2024-04-29 08:46Revenue and Profit - Revenue for Q1 2024 reached ¥11,773,145,944.65, an increase of 12.93% compared to ¥10,425,507,345.20 in the same period last year[4] - Net profit attributable to shareholders was ¥915,819,266.53, reflecting a growth of 13.06% from ¥810,064,655.82 year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥777,492,556.78, up 19.45% from ¥650,914,784.87 in the previous year[4] - Operating profit for Q1 2024 was CNY 1,169,999,504.05, compared to CNY 932,750,887.64 in the previous year, indicating a growth of 25.43%[15] - Net profit for the period was CNY 1,176,640,141.18, an increase from CNY 944,446,174.77 year-over-year[15] - The net profit for the current period is approximately CNY 1.02 billion, an increase from CNY 858.75 million in the previous period, representing a growth of about 18.9%[17] Cash Flow and Liquidity - Cash flow from operating activities amounted to ¥307,030,468.77, a 7.36% increase from ¥285,973,243.10 in the same period last year[4] - Cash inflow from operating activities is CNY 11.70 billion, down from CNY 14.58 billion year-over-year, reflecting a decline of about 19.7%[18] - The net cash flow from operating activities is CNY 307.03 million, slightly up from CNY 285.97 million in the previous period, showing an increase of approximately 7.5%[18] - Cash outflow from investing activities totaled CNY 1.31 billion, a decrease from CNY 3.71 billion in the previous period, indicating a reduction of about 64.8%[19] - The net cash flow from financing activities is negative at CNY -1.37 billion, compared to a positive CNY 137.13 million in the previous period, representing a significant decline[19] - The ending cash and cash equivalents balance is CNY 11.55 billion, down from CNY 13.00 billion in the previous period, reflecting a decrease of approximately 11.2%[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥132,991,760,629.60, a 1.63% increase from ¥130,862,389,408.99 at the end of the previous year[4] - Total liabilities as of Q1 2024 were CNY 72,945,330,233.31, compared to CNY 71,695,112,198.09 in the previous year, reflecting an increase of 1.75%[14] - Non-current liabilities increased to CNY 23,440,162,354.75 from CNY 21,698,694,502.11, marking an increase of 8.03%[14] - The company's total equity reached CNY 60,046,430,396.29, up from CNY 59,167,277,210.90, representing a growth of 1.48%[14] Shareholder Information - Shareholders' equity attributable to shareholders was ¥57,199,305,880.98, up 1.40% from ¥56,407,020,348.19 at the end of the previous year[4] - The company reported a total of 1,578,236,281 shares held by HKSCC NOMINEES LIMITED, representing a significant portion of the shareholding structure[10] - The total amount of equity-settled share payment expenses for the period was CNY 216.46 million[11] Expenses and Costs - Total operating costs amounted to CNY 10,583,718,135.84, up from CNY 9,582,147,601.15, reflecting a year-over-year increase of 10.45%[15] - Research and development expenses were CNY 665,436,138.10, slightly up from CNY 645,455,754.47, showing a year-over-year increase of 3.03%[15] Tax and Government Subsidies - The company reported a tax expense of CNY 156.16 million, compared to CNY 85.70 million in the previous period, indicating an increase of approximately 82.5%[17] - The cash inflow from tax refunds was CNY 1.27 billion, significantly higher than CNY 481.54 million in the previous period, representing an increase of about 164.5%[18] - Non-recurring gains and losses totaled ¥138,326,709.75 for the period, with government subsidies contributing ¥174,001,008.14[6] Future Outlook - Future outlook includes continued focus on market expansion and new product development, although specific figures were not disclosed in the report[16]