SDHT(SH:600308)2024-04-29 09:15Financial Performance - The company's operating revenue for Q1 2024 was CNY 3,433,978,275.34, representing a decrease of 2.77% compared to the same period last year[5]. - Net profit attributable to shareholders was CNY 112,981,232.70, an increase of 5.82% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 115,443,841.16, up 16.36% from the previous year[5]. - The net profit for Q1 2024 was CNY 112,876,830.66, an increase from CNY 94,829,795.07 in Q1 2023, representing a growth of approximately 19.5%[22]. - Operating profit for Q1 2024 was CNY 150,030,507.69, slightly down from CNY 153,771,258.69 in the same period last year, indicating a decrease of about 1.8%[22]. - The total comprehensive income attributable to the parent company's owners for Q1 2024 was CNY 112,981,232.70, compared to CNY 106,766,186.94 in Q1 2023, reflecting an increase of about 5.5%[23]. Cash Flow - The net cash flow from operating activities increased by 50.23% to CNY 293,446,130.17, mainly due to a reduction in payments for goods and taxes[5][8]. - Cash flow from operating activities for Q1 2024 was CNY 293,446,130.17, up from CNY 195,333,183.46 in Q1 2023, reflecting an increase of approximately 50.3%[25]. - The company's cash flow from operating activities showed a net increase of ¥158,637,567.18 in Q1 2024[26]. - Total cash inflow from operating activities reached CNY 2,068,679,764.20, compared to CNY 1,762,217,827.99 in the same period last year, marking an increase of 17.3%[33]. - Cash inflow from financing activities totaled CNY 692,100,620.22, down from CNY 923,506,152.73 in Q1 2023, reflecting a decrease of 25.0%[34]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 15,537,997,086.06, reflecting a 1.95% increase from the end of the previous year[6]. - Total assets as of March 31, 2024, amounted to CNY 15,537,997,086.06, compared to CNY 15,241,397,025.57 at the end of 2023, indicating growth of 1.9%[18]. - Total liabilities increased to CNY 6,166,999,472.93 as of March 31, 2024, from CNY 5,938,965,157.05 at the end of 2023, reflecting a rise of 3.9%[18]. - The company's total liabilities increased to ¥5,716,951,620.63 in Q1 2024 from ¥5,451,693,655.19 in Q1 2023[27]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 53,890[10]. - The largest shareholder, Huatai Group Co., Ltd., held 38.41% of the shares, totaling 582,617,423 shares[10]. - The company plans to repurchase shares with a total amount not less than CNY 60 million and not exceeding CNY 120 million, at a price not exceeding CNY 4.80 per share[12]. - As of March 31, 2024, the company had repurchased a total of 13,063,568 shares, accounting for 0.86% of the total share capital, with a total payment of CNY 44,698,495.50[13]. Research and Development - Research and development expenses increased to CNY 72,842,474.46 in Q1 2024, up from CNY 62,116,392.62 in Q1 2023, reflecting a growth of 17.5%[21]. - Research and development expenses for Q1 2024 were ¥55,308,046.71, an increase of 23.0% compared to ¥44,961,172.02 in Q1 2023[29]. Inventory and Investments - Inventory as of March 31, 2024, was CNY 1,604,916,316.68, down from CNY 1,661,299,843.01 at the end of 2023, a decrease of 3.4%[16]. - Long-term equity investments decreased slightly to CNY 506,899,679.11 from CNY 516,656,728.42[17]. - The long-term equity investments increased to ¥2,415,767,840.28 as of March 31, 2024, compared to ¥2,393,380,362.67 at the end of 2023[27].