2024-04-26 11:15Financial Performance - The company's operating revenue for Q1 2024 was CNY 4,761,703,435.99, representing a decrease of 44.11% compared to the same period last year[4] - The net profit attributable to shareholders for Q1 2024 was CNY 911,298,865.24, down 62.56% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 527,329,111.74, a decline of 71.53% compared to the previous year[4] - The basic and diluted earnings per share for Q1 2024 were both CNY 0.07, reflecting a decrease of 63.16% year-on-year[4] - Total operating revenue for Q1 2024 was CNY 4,761,703,435.99, a decrease of 44.5% from CNY 8,520,170,580.48 in Q1 2023[18] - Net profit attributable to shareholders of the parent company was CNY 911,298,865.24, a decrease of 62.6% compared to CNY 2,433,770,742.35 in Q1 2023[20] - The company reported a total profit of CNY 1,418,427,129.04 for Q1 2024, down from CNY 3,346,016,344.03 in the same period last year[20] - Net profit for Q1 2024 was CNY 1,808,499,919.00, a slight decrease of 3.23% from CNY 1,869,038,254.61 in Q1 2023[27] - Comprehensive income for Q1 2024 was CNY 2,174,835,800.35, a decrease of 2.32% from CNY 2,226,093,190.54 in Q1 2023[27] Assets and Liabilities - The total assets at the end of Q1 2024 were CNY 713,945,450,149.57, down 5.39% from the end of the previous year[5] - The company's total assets decreased to CNY 713,945,450,149.57 from CNY 754,586,792,234.64, a decline of 5.4%[18] - Total liabilities decreased to CNY 541,299,914,881.84 from CNY 579,787,232,518.31, a reduction of 6.6%[18] - The total liabilities decreased to CNY 308,084,455,383.74 from CNY 344,239,296,806.33, reflecting a reduction of 10.54%[25] - The company's total liabilities as of March 31, 2024, were not explicitly stated but can be inferred from the cash flow and asset changes[24] Cash Flow - The net cash flow from operating activities was negative at CNY -6,923,972,193.49, indicating a significant cash outflow[4] - Net cash flow from operating activities for Q1 2024 was -6,923,972,193.49 RMB, compared to -377,112,384.85 RMB in Q1 2023, indicating a significant decline[22] - In Q1 2024, the net cash flow from operating activities was -14.20 billion RMB, a significant decrease compared to 21.51 million RMB in Q1 2023[28] - Total cash inflow from operating activities reached 27.80 billion RMB, while cash outflow was 42.00 billion RMB, resulting in a net cash outflow of 14.20 billion RMB[28] - The net cash flow from financing activities was -1,013,978,808.92 RMB in Q1 2024, down from 7,748,270,275.15 RMB in Q1 2023, reflecting a decrease in financing activities[23] - The net cash flow from financing activities was 4.21 billion RMB, down from 5.93 billion RMB in the previous year[30] Investment Income - Investment income for Q1 2024 was CNY 528,842,688.61, a decrease of 74.56% compared to CNY 2,078,916,517.40 in the same period last year[10] - Investment income for Q1 2024 was CNY 528,842,688.61, significantly lower than CNY 2,078,916,517.40 in Q1 2023[18] - Investment income dropped significantly to CNY 117,060,871.00, down 91.66% from CNY 1,406,018,177.28 year-over-year[26] Equity and Shareholder Information - The equity attributable to shareholders increased slightly to CNY 164,496,425,733.86, a rise of 0.77% compared to the end of the previous year[5] - Total equity attributable to shareholders of the parent company increased to CNY 164,496,425,733.86 from CNY 163,243,990,487.16, an increase of 0.8%[18] - Total equity increased to CNY 155,278,150,674.05 from CNY 153,271,166,148.86, marking a growth of 1.31%[25] Other Financial Metrics - The company reported a significant increase in fair value changes with a gain of CNY 578,199,582.87, up 283.01% year-on-year[10] - The company reported a significant increase in cash received from investment recoveries, totaling 27,310,573,696.05 RMB in Q1 2024, compared to 5,434,048,035.81 RMB in Q1 2023[22] - The company reported a significant increase in cash received from investment recoveries, totaling 25.87 billion RMB, compared to 4.70 billion RMB in Q1 2023[28]