Financial Performance - The company's operating revenue for Q1 2024 was RMB 2,888,591,436.36, representing a year-on-year increase of 0.44% compared to RMB 2,861,049,291.25 in the same period last year[5] - Net profit attributable to shareholders for Q1 2024 was RMB 371,916,738.99, a decrease of 4.58% from RMB 391,740,122.19 in the previous year[5] - The basic earnings per share for Q1 2024 were RMB 0.015505, down 4.58% from RMB 0.016331 in the same period last year[5] - Net profit for Q1 2024 was RMB 417,940,116.03, down from RMB 429,707,286.86 in Q1 2023, indicating a decrease of approximately 2.00%[24] - Comprehensive income for Q1 2024 was RMB 418,060,026.30, compared to RMB 426,215,182.33 in Q1 2023, reflecting a decrease of approximately 1.00%[26] Cash Flow - The net cash flow from operating activities decreased by 33.65% to RMB 197,770,536.48, down from RMB 342,032,737.06 in the same period last year[5] - Cash inflow from operating activities totaled RMB 2,493,713,444.14 in Q1 2024, slightly down from RMB 2,510,340,929.95 in Q1 2023, a decrease of about 0.66%[29] - In Q1 2024, the net cash flow from operating activities was $197,770,536.48, a decrease of 33.6% compared to $298,088,028.52 in Q1 2023[30] - The total cash outflow from investing activities in Q1 2024 was $31,965,011.31, significantly lower than $113,267,473.44 in Q1 2023, resulting in a net cash flow from investing activities of -$29,041,573.14[30] - Cash inflow from financing activities in Q1 2024 was $998,000,000.00, with a net cash flow from financing activities of $783,837,384.98, compared to a net outflow of -$130,491,391.68 in Q1 2023[31] Assets and Liabilities - Total assets at the end of Q1 2024 were RMB 57,341,588,442.28, reflecting a 1.75% increase from RMB 56,352,939,728.84 at the end of the previous year[6] - Total liabilities rose to ¥14,172,917,294.83 from ¥13,623,749,088.14, an increase of about 4.0%[20] - The company's equity attributable to shareholders increased by 0.99% to RMB 39,993,377,093.37 from RMB 39,601,858,063.43 at the end of the previous year[6] - The company's cash and cash equivalents increased to ¥6,186,610,792.66 as of March 31, 2024, up from ¥5,228,415,449.28 on December 31, 2023, representing a growth of approximately 18.4%[17] Investments and Acquisitions - The company completed the acquisition of a 79.03% stake in Dalian Port Logistics Network Co., Ltd. for RMB 63,716,000, with the merger date set for November 3, 2023[7] - The company also acquired 100% of Yingkou Port Xin Technology Co., Ltd. for RMB 19,311,500, with the merger date set for October 27, 2023[7] - Investment income decreased by 75.75% primarily due to the decline in performance of joint ventures in liquefied natural gas and bulk cargo operations[10] Operational Metrics - Container throughput increased by 11.1% to 255.8 million TEU compared to 230.3 million TEU in the same period last year[15] - The company reported a significant increase in the volume of foreign trade containers due to new ocean routes and stable line connections[16] - The domestic economy's recovery contributed to an increase in domestic trade containers, supported by ongoing empty container transfer operations[16] - The company experienced a decline in vehicle throughput due to reduced demand for Japanese and Korean vehicles transiting through its port[16] Expenses - Total operating costs increased to RMB 2,380,520,757.89 in Q1 2024 from RMB 2,337,680,965.82 in Q1 2023, reflecting a rise of about 1.82%[23] - Research and development expenses decreased by 59.71% due to a reduction in R&D projects[10] - Research and development expenses decreased to RMB 4,078,786.37 in Q1 2024 from RMB 10,123,487.05 in Q1 2023, a reduction of approximately 59.69%[23] - Other income increased by 47.79% mainly due to increased subsidies from the China-Europe freight train[10] - Other income increased to RMB 55,933,067.21 in Q1 2024 from RMB 37,845,606.48 in Q1 2023, representing a growth of about 47.73%[24]
辽港股份(02880) - 2024 Q1 - 季度业绩