ZMNY(SH:600163)2024-05-05 07:38Financial Performance - The company's operating revenue for Q1 2024 was ¥465,302,225.71, representing a decrease of 16.07% compared to the same period last year[7] - The net profit attributable to shareholders for Q1 2024 was ¥212,703,632.88, down 22.18% year-on-year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥204,317,024.26, a decline of 23.64% compared to the previous year[7] - Basic earnings per share for Q1 2024 were ¥0.1118, down 22.14% year-on-year[7] - The weighted average return on equity was 3.3449%, a decrease of 1.2924 percentage points compared to the previous year[7] - Net profit for Q1 2024 was CNY 224,294,036.14, down 23.25% from CNY 292,253,300.48 in Q1 2023[30] - Basic earnings per share for Q1 2024 were CNY 0.1118, down from CNY 0.1436 in Q1 2023, a decrease of 22.06%[30] Cash Flow - The net cash flow from operating activities decreased by 35.29% to ¥174,747,486.57, primarily due to reduced electricity sales revenue influenced by weather conditions[10] - In Q1 2024, the net cash flow from operating activities was ¥174,747,486.57, a decrease of 35.2% compared to ¥270,055,826.67 in Q1 2023[36] - The total cash inflow from operating activities was ¥329,589,550.84, down 24.0% from ¥433,964,463.50 in Q1 2023[36] - The company’s cash flow from operating activities showed a significant decline in tax refunds received, totaling ¥7,305,262.81 in Q1 2024 compared to ¥14,309,407.66 in Q1 2023, a drop of 48.9%[36] - The net cash flow from investment activities reached ¥442,092,307.20, a turnaround from a negative cash flow of -¥446,037,374.84 in Q1 2023[38] - The total cash inflow from investment activities was ¥956,728,472.61, significantly up from ¥326,212,419.63 in the same period last year, marking an increase of 193.5%[38] - The cash outflow for investment activities was ¥514,636,165.41, down from ¥772,249,794.47 in the previous year, indicating a reduction of 33.4%[38] - The net cash flow from financing activities was -¥122,899,456.48 in Q1 2024, compared to -¥104,378,708.76 in Q1 2023, showing a decline of 17.8%[38] - The company reported a cash inflow from financing activities of ¥120,000,000.00, down from ¥220,000,000.00 in the same quarter last year, a decrease of 45.5%[38] Assets and Liabilities - The total assets at the end of Q1 2024 were ¥11,630,049,170.74, an increase of 0.92% from the end of the previous year[9] - The total assets of the company amounted to ¥11,630,049,170.74, an increase from ¥11,524,049,083.57, showing a growth of approximately 0.9%[21] - The company's total liabilities decreased to CNY 4,970,979,334.41 from CNY 5,094,370,942.19, a reduction of 2.43%[26] - The total liabilities decreased to RMB 2,216,313,600.40 from RMB 2,321,923,779.65, reflecting a reduction of approximately 4.54%[51] - The company's short-term borrowings remained stable at ¥320,230,847.23, compared to ¥320,236,338.90 in the previous period[21] - The accounts payable decreased to ¥867,405,168.25 from ¥879,945,188.93, indicating a reduction of about 1.4%[21] Shareholder Information - The equity attributable to shareholders increased by 3.48% to ¥6,467,791,882.95 compared to the end of the previous year[9] - The total equity attributable to shareholders increased to CNY 6,467,791,882.95 from CNY 6,250,363,292.22, reflecting a growth of 3.48%[26] - The total number of ordinary shareholders at the end of the reporting period was 53,464[11] - The company reported a total of 4,000,000 shares held by the Southern Transformation Growth Flexible Allocation Mixed Securities Investment Fund, representing 0.21% of total shares[16] Investment and Expenses - Research and development expenses for Q1 2024 were CNY 436,893.21, with no prior year data available for comparison[28] - The company reported a decrease in financial expenses to CNY 25,033,284.82 from CNY 28,085,529.39, a decline of 7.31%[28] - The company's financial expenses rose to RMB 3,187,201.26 from RMB 2,839,071.21, primarily due to increased interest expenses[53] - Investment income for the first quarter of 2024 was RMB 2,138,742.20, a significant increase compared to RMB 191,440.70 in Q1 2023[53] Current and Non-Current Assets - Total current assets reached ¥4,266,148,851.53, up from ¥4,041,121,773.89, reflecting a growth of approximately 5.6%[21] - As of March 31, 2024, the total current assets amounted to RMB 3,369,287,715.88, a decrease of 2.66% from RMB 3,461,183,845.69 as of December 31, 2023[50] - Non-current assets decreased slightly to ¥7,363,900,319.21 from ¥7,482,927,309.68, a decline of about 1.6%[21] - The total assets as of March 31, 2024, were RMB 7,517,322,375.00, down from RMB 7,614,717,382.63 at the end of 2023[51] - The company’s long-term equity investments slightly increased to ¥87,079,021.03 from ¥86,710,279.22, reflecting a growth of about 0.4%[21] - The company's long-term equity investments slightly increased to RMB 2,876,919,861.04 from RMB 2,876,551,119.23[50]