BSP(000761)2024-04-28 07:38Financial Performance - The company's operating revenue for Q1 2024 was ¥14,807,070,392.43, a decrease of 6.19% compared to ¥15,784,242,237.23 in the same period last year[19] - The net profit attributable to shareholders of the listed company was -¥905,564,796.05, representing a significant decline of 2,005.49% from ¥47,524,016.34 year-on-year[19] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥917,000,630.43, down 1,392.79% from ¥70,931,650.60 in the previous year[19] - The basic earnings per share were -¥0.22, a decline of 2,300.00% from ¥0.01 in the previous year[19] - Net profit for the current period is a loss of ¥877,008,340.98, compared to a profit of ¥54,112,760.24 in the previous period[32] - The total comprehensive income attributable to the parent company was -905,564,796.05 CNY, compared to 47,524,016.34 CNY in the previous period[45] Cash Flow - The net cash flow from operating activities was ¥520,202,722.95, a decrease of 81.64% compared to ¥2,833,913,987.48 in the same period last year[19] - Cash inflow from operating activities totaled 14,342,316,481.81 CNY, while cash outflow was 13,822,113,758.86 CNY, resulting in a net cash flow of 520,202,722.95 CNY[46] - Cash and cash equivalents at the end of the period are ¥1,881,957,679.35, down from ¥2,194,654,161.34 at the beginning of the period[41] - Cash and cash equivalents at the end of the period were 1,104,487,550.64 CNY, down from 3,238,438,779.11 CNY at the end of the previous period[46] - The company reported a significant increase in cash paid for goods and services, totaling 13,058,662,926.94 CNY, compared to 11,110,855,339.27 CNY in the prior period[46] Assets and Liabilities - Total assets at the end of the reporting period were ¥46,076,581,807.09, a slight decrease of 0.23% from ¥46,181,979,851.06 at the end of the previous year[19] - Total assets amounted to approximately 46.08 billion, a slight decrease from 46.18 billion[29] - The total liabilities increased to ¥29,354,106,172.81 from ¥28,582,940,068.39, marking a rise of 2.69%[30] - The equity attributable to shareholders of the listed company was ¥16,104,696,136.03, down 5.32% from ¥17,009,969,496.07 at the end of the previous year[19] - Total equity attributable to shareholders decreased to ¥16,104,696,136.03 from ¥17,009,969,496.07, a decline of 5.31%[30] Operational Metrics - The net cash flow from operating activities was 520,202,722.95 CNY, a significant decrease from 2,833,913,987.48 CNY in the prior period[46] - The company reported a non-operating income of ¥42,162,550.23 from government subsidies, which are closely related to normal business operations[19] - The company recorded a loss of -¥13,682,505.71 from the disposal of non-current assets, including the reversal of asset impairment provisions[19] - Accounts receivable increased by 99.61% due to an increase in received notes[22] - Other current assets decreased by 75.92% due to a reduction in VAT credits[22] - Short-term borrowings increased by 50.91% during the period[22] - Employee compensation payable surged by 390.79% due to an increase in accrued unused education funds[22] - Other income rose by 2406.77% due to increased tax benefits and government subsidies[22] - Investment income skyrocketed by 4962.25% compared to the previous year[22] - Cash received from tax refunds increased by 1686.21% due to higher tax incentives received[22] - Cash paid for the acquisition of fixed assets increased by 291.65%[22] - Long-term borrowings increased by 34.71% during the reporting period[22] Expenses - Total operating costs for the current period are ¥15,638,364,267.50, slightly down from ¥15,678,992,999.46 in the previous period[30] - The company's financial expenses decreased to ¥78,923,858.76 from ¥133,319,852.94 in the previous period[32] - Research and development expenses increased to ¥18,207,482.38 from ¥13,611,774.67 in the previous period, reflecting a growth of 33.33%[30]