THDB(SH:600867)2024-04-26 09:23Financial Performance - The company's operating revenue for Q1 2024 was ¥591,386,056.41, representing a decrease of 11.12% compared to the same period last year[4]. - The net profit attributable to shareholders for Q1 2024 was ¥214,676,914.76, down 14.28% year-over-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥215,055,971.86, a decrease of 13.01% compared to the previous year[4]. - Basic earnings per share for Q1 2024 were ¥0.11, down 15.38% from the same period last year[5]. - The total operating profit for Q1 2024 was CNY 238.86 million, down from CNY 289.61 million in the same period last year, representing a decline of 17.6%[20]. - The total comprehensive income attributable to the parent company for Q1 2024 was CNY 214.68 million, down from CNY 250.44 million in Q1 2023, a decrease of 14.3%[21]. Cash Flow and Assets - The net cash flow from operating activities was ¥153,275,829.45, reflecting a slight decrease of 1.99% year-over-year[4]. - Cash and cash equivalents as of March 31, 2024, were CNY 1,073,276,217.81, a slight decrease from CNY 1,104,204,462.65 at the end of 2023[16]. - The company has maintained a stable cash position with total current assets rising to CNY 2,879,291,563.65 from CNY 2,816,354,808.02[16]. - The company reported a decrease in cash and cash equivalents at the end of Q1 2024 to CNY 1,073.28 million from CNY 858.22 million at the end of Q1 2023, a decrease of 20.5%[23]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 87,302[8]. - The total number of shares held by Dongbao Industrial Group Co., Ltd. is 591,699,387, accounting for 29.68% of the total shares[9]. - Tianjin Zhenyi Equity Investment Partnership holds 183,058,967 shares, representing 9.18% of the total shares[9]. - The top ten shareholders include Hong Kong Central Clearing Limited with 54,498,972 shares (2.73%) and Abu Dhabi Investment Authority with 36,391,629 shares (1.83%)[9]. - The company has not identified any other related party relationships among shareholders or whether they are acting in concert[9]. Operational Insights - The report does not indicate any significant changes in the operational situation during the reporting period[14]. - The company has not reported any new important information regarding its operational situation during the reporting period[14]. - The company continues to focus on market expansion and product development as part of its strategic initiatives for future growth[19]. Costs and Expenses - Total operating costs for Q1 2024 were CNY 376,188,158.32, down from CNY 394,621,559.44 in Q1 2023, reflecting a cost reduction strategy[19]. - R&D expenses for Q1 2024 amounted to CNY 27,016,540.93, slightly decreased from CNY 27,828,681.61 in Q1 2023, indicating continued investment in innovation[19]. Investment Performance - Investment income for Q1 2024 was CNY 20,241,972.78, an increase from CNY 14,096,658.33 in Q1 2023, showing improved performance in investment activities[19].