CDG(SH:603018)2024-04-29 07:41Financial Performance - The company's operating revenue for Q1 2024 was ¥790,020,283.07, representing a decrease of 9.48% compared to the same period last year[5] - The net profit attributable to shareholders was ¥92,891,541.13, down by 2.28% year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥90,061,590.36, a decrease of 1.58% compared to the previous year[5] - Total revenue for Q1 2024 was ¥790,020,283.07, a decrease of 9.5% compared to ¥872,716,672.08 in Q1 2023[20] - Operating profit for Q1 2024 was ¥110,541,795.05, slightly down from ¥112,236,739.89 in Q1 2023[20] - The net profit for Q1 2024 was approximately ¥95.15 million, slightly down from ¥95.94 million in Q1 2023, representing a decrease of 0.8%[21] - The total profit before tax for Q1 2024 was approximately ¥110.38 million, down from ¥112.28 million in Q1 2023, indicating a decrease of 1.7%[21] Assets and Liabilities - The total assets at the end of Q1 2024 were ¥12,521,799,707.89, reflecting a decline of 5.23% from the end of the previous year[6] - Total assets as of March 31, 2024, were ¥12,521,799,707.89, down from ¥13,212,819,443.30 at the end of 2023[16] - Total liabilities decreased to ¥7,387,586,682.20 from ¥8,150,312,134.82, a reduction of 9.4%[16] Shareholder Information - The equity attributable to shareholders increased to ¥5,034,406,212.04, marking a growth of 1.40% from the previous year[6] - The company's equity attributable to shareholders increased to ¥5,034,406,212.04 from ¥4,964,958,487.30, an increase of 1.4%[16] - The number of ordinary shareholders at the end of the reporting period was 37,176[10] - The top shareholder, Yang Weidong, held 27,222,434 shares, representing 3.98% of the total shares[10] Cash Flow - The net cash flow from operating activities was negative at -¥231,591,630.47, indicating a significant cash outflow[5] - The cash flow from operating activities showed a net outflow of approximately ¥231.59 million, compared to a net outflow of ¥203.13 million in the same period last year[24] - The company’s cash outflows for operating activities totaled approximately ¥1.61 billion, a decrease of 6.5% from ¥1.73 billion in Q1 2023[24] - The company reported cash and cash equivalents at the end of Q1 2024 amounting to approximately ¥1.88 billion, an increase from ¥1.57 billion at the end of Q1 2023[25] - The net cash flow from financing activities was negative at approximately ¥79.22 million, contrasting with a positive inflow of ¥54.77 million in Q1 2023[25] Costs and Expenses - Total operating costs for Q1 2024 were ¥701,085,176.35, down 9.7% from ¥776,556,660.58 in Q1 2023[20] - Research and development expenses for Q1 2024 were ¥46,705,921.47, slightly down from ¥47,278,191.17 in Q1 2023[20] - Inventory decreased to ¥276,306,497.71 from ¥292,933,091.10, a decline of 5.7%[14] - The company reported a net credit impairment loss of ¥7,137,581.58, an improvement compared to ¥11,391,969.56 in Q1 2023[20] Project Development - The company reported a 67.68% increase in construction in progress, attributed to the steady advancement of the Huase Innovation Center project[7] Return on Equity - The weighted average return on equity was 1.86%, a decrease of 0.28 percentage points year-on-year[5] - The basic and diluted earnings per share remained stable at ¥0.14 for both Q1 2024 and Q1 2023[21] Cash Inflows - The company generated cash inflows from investment activities of approximately ¥150.78 million, a significant increase from ¥22.99 million in Q1 2023[25] Minority Shareholders - The company reported a significant increase in minority shareholders' profit to approximately ¥2.26 million in Q1 2024, compared to ¥0.88 million in Q1 2023[21]