CSSD(SH:601512)2024-04-26 09:15Financial Performance - The company's operating revenue for Q1 2024 was CNY 1,033,676,732.19, representing an increase of 11.10% compared to the same period last year[7]. - The net profit attributable to shareholders of the listed company was CNY 471,450,266.59, up by 13.08% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 464,010,779.34, reflecting a 14.75% increase from the previous year[7]. - The basic earnings per share for the period was CNY 0.31, an increase of 10.71% compared to the same period last year[7]. - The company reported a total profit of ¥653,784,223.29 for Q1 2024, which is a 9.6% increase from ¥596,327,792.56 in Q1 2023[67]. - Net profit for Q1 2024 was ¥492,132,567.10, up 6.0% from ¥464,422,113.65 in Q1 2023[67]. - Operating profit for Q1 2024 was ¥652,755,868.80, an increase of 13.0% from ¥577,353,133.30 in Q1 2023[67]. - The gross profit margin improved to approximately 58.1% in Q1 2024, compared to 56.5% in Q1 2023[69]. - The net profit attributable to shareholders of the parent company was ¥471,450,266.59 in Q1 2024, up from ¥416,925,231.72 in Q1 2023, reflecting a growth of 13.0%[67]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 35,117,112,694.96, a slight increase of 0.23% from the end of the previous year[9]. - The total assets increased to ¥35,117,112,694.96 from ¥35,035,731,323.56, reflecting a slight growth of approximately 0.2% year-over-year[21]. - The total liabilities decreased to ¥5,450,375,689.29 from ¥5,612,955,246.03, reflecting a reduction of about 2.9% year-over-year[22]. - The total liabilities stood at ¥4,999,000,000.00, reflecting a slight increase from the previous year[41]. - The total liabilities decreased to 15,586,196,518.16 RMB from 15,929,288,054.33 RMB[58]. - The equity attributable to shareholders of the listed company was CNY 14,689,279,128.22, which is a 3.30% increase compared to the end of the previous year[9]. - The company’s total liabilities and equity amounted to ¥35,117,112,694.96, slightly up from ¥35,035,731,323.56, indicating a stable financial position[21]. Cash Flow - The net cash flow from operating activities was negative at CNY -141,708,203.37, indicating a decrease in cash inflow from operations[12]. - The net cash flow from operating activities for Q1 2024 was negative at ¥69,370,788.60, compared to a negative ¥17,683,876.44 in Q1 2023, indicating a decline in operational cash flow[26]. - The cash inflow from operating activities totaled ¥159,602,874.76 in Q1 2024, compared to ¥149,194,172.83 in Q1 2023, representing an increase of approximately 7.5%[26]. - Operating cash inflow totaled ¥717,825,460.67, a decrease of 19.4% from ¥890,763,587.75 in the previous year[37]. - Operating cash outflow amounted to ¥859,533,664.04, down 19.5% from ¥1,067,480,277.33 year-over-year[37]. - The net cash flow from investing activities was negative at ¥84,929,044.76 for Q1 2024, compared to a more substantial negative cash flow of ¥397,742,318.45 in Q1 2023, indicating an improvement[27]. - The net cash flow from investing activities was -443,261,469.40 RMB, an improvement from -515,230,792.13 RMB in the previous period[47]. - The net cash flow from financing activities was 143,543,280.79 RMB, down from 288,702,844.51 RMB in the previous period[47]. Expenses - The financial expenses increased by 40.02% to CNY 25,547,817.20, mainly due to increased borrowings[12]. - Total operating costs increased to ¥433,431,900.63 in Q1 2024, compared to ¥427,523,770.44 in Q1 2023, reflecting a slight rise of 1.9%[65]. - Research and development expenses rose to ¥2,345,744.03 in Q1 2024, compared to ¥1,847,175.79 in Q1 2023, marking a 27.0% increase[67]. Other Financial Metrics - The company reported a significant increase in prepayments, which rose by 76.11% to CNY 37,869,717.62, primarily due to prepayments for procurement[12]. - The company recorded a total of CNY 7,439,487.25 in non-recurring gains and losses for the period[10]. - Other comprehensive income after tax for Q1 2024 was reported at -¥1,398,343.42, compared to ¥896,685.68 in Q1 2023, indicating a shift in financial performance[67]. - Comprehensive income totaled ¥490,734,223.68, compared to ¥465,318,799.33 in the prior year, showing a growth of 5.5%[43].