ZJQY(SH:600210)2024-04-29 07:37Financial Performance - The company's operating revenue for Q1 2024 was CNY 2,243,063,433.79, representing a slight increase of 0.03% compared to the same period last year[3]. - Net profit attributable to shareholders was CNY 157,089,453.10, reflecting a significant increase of 32.37% year-over-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 156,771,783.99, up by 35.63% compared to the previous year[3]. - The basic earnings per share (EPS) was CNY 0.104, which is an increase of 32.78% year-over-year[3]. - Net profit for Q1 2024 was CNY 164,024,919.01, an increase of 21.93% compared to CNY 134,508,268.77 in Q1 2023[17]. - Earnings per share (EPS) for Q1 2024 was CNY 0.104, up from CNY 0.078 in Q1 2023, reflecting a growth of 33.33%[17]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 14,330,938,669.54, a 4.65% increase from the end of the previous year[3]. - Total current assets as of March 31, 2024, increased to ¥8,002,673,771.68 from ¥7,469,378,460.51 as of December 31, 2023, reflecting a growth of approximately 7.1%[12]. - Total liabilities increased to CNY 7,911,165,130.78 in Q1 2024 from CNY 7,438,951,323.79 in Q1 2023, marking an increase of 6.35%[13]. - The total assets as of March 31, 2024, amounted to ¥14,330,938,669.54, up from ¥13,694,316,075.50, reflecting an increase of about 4.7%[12]. - Total liabilities increased to CNY 4,464,299,577.62 from CNY 4,078,892,008.57 at the end of 2023[23]. Cash Flow - The net cash flow from operating activities was negative at CNY -148,901,618.88, a decline of 188.28% compared to the same period last year[3]. - In Q1 2024, the cash inflow from operating activities was CNY 2,932,051,577.64, an increase of 5.77% compared to CNY 2,772,765,661.81 in Q1 2023[19]. - The cash flow statement for Q1 2024 indicates ongoing investments in operational activities, although specific figures were not detailed in the provided content[18]. - Cash inflow from investment activities was CNY 60,944,905.28, significantly up from CNY 9,013,130.38 in Q1 2023[20]. - The net cash outflow from investment activities increased to CNY -233,596,877.70, compared to CNY -203,608,453.64 in Q1 2023[20]. - The company's cash and cash equivalents at the end of Q1 2024 were CNY 2,668,160,785.35, up from CNY 1,741,224,578.10 at the end of Q1 2023[20]. Shareholder Information - Total number of common shareholders at the end of the reporting period was 78,692[8]. - The largest shareholder, Shanghai Zijiang (Group) Co., Ltd., holds 395,207,773 shares, representing 26.06% of total shares[8]. - The company reported no significant changes in the shareholding structure of the top 10 shareholders due to the transfer of shares[10]. Operational Efficiency and Strategic Initiatives - The company plans to continue focusing on market expansion and new product development as part of its strategic initiatives moving forward[18]. - The company plans to focus on enhancing operational efficiency and exploring new market opportunities in the upcoming quarters[26]. - Research and development expenses for Q1 2024 were CNY 78,550,257.39, up from CNY 73,688,422.93 in Q1 2023, an increase of 6.67%[17]. - Research and development expenses in Q1 2024 were significantly reduced to ¥68,472.56 from ¥3,139,430.81 in Q1 2023, indicating a strategic shift[26]. - The company experienced a 44.56% decrease in receivables financing due to a reduction in bank acceptance bills received at the end of the reporting period[5].