华建集团(600629) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 1,674,883,800.46, representing a decrease of 0.68% compared to the same period last year[5] - The net profit attributable to shareholders was CNY 79,817,474.11, down 9.41% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 78,483,700.75, an increase of 1.97% compared to the previous year[5] - The basic earnings per share were CNY 0.08, a decline of 11.11% compared to the same period last year[5] - Net profit for Q1 2024 was approximately ¥88.37 million, down 11.67% from ¥100.06 million in Q1 2023[20] - The company reported a decrease in total comprehensive income to approximately ¥88.37 million in Q1 2024 from ¥100.07 million in Q1 2023[21] Cash Flow - The net cash flow from operating activities was negative at CNY -699,864,391.42, reflecting a decrease of 2.29% year-on-year[5] - Cash flow from operating activities showed a net outflow of approximately ¥699.86 million in Q1 2024, slightly improved from a net outflow of ¥716.28 million in Q1 2023[24] - The company's cash flow from operating activities showed a net outflow, contributing to the overall net loss for the quarter[31] - The net cash flow from operating activities was -¥10,724,546.28, an improvement from -¥20,614,196.70 in the same period last year[33] Assets and Liabilities - The total assets at the end of the reporting period were CNY 15,150,988,262.81, down 4.38% from the end of the previous year[6] - The total current assets amounted to RMB 11,567,267,023.26, a decrease of 5.76% from RMB 12,270,363,985.06 at the end of 2023[15] - Total liabilities decreased to RMB 9,721,422,864.48 from RMB 10,510,343,835.12, a decline of 7.5%[16] - The company's total assets as of March 31, 2024, were RMB 15,150,988,262.81, down from RMB 15,844,369,453.46, a decrease of 4.4%[16] - The company's total liabilities decreased from ¥2,967,729,888.71 at the end of Q4 2023 to ¥2,739,061,544.51 at the end of Q1 2024[27] Equity - The equity attributable to shareholders was CNY 5,059,504,726.69, an increase of 1.75% compared to the end of the previous year[6] - The equity attributable to shareholders increased to RMB 5,059,504,726.69 from RMB 4,972,517,819.77, reflecting a growth of 1.75%[16] - The total equity decreased slightly from ¥4,632,136,908.70 at the end of Q4 2023 to ¥4,623,912,069.41 at the end of Q1 2024[28] Investment Activities - The company reported a significant increase in credit impairment losses by 69.61%, primarily due to increased provisions for accounts receivable[10] - Investment activities resulted in a net cash outflow of approximately ¥12.29 million in Q1 2024, compared to a net inflow of ¥84.28 million in Q1 2023[24] - Cash inflows from investment activities totaled ¥87,322,069.31, significantly higher than ¥34,616,339.75 in Q1 2023, marking a 152.5% increase[33] - The net cash flow from investment activities was ¥16,345,939.16, a turnaround from -¥34,169,407.64 in Q1 2023[33] Research and Development - Research and development expenses rose by 21.4% to approximately ¥52.40 million in Q1 2024 from ¥43.16 million in Q1 2023[19] - Research and development expenses for Q1 2024 were ¥2,402,412.90, a significant increase from ¥25,921.08 in Q1 2023, reflecting a focus on innovation[29] Financing Activities - The cash flow from financing activities decreased by 180.73%, mainly due to a reduction in bank borrowings compared to the same period last year[10] - Financing activities generated a net cash outflow of approximately ¥27.28 million in Q1 2024, contrasting with a net inflow of ¥33.79 million in Q1 2023[24] - Cash outflows from financing activities reached ¥246,836,084.36, compared to ¥58,070,173.86 in Q1 2023, indicating a substantial increase in financing activities[33] Other Financial Metrics - The weighted average return on equity was 1.59%, a decrease of 0.34% year-on-year[6] - The company paid ¥9,156,628.22 in dividends and interest, up from ¥7,455,327.92 in Q1 2023, reflecting a 22.8% increase[33] - The company's financial expenses showed a significant improvement, with a net financial income of ¥1,219,680.05 in Q1 2024 compared to a loss of ¥4,356,011.47 in Q1 2023[29]