物产中大(600704) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was approximately CNY 132.94 billion, representing a year-on-year increase of 3.78%[4] - The net profit attributable to shareholders decreased by 14.50% year-on-year, amounting to approximately CNY 827.66 million[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately CNY 779.14 million, a decrease of 2.83% compared to the same period last year[4] - Total operating revenue for Q1 2024 reached ¥132.94 billion, an increase from ¥128.09 billion in Q1 2023, representing a growth of approximately 2.3%[19] - Net profit for Q1 2024 was ¥1.29 billion, down from ¥1.52 billion in Q1 2023, reflecting a decrease of about 15.3%[21] - The total comprehensive income attributable to the parent company for Q1 2024 was CNY 1,240,887,054.21, an increase from CNY 953,459,302.16 in Q1 2023, representing a growth of approximately 30.2%[22] Cash Flow - The net cash flow from operating activities was negative at approximately CNY -14.03 billion, indicating a significant cash outflow[4] - The net cash flow from operating activities for Q1 2024 was -CNY 14,028,973,495.82, compared to -CNY 6,870,924,711.73 in Q1 2023, indicating a decline in cash flow[24] - The net cash flow from investing activities for Q1 2024 was -CNY 1,126,415,831.37, an improvement from -CNY 1,765,491,300.71 in Q1 2023[24] - Cash received from the sale of goods and services in Q1 2024 was CNY 166,381,802,987.22, up from CNY 159,485,877,874.63 in Q1 2023, reflecting an increase of about 4.3%[23] - Total cash inflow from financing activities in Q1 2024 was CNY 64,361,384,689.76, compared to CNY 56,549,315,758.14 in Q1 2023, marking an increase of approximately 13.2%[25] Assets and Liabilities - Total assets increased by 22.81% year-on-year, reaching approximately CNY 204.03 billion[5] - The company's current assets totaled RMB 146,895,370,413.38, up from RMB 109,590,912,336.17, indicating a growth of about 34%[16] - The total liabilities increased to ¥150.95 billion in Q1 2024 from ¥114.79 billion in Q1 2023, marking a rise of approximately 31.5%[18] - The company's total equity rose to ¥53.08 billion in Q1 2024, compared to ¥51.34 billion in Q1 2023, indicating an increase of about 3.4%[18] - The company's inventory surged to RMB 57,268,126,083.38 from RMB 37,735,913,793.34, indicating an increase of about 52%[16] Shareholder Information - The total number of shareholders at the end of the reporting period was 101,972[8] - The largest shareholder, Zhejiang State-owned Capital Operation Co., Ltd., held 25.42% of the shares, totaling approximately 1.32 billion shares[8] Investment and Expenses - Research and development expenses for Q1 2024 were ¥224.76 million, up from ¥201.93 million in Q1 2023, which is an increase of approximately 11.3%[19] - The company's total operating costs for Q1 2024 were ¥131.80 billion, compared to ¥126.18 billion in Q1 2023, reflecting an increase of about 4.1%[19] - The company reported investment income of ¥539.76 million in Q1 2024, compared to ¥385.56 million in Q1 2023, which is an increase of approximately 40.0%[19] Other Financial Metrics - The weighted average return on equity decreased by 0.66 percentage points to 2.27%[5] - The company reported a basic earnings per share of CNY 0.16 for Q1 2024, down from CNY 0.18 in Q1 2023[22] - The company paid CNY 46,191,058,764.13 in debt repayments during Q1 2024, compared to CNY 42,083,788,773.98 in Q1 2023, indicating an increase of about 7.5%[25]