龙元建设(600491) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 2,752,181,526.02, representing a decrease of 16.14% compared to the same period last year[3] - The net profit attributable to shareholders was a loss of CNY 3,676,413.68, with a net profit excluding non-recurring gains and losses of CNY -12,076,012.66[3] - The company's basic and diluted earnings per share were both CNY -0.002, indicating a loss[3] - Net profit for Q1 2024 was ¥7,210,635.08, a decline of 88.1% from ¥60,503,108.88 in Q1 2023[17] - The company reported a loss attributable to shareholders of ¥3,676,413.68 in Q1 2024, compared to a profit of ¥82,576,458.83 in Q1 2023[17] - Earnings per share for Q1 2024 were -¥0.002, down from ¥0.05 in Q1 2023[17] - The company reported a comprehensive income total of ¥17,611,159.50 for Q1 2024, down from ¥61,019,405.83 in Q1 2023[17] Cash Flow - The net cash flow from operating activities increased by 99.67% to CNY 163,931,158.58, primarily due to reduced operational payments[5] - In Q1 2024, the net cash flow from operating activities was RMB 163,931,158.58, an increase of 99.5% compared to RMB 82,103,082.26 in Q1 2023[19] - Total cash inflow from operating activities decreased to RMB 4,122,371,324.35, down 15.3% from RMB 4,868,214,828.01 in the same period last year[19] - Cash outflow from operating activities also decreased to RMB 3,958,440,165.77, a reduction of 17.3% compared to RMB 4,786,111,745.75 in Q1 2023[19] - The net cash flow from investing activities was negative at RMB -21,092,942.93, a significant decline from RMB 267,303,977.69 in Q1 2023[20] - Cash inflow from financing activities totaled RMB 997,056,237.23, down 40.0% from RMB 1,663,479,294.00 in the previous year[20] - The net cash flow from financing activities was negative at RMB -304,587,220.47, an improvement from RMB -540,926,771.18 in Q1 2023[20] - The ending balance of cash and cash equivalents decreased to RMB 1,037,206,889.14, down from RMB 1,275,098,490.21 at the end of Q1 2023[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 57,174,303,017.89, down 1.16% from the end of the previous year[3] - The total liabilities as of Q1 2024 amounted to ¥45,239,446,162.07, a decrease from ¥45,913,363,838.42 in the previous year[14] - The total current assets as of March 31, 2024, stand at RMB 30,382,474,846.05, a decrease from RMB 32,074,119,267.62 at the end of 2023[12] - The company reported a total non-current asset value of RMB 26,791,828,171.84, an increase from RMB 25,769,722,526.91 at the end of 2023[13] - The company’s goodwill increased slightly to RMB 95,697,695.16 from RMB 95,328,285.26, reflecting a growth of approximately 0.39%[13] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 45,898[7] - The largest shareholder, Lai Zhenyuan, holds 16.61% of the shares, with 254,119,182 shares pledged[7] - The top ten shareholders hold significant stakes, with the largest shareholder, Lai Zhenyuan, holding 254,119,182 shares[8] Operational Highlights - The company reported a significant increase in inventory by 69.88%, attributed to an increase in stock materials[5] - As of the end of Q1 2024, the company has secured new business contracts amounting to RMB 781 million, with individual contracts exceeding RMB 200 million disclosed through interim announcements[10] - Cash received from sales of goods and services was RMB 3,638,941,781.48, a decrease of 12.4% compared to RMB 4,153,192,179.08 in Q1 2023[19] - Payments for goods and services amounted to RMB 3,056,432,473.67, down 23.1% from RMB 3,974,884,342.06 in the same quarter last year[19] - The company reported a cash inflow of RMB 483,429,542.87 from other operating activities, a decrease of 32.4% compared to RMB 715,022,648.93 in Q1 2023[19] Other Information - The company has not disclosed any significant litigation or arbitration matters pending as of the report date[10] - The company has not engaged in any share lending or borrowing activities related to margin trading during the reporting period[8] - The company's financial expenses in Q1 2024 were ¥347,462,811.69, down from ¥388,398,286.14 in Q1 2023[16] - Investment income for Q1 2024 was ¥24,393,618.59, compared to a loss of ¥10,794,486.98 in Q1 2023[16]