NBOSCO(SH:601022)2024-04-25 08:14Financial Performance - The company's operating revenue for the first quarter of 2024 was CNY 1,167,072,448.15, representing a year-over-year increase of 4.37%[36] - The net profit attributable to shareholders of the listed company was CNY 166,827,983.50, reflecting a growth of 6.32% compared to the same period last year[36] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 152,874,333.48, which is an increase of 24.23% year-over-year[36] - The total profit for the period was CNY 219,123,156.20, compared to CNY 207,534,695.93 in the previous year[24] - The total comprehensive income attributable to shareholders of the parent company was CNY 166,827,983.50, up from CNY 156,912,947.02 in the same quarter last year[25] - The company's operating profit was CNY 218,323,115.18, compared to CNY 207,523,895.93 in the previous year[24] - The company's operating revenue for Q1 2024 was approximately $1.009 billion, an increase of 2.8% compared to $989 million in Q1 2023[80] - The net profit for Q1 2024 reached approximately $132.9 million, up from $116.7 million in Q1 2023, reflecting a growth of 13.9%[80] Assets and Liabilities - The total assets of Ningbo Ocean Transport Co., Ltd. amounted to CNY 7,595,330,714.35, a decrease from CNY 7,899,456,211.88 in the previous period[21] - The total liabilities decreased to CNY 2,000,576,206.17 from CNY 2,462,819,586.76[21] - The total equity attributable to shareholders increased to CNY 5,586,897,624.57 from CNY 5,428,303,063.72[21] - The company's total assets increased from approximately $6.870 billion in the previous period to $6.505 billion, indicating a decrease of about 5.3%[80] - The total liabilities decreased from approximately $2.080 billion to $1.590 billion, a reduction of about 23.6%[80] - Total current assets decreased to CNY 2,422,712,638.23 from CNY 2,691,369,744.07, a decrease of approximately 10%[46] Cash Flow - The net cash flow generated from operating activities was CNY 366,907,348.49, showing a decrease of 3.62% compared to the previous year[36] - The cash flow from operating activities for Q1 2024 was approximately $209.2 million, down from $251.1 million in Q1 2023, a decline of 16.7%[84] - The net cash flow from investing activities in Q1 2024 was -¥607,768,891.90, compared to -¥131,240,440.61 in Q1 2023, showing a significant increase in cash outflow[56] - The cash flow from investing activities showed a net outflow of approximately $607.4 million in Q1 2024, compared to a net outflow of $128.9 million in Q1 2023[84] Shareholder Information - The number of common shareholders at the end of the reporting period was 36,481[13] - The basic earnings per share for the first quarter was CNY 0.13, an increase of 8.33% year-over-year[36] - Diluted earnings per share for the reporting period is CNY 0.13, representing an increase of 8.33% compared to the previous period[37] - The weighted average return on equity increased by 0.04 percentage points to 3.03% at the end of the reporting period compared to the end of the previous year[37] Inventory and Receivables - The company’s inventory decreased to CNY 62,259,286.18 from CNY 66,909,064.20 year-over-year[30] - Accounts receivable increased to CNY 855,717,332.26 from CNY 793,064,021.55, reflecting an increase of about 7.9%[46] - Other receivables increased to CNY 27,480,104.67 from CNY 21,973,662.46, marking a rise of approximately 25.1%[46] - Inventory decreased to CNY 64,852,735.60 from CNY 69,858,133.47, a decline of about 7.2%[46] Non-Recurring Gains and Losses - The company reported non-recurring gains and losses totaling CNY 13,953,650.02 after tax impacts[5] - The company reported non-recurring gains and losses of CNY 17,802,759.64 related to government subsidies closely tied to normal business operations[38]