HTDC(601188)2024-04-26 12:41Financial Performance - The company's operating revenue for Q1 2024 was ¥112,316,759.47, representing a decrease of 11.56% compared to the same period last year[5] - The net profit attributable to shareholders for Q1 2024 was ¥50,937,767.79, down 18.88% year-on-year[5] - The basic earnings per share for Q1 2024 was ¥0.039, reflecting an 18.88% decline compared to the previous year[6] - The net profit for Q1 2024 was CNY 51,957,538.30, a decrease of 19.5% compared to CNY 64,579,124.95 in Q1 2023[19] - The total operating profit for Q1 2024 was CNY 59,890,555.92, down from CNY 71,862,129.19 in the same period last year, reflecting a decline of 16.7%[19] - The company's revenue for Q1 2024 was ¥74,559,597.13, a decrease of 11.5% compared to ¥84,183,210.28 in Q1 2023[32] - Operating profit for Q1 2024 was ¥51,796,145.79, down 19.4% from ¥64,244,313.55 in Q1 2023[32] - Net profit for Q1 2024 was ¥46,449,259.26, a decline of 22.3% compared to ¥59,805,080.24 in Q1 2023[32] Cash Flow - The net cash flow from operating activities was negative at -¥31,423,640.81, indicating a significant cash outflow[5] - Cash flow from operating activities showed a net outflow of CNY 31,423,640.81, an improvement from a net outflow of CNY 139,110,437.91 in Q1 2023[24] - The company's cash flow from operating activities for Q1 2024 was ¥39,216,236.82, a significant improvement from a negative cash flow of -¥167,271,495.57 in Q1 2023[36] - The company reported a significant increase in cash outflow for investment activities, totaling CNY 55,597,537.44 in Q1 2024, compared to CNY 4,159,317.00 in Q1 2023[25] Assets and Liabilities - Total assets as of March 31, 2024, amounted to ¥5,406,044,748.47, a slight increase of 0.91% from the end of the previous year[6] - The company's total assets as of March 31, 2024, amounted to CNY 5,406,044,748.47, slightly up from CNY 5,357,541,079.38 at the end of 2023[15] - Current assets totaled CNY 2,232,713,369.53 as of March 31, 2024, compared to CNY 2,206,789,668.72 at the end of 2023, reflecting a growth of 1.2%[14] - Non-current assets increased to CNY 3,173,331,378.94 as of March 31, 2024, from CNY 3,150,751,410.66 at the end of 2023, marking a growth of 0.7%[14] - The company's total liabilities decreased to CNY 559,002,784.65 as of March 31, 2024, down from CNY 562,535,791.16 at the end of 2023[15] - The total liabilities amounted to ¥191,567,915.50 in Q1 2024, compared to ¥184,662,634.51 in Q1 2023, indicating an increase of 3.9%[30] Shareholder Information - The total number of common shareholders at the end of the reporting period was 52,766[8] - The largest shareholder, Heilongjiang Highway Group, holds 33.47% of the shares, while the second-largest shareholder, China Merchants Highway Network Technology Holdings, holds 16.52%[9] Investment and Expenses - Total operating costs increased to CNY 81,439,972.00 in Q1 2024, up from CNY 74,507,431.17 in Q1 2023, representing a rise of 9.4%[18] - The net profit margin for Q1 2024 was impacted by increased operating costs, with management expenses rising to CNY 21,714,406.36 from CNY 14,223,055.71 in Q1 2023[18] - Research and development expenses were reported at ¥241,332.32 in Q1 2023, indicating a focus on innovation despite the overall decline in revenue[32] - The company reported investment income of ¥31,908,599.68 in Q1 2024, an increase from ¥26,414,321.69 in Q1 2023, showing a growth of 20.5%[32] Comprehensive Income - The total comprehensive income attributable to the parent company for Q1 2024 was CNY 50,937,767.79, down from CNY 62,793,146.11 in Q1 2023[20]