ATLANTIC(SH:600558)2024-04-28 07:36Financial Performance - The company's operating revenue for Q1 2024 was CNY 984,604,630.59, representing a year-on-year increase of 10.44%[5] - The net profit attributable to shareholders for the same period was CNY 30,034,382.88, reflecting a growth of 13.09% compared to the previous year[5] - Basic and diluted earnings per share were both CNY 0.0335, up by 13.18% from the same period last year[5] - Total operating revenue for Q1 2024 reached CNY 984.60 million, an increase of 10.4% compared to CNY 891.51 million in Q1 2023[18] - Net profit for Q1 2024 was CNY 36.25 million, up 14.4% from CNY 31.80 million in Q1 2023[20] - Operating profit for Q1 2024 was CNY 39.67 million, a slight increase from CNY 38.60 million in Q1 2023[18] Cash Flow - The net cash flow from operating activities was negative at CNY -36,840,023.33, an increase in outflow of 38.97% year-on-year[5] - Cash flow from operating activities showed a net outflow of CNY 36.84 million in Q1 2024, an improvement from a net outflow of CNY 60.37 million in Q1 2023[24] - The company's cash inflow from operating activities was CNY 681.25 million in Q1 2024, compared to CNY 632.73 million in Q1 2023, marking an increase of 7.7%[24] - Net cash flow from financing activities was -12,470,924.93, a decrease of 32.5% compared to -18,336,102.43 in the previous period[25] - The net increase in cash and cash equivalents was -58,898,905.85, compared to -85,930,529.64 in the previous period[25] Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 3,159,610,851.29, a decrease of 0.78% from the end of the previous year[5] - Total assets as of Q1 2024 were CNY 3,159.61 million, a decrease from CNY 3,184.57 million in Q1 2023[16] - Total liabilities decreased to CNY 675.10 million in Q1 2024 from CNY 735.57 million in Q1 2023, indicating a reduction of 8.2%[16] - The company's total equity increased to CNY 2,484.51 million in Q1 2024 from CNY 2,448.99 million in Q1 2023, representing a growth of 1.4%[16] Shareholder Information - The number of common shareholders at the end of the reporting period was 31,755[9] - The largest shareholder, Sichuan Atlantic Group Co., Ltd., holds 33.3% of the shares and has pledged 40,000,000 shares[9] Research and Development - Research and development expenses increased to CNY 19.71 million in Q1 2024, compared to CNY 17.44 million in Q1 2023, reflecting a growth of 13.0%[18] Non-Recurring Gains - The company reported non-recurring gains of CNY 4,142,502.92, primarily from government subsidies and asset disposals[7] Cash and Cash Equivalents - Cash and cash equivalents at the end of the period totaled 326,726,656.97, up from 255,967,852.80, representing an increase of 27.7%[25] - The beginning balance of cash and cash equivalents was 385,625,562.82, up from 341,898,382.44[25] - Cash received from other financing activities amounted to 908,781.09, an increase of 45.2% from 625,588.04[25] - Cash paid for debt repayment was 43,829,577.78, down 28.7% from 61,463,147.86[25] - Cash paid for dividends, profits, or interest was 1,336,674.51, a decrease of 24.4% compared to 1,769,515.95[25] - The impact of exchange rate changes on cash and cash equivalents was 338,729.38, an increase from 83,747.33[25]