CCS(SH:600180)2024-04-25 12:38Financial Performance - The company's operating revenue for Q1 2024 was CNY 6,970,809,310.89, representing a decrease of 35.23% compared to the same period last year[5] - The net profit attributable to shareholders was CNY 103,473,197.59, down 49.16% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 127,940,490.84, a decrease of 26.11% compared to the previous year[5] - Basic and diluted earnings per share were both CNY 0.0960, down 50.77% from the same period last year[5] - Net profit for Q1 2024 was ¥105,361,004.15, a decline of 48.2% from ¥203,345,604.55 in Q1 2023[20] - Earnings per share for Q1 2024 were ¥0.0960, down from ¥0.1950 in Q1 2023, representing a 50.7% decrease[21] - The company reported a total comprehensive income of ¥98,882,703.83 for Q1 2024, down from ¥170,361,167.00 in Q1 2023[21] Cash Flow - The net cash flow from operating activities was negative at CNY -309,485,718.63, a decline of 115.42% year-on-year[5] - The net cash flow from operating activities for Q1 2024 was -$309.49 million, a significant decrease compared to $2.01 billion in Q1 2023[24] - Total cash inflow from financing activities was approximately $2.99 billion, compared to $2.07 billion in the same period last year, indicating a year-over-year increase of about 44.7%[25] - The net cash flow from financing activities improved to $308.51 million in Q1 2024, contrasting with a net outflow of $615.30 million in Q1 2023[25] - The total cash and cash equivalents at the end of Q1 2024 stood at $661.16 million, down from $2.19 billion at the end of Q1 2023, reflecting a decrease of approximately 69.8%[25] - Cash outflows from investing activities totaled approximately $356.41 million, compared to $175.93 million in Q1 2023, representing an increase of about 102.5%[24] - The company paid $1.31 billion in cash for other financing activities, slightly down from $1.32 billion in Q1 2023[25] - The company’s cash outflows for operating activities totaled $7.48 billion in Q1 2024, compared to $12.73 billion in Q1 2023, reflecting a decrease of approximately 41.5%[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 31,500,238,034.45, an increase of 3.76% from the end of the previous year[6] - Current assets totaled RMB 17,559,966,855.10, up from RMB 16,552,803,663.02, indicating an increase of about 6.08%[16] - Total liabilities reached RMB 23,451,269,909.69, compared to RMB 22,414,129,773.11, marking an increase of approximately 4.63%[17] - The company's short-term borrowings increased to RMB 2,488,082,329.19 from RMB 2,421,553,852.68, reflecting a rise of about 2.75%[17] - The total equity stood at RMB 8,048,968,124.76, up from RMB 7,944,819,254.46, indicating an increase of approximately 1.31%[17] - The cash and cash equivalents decreased to RMB 3,667,511,154.15 from RMB 3,820,664,820.15, a decline of about 4.00%[15] Shareholder Information - The company reported a total of 27,953 common shareholders at the end of the reporting period[12] - The largest shareholder, Zhengzhou Ruimaotong Supply Chain Co., Ltd., held 51.02% of the shares, amounting to 554,443,265 shares[12] - The company has not reported any changes in the top 10 shareholders due to securities lending activities during the reporting period[14] Other Financial Metrics - The weighted average return on equity decreased by 1.37 percentage points to 1.30%[6] - Financial expenses for Q1 2024 were ¥92,057,160.20, an increase of 73.5% from ¥53,055,085.15 in Q1 2023[19] - Investment income for Q1 2024 was ¥37,764,276.34, a significant decrease from ¥149,014,654.75 in Q1 2023[19] - Other comprehensive income after tax for Q1 2024 was -¥6,478,300.32, compared to -¥32,984,437.55 in Q1 2023[21] - Cash received from sales of goods and services in Q1 2024 was ¥7,099,567,900.90, a decrease of 51.5% compared to ¥14,632,143,537.43 in Q1 2023[23]