4.61 billion from ¥3.48 billion in the previous period[23] - Other receivables increased significantly by 8568.31% to ¥4,004,913,203.06, attributed to new receivables from the reduction of capital from Dongguan Rail Transit Line 1 Construction Development Co., Ltd.[33] Shareholder Information - Shareholders' equity attributable to the parent company was CNY 9,717,504,502.25, down 11.00% from CNY 10,918,643,403.26 year-on-year[14] - The total number of ordinary shareholders at the end of the reporting period was 34,893[10] - The total comprehensive income attributable to the parent company was ¥409,405,011.44, compared to ¥255,588,906.46 in the previous period[43] Non-Recurring Items - The company reported a non-recurring gain of CNY 189,470,597.91 after tax, primarily from the exit of a project related to the Dongguan Rail Line No. 1[7] - The company received government subsidies amounting to CNY 2,802,180.70 during the reporting period[7] - The company completed the exit from the Dongguan Rail Line No. 1 construction company, with a total reduction amount and compensation of approximately ¥3.97 billion[20] - The company plans to transfer 22.2069% of its equity in Dongguan Trust for approximately ¥1.43 billion, pending shareholder approval[20] Expenses - Total operating costs for the current period are ¥194,036,185.39, down 44.4% from ¥347,811,440.86 in the previous period[26] - Research and development expenses decreased to ¥1,329,933.17 from ¥6,027,183.31, a reduction of 78.0%[26] - The company reported a tax expense of ¥120,508,434.42, compared to ¥65,762,841.77 in the previous period, reflecting a 83.3% increase[26] Other Information - The company has not audited its first-quarter report for 2024[46]