龙建股份(600853) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 1,896,323,896.66, representing a year-on-year increase of 0.20%[5] - The net profit attributable to shareholders was CNY 6,536,286.07, showing a significant increase of 29.82% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 2,880,662.63, up by 9.99% year-on-year[5] - The basic earnings per share for the period was CNY 0.0064, reflecting an increase of 28.00%[5] - Net profit for Q1 2024 was CNY 7,444,799.17, down from CNY 10,213,091.21 in Q1 2023, reflecting a decrease of 27.3%[23] - The company's operating profit for Q1 2024 was CNY 12,484,424.36, slightly up from CNY 12,480,225.71 in Q1 2023[23] - The company's total comprehensive income for Q1 2024 was ¥9,476,047.49, reflecting a decrease from ¥9,908,236.72 in Q1 2023[32] Assets and Liabilities - The total assets at the end of the reporting period were CNY 34,655,436,163.78, a decrease of 5.11% from the end of the previous year[6] - The total assets as of Q1 2024 amounted to CNY 34,655,436,163.78, a decrease from CNY 36,520,117,620.84 in the previous year[19] - Total liabilities for Q1 2024 were CNY 29,136,000,035.65, down from CNY 30,655,100,545.44 in Q1 2023[19] - The total assets as of March 31, 2024, were CNY 19,006,342,965.61, a slight decrease from CNY 19,254,689,107.26 at the end of 2023[28] - Total liabilities decreased to CNY 17,386,690,643.56 from CNY 17,647,114,113.61 at the end of 2023, indicating improved financial stability[28] Cash Flow - The company's cash flow from operating activities was negative at CNY -774,493,548.87, which is not applicable for year-on-year comparison[5] - Cash inflow from operating activities totaled CNY 2,948,409,735.80 in Q1 2024, compared to CNY 2,778,316,392.55 in Q1 2023, reflecting a growth of 6.1%[24] - Net cash outflow from operating activities was CNY -774,493,548.87, an improvement from CNY -2,492,021,306.03 in the same period last year[24] - Cash outflow from investment activities was CNY 519,344,017.08, significantly higher than CNY 19,881,773.67 in Q1 2023, indicating increased investment efforts[25] - Net cash flow from financing activities was CNY 615,268,591.79, up from CNY 191,108,830.76 in Q1 2023, showing a positive trend in financing[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 66,259[11] - The largest shareholder, Heilongjiang Construction Investment Group, holds 446,690,030 shares, representing 44.0% of total shares[11] Operational Costs and Expenses - Total operating costs for Q1 2024 were CNY 1,895,734,914.92, compared to CNY 1,877,084,754.04 in Q1 2023, indicating an increase of 1.0%[22] - The company incurred a total operating cost of ¥654,890,053.06, which was lower than ¥931,311,452.29 in Q1 2023, indicating improved cost management[31] - Research and development expenses for Q1 2024 were CNY 7,354,406.94, a decrease from CNY 8,380,485.72 in Q1 2023, indicating a reduction of 12.2%[22] - The company’s R&D expenses were ¥4,305,897.03, slightly down from ¥4,620,915.92 in the previous year, suggesting a focus on efficiency[31] - The company reported a tax expense of CNY 4,361,152.82 for Q1 2024, compared to CNY 2,753,048.76 in Q1 2023, an increase of 58.3%[23] Investments and Achievements - The company received investment repayments of approximately ¥150.14 million from the Mongolian project in 2023 and ¥51.21 million in April 2024[14] - The company won the 2022-2023 China Construction Engineering Luban Award for its project in Gambia, marking a significant achievement in overseas engineering[13] - The "Smart Construction Site Comprehensive Command Cloud Platform" won the second prize of the 2023 China Transportation Association Science and Technology Award[13] - The company’s innovative projects were recognized in the 2023 list of excellent practices for green and low-carbon development[13] Other Financial Metrics - As of March 31, 2024, cash and cash equivalents amount to approximately ¥3.49 billion, down from ¥4.23 billion at the end of 2023, a decrease of about 17.5%[17] - Accounts receivable decreased to ¥7.77 billion from ¥9.37 billion, a decline of approximately 17.0%[17] - The total current assets as of March 31, 2024, are approximately ¥18.82 billion, down from ¥20.46 billion at the end of 2023, a decrease of about 8.0%[17] - Cash and cash equivalents at the end of Q1 2024 were CNY 3,232,241,026.05, down from CNY 3,667,327,557.57 in Q1 2023[25] - Accounts receivable decreased to CNY 3,667,563,873.87 from CNY 4,328,479,102.77, reflecting improved collection efforts[27] - Inventory increased to CNY 566,725,207.65 from CNY 463,051,428.28, indicating potential growth in production or sales[27]