中材国际(600970) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 1,028,784.19 million, representing a year-on-year increase of 2.74%[3] - The net profit attributable to shareholders of the listed company was CNY 63,639.36 million, reflecting a year-on-year increase of 3.08%[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 65,376.72 million, showing a significant increase of 12.35% compared to the same period last year[3] - The basic earnings per share for the period was CNY 0.25, reflecting an increase of 8.70% year-on-year[3] - The diluted earnings per share was CNY 0.24, which is an increase of 4.35% compared to the previous year[4] - The company reported a total profit of ¥808,556,290.96, compared to ¥790,064,630.61 in the same quarter last year, showing a growth of approximately 2.87%[16] - The company's net profit for Q1 2024 reached CNY 50,113,084.82, an increase of 22.5% compared to CNY 40,770,757.48 in Q1 2023[26] - The company’s total comprehensive income for the period was ¥616,814,430.62, down from ¥670,291,554.43, indicating a decrease of about 7.97%[17] - The company’s total comprehensive income for Q1 2024 was CNY 50,113,084.82, compared to CNY 40,196,697.42 in Q1 2023, indicating a growth of 24.5%[26] Cash Flow - The net cash flow from operating activities was a negative CNY 118,800.90 million, indicating a cash outflow primarily due to enhanced contract settlements and reduced restricted funds[6] - The company reported a net cash outflow from operating activities of ¥1,188,008,969.34, an improvement compared to a net outflow of ¥1,991,240,893.66 in the first quarter of 2023[19] - The net cash flow from financing activities increased to ¥1,047,510,305.57, up from ¥530,167,737.20 in the previous period, reflecting a significant improvement[20] - The company incurred a net cash outflow from investing activities of -CNY 823,024,757.22 in Q1 2024, compared to -CNY 544,982,052.96 in Q1 2023[27] - The financing activities generated a net cash inflow of CNY 983,266,721.98 in Q1 2024, significantly higher than CNY 550,804,801.77 in Q1 2023[28] Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 5,669,546.96 million, an increase of 4.18% from the end of the previous year[4] - The equity attributable to shareholders of the listed company was CNY 1,971,093.04 million, up by 3.22% compared to the previous year-end[4] - Total liabilities reached ¥35.47 billion, reflecting a rise of 4.93% from ¥33.81 billion[13] - The total liabilities to equity ratio stands at 1.66, indicating a stable leverage position[13] - The total current assets rose to ¥10,272,563,745.85, compared to ¥9,572,399,820.76 at the end of the previous year, indicating a growth of approximately 7.3%[21] - The total liabilities increased to ¥15,708,493,218.60 from ¥14,308,934,806.46, representing an increase of approximately 9.8%[23] Shareholder Information - The company had a total of 39,136 common shareholders at the end of the reporting period, with the largest shareholder holding 40.96% of the shares[7] Research and Development - Research and development expenses amounted to ¥322,287,739.73, slightly increasing from ¥321,206,984.08, indicating a focus on innovation[16] - Research and development expenses for Q1 2024 were ¥33,740,034.70, down from ¥39,296,781.89 in Q1 2023, indicating a reduction of approximately 14.1%[24] Other Financial Metrics - The company reported non-recurring losses totaling CNY 1,737.36 million, primarily due to fair value changes and other operating income and expenses[5] - The company received tax refunds amounting to ¥155,720,640.60, compared to ¥110,056,699.21 in the previous year, showing an increase of approximately 41.5%[19] - The company's cash and cash equivalents decreased to ¥8.12 billion from ¥9.64 billion, a decline of 15.73%[11] - Cash and cash equivalents at the end of Q1 2024 amounted to CNY 2,379,701,997.24, down from CNY 1,130,052,096.70 in Q1 2023[28] - The company reported a decrease in cash flow from sales of goods and services, totaling CNY 718,629,155.40 in Q1 2024, down from CNY 792,086,527.15 in Q1 2023[27]