江苏金租(600901) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was RMB 128,184.43 million, representing a year-on-year increase of 5.84%[4] - The net profit attributable to shareholders was RMB 71,191.31 million, reflecting a growth of 4.68% compared to the same period last year[4] - The company reported a basic earnings per share of RMB 0.17, which is a 6.25% increase year-on-year[4] - Total operating revenue for Q1 2024 reached ¥1,281,844,340.69, an increase of 5.8% compared to ¥1,211,132,523.33 in Q1 2023[18] - Net profit for Q1 2024 was ¥711,913,100.49, representing an increase of 4.7% from ¥680,057,680.72 in Q1 2023[19] - Basic earnings per share for Q1 2024 were ¥0.17, compared to ¥0.16 in Q1 2023, indicating a growth of 6.3%[20] Cash Flow - The net cash flow from operating activities was negative at RMB -285,406.61 million, indicating a significant cash outflow[4] - Cash inflow from operating activities for Q1 2024 was ¥24,006,883,274.58, up from ¥20,225,994,301.12 in Q1 2023, representing an increase of 18.0%[21] - The net cash flow from operating activities was -2,854,066,081.79 CNY, compared to -536,257,143.72 CNY in the previous period[23] - The total cash outflow from investment activities was -709,229,039.66 CNY, significantly higher than -96,246,010.36 CNY in the prior period[23] - The cash inflow from financing activities amounted to 3,000,000,000.00 CNY, with a net cash flow from financing activities of 2,993,004,117.62 CNY, contrasting with -1,030,692,095.24 CNY previously[23] - The net increase in cash and cash equivalents was -569,402,645.53 CNY, compared to -1,666,647,982.03 CNY in the previous period[23] - The ending balance of cash and cash equivalents was 2,271,716,955.40 CNY, down from 3,279,971,646.92 CNY at the beginning of the period[23] Assets and Liabilities - Total assets increased to RMB 12,728,815.39 million, up 6.14% from the end of the previous year[5] - Total assets at the end of the reporting period reached CNY 12,728,815.39 million, an increase from CNY 11,992,005.64 million at the end of the previous year[12] - Total liabilities amounted to CNY 10,837,616.72 million, up from CNY 10,207,097.00 million year-over-year[12] - Total assets as of Q1 2024 amounted to ¥127,288,153,916.76, compared to ¥119,920,056,358.75 in Q1 2023, marking a growth of 6.4%[17] - Total liabilities increased to ¥108,376,167,183.61 in Q1 2024, up from ¥102,070,969,976.21 in Q1 2023, reflecting a rise of 6.3%[17] Equity and Capital - The company’s total equity attributable to shareholders rose to RMB 1,891,198.67 million, a 5.95% increase from the previous year[5] - The company's equity totaled ¥18,911,986,733.15 in Q1 2024, an increase of 5.9% from ¥17,849,086,382.54 in Q1 2023[17] - Total net capital at the end of the reporting period was CNY 2,033,549.67 million, an increase from CNY 1,917,691.94 million year-over-year[13] Operational Metrics - The weighted average return on equity decreased by 0.3 percentage points to 3.87%[4] - The company experienced a significant increase in operating lease income by 208.40% during the reporting period[8] - Non-recurring gains and losses totaled RMB 1,141.17 million, primarily due to the recovery of previously written-off amounts[6] - The net interest margin for leasing business was 3.63%, compared to 3.76% in the same period last year[14] - The ratio of non-performing financing lease assets remained stable at 0.91%[14] - The coverage ratio for provisions was 442.08%, down from 448.39% year-over-year[14] - Core Tier 1 capital adequacy ratio was 14.52%, slightly down from 14.55% in the previous year[13] - The total amount of risk-weighted assets was CNY 12,971,291.18 million, compared to CNY 12,217,123.30 million at the end of the previous year[13] - The company reported a cost-to-income ratio of 9.38%, up from 8.81% in the previous year[14] - The proportion of normal financing lease assets was 95.84%, slightly up from 95.59% year-over-year[15] - The company reported a net increase in borrowings and interbank loans of ¥4,763,792,361.71 in Q1 2024, compared to ¥5,477,395,371.71 in Q1 2023[21] - The company’s total operating expenses for Q1 2024 were ¥333,210,861.67, an increase from ¥304,520,269.39 in Q1 2023, reflecting a rise of 9.4%[19]