兴发集团(600141) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥6,888,151,462.82, representing a year-on-year increase of 4.82% compared to ¥6,571,156,048.61 in the same period last year[4] - Net profit attributable to shareholders of the listed company decreased by 15.07% to ¥381,593,323.41 from ¥449,309,504.76 in the previous year[4] - Basic earnings per share for Q1 2024 was ¥0.34, down 15.00% from ¥0.40 in the same period last year[5] - Operating profit for Q1 2024 was ¥486.69 million, a decline of 17.64% compared to ¥590.80 million in Q1 2023[18] - Total comprehensive income for Q1 2024 was ¥402.59 million, down from ¥458.32 million in Q1 2023[18] - The company reported a tax expense of ¥110.15 million in Q1 2024, down from ¥131.41 million in Q1 2023[18] Assets and Liabilities - The total assets at the end of Q1 2024 were ¥45,588,549,006.10, an increase of 2.31% from ¥44,560,893,360.65 at the end of the previous year[5] - The total liabilities increased to ¥23,146,987,904.46 from ¥22,590,961,413.01, representing a rise of about 2.46%[15] - Short-term borrowings rose significantly to ¥2,064,144,959.54 from ¥1,714,310,600.89, marking an increase of approximately 20.36%[14][15] - The total equity attributable to shareholders increased to ¥21,155,523,179.51 from ¥20,704,948,971.53, reflecting a growth of approximately 2.17%[15] - The total non-current assets amounted to ¥37,610,701,677.15, up from ¥36,942,201,012.60, indicating a growth of approximately 1.81%[14][15] Cash Flow - The net cash flow from operating activities was negative at -¥498,969,841.73, slightly worse than -¥496,495,375.75 in the same period last year, indicating a 0.50% increase in cash outflow[5] - Cash flow from operating activities in Q1 2024 was negative at -¥498.97 million, slightly worse than -¥496.50 million in Q1 2023[19] - Net cash flow from investing activities was -$527.14 million, compared to -$704.20 million in the previous period, indicating an improvement of approximately 25.2%[20] - Total cash inflow from financing activities increased to $2.60 billion, up from $1.86 billion, representing a growth of about 39.7%[20] - Net cash flow from financing activities was $1.02 billion, significantly higher than $272.69 million in the previous period, showing an increase of approximately 274.5%[20] - Cash and cash equivalents at the end of the period totaled $2.02 billion, down from $3.71 billion, reflecting a decrease of about 45.5%[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 80,733, with the largest shareholder, Yichang Xingfa Group Co., Ltd., holding 20.05% of the shares[7] Research and Development - Research and development expenses in Q1 2024 amounted to ¥212.30 million, down 15.19% from ¥250.31 million in Q1 2023[17] Company Strategy - The company has no plans for significant market expansion or mergers and acquisitions disclosed in the report[8] - The report did not indicate any new product or technology developments during the quarter[8] Other Income - Other income for Q1 2024 was ¥41.91 million, significantly higher than ¥14.38 million in Q1 2023[17] - Non-recurring gains and losses for the period totaled ¥23,552,090.16, with government subsidies contributing ¥47,019,977.86[6]