XCEC(SH:600777)2024-04-26 14:54Financial Performance - The company's operating revenue for Q1 2024 was CNY 2,134,733,792.90, representing a year-on-year increase of 6.64%[4] - The net profit attributable to shareholders for Q1 2024 was CNY 612,848,039.55, showing a decrease of 3.47% compared to the same period last year[4] - The basic earnings per share for Q1 2024 was CNY 0.0901, a decrease of 3.51% year-on-year[4] - The diluted earnings per share also stood at CNY 0.0901, reflecting the same percentage decrease of 3.51%[4] - Total comprehensive income for Q1 2024 was ¥343,290,072.51, down from ¥581,175,250.21 in Q1 2023, indicating a decrease of about 41.0%[19] - The net profit attributable to shareholders of the parent company for Q1 2024 was ¥612,848,039.55, a decrease from ¥634,901,627.58 in Q1 2023, representing a decline of approximately 4.2%[19] Cash Flow and Liquidity - The net cash flow from operating activities was CNY 1,610,274,364.73, reflecting an increase of 9.27% year-on-year[4] - Operating cash flow for Q1 2024 was ¥1,610,274,364.73, an increase from ¥1,473,618,198.25 in Q1 2023, reflecting a growth of approximately 9.3%[21] - Cash and cash equivalents at the end of Q1 2024 amounted to ¥3,174,749,835.14, compared to ¥1,570,625,320.27 at the end of Q1 2023, showing an increase of about 102.5%[22] - The net cash outflow from investing activities for Q1 2024 was ¥663,774,464.49, an improvement from a net outflow of ¥1,172,105,797.35 in Q1 2023, reflecting a reduction of about 43.4%[22] Assets and Liabilities - Total assets at the end of Q1 2024 reached CNY 34,390,568,265.64, which is a 2.41% increase from the end of the previous year[5] - Total current assets increased to ¥4,564,413,716.87, compared to ¥3,958,683,266.47, marking a growth of 15.3%[14] - Non-current assets totaled ¥29,826,154,548.77, slightly up from ¥29,622,623,891.01, reflecting an increase of 0.7%[15] - Total liabilities amounted to ¥13,938,635,896.21, compared to ¥13,472,664,860.56, representing a rise of 3.5%[16] - The company's equity attributable to shareholders increased to ¥20,451,932,369.43 from ¥20,108,642,296.92, a growth of 1.7%[16] Operating Costs and Expenses - Total operating costs for Q1 2024 were ¥1,355,805,581.10, up from ¥1,197,311,236.06 in Q1 2023, reflecting a year-over-year increase of 13.2%[16] - Research and development expenses were not explicitly detailed in the provided data, but management expenses increased to ¥177,820,964.54 in Q1 2024 from ¥134,928,823.45 in Q1 2023, a rise of about 31.7%[18] - Financial expenses decreased to ¥64,337,831.86 in Q1 2024 from ¥95,354,883.84 in Q1 2023, a reduction of approximately 32.6%[18] - The company incurred a tax expense of ¥166,435,819.53 in Q1 2024, down from ¥172,425,080.75 in Q1 2023, representing a decrease of about 3.4%[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 126,162[7] - The weighted average return on equity was 3.0019%, down by 0.6872 percentage points compared to the previous year[4] - Non-recurring gains and losses amounted to CNY 106,280.36 after tax for the reporting period[6] Inventory and Receivables - Accounts receivable decreased to ¥1,022,700,197.07 from ¥1,046,225,316.03, indicating a reduction of approximately 2.3%[14] - Inventory increased to ¥141,596,003.67 from ¥137,200,117.76, showing a growth of 3.5%[14] - The company reported sales revenue from goods and services of ¥2,181,955,476.82 in Q1 2024, up from ¥2,117,455,688.81 in Q1 2023, marking an increase of approximately 3.0%[21] Accounting Standards - The company will not apply new accounting standards or interpretations starting from 2024[23]