CSICL(SH:601989)2024-04-26 11:44Financial Performance - The company's operating revenue for Q1 2024 reached CNY 1,016,708.89 million, representing a year-on-year increase of 49.00%[4] - Net profit attributable to shareholders of the listed company was CNY 13,525.91 million, up 103.63% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses surged to CNY 8,890.73 million, marking a significant increase of 708.38% year-on-year[4] - The basic earnings per share for the period was CNY 0.006, reflecting a 100% increase from the previous year[4] - The company's operating revenue for Q1 2024 reached RMB 10.17 billion, representing a year-on-year increase of 49.00%[12] - Net profit attributable to shareholders was RMB 135.26 million, showing a significant increase of 103.63% compared to the same period last year[12] - The net profit for Q1 2024 was ¥148,645,477.48, compared to ¥78,198,212.70 in Q1 2023, indicating a growth of 90%[18] - The net profit for Q1 2024 was CNY 134,298,472.85, a significant increase from CNY 60,006,476.43 in Q1 2023, representing a growth of 124%[19] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 19,779,075.80 million, a slight increase of 0.12% from the end of the previous year[5] - Total assets as of March 31, 2024, were RMB 197.79 billion, a slight increase of 0.12% from the end of 2023[13] - Total liabilities stood at RMB 113.70 billion, a decrease of 0.05% from the previous year-end[13] - The total assets amounted to ¥197,790,758,023.98, slightly up from ¥197,544,639,241.68 in the previous quarter[17] - The total liabilities were reported at ¥113,704,141,795.31, a minor decrease from ¥113,761,934,364.13 in the previous quarter[17] - The equity attributable to shareholders reached ¥83,525,880,999.72, an increase from ¥83,223,571,427.51 in the previous quarter[17] Cash Flow - The net cash flow from operating activities was reported at -CNY 324,052.83 million, compared to -CNY 474,400.00 million in the same period last year[4] - The company's cash flow from investment activities was RMB 6.13 billion, a significant improvement from a negative RMB 984.80 million in the same period last year[14] - The cash flow from operating activities showed a net outflow of CNY -3,240,528,309.88, an improvement from the previous year's outflow of CNY -4,743,771,752.94[21] - Cash inflow from financing activities was CNY 831,913,624.34, compared to CNY 500,743,202.46 in Q1 2023, showing a growth of 66%[22] - The total cash outflow from investing activities was CNY 556,581,749.24, down from CNY 6,574,501,406.23 in the same quarter last year[22] Operational Efficiency - The company experienced a notable increase in production efficiency and delivery of completed ship products, contributing to the revenue growth[8] - Operating costs for the same period were RMB 8.84 billion, up 53.67% year-on-year[12] - The gross profit margin decreased to 13.09%, down 2.64 percentage points compared to the previous year[12] - R&D expenses amounted to RMB 313.29 million, a 45.89% increase year-on-year, reflecting the company's commitment to innovation[12] - Research and development expenses increased to ¥313,292,480.13 in Q1 2024, compared to ¥214,752,659.33 in Q1 2023, marking a rise of 46%[18] Other Comprehensive Income - The company reported a total comprehensive income of CNY 214,474,108.23 for Q1 2024, down from CNY 242,443,551.24 in Q1 2023[19] - The company reported a decrease in other comprehensive income attributable to the parent company, totaling CNY 78,309,178.67, compared to CNY 181,705,960.31 in Q1 2023[19]