华勤技术(603296) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 16,228,944,864.97, representing a decrease of 3.52% compared to the same period last year [6] - Net profit attributable to shareholders was CNY 605,553,229.57, an increase of 2.59% year-on-year [6] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 43.14% to CNY 529,911,151.95 [6] - Basic earnings per share decreased by 7.77% to CNY 0.8351 [7] - Net profit for Q1 2024 was CNY 595,562,581.47, an increase of 4.5% compared to CNY 571,102,077.13 in Q1 2023 [20] - Total operating revenue for Q1 2024 was CNY 16,228,944,864.97, a decrease of 3.52% compared to CNY 16,820,510,079.77 in Q1 2023 [19] - Total operating costs decreased to CNY 15,534,303,663.03, down 4.94% from CNY 16,344,715,045.15 in the same period last year [19] - The total comprehensive income for Q1 2024 was CNY 485,437,928.12, an increase from CNY 432,993,084.79 in Q1 2023 [21] Cash Flow and Investments - The net cash flow from operating activities was CNY 990,083,374.62, reflecting a growth of 2.73% [6] - Cash flow from operating activities was CNY 18,031,061,876.46, a decrease of 10.2% from CNY 20,089,936,370.91 in Q1 2023 [23] - The company reported a total cash inflow from operating activities of approximately $18.79 billion, down from $21.09 billion in the previous year, reflecting a decline of about 11% [24] - The total cash inflow from investment activities was approximately $1.84 billion, significantly higher than $312.78 million in the same quarter last year [24] - The cash outflow for investment activities totaled approximately $2.08 billion, compared to $1.89 billion in the same period last year, indicating an increase of about 10% [24] - The net cash flow from financing activities was negative at approximately -$632.66 million, compared to a positive $2.25 billion in Q1 2023, indicating a substantial decrease in financing inflows [25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 51,825,891,704.26, a slight increase of 0.61% from the end of the previous year [7] - As of March 31, 2024, the total assets of the company amounted to RMB 51.83 billion, an increase from RMB 51.51 billion as of December 31, 2023, reflecting a growth of approximately 0.63% [16] - The company's current assets totaled RMB 36.33 billion, slightly up from RMB 36.13 billion, indicating a growth of about 0.55% [16] - The total liabilities decreased to RMB 30.50 billion from RMB 30.67 billion, showing a reduction of about 0.54% [17] - The company's short-term borrowings decreased to RMB 3.75 billion from RMB 3.84 billion, a decline of approximately 2.00% [17] - The long-term borrowings decreased significantly from RMB 1.35 billion to RMB 0.95 billion, a reduction of about 29.00% [17] - The total equity increased to RMB 21.33 billion from RMB 20.84 billion, reflecting a growth of approximately 2.35% [17] - The company's cash and cash equivalents stood at RMB 12.91 billion, up from RMB 12.76 billion, indicating an increase of about 1.07% [15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,686 [12] - The company’s equity attributable to shareholders increased by 2.19% to CNY 21,324,280,453.32 [7] Expenses - Research and development expenses for Q1 2024 were CNY 1,081,164,076.42, slightly down from CNY 1,106,480,255.62 in Q1 2023 [19] - The company experienced a decrease in sales expenses to CNY 47,868,654.26 from CNY 51,821,632.47 in the previous year [19] - The cash paid for employee compensation was approximately $1.56 billion, slightly down from $1.58 billion in Q1 2023, indicating a decrease of about 2.3% [24] Other Financial Metrics - The weighted average return on equity decreased by 1.80 percentage points to 2.87% [7] - The company recognized non-recurring gains of CNY 75,642,077.62, after accounting for tax effects and minority interests [9] - The company reported a financial asset fair value change loss of CNY 119,475,343.66 in Q1 2024, compared to a gain of CNY 115,234,403.19 in Q1 2023 [20] - The accounts receivable decreased to RMB 13.89 billion from RMB 14.37 billion, a decline of approximately 3.35% [15] - The company reported a significant increase in other non-current assets, totaling RMB 2.04 billion, compared to RMB 2.06 billion, indicating a slight decrease of about 0.97% [16] - The impact of exchange rate fluctuations on cash and cash equivalents was approximately $29.13 million, a decrease from $128.46 million in Q1 2023 [25]