GZP(SH:601228)2024-04-25 07:57Financial Performance - The company's operating revenue for Q1 2024 was CNY 3,237,749,999.69, representing an increase of 8.86% compared to the same period last year[4]. - The net profit attributable to shareholders of the listed company was CNY 317,886,674.67, a decrease of 6.58% year-on-year[4]. - The basic earnings per share for the period was CNY 0.042, reflecting a decline of 6.67% year-on-year[5]. - Total revenue for Q1 2024 reached ¥3,237,749,999.69, an increase of 8.8% compared to ¥2,974,167,885.49 in Q1 2023[19]. - Net profit for Q1 2024 was ¥368,271,588.21, a decrease of 6.1% from ¥392,456,110.17 in Q1 2023[20]. - Earnings per share for Q1 2024 was ¥0.042, down from ¥0.045 in Q1 2023[21]. - The company reported a total comprehensive income of ¥356,213,597.38 for Q1 2024, compared to ¥390,152,055.22 in Q1 2023[21]. Cash Flow - The net cash flow from operating activities was CNY 807,613,076.51, down by 2.47% compared to the previous year[4]. - Operating cash inflow totaled CNY 3,712,542,371.89, a decrease from CNY 3,911,716,148.71 in the previous year, reflecting a decline of approximately 5.1%[22]. - Operating cash outflow amounted to CNY 2,904,929,295.38, down from CNY 3,083,608,542.44, indicating a reduction of about 5.8%[22]. - Cash inflow from financing activities reached CNY 1,857,734,512.06, down from CNY 3,079,460,155.66, reflecting a decrease of approximately 39.5%[23]. - Net cash flow from financing activities was CNY 673,181,431.95, a decrease from CNY 1,067,940,786.45, representing a decline of about 37.0%[23]. - The net increase in cash and cash equivalents was CNY 365,765,514.73, significantly lower than CNY 869,170,400.55, indicating a decrease of approximately 57.9%[23]. - The ending balance of cash and cash equivalents stood at CNY 6,982,352,825.19, down from CNY 8,608,193,671.28, reflecting a decline of about 18.9%[23]. Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 50,401,589,874.33, an increase of 1.66% from the end of the previous year[5]. - Current assets totaled CNY 9.52 billion, up from CNY 9.04 billion, indicating an increase of about 5.2% year-over-year[16]. - Non-current assets reached CNY 40.88 billion, slightly higher than CNY 40.54 billion from the previous year, showing a growth of approximately 0.84%[17]. - Total liabilities amounted to CNY 26.29 billion, compared to CNY 25.82 billion, representing an increase of approximately 1.8%[17]. - Long-term borrowings increased to CNY 9.66 billion from CNY 9.51 billion, reflecting a growth of about 1.6%[17]. - Short-term borrowings decreased to CNY 2.58 billion from CNY 2.84 billion, a reduction of about 9.0%[17]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 72,107[9]. - The company's equity attributable to shareholders increased to ¥20,475,193,721.62 in Q1 2024 from ¥20,157,027,112.12 in Q1 2023[18]. - The company’s total equity remains stable, with no significant changes reported in the equity structure during the quarter[14]. Expenses - Total operating costs for Q1 2024 were ¥2,849,073,405.77, up 10.7% from ¥2,574,097,545.91 in Q1 2023[19]. - Financial expenses increased by 36.42% due to higher interest expenses related to capitalized fixed assets[8]. - Research and development expenses for Q1 2024 were ¥6,031,546.91, up from ¥5,125,827.09 in Q1 2023[20]. - Financial expenses, including interest expenses, rose to ¥95,515,571.36 in Q1 2024 from ¥70,015,355.00 in Q1 2023[20]. Other Information - Non-recurring gains and losses totaled CNY 8,296,026.41 for the period[6]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[21]. - The company did not apply new accounting standards or interpretations starting in 2024[24].