华鑫股份(600621) - 2024 Q1 - 季度财报

Financial Performance - Total operating revenue for Q1 2024 was RMB 535,669,109.03, an increase of 2.47% compared to the same period last year[6] - Net profit attributable to shareholders was RMB 59,608,941.82, a decrease of 31.29% year-on-year[6] - Basic earnings per share for the period was RMB 0.06, down 25.00% from the previous year[6] - The company reported a significant decrease in net profit due to losses from the disposal of financial assets[13] - The net profit for Q1 2024 was CNY 60,130,639.03, a decrease of 31.5% compared to CNY 87,613,363.45 in Q1 2023[39] - The total operating profit for Q1 2024 was CNY 69,903,639.65, a decrease of 38.9% from CNY 114,636,126.87 in Q1 2023[39] - Interest income decreased to CNY 137,887,960.84 in Q1 2024 from CNY 164,494,423.32 in Q1 2023, a decline of about 16.1%[35] - The investment income for Q1 2024 was CNY 75,092,813.93, down 50.7% from CNY 152,126,813.45 in Q1 2023[39] Assets and Liabilities - Total assets at the end of the period reached RMB 42,913,951,564.36, representing a 15.38% increase from the end of the previous year[9] - Total assets increased to CNY 42,913,951,564.36 in Q1 2024 from CNY 37,195,183,862.81 in Q1 2023, reflecting a growth of approximately 15.5%[34] - Total liabilities rose to CNY 34,926,877,749.10 in Q1 2024, up from CNY 29,324,000,414.53 in Q1 2023, indicating an increase of about 19.3%[32] - The company's total equity increased to CNY 7,879,394,209.48 in Q1 2024 from CNY 7,748,275,539.70 in Q1 2023, a growth of approximately 1.7%[34] Cash Flow - Net cash flow from operating activities was RMB 1,232,777,313.24, with no applicable year-on-year comparison[6] - Cash inflow from operating activities in Q1 2024 was CNY 1,232,777,313.24, a significant recovery from a cash outflow of CNY 963,946,419.05 in Q1 2023[46] - Net cash flow from investing activities was $31,344,020.55, a significant improvement from a negative cash flow of $22,852,715.39 in the previous period[47] - Cash inflow from financing activities totaled $489,804,241.02, down from $1,272,817,056.09 in the prior period[47] - Net cash flow from financing activities was -$372,251,151.95, an improvement compared to -$836,339,273.09 in the previous period[47] - The net increase in cash and cash equivalents was $891,910,625.91, contrasting with a decrease of $1,824,192,794.23 in the prior period[47] - The ending balance of cash and cash equivalents reached $13,418,027,600.36, up from $11,928,261,399.36 in the previous period[47] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 78,260[14] - The company reported no significant changes in the shareholder structure, with the top ten shareholders remaining consistent[19] - The largest shareholder, Shanghai Yidian (Group) Co., Ltd., holds 34.12% of the shares, followed by Huaxin Real Estate (Group) Co., Ltd. with 13.15%[19] Operational Insights - The company experienced a net outflow of investment financial assets compared to the previous period, impacting cash flow[13] - The company has not disclosed any new product launches or technological advancements in this reporting period[21] - There were no significant mergers or acquisitions reported during the quarter[21] - The company did not provide specific future guidance or market expansion strategies in the current report[21] - The report indicates that there are no significant risks or concerns raised regarding the company's operational status during the reporting period[26] - The financial statements for the quarter are unaudited, which may affect the reliability of the reported figures[26] Costs and Expenses - Operating costs for Q1 2024 were CNY 578,266,114.34, a decrease from CNY 590,431,651.66 in Q1 2023, showing a reduction of about 2.8%[35] - Research and development expenses increased to CNY 6,199,485.32 in Q1 2024, compared to CNY 4,833,068.84 in Q1 2023, reflecting a growth of 28.3%[39] - The company’s financial expenses decreased to CNY 533,027.16 in Q1 2024 from CNY 1,114,236.40 in Q1 2023, a reduction of 52.2%[39] Accounting Changes - The company will implement new accounting standards starting in 2024, which may affect the financial statements[49]