厦门信达(000701) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥12,881,463,963.16, a decrease of 38.70% compared to ¥21,014,693,716.12 in the same period last year[3] - Net profit attributable to shareholders was ¥8,130,639.54, an increase of 13.31% from ¥7,175,758.32 year-on-year[3] - The company's operating revenue for the first quarter decreased compared to the same period last year, primarily due to a reduction in supply chain business revenue[10] - Total operating revenue for the first quarter was ¥12,881,463,963.16, a decrease of approximately 38.5% compared to ¥21,014,693,716.12 in the same period last year[22] - Operating profit for Q1 2024 was CNY 18,967,519.60, down 35.5% from CNY 29,477,730.48 in the same period last year[23] - The total comprehensive income for Q1 2024 was CNY 22,699,028.46, compared to CNY 8,404,212.49 in the same period last year[24] Cash Flow - The net cash flow from operating activities improved by 28.03%, reaching -¥1,847,816,629.06 compared to -¥2,567,384,617.73 in the previous year[3] - The net cash flow from investing activities decreased compared to the same period last year, primarily due to increased cash outflows for purchasing structured deposits[11] - The net cash flow from financing activities increased compared to the same period last year, mainly due to an increase in cash received from borrowings[11] - Cash flow from operating activities showed a net outflow of CNY 1,847,816,629.06, improving from a net outflow of CNY 2,567,384,617.73 in Q1 2023[27] - Cash flow from investing activities resulted in a net outflow of CNY 1,540,289,592.67, worsening from a net outflow of CNY 823,220,279.14 in the previous year[27] - Cash flow from financing activities generated a net inflow of CNY 6,445,283,934.03, significantly higher than CNY 2,827,539,217.47 in Q1 2023[28] Assets and Liabilities - Total assets increased by 44.04% to ¥23,106,979,555.14 from ¥16,042,193,974.29 at the end of the previous year[3] - Total liabilities increased to ¥18,997,036,345.46 from ¥12,428,361,340.52, representing a rise of approximately 53.5%[19] - The company's total current liabilities increased to ¥15,617,411,277.67 from ¥9,427,831,107.18, reflecting a growth of approximately 65.0%[19] - The company's cash and cash equivalents rose by 147.43% to ¥5,146,101,425.66 from ¥2,079,844,196.75[9] - The company's cash and cash equivalents at the end of Q1 2024 stood at CNY 4,807,120,093.66, up from CNY 2,521,383,199.88 at the end of Q1 2023[28] Equity and Shareholder Information - The company’s total equity attributable to shareholders increased by 19.43% to ¥2,929,579,407.60 from ¥2,453,061,156.80[4] - The company’s weighted average return on equity was -5.60%, a decrease of 0.82% from -4.78% in the previous year[3] - The company's total number of ordinary shareholders at the end of the reporting period was 43,154[13] Research and Development - Research and development expenses increased by 33.07% to ¥10,996,803.53 from ¥8,263,773.54 year-on-year[9] - Research and development expenses increased compared to the same period last year, mainly due to higher spending on IoT and smart city projects[10] - Research and development expenses increased to CNY 10,996,803.53, up 33.2% from CNY 8,263,773.54 in Q1 2023[23] Other Income and Expenses - The company reported a significant increase in other income, which rose by 2236.82% to ¥24,772,793.50 from ¥1,060,106.82 in the previous year[9] - The company's asset impairment losses increased compared to the same period last year, primarily due to an increase in inventory write-down provisions[10] - The company's other comprehensive income after tax increased compared to the same period last year, mainly due to an increase in foreign currency translation differences[11] Inventory and Accounts Receivable - Accounts receivable rose to ¥3,057,027,656.04 from ¥2,677,371,204.40, indicating an increase of about 14.2%[17] - Inventory surged to ¥4,796,968,815.27 from ¥3,031,554,900.55, marking an increase of approximately 58.2%[17]