ZHONGJIN GOLD(SH:600489)2024-04-26 13:38Financial Performance - The company's operating revenue for Q1 2024 was CNY 13,164,077,845.22, a decrease of 1.37% compared to the same period last year[5]. - Net profit attributable to shareholders increased by 43.73% to CNY 782,849,375.09, driven by improved production efficiency and rising product prices[5][9]. - Net profit for Q1 2024 reached CNY 953,820,801.15, an increase of 40.73% compared to CNY 677,397,116.09 in Q1 2023[23]. - Basic earnings per share rose by 45.45% to CNY 0.16, reflecting the company's operational improvements[6][9]. - Earnings per share for Q1 2024 were CNY 0.16, up from CNY 0.11 in Q1 2023[24]. - The company reported a total comprehensive income of CNY 962,679,047.21 for Q1 2024, compared to CNY 672,782,094.97 in Q1 2023, reflecting a substantial increase[24]. Cash Flow - The net cash flow from operating activities was CNY 1,076,319,112.36, a significant recovery from a negative cash flow of CNY -323,566,192.34 in the previous year[5]. - In Q1 2024, the net cash flow from operating activities was ¥1,076,319,112.36, a significant improvement from a net outflow of ¥-324,074,490.58 in Q1 2023[27]. - Total cash inflow from operating activities in Q1 2024 was ¥15,028,766,317.00, compared to ¥14,902,812,578.66 in Q1 2023, indicating a slight increase[27]. - The cash outflow for operating activities decreased to ¥13,952,447,204.64 in Q1 2024 from ¥15,226,887,069.24 in Q1 2023[27]. - The net cash flow from financing activities improved to ¥719,393,172.09 in Q1 2024, compared to a net outflow of ¥-736,361,006.21 in Q1 2023[28]. Assets and Liabilities - Total assets at the end of Q1 2024 reached CNY 55,257,687,706.96, an increase of 4.89% from the end of the previous year[6]. - Total assets increased to CNY 55,257,687,706.96 in Q1 2024, compared to CNY 52,680,243,371.36 in Q1 2023, reflecting a growth of 5.98%[20]. - Total liabilities rose to CNY 23,618,518,352.56 in Q1 2024, an increase of 7.63% from CNY 21,944,195,948.28 in Q1 2023[20]. - The total liabilities as of March 31, 2024, were RMB 30,000,000,000.00, which is a significant figure for assessing the company's financial health[18]. - Shareholders' equity reached CNY 31,639,169,354.40 in Q1 2024, up from CNY 30,736,047,423.08 in Q1 2023, indicating a growth of 2.94%[20]. Production and Sales - The production of mineral gold reached 4,465.30 kg, marking an increase of 8.91% year-over-year, while sales volume was 4,146.12 kg, up by 9.89%[15]. - The production of copper from mines decreased by 6.03% to 1.87 million tons, while the sales volume increased by 16.11% to 2.09 million tons[15]. - The company reported a decrease in refined gold production by 1.63% to 9,863.68 kg, with sales volume down by 3.14% to 9,503.44 kg[15]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 132,369[10]. - The largest shareholder, China National Gold Group Corporation, holds 45.84% of the shares[11]. Future Outlook - The company plans to continue optimizing production and expanding its market presence to sustain growth in the upcoming quarters[9].