中航机载(600372) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was approximately ¥5.64 billion, a decrease of 10.03% compared to ¥2.47 billion in the same period last year[5] - Net profit attributable to shareholders for Q1 2024 was approximately ¥454.14 million, an increase of 35.19% from ¥210.79 million in the previous year[5] - The net profit after deducting non-recurring gains and losses was approximately ¥361.22 million, showing a significant increase of 99.01% compared to ¥181.50 million in the same period last year[6] - Basic and diluted earnings per share for Q1 2024 were both ¥0.0936, a decrease of 8.86% from ¥0.1099 in the same period last year[6] - Total operating revenue for Q1 2024 was ¥5,642,632,200.72, a decrease of 10.03% compared to ¥6,271,947,931.47 in Q1 2023[20] - Net profit for Q1 2024 reached ¥492,790,076.04, an increase of 4.00% from ¥473,816,965.71 in Q1 2023[21] - Total equity attributable to shareholders was ¥36,464,485,822.36 in Q1 2024, compared to ¥36,083,478,691.11 in Q1 2023, indicating an increase of 1.05%[19] - The total comprehensive income for Q1 2024 was ¥375,695,154.35, compared to ¥458,194,356.79 in Q1 2023, a decrease of 18.00%[22] Cash Flow and Liquidity - The net cash flow from operating activities for Q1 2024 was approximately -¥1.27 billion, a deterioration of 39.79% compared to -¥974.13 million in the previous year[6] - In Q1 2024, cash inflow from operating activities was approximately $4.72 billion, up from $3.51 billion in Q1 2023, representing a 34.5% increase[25] - The net cash outflow from operating activities improved to approximately -$1.27 billion in Q1 2024, compared to -$2.11 billion in Q1 2023, reflecting a 39.6% reduction in losses[26] - Cash inflow from financing activities totaled approximately $1.93 billion in Q1 2024, slightly down from $1.98 billion in Q1 2023[27] - The net cash flow from financing activities increased significantly to approximately $1.18 billion in Q1 2024, compared to $115.14 million in Q1 2023, marking a substantial improvement[27] - The total cash and cash equivalents at the end of Q1 2024 were approximately $11.71 billion, up from $7.23 billion at the end of Q1 2023, indicating a 62.5% increase[27] - Cash outflow for investing activities was approximately $362.62 million in Q1 2024, down from $415.09 million in Q1 2023, showing a 12.6% decrease[26] Assets and Liabilities - Total assets at the end of Q1 2024 were approximately ¥74.03 billion, reflecting a slight increase of 0.70% from ¥73.52 billion at the end of the previous year[6] - Current assets totaled CNY 56,244,602,859.55, compared to CNY 55,475,423,996.31 in the previous period[17] - Total liabilities as of Q1 2024 amounted to ¥35,923,886,971.76, slightly up from ¥35,828,459,679.63 in Q1 2023[19] - The company reported a significant increase in accounts payable, which reached CNY 16,095,461,164.05, compared to CNY 15,313,151,986.97[17] - Short-term borrowings increased to CNY 4,506,974,986.58 from CNY 3,471,595,627.35[17] Investments and Income - The company reported a significant increase in contract assets by 935.20%, reaching ¥55.32 million compared to ¥5.34 million at the beginning of the period[11] - The company recognized a debt restructuring gain of approximately ¥48.62 million, a substantial increase from ¥3.06 million in the same period last year, reflecting a growth of 1,489.09%[11] - The company received government subsidies amounting to approximately ¥34.06 million, contributing to the increase in other income by 74.22% compared to the previous year[11] - The company reported an investment income of ¥48,625,155.80 in Q1 2024, significantly higher than ¥3,059,941.80 in Q1 2023[20] Research and Development - Research and development expenses for Q1 2024 were ¥412,489,147.17, down from ¥490,904,647.16 in Q1 2023, a decrease of 15.95%[20] Market Strategy - The company continues to focus on expanding its market presence and enhancing its product offerings, although specific new products or technologies were not detailed in the report[15]