CNDL(SZ:000155)2024-04-28 08:18Financial Performance - The company's revenue for Q1 2024 reached ¥1,003,093,278.09, representing a 7.85% increase compared to ¥930,123,619.13 in the same period last year[3]. - Net profit attributable to shareholders was ¥415,718,640.20, a significant increase of 50.45% from ¥276,316,699.85 year-on-year[3]. - Basic and diluted earnings per share increased to ¥0.28, up 47.37% from ¥0.19 in the same quarter last year[3]. - The net profit for Q1 2024 was CNY 497,862,810.15, an increase from CNY 481,419,167.57 in Q1 2023, representing a growth of approximately 3.0%[17]. - The operating profit for Q1 2024 was CNY 560,785,042.44, compared to CNY 533,408,724.44 in the same period last year, indicating an increase of about 5.1%[17]. - The total comprehensive income for Q1 2024 was CNY 497,862,810.15, compared to CNY 481,419,167.57 in the previous year, reflecting an increase of about 3.0%[18]. Cash Flow - The net cash flow from operating activities was ¥90,551,212.63, showing a remarkable growth of 118.08% compared to ¥41,522,479.76 in the previous year[3]. - Net cash flow from operating activities increased by CNY 49,028,732.87, a growth of 118.08%, mainly due to higher cash receipts from sales compared to the same period last year[8]. - The cash flow from operating activities netted CNY 90,551,212.63, significantly higher than CNY 41,522,479.76 in the previous year, marking an increase of about 118.5%[20]. - The cash flow from financing activities generated CNY 1,181,570,837.45, a substantial rise from CNY 143,458,942.28 in the same quarter last year, indicating an increase of about 720.5%[20]. Assets and Liabilities - Total assets at the end of the reporting period were ¥23,414,837,749.19, reflecting a 7.55% increase from ¥21,770,586,941.78 at the end of the previous year[3]. - Total liabilities increased to ¥12,857,924,307.78 from ¥11,716,529,780.72, reflecting a rise of 9.7%[15]. - The company's cash and cash equivalents increased by ¥1,329,661,025.73, a growth of 37.05% due to increased sales collections in Q1 2024[7]. - The company's cash and cash equivalents at the end of Q1 2024 stood at CNY 4,780,344,362.80, up from CNY 2,355,237,098.80 at the end of Q1 2023, indicating a growth of approximately 103.5%[20]. Inventory and Receivables - Accounts receivable rose by ¥375,826,890.23, a 15.98% increase, primarily due to higher electricity fee receivables from the State Grid[7]. - Inventory increased by CNY 106,476,310.05, a growth of 63.37%, mainly due to unsold inventory from Sichuan Energy Investment Lithium Industry Co., Ltd.[8]. - Accounts receivable rose to ¥2,728,219,133.10, compared to ¥2,352,392,242.87 at the beginning of the period, marking an increase of 16.0%[14]. - Inventory levels increased to ¥274,495,517.25 from ¥168,019,207.20, a significant rise of 63.3%[14]. Expenses and Income - Operating costs for Q1 2024 were ¥433,188,338.29, up from ¥406,718,655.82 in the same period last year, reflecting a rise of 6.4%[16]. - Management expenses increased by CNY 20,462,447.90, a rise of 40.22%, due to new project operations and increased personnel costs[8]. - Research and development expenses were ¥2,502,187.09, slightly down from ¥2,960,235.80 in Q1 2023, indicating a decrease of 15.4%[16]. - Investment income increased by CNY 2,715,364.28, a growth of 231.82%, mainly due to higher returns from bank wealth management products[8]. - Tax and additional charges decreased by CNY 4,351,612.23, a decline of 37.64%, primarily due to reduced income from Sichuan Energy Investment Lithium Industry Co., Ltd.[8]. Government Support - The company received government subsidies amounting to ¥4,402,144.82 during the reporting period[4].