Financial Performance - The company's revenue for Q1 2024 was CNY 152,988,282.02, representing a year-on-year increase of 14.77% compared to CNY 133,302,433.13 in the same period last year[5]. - Net profit attributable to shareholders for Q1 2024 was CNY 45,042,397.10, up 9.65% from CNY 41,077,930.91 in Q1 2023[5]. - Total operating revenue for Q1 2024 reached ¥152,988,282.02, an increase of 14.8% compared to ¥133,302,433.13 in Q1 2023[30]. - Net profit for Q1 2024 was ¥43,915,190.35, representing a 10.4% increase from ¥39,566,038.52 in the same period last year[31]. - The total comprehensive income attributable to the parent company was CNY 45,042,397.10, an increase from CNY 41,077,930.91 in the previous period, representing a growth of approximately 9.5%[32]. Cash Flow - The operating cash flow for Q1 2024 was a net outflow of CNY 107,365,175.23, an improvement of 25.17% compared to a net outflow of CNY 143,484,221.76 in the previous year[5][11]. - The company’s cash flow from investment activities for Q1 2024 was a net inflow of CNY 38,573,864.55, a decrease of 72.82% compared to the previous year[16]. - Net cash flow from operating activities was negative at CNY -107,365,175.23, an improvement compared to CNY -143,484,221.76 in the previous period[34]. - Cash inflow from operating activities totaled CNY 11,803,184,451.45, slightly down from CNY 11,926,550,791.11, indicating a decrease of about 1.0%[34]. - Cash outflow from operating activities was CNY 11,910,549,626.68, down from CNY 12,070,035,012.87, showing a reduction of approximately 1.3%[34]. - The company reported cash inflow from the recovery of investments at CNY 1,897,000,000.00, down from CNY 5,838,500,000.00 in the previous period, indicating a decline of approximately 67.5%[34]. - The total cash outflow for investment activities was CNY 1,860,508,759.80, a decrease from CNY 5,699,901,355.63, reflecting a reduction of about 67.3%[35]. - The company’s cash flow from financing activities was negative at CNY -6,026,811.33, worsening from CNY -3,909,493.00 in the previous period[35]. Assets and Liabilities - The company’s total assets as of March 31, 2024, were CNY 5,586,503,072.30, reflecting a 1.09% increase from the end of the previous year[5]. - The company's total assets increased to ¥5,586,503,072.30, compared to ¥5,525,999,310.88 at the end of Q1 2023, marking a growth of 1.1%[28]. - Total liabilities stood at ¥2,853,136,707.05, slightly up from ¥2,836,548,135.98, indicating a 0.2% increase year-over-year[28]. - Accounts receivable increased by 32.74% to CNY 196,015,323.81 as of March 31, 2024, due to higher revenue and unsettled payments[13]. - The company’s trading financial assets decreased to ¥2,799,901,497.21 from ¥2,849,401,488.64[26]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 17,179[18]. - Jiangsu Transportation Holding Co., Ltd. holds 49.35% of shares, totaling 200,869,565 shares[18]. - Jiangsu Expressway Network Operation Management Co., Ltd. holds 21.15% of shares, totaling 86,086,957 shares[18]. - The total number of preferred shareholders at the end of the reporting period is not applicable[22]. - The company has not reported any changes in restricted shares during the period[22]. - The company’s total restricted shares amount to 286,956,522, with no shares released during the period[23]. Profitability Metrics - The gross profit margin for the main business in Q1 2024 was 52.93%, with the electronic toll collection business margin at 53.85%, up from 49.69% year-on-year[10]. - The company’s diluted earnings per share for Q1 2024 was CNY 0.1107, an increase of 9.71% from CNY 0.1009 in the same period last year[5]. - Basic and diluted earnings per share increased to CNY 0.1107 from CNY 0.1009, reflecting a rise of about 7.9%[32]. - Research and development expenses for Q1 2024 were ¥10,898,753.26, compared to ¥9,831,010.88 in Q1 2023, reflecting an increase of 10.9%[31]. - The company reported a financial income of ¥9,102,330.25, down from ¥16,572,367.61, indicating a decrease of 45.0% year-over-year[31]. Other Notable Information - The company received the "High-tech Enterprise Certificate" valid for three years, issued on November 6, 2023[24]. - The company reported cash and cash equivalents of ¥258,935,278.47 at the end of the period, down from ¥328,925,182.69 at the beginning[26]. - The company’s cash and cash equivalents were not explicitly detailed, but total current assets reached ¥3,812,550,803.27, a slight increase from ¥3,755,600,119.98[28]. - The company reported a significant increase in prepayments, which rose by 111.22% to CNY 9,021,322.65, primarily due to prepayments for cloud resources and employee medical insurance[13].
通行宝(301339) - 2024 Q1 - 季度财报