铁建重工(688425) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was RMB 239,508.79 million, representing a year-on-year increase of 1.25%[4] - The net profit attributable to shareholders of the listed company was RMB 36,874.85 million, showing a decrease of 11.45% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 31,654.02 million, down 17.64% year-on-year[4] - The net cash flow from operating activities was RMB 19,857.06 million, a slight decrease of 1.22% compared to the previous year[4] - Total operating revenue for Q1 2024 was CNY 2,395,087,859.57, an increase of 1.3% compared to CNY 2,365,451,365.76 in Q1 2023[20] - Net profit for Q1 2024 was CNY 368,768,919.56, a decrease of 11.5% from CNY 416,669,220.63 in Q1 2023[21] - Total comprehensive income for Q1 2024 was CNY 368,025,336.75, compared to CNY 420,639,923.18 in Q1 2023[22] Assets and Liabilities - The total assets at the end of the reporting period were RMB 2,735,991.14 million, an increase of 7.54% from the end of the previous year[5] - As of March 31, 2024, the company's total assets reached approximately ¥27.36 billion, an increase from ¥25.44 billion as of December 31, 2023, representing a growth of about 7.1%[16] - Total liabilities as of Q1 2024 amounted to CNY 10,437,086,288.36, an increase from CNY 8,886,193,394.74 in the previous year[19] - The total liabilities increased to ¥17.03 billion from ¥14.90 billion, representing a growth of about 14.3%[17] Cash Flow - The company's cash and cash equivalents amounted to ¥2.16 billion, significantly up from ¥1.09 billion at the end of 2023, indicating a growth of approximately 99.3%[16] - In Q1 2024, the net cash flow from operating activities was CNY 198,570,552.87, a decrease of 1.2% compared to CNY 201,030,938.00 in Q1 2023[24] - Total cash inflow from operating activities was CNY 2,383,938,520.62, up 1.5% from CNY 2,348,056,261.72 in the same period last year[24] - Cash outflow from operating activities totaled CNY 2,185,367,967.75, an increase of 1.8% compared to CNY 2,147,025,323.72 in Q1 2023[24] - The ending balance of cash and cash equivalents was CNY 2,120,905,644.53, down 35.2% from CNY 3,277,109,176.00 at the end of Q1 2023[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 69,859[9] - The largest shareholder, China Railway Construction Corporation, held 71.93% of the shares[9] - Total equity attributable to shareholders was CNY 16,901,291,169.46, up from CNY 16,533,286,278.24 in Q1 2023[19] Research and Development - The company's R&D investment totaled RMB 23,806.21 million, accounting for 9.94% of operating revenue, which is an increase of 0.1 percentage points[5] - Research and development expenses for Q1 2024 were CNY 238,062,071.34, slightly higher than CNY 232,699,827.59 in Q1 2023[20] Operational Costs - Total operating costs for Q1 2024 were CNY 2,092,944,742.70, up from CNY 1,992,731,854.13 in Q1 2023, reflecting a year-over-year increase of 5.5%[20] Employee Compensation - Employee compensation payments increased to CNY 439,950,762.22, up 33.2% from CNY 330,139,720.83 in Q1 2023[23] Future Plans - The company plans to continue expanding its market presence and investing in new technologies and products in the upcoming quarters[25]