广联达(002410) - 2024 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2024 was CNY 1,286,363,026.25, a decrease of 1.08% compared to CNY 1,300,372,807.13 in the same period last year[4] - Net profit attributable to shareholders was CNY 6,078,078.90, down 94.92% from CNY 119,763,441.45 year-on-year[4] - Basic earnings per share decreased to CNY 0.0037, a decline of 94.92% from CNY 0.0728 in the same period last year[4] - Total operating revenue for Q1 2024 was CNY 1,299,823,448.49, a decrease of 0.02% compared to CNY 1,312,025,958.19 in Q1 2023[22] - Operating income was CNY 1,286,363,026.25, down from CNY 1,300,372,807.13 in the same period last year[22] - The company reported a net profit margin of approximately 5.5% based on the operating revenue[22] - Net profit for the quarter was ¥14,169,171.67, a significant decline from ¥124,511,803.66, indicating a drop of around 88.6% year-over-year[23] - Basic earnings per share decreased to ¥0.0037 from ¥0.0728, a decline of approximately 95.0%[24] Cash Flow and Liquidity - The net cash flow from operating activities improved by 18.86%, reaching CNY -750,069,275.91 compared to CNY -924,433,593.88 in the previous year[10] - The company’s cash and cash equivalents decreased from 3,696,819,890.17 RMB at the beginning of the period to 2,359,293,891.37 RMB at the end of the period[19] - Cash flow from operating activities was ¥660,947,932.01, down from ¥778,910,745.39, representing a decrease of about 15.1%[25] - The total cash outflow from operating activities was 1,475,707,662.15, compared to 1,890,558,924.85, showing a 22% decrease[26] - Cash and cash equivalents at the end of the period totaled 2,329,025,062.00, down from 2,874,865,799.13, reflecting a 19% decline[26] Assets and Liabilities - Total assets at the end of the reporting period were CNY 10,006,112,681.30, down 6.27% from CNY 10,675,950,410.05 at the end of the previous year[4] - Total liabilities decreased to CNY 3,643,741,789.94 from CNY 4,297,347,715.14, a reduction of about 15.2%[21] - Accounts receivable increased to CNY 953,988,039.12 from CNY 842,473,740.08, reflecting a growth of approximately 13.2%[20] - Inventory rose to CNY 61,867,881.38, up from CNY 48,904,384.57, indicating a year-over-year increase of about 26.4%[20] Expenses and Investments - The company reported a significant increase in management expenses by 47.62%, totaling CNY 420,496,501.02, primarily due to organizational restructuring and increased severance payments[8] - Investment income showed a substantial decline of 197.34%, resulting in a loss of CNY 10,403,334.06, attributed to increased losses from joint ventures and reduced financial income[9] - The company has adjusted the total amount of raised funds for investment projects, reducing it by 27.98 million RMB due to various reasons, including the deduction of issuance fees[16] - The company’s R&D expenditure for the quarter was CNY 506,167,609.03, an increase from CNY 428,596,142.14 in the previous year, reflecting a commitment to innovation[20] - Research and development expenses decreased to ¥372,588,504.00 from ¥414,903,894.58, a reduction of approximately 10.2%[23] Shareholder Information - The total number of common shareholders at the end of the reporting period is 78,597, with the top 10 shareholders holding a combined 49.29% of shares[11] - The largest shareholder, Diao Zhizhong, holds 15.98% of shares, amounting to 266,090,783 shares, with 101,400,000 shares pledged[11] - As of March 31, 2024, the company has repurchased a total of 15,705,867 shares, accounting for 0.9434% of the total shares, with a total transaction amount of 312,775,001.30 RMB[17] Project Updates - The company has completed investments in several projects, including the Cost Big Data and AI Application Project, which has an investment progress of 100.13%[15] - The total amount of funds raised for investment projects is 270 million RMB, with a cumulative investment amount of 261,165.78 million RMB, representing a progress of 97.74%[15] - The investment progress for the Digital Project Integration Management Platform Project is 100.81%, exceeding the committed investment amount by 0.81%[16] - The company has completed the construction of the Digital Building Product R&D and Industrialization Base Project, which was fully operational by June 2023[16] Other Financial Metrics - The company reported a decrease in sales expenses to ¥316,019,252.00 from ¥337,170,331.42, a reduction of approximately 6.3%[23] - Other comprehensive income after tax showed a loss of ¥26,322,733.88 compared to a loss of ¥60,749,256.09 in the previous year, indicating an improvement[24] - Total cash inflow from investment activities was 263,149,523.17, down from 444,623,010.76, indicating a 41% decrease[26] - The net cash flow from investment activities was -550,503,501.28, slightly worse than -519,799,623.39 from the previous year[26] - The company did not receive any cash from financing activities in the current quarter, compared to 17,916,228.00 in the previous year[26]