AEOLUS(SH:600469)2024-04-24 10:53Financial Performance - The company's operating revenue for Q1 2024 was CNY 1,468,870,875.99, representing a year-on-year increase of 15.57%[6] - The net profit attributable to shareholders for Q1 2024 was CNY 74,441,280.62, up 45.96% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 49.13% to CNY 68,768,302.05[6] - The basic earnings per share for Q1 2024 was CNY 0.10, reflecting a 45.79% increase year-on-year[6] - The total comprehensive income for Q1 2024 was CNY 69,509,274.50, compared to CNY 49,649,710.89 in Q1 2023, indicating a growth of 39.9%[24] - Basic and diluted earnings per share for Q1 2024 were both CNY 0.10, up from CNY 0.07 in Q1 2023, reflecting a 42.9% increase[24] - The company reported a significant increase in sales volume and improved product profitability as the main reasons for the profit growth[11] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -64,111,325.68, a decline of 164.07% compared to the previous year[6] - The company reported a net cash outflow from operating activities of CNY -64,111,325.68 in Q1 2024, compared to a net inflow of CNY 100,068,552.92 in Q1 2023[26] - Cash and cash equivalents decreased to RMB 1,074,255,781.09 from RMB 1,241,798,372.41, representing a decline of 13.5%[17] - Cash and cash equivalents at the end of Q1 2024 were CNY 914,139,772.54, a decrease from CNY 1,056,206,176.85 at the beginning of the quarter[27] - The investment activities resulted in a net cash outflow of CNY -19,665,794.89 in Q1 2024, compared to CNY -68,333,008.30 in Q1 2023, showing a reduced outflow[27] Assets and Liabilities - The total assets at the end of the reporting period were CNY 7,243,045,154.53, a slight increase of 0.67% from the end of the previous year[7] - Total assets as of March 31, 2024, amounted to RMB 7,243,045,154.53, a slight increase from RMB 7,194,594,186.23 at the end of 2023[19] - Total liabilities decreased to RMB 3,929,237,835.88 from RMB 3,950,296,142.08, a reduction of 0.5%[19] - Non-current liabilities increased to RMB 1,314,078,720.49, up from RMB 1,090,142,956.24, indicating a rise of 20.6%[19] - The company's total equity rose to RMB 3,313,807,318.65 from RMB 3,244,298,044.15, reflecting an increase of 2.1%[19] Operating Costs and Expenses - Total operating costs increased to CNY 1,372,745,347.82 in Q1 2024 from CNY 1,196,891,791.09 in Q1 2023, reflecting a growth of 14.7%[23] - Research and development expenses rose significantly to CNY 81,010,279.46, up from CNY 49,414,523.61, marking a 63.8% increase year-over-year[23] - The company incurred a financial expense of CNY -4,125,502.80 in Q1 2024, a significant improvement compared to CNY 9,409,530.91 in Q1 2023[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 25,990[12] - The company's net loss narrowed to RMB -177,039,354.55 from RMB -251,480,635.17 year-over-year[19] Government Support - The company received government subsidies amounting to CNY 1,571,872.60, which are closely related to its normal operations[9]