QDPI(SH:601298)2024-04-26 09:17Financial Performance - The company's operating revenue for Q1 2024 was CNY 4,430,060,683, representing a decrease of 2.67% compared to the same period last year[6]. - Net profit attributable to shareholders for Q1 2024 was CNY 1,316,828,018, an increase of 4.60% year-on-year[6]. - The net profit excluding non-recurring gains and losses was CNY 1,292,728,859, reflecting a growth of 5.33% compared to the previous year[7]. - Basic and diluted earnings per share for Q1 2024 were both CNY 0.20, up by 5.26% year-on-year[7]. - Total revenue for Q1 2024 was ¥4,430,060,683, a decrease of 2.66% compared to ¥4,551,596,874 in Q1 2023[24]. - Net profit for Q1 2024 increased to ¥1,475,949,353, up 3.87% from ¥1,420,900,228 in Q1 2023[25]. - Earnings per share for Q1 2024 was ¥0.20, compared to ¥0.19 in Q1 2023, reflecting a growth of 5.26%[25]. - The company’s total comprehensive income for Q1 2024 was ¥1,480,395,363, compared to ¥1,420,900,228 in Q1 2023, indicating a growth of 4.19%[25]. Cash Flow and Investments - The net cash flow from operating activities decreased by 45.17% to CNY 561,065,676, primarily due to increased payments for handling subcontracting fees[9]. - Cash flow from operating activities generated a net cash inflow of ¥561,065,676 in Q1 2024, down 45.00% from ¥1,023,293,308 in Q1 2023[27]. - Investment activities resulted in a net cash outflow of ¥351,584,092 in Q1 2024, compared to a net outflow of ¥333,627,318 in Q1 2023[27]. - Financing activities generated a net cash inflow of ¥74,102,123 in Q1 2024, a turnaround from a net outflow of ¥70,649,800 in Q1 2023[28]. - The company reported an increase in investment income to ¥421,828,256 in Q1 2024, up from ¥382,039,322 in Q1 2023[25]. Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 60,868,832,469, a 1.03% increase from the end of the previous year[7]. - The company's current assets totaled RMB 15,206,927,288, compared to RMB 14,791,491,528 at the end of 2023, indicating an increase of about 2.8%[19]. - The long-term equity investments rose to RMB 14,466,795,508 from RMB 14,045,730,100, marking an increase of approximately 2.99%[19][20]. - The total liabilities decreased to RMB 14,836,070,624 from RMB 15,707,197,953, a reduction of about 5.53%[21]. - The cash and cash equivalents (currency funds) increased to RMB 11,224,371,171 from RMB 10,934,026,950, showing a growth of about 2.65%[19][20]. - The accounts receivable rose to RMB 2,050,193,015 from RMB 1,952,312,395, indicating an increase of approximately 5.02%[19]. - The company's inventory decreased to RMB 42,044,546 from RMB 51,604,817, a decline of about 18.5%[19]. - The total equity attributable to shareholders increased to RMB 41,608,505,631 from RMB 40,277,056,758, reflecting a growth of approximately 3.29%[21]. - The company reported a decrease in short-term borrowings to RMB 120,450,000 from RMB 126,411,604, a reduction of about 4.8%[20]. Non-Recurring Gains and Other Income - The company recognized non-recurring gains totaling CNY 24,099,159, primarily from the disposal of non-current assets and government subsidies[8]. - The company's net profit for the first quarter of 2024 is not explicitly stated in the provided documents, but the retained earnings increased to RMB 20,742,860,454 from RMB 19,426,032,436, reflecting a growth of approximately 6.77%[21]. - The company reported a significant increase in prepayments, up 67.81% to CNY 21,247,000, mainly due to higher prepaid transportation fees[9]. - Financial expenses decreased by 76.09% to CNY 1,069,000, attributed to increased cash reserves and early repayment of loans[9].