CJJG(SH:600496)2024-04-26 10:21Financial Performance - The company's operating revenue for Q1 2024 was CNY 3,414,175,985.07, representing a decrease of 8.25% compared to the same period last year[5]. - The net profit attributable to shareholders was CNY 97,487,688.47, down 45.93% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 87,484,507.40, a decline of 51.04% compared to the previous year[5]. - Basic earnings per share decreased by 45.31% to CNY 0.0490, while diluted earnings per share fell by 41.18% to CNY 0.0480[5][8]. - Total operating revenue for Q1 2024 was ¥3,414,175,985.07, a decrease of 8.23% compared to ¥3,721,078,869.51 in Q1 2023[20]. - Net profit for Q1 2024 was ¥97,653,650.55, a decline of 46.14% from ¥181,126,697.32 in Q1 2023[22]. - Earnings per share for Q1 2024 were ¥0.0490, compared to ¥0.0896 in Q1 2023[22]. Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 237.59%, amounting to CNY 269,115,343.12[5]. - In Q1 2024, the company reported a net cash flow from operating activities of ¥269,115,343.12, a significant improvement from a net outflow of ¥195,585,989.34 in Q1 2023[24]. - Total cash inflow from operating activities was ¥4,889,827,476.44, compared to ¥4,828,143,814.40 in the same period last year, indicating a year-over-year increase of approximately 1.3%[24]. - The company experienced a decrease in cash outflow for purchasing goods and services, which was ¥3,982,091,019.04 in Q1 2024, down from ¥4,433,198,446.56 in Q1 2023, representing a reduction of about 10.2%[24]. - The company’s cash and cash equivalents at the end of Q1 2024 stood at ¥1,710,358,653.30, up from ¥1,422,574,096.18 at the end of Q1 2023, marking an increase of about 20.2%[25]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 22,960,891,325.29, down 1.57% from the end of the previous year[6]. - Total assets as of Q1 2024 amounted to ¥22,960,891,325.29, a decrease from ¥23,327,231,093.81 in the previous quarter[17]. - Total liabilities for Q1 2024 were ¥14,328,001,470.28, down from ¥14,782,183,076.39 in the previous quarter[17]. - The company's long-term equity investments rose to ¥986,402,232.78 from ¥971,402,232.78, showing an increase of approximately 1.54%[15]. Shareholder Information - The company reported a total of 5,800,000 shares held by its own stock repurchase account[11]. - The top ten shareholders include Jinggong Holding Group Co., Ltd. with 300,000,000 shares, accounting for a significant portion of the company's equity[11]. - The company has not reported any changes in the participation of major shareholders in margin financing and securities lending activities[13]. Non-Recurring Items and Impairments - The company reported non-recurring gains and losses totaling CNY 10,003,181.07 for the period[7]. - The decline in net profit was primarily attributed to decreased profits from EPC and franchise businesses[7][8]. - The company reported a credit impairment loss of ¥90,619,824.78, significantly higher than ¥36,642,747.35 in Q1 2023[21]. Other Financial Metrics - The weighted average return on net assets was 1.08%, a decrease of 1.14 percentage points from the end of the previous year[6]. - The equity attributable to shareholders increased by 1.03% to CNY 8,599,641,883.73 compared to the end of the previous year[6]. - The company recorded a foreign exchange impact of ¥456,979.75 on cash and cash equivalents, compared to a negative impact of ¥697,890.40 in Q1 2023[25]. - The company did not apply new accounting standards or interpretations that would affect the financial statements for the year[27].