财达证券(600906) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 430,637,780.21, representing a decrease of 31.25% compared to the same period last year[4]. - Net profit attributable to shareholders was CNY 111,070,608.83, down 45.13% year-on-year[4]. - The net profit after deducting non-recurring gains and losses was CNY 109,985,394.22, a decrease of 43.56% compared to the previous year[4]. - Basic and diluted earnings per share were both CNY 0.03, reflecting a decline of 50.00% year-on-year[4]. - Net profit for Q1 2024 was CNY 111.12 million, a decline of 45.1% compared to CNY 202.50 million in Q1 2023[17]. - Earnings per share for Q1 2024 was CNY 0.03, down from CNY 0.06 in Q1 2023[17]. Revenue and Income Sources - The decline in operating revenue was primarily attributed to a decrease in income from securities investment business[8]. - Net interest income increased to CNY 21.66 million from CNY 2.13 million year-over-year[16]. - Net commission and fee income rose to CNY 288.18 million, up 32.2% from CNY 218.03 million in the same period last year[16]. Cash Flow and Liquidity - The net cash flow from operating activities was CNY 1,175,938,220.94, an increase of 11.18% year-on-year[4]. - Cash flow from operating activities generated a net inflow of CNY 1.18 billion, compared to CNY 1.06 billion in Q1 2023[18]. - Cash and cash equivalents at the end of Q1 2024 totaled CNY 15.77 billion, an increase from CNY 14.97 billion at the end of Q1 2023[19]. - The company reported non-recurring gains of CNY 1,085,214.61 after tax, with significant contributions from government subsidies and other income[6]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 48,870,565,083.20, an increase of 4.64% from the end of the previous year[4]. - The company's cash and cash equivalents amounted to RMB 13,148,262,644.10, up from RMB 11,036,434,968.92, indicating a growth of about 19.1%[13]. - The total liabilities increased to RMB 37,173,212,050.00 from RMB 35,115,687,191.80, reflecting an increase of approximately 5.86%[14]. - The company's equity attributable to shareholders reached RMB 11,692,889,913.32, compared to RMB 11,581,819,304.49, marking an increase of around 0.96%[15]. - The company's total equity increased to RMB 11,697,353,033.20 from RMB 11,586,235,999.74, representing a growth of approximately 0.96%[15]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 92,440[9]. Operating Expenses - Total operating expenses decreased to CNY 294.29 million, down 18.3% from CNY 360.60 million in Q1 2023[16]. Other Financial Metrics - The weighted average return on equity was 0.95%, a decrease of 0.78 percentage points from the end of the previous year[4]. - The company reported a fair value change loss of CNY 270.23 thousand in Q1 2024, contrasting with a gain of CNY 184.18 million in Q1 2023[16]. - The company's financial investments in trading assets rose to RMB 24,421,197,725.97 from RMB 23,309,319,210.75, showing an increase of about 4.77%[13]. - The company’s receivables decreased to RMB 439,927,417.04 from RMB 1,196,989,794.96, indicating a significant reduction of approximately 63.3%[13]. - The company’s short-term borrowings stood at RMB 3,573,634,404.63, slightly up from RMB 3,547,996,356.01, reflecting a marginal increase of about 0.72%[14]. - The company’s cash deposits from customers rose to RMB 11,037,471,828.60 from RMB 9,675,955,496.02, indicating an increase of about 14.06%[13].