Financial Performance - The company's operating revenue for Q1 2024 was CNY 2,505,858,827.95, representing a 5.43% increase compared to CNY 2,376,899,235.76 in the same period last year[3] - Net profit attributable to shareholders for Q1 2024 reached CNY 265,569,664.74, a significant increase of 92.15% from CNY 138,207,231.79 in Q1 2023[3] - Basic earnings per share for Q1 2024 were CNY 0.06, doubling from CNY 0.03 in the same quarter last year, indicating a 100% increase[3] - The company reported a profit before tax of CNY 307,837,265.73, which is a 79.46% increase from CNY 171,531,280.72 in Q1 2023[5] - The company experienced a significant increase in other operating income, which rose by 860.92% to CNY 457,873.29 from CNY 47,649.35 in the same quarter last year[5] - Net profit for Q1 2024 was CNY 265,569,664.74, up 92.2% from CNY 138,207,231.79 in Q1 2023[13] Cash Flow - The net cash flow from operating activities improved to CNY 343,994,140.80, a remarkable increase of 549.22% compared to a negative cash flow of CNY -76,576,134.29 in the previous year[3] - Cash inflow from operating activities totaled ¥4,075,011,529.55, an increase of 31.0% from ¥3,109,903,785.07 in the previous period[15] - Cash outflow from operating activities was ¥3,731,017,388.75, resulting in a net cash flow from operating activities of ¥343,994,140.80, compared to a negative cash flow of ¥76,576,134.29 in the previous period[15] - Cash flow from investing activities generated a net inflow of ¥33,044,498.89, recovering from a net outflow of ¥7,264,214.18 in the previous period[16] - Cash flow from financing activities resulted in a net outflow of ¥18,468,966.15, improving from a net outflow of ¥34,500,900.05 in the previous period[16] Assets and Liabilities - Total assets at the end of Q1 2024 amounted to CNY 20,529,598,493.37, reflecting a 0.62% increase from CNY 20,402,645,262.93 at the end of the previous year[3] - The total liabilities decreased to CNY 1,604,442,827.00 from CNY 1,723,062,683.62, showing improved financial stability[11] - The company's cash and cash equivalents at the end of the period amount to ¥5,912,554,215.30, an increase from ¥5,553,984,541.76 at the beginning of the period[9] - Accounts receivable decreased to ¥2,162,203,516.38 from ¥2,396,450,687.20[9] - Total current assets increased to ¥9,182,159,485.11 from ¥8,877,476,838.29[9] Shareholder Information - The total equity attributable to shareholders increased by 1.31% to CNY 18,925,155,666.37 from CNY 18,679,582,579.31 at the end of the previous year[3] - Total number of common shareholders at the end of the reporting period is 85,297[7] - The largest shareholder, China Railway Investment, holds 76.50% of the shares, totaling 3,400,000,000 shares[7] - The second-largest shareholder, Dongfeng Motor Group, holds 6.30% of the shares[7] - The company has a total of 280,000,000 unrestricted circulating shares[7] Research and Development - Research and development expenses decreased by 73.75% to CNY 271,698.11 compared to CNY 1,035,209.77 in the previous year, indicating reduced spending in this area[5] - Research and development expenses were CNY 271,698.11, down from CNY 1,035,209.77, indicating a potential shift in focus or efficiency in R&D spending[12] Future Outlook - The company plans to continue focusing on market expansion and efficiency improvements in operations to sustain growth[12]
中铁特货(001213) - 2024 Q1 - 季度财报