浦东建设(600284) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 reached CNY 6,011,036,507.87, representing a 45.43% increase compared to CNY 4,133,248,808.46 in the same period last year[5] - Net profit attributable to shareholders was CNY 146,399,930.86, up 20.58% from CNY 121,408,289.57 year-on-year[5] - Basic and diluted earnings per share increased to CNY 0.1509, reflecting a growth of 20.62% from CNY 0.1251 in the previous year[6] - Total operating revenue for Q1 2024 reached ¥6,011,036,507.87, a significant increase of 45.4% compared to ¥4,133,248,808.46 in Q1 2023[27] - Net profit for Q1 2024 was ¥148,079,808.08, representing a 20.3% increase from ¥123,133,763.97 in Q1 2023[28] - Total comprehensive income for Q1 2024 reached ¥148,079,808.08, up from ¥123,133,763.97 in Q1 2023, representing a growth of approximately 20.2%[29] Assets and Liabilities - The total assets at the end of the reporting period were CNY 29,009,057,759.02, a decrease of 2.32% from CNY 29,698,843,667.59 at the end of the previous year[6] - The company's total assets decreased to ¥29,009,057,759.02 in Q1 2024 from ¥29,698,843,667.59 in Q1 2023, a decline of 2.3%[25] - Total liabilities decreased to ¥21,246,601,685.32 in Q1 2024 from ¥22,084,467,401.97 in Q1 2023, a reduction of 3.8%[24] - The total liabilities rose to CNY 7,589,089,359.34 in Q1 2024, up from CNY 6,167,867,315.82 in Q1 2023, which is an increase of approximately 23%[36] Cash Flow - The company reported a net cash flow from operating activities of CNY -994,620,886.01, an improvement from CNY -1,913,005,203.85 in the same period last year[6] - Cash inflow from operating activities totaled ¥5,947,518,770.57 in Q1 2024, compared to ¥3,929,954,332.89 in Q1 2023, marking an increase of approximately 51.4%[32] - The company's cash flow from operating activities for Q1 2024 showed a significant improvement, although specific figures were not provided in the extracted data[42] - The net cash flow from operating activities was negative at ¥994,620,886.01, an improvement from a negative ¥1,720,212,600.93 in Q1 2023[32] - Total cash inflow from investment activities in Q1 2024 was $2.43 billion, slightly down from $2.53 billion in Q1 2023[44] - The net cash flow from investment activities was -$657.08 million in Q1 2024, improving from -$1.24 billion in Q1 2023[44] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 60,007[14] - The top shareholder, Shanghai Pudong Development (Group) Co., Ltd., holds 318,002,033 shares, representing a significant portion of the company's equity[15] Legal and Strategic Developments - The company is currently involved in a legal dispute where it may be required to return RMB 1,179,206,650.31 to Shanghai Maglin Enterprise Management Co., Ltd., which could impact future profits[19] - The company is preparing for a legal defense regarding the aforementioned lawsuit, indicating potential strategic adjustments in response to legal challenges[19] - The company has not disclosed any plans for market expansion or mergers and acquisitions in the current report[19] Operational Costs and Expenses - Total operating costs for Q1 2024 were ¥5,905,870,461.79, up 46.1% from ¥4,040,507,678.86 in Q1 2023[27] - Research and development expenses increased to ¥203,976,085.71 in Q1 2024, compared to ¥90,075,881.74 in Q1 2023, reflecting a growth of 126.5%[27] - The company's management expenses increased to CNY 14,475,523.75 in Q1 2024 from CNY 9,574,694.28 in Q1 2023, representing an increase of approximately 51%[39] Government Subsidies - The company received government subsidies amounting to CNY 690,804.88, which are closely related to its normal business operations[10] Other Financial Metrics - The company's investment income for Q1 2024 was CNY 34,070,037.05, down from CNY 49,525,194.61 in Q1 2023, indicating a decrease of approximately 31%[39] - The company's trading financial assets decreased to RMB 2,846,586,514.41 from RMB 4,389,604,650.46, indicating a decline of about 35.1%[22] - Accounts receivable as of March 31, 2024, were RMB 2,396,900,934.59, down from RMB 2,704,354,717.79, reflecting a decrease of approximately 11.3%[22]