兴业证券(601377) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 2,376,916,655.23, a decrease of 42.99% compared to the same period last year[5]. - Net profit attributable to shareholders was CNY 328,204,971.32, down 60.38% year-on-year[5]. - The basic earnings per share decreased by 63.50% to CNY 0.0350[5]. - The weighted average return on equity decreased by 1.01 percentage points to 0.56%[5]. - Net profit for Q1 2024 was ¥487,852,700.23, down 53.8% from ¥1,055,167,538.41 in Q1 2023[18]. - The company reported a total comprehensive income of ¥617,983,438.80 for Q1 2024, compared to ¥1,065,772,655.75 in Q1 2023, a decrease of 42.0%[18]. Assets and Liabilities - The total assets as of March 31, 2024, were CNY 251,853,903,914.31, a decrease of 7.95% from the end of the previous year[8]. - Total assets decreased to ¥251,853,903,914.31 from ¥273,611,445,298.37, a reduction of 7.9%[16]. - Total liabilities decreased to ¥190,265,747,457.42 from ¥212,640,803,742.39, a decline of 10.5%[16]. - The company's equity attributable to shareholders increased to ¥56,817,725,945.54 from ¥56,371,569,789.96, an increase of 0.8%[16]. Cash Flow - The net cash flow from operating activities was negative at CNY -1,656,537,121.61, indicating a significant cash outflow[10]. - In Q1 2024, the net cash flow from operating activities was -1,656,537,121.61 RMB, an improvement from -1,918,858,279.85 RMB in Q1 2023[21]. - The cash inflow from operating activities totaled 11,212,487,083.40 RMB in Q1 2024, down from 12,771,508,037.54 RMB in Q1 2023[21]. - The net cash flow from investing activities was -1,379,108,926.35 RMB in Q1 2024, significantly better than -2,910,146,231.27 RMB in Q1 2023[21]. - Total cash inflow from financing activities in Q1 2024 was 7,357,565,874.19 RMB, compared to 10,151,442,029.00 RMB in Q1 2023[22]. - Cash outflow from financing activities totaled 15,275,566,822.17 RMB in Q1 2024, slightly lower than 15,479,972,874.63 RMB in Q1 2023[22]. - The company experienced a net decrease in cash and cash equivalents of -10,898,317,224.73 RMB in Q1 2024, compared to -10,316,570,342.29 RMB in Q1 2023[22]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 238,223[12]. - The largest shareholder, Fujian Provincial Finance Department, holds 1,769,854,917 shares, representing 20.49% of total shares[13]. - The second largest shareholder, Fujian Investment Development Group, holds 634,510,179 shares, representing 7.35% of total shares[13]. - The company has not reported any significant changes in the top 10 shareholders or their shareholding status due to margin trading activities[14]. Other Financial Metrics - The company reported an investment loss of ¥1,601,865,096.31 in Q1 2024, compared to a profit of ¥285,147,079.85 in the same period last year[17]. - The company reported a 44.22% decrease in net interest income, totaling CNY 278,378,984.78[9]. - The company experienced a 55.48% decrease in buyback financial assets, amounting to CNY 5,212,572,067.38[9]. - The company received government subsidies amounting to CNY 5,528,984.04, which were closely related to its normal business operations[7]. - The company's cash and cash equivalents as of March 31, 2024, amount to RMB 60,382,517,987.05, down from RMB 69,478,945,520.69 as of December 31, 2023[15]. - Client funds deposits are RMB 47,784,917,214.57, a decrease from RMB 51,978,218,186.28[15]. - The total amount of financial assets held for trading is RMB 77,540,118,563.21, down from RMB 82,772,699,641.84[15]. - The company has a derivative financial asset value of RMB 3,586,179,322.66, an increase from RMB 2,614,871,388.16[15]. - The total receivables amount to RMB 2,465,228,984.59, an increase from RMB 1,401,368,898.03[15]. - There are no other significant reminders regarding the company's operational status during the reporting period[15].