SEP(SH:600021)2024-04-26 08:56Financial Performance - The company's operating revenue for Q1 2024 was CNY 10,608,421,419.60, representing a year-on-year increase of 2.57%[4] - Net profit attributable to shareholders was CNY 633,874,951.26, a significant increase of 89.20% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 635,653,852.60, up 101.14% year-on-year[4] - Basic earnings per share were CNY 0.1978, an increase of 89.46% year-on-year[4] - Net profit for Q1 2024 was CNY 1,329,949,391.72, representing a significant increase of 54.03% compared to CNY 864,850,911.83 in Q1 2023[20] - Total comprehensive income for Q1 2024 reached CNY 1,403,452,665.74, a significant increase from CNY 827,888,992.75 in Q1 2023, representing a growth of approximately 69.3%[21] Cash Flow - The net cash flow from operating activities reached CNY 1,853,199,657.17, reflecting a 40.63% increase compared to the previous year[4] - Net cash flow from operating activities for Q1 2024 was -86,637,826.76 RMB, a significant decrease compared to 243,514,361.56 RMB in Q1 2023[31] - The company reported a total cash inflow from operating activities of 926,151,552.47 RMB in Q1 2024, compared to 2,147,252,388.67 RMB in Q1 2023[31] - Cash inflow from financing activities in Q1 2024 was CNY 15,949,990,017.76, compared to CNY 26,115,732,661.54 in Q1 2023, a decline of 38.9%[24] - The net cash flow from financing activities increased to 1,230,180,210.63 RMB in Q1 2024, compared to a negative cash flow of -181,990,856.63 RMB in Q1 2023[32] Assets and Liabilities - Total assets at the end of the reporting period were CNY 173,603,096,832.85, up 2.98% from the end of the previous year[5] - The company's total liabilities increased to CNY 121,404,874,619.16, up from CNY 118,012,279,962.64 year-over-year[18] - The company's total liabilities increased to RMB 21,512,914,720.03 from RMB 19,577,186,817.78, reflecting an increase of approximately 9.9%[16] - The company's total current assets reached RMB 37,996,893,804.05, compared to RMB 31,805,824,217.03, marking an increase of around 19.5%[16] - The company's cash and cash equivalents amounted to RMB 8,649,160,836.05, up from RMB 6,771,970,207.16, indicating a significant increase of about 27.8%[15] Shareholder Equity - The equity attributable to shareholders was CNY 28,514,117,786.33, an increase of 2.64% compared to the end of the previous year[5] - Shareholders' equity rose to CNY 52,198,222,213.69, compared to CNY 50,560,055,329.08 in the previous year[18] - The company's total equity increased to ¥22,907,919,318.48 in Q1 2024, up from ¥22,711,790,315.44 in Q1 2023, representing a growth of 0.9%[27] Costs and Expenses - Total operating costs decreased to CNY 9,268,176,810.71, down 1.03% from CNY 9,365,383,252.62 in the same period last year[19] - Research and development expenses for Q1 2024 were CNY 30,151,259.87, an increase from CNY 22,544,113.28 in Q1 2023[19] - Financial expenses increased to CNY 897,757,791.69, compared to CNY 821,284,337.13 in the same quarter last year[20] - The company's financial expenses for Q1 2024 were ¥222,750,024.63, down from ¥241,782,691.44 in Q1 2023, showing a decrease of 7.1%[29] Investment Income - The company reported investment income of CNY 238,999,444.29, up from CNY 123,781,582.89 in Q1 2023[20] - The investment income for Q1 2024 was ¥425,133,348.54, a significant increase from ¥8,152,679.85 in Q1 2023[29] - The company received CNY 63,120,295.77 in investment income during Q1 2024, an increase from CNY 51,206,438.62 in Q1 2023, representing a growth of 23.3%[23] Government Subsidies - The company received government subsidies amounting to CNY 24,091,880.42 during the reporting period[6]