CNS(SH:601098)2024-04-26 08:32Financial Performance - The company's operating revenue for Q1 2024 was CNY 2,999,948,203.23, representing a year-on-year increase of 12.61%[4] - The net profit attributable to shareholders was CNY 284,215,528.10, showing a decline of 18.18% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 249,641,502.32, down 24.54% year-on-year[4] - The basic and diluted earnings per share were both CNY 0.16, reflecting a decrease of 15.79%[5] - The weighted average return on equity was 1.83%, a decrease of 0.51 percentage points compared to the previous year[5] - Total operating revenue for Q1 2024 reached CNY 2,999,948,203.23, an increase of 12.6% compared to CNY 2,663,928,479.94 in Q1 2023[17] - Net profit for Q1 2024 was CNY 299,259,641.93, a decrease of 15.6% from CNY 354,819,942.51 in Q1 2023[18] - The total comprehensive income for Q1 2024 was CNY 299.31 million, a decrease of 15.6% from CNY 354.82 million in Q1 2023[19] - Basic and diluted earnings per share for Q1 2024 were CNY 0.16, down from CNY 0.19 in Q1 2023, representing a decline of 15.8%[19] Assets and Liabilities - Total assets at the end of the reporting period were CNY 25,861,978,579.37, an increase of 1.94% from the end of the previous year[5] - Shareholders' equity attributable to the parent company was CNY 15,668,699,107.40, up 1.64% from the end of the previous year[5] - The company's total liabilities and shareholders' equity amounted to CNY 25,861,978,579.37, compared to CNY 25,368,608,776.22 in the previous year[16] - The total liabilities as of Q1 2024 amounted to CNY 1,659,661,779.83, slightly up from CNY 1,625,855,102.48 in the previous year[24] Cash Flow - The net cash flow from operating activities was CNY 349,848.93, not applicable for year-on-year comparison[5] - Cash inflows from operating activities totaled CNY 3.74 billion in Q1 2024, an increase of 4.6% compared to CNY 3.57 billion in Q1 2023[20] - Cash outflows from operating activities decreased significantly to CNY 3.74 billion in Q1 2024 from CNY 5.05 billion in Q1 2023, a reduction of 26%[20] - The net cash flow from operating activities was CNY 349,848.93 in Q1 2024, a turnaround from a negative CNY 1.48 billion in Q1 2023[20] - Cash and cash equivalents at the end of Q1 2024 stood at CNY 10.73 billion, compared to CNY 8.35 billion at the end of Q1 2023, reflecting an increase of 28.5%[21] - The company reported a net cash outflow from investing activities of CNY 86.86 million in Q1 2024, an improvement from a net outflow of CNY 222.02 million in Q1 2023[21] - The company's cash flow from financing activities showed a net outflow of CNY 64.07 million in Q1 2024, compared to a net outflow of CNY 14.97 million in Q1 2023[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,794[9] - The company reported no significant changes in the shareholding structure among the top shareholders, with no participation in margin trading or securities lending activities[11][12] Research and Development - Research and development expenses decreased to CNY 18,581,414.65 from CNY 26,216,919.79, a reduction of 29.3% year-over-year[17] - Research and development expenses increased to CNY 5,307,086.60 in Q1 2024, up from CNY 2,758,039.78 in Q1 2023, marking a growth of 92.2%[25] Other Information - The company has not disclosed any new product developments or technological advancements during the reporting period[12] - There are no significant mergers or acquisitions reported in the current quarter[12] - The company has not provided any specific future outlook or performance guidance in the current report[12] - The company did not apply new accounting standards or interpretations for the first quarter of 2024[30]