CDGAS(SH:603053)2024-04-29 09:41Financial Performance - The company's operating revenue for Q1 2024 was CNY 1,693,751,318.04, representing an increase of 8.67% compared to the same period last year[5]. - The net profit attributable to shareholders for Q1 2024 was CNY 195,805,473.91, reflecting a growth of 2.49% year-over-year[5]. - The basic earnings per share for Q1 2024 was CNY 0.22, which is a 2.49% increase from the previous year[5]. - The net profit for Q1 2024 was CNY 198,822,235.55, an increase of 1.4% compared to CNY 195,130,573.41 in Q1 2023[25]. - The total comprehensive income attributable to the parent company was CNY 195,805,473.91, up from CNY 191,047,368.03 in the previous year, indicating a growth of 2.96%[25]. - The company's revenue for Q1 2024 reached ¥1,540,847,066.20, an increase of 8.7% compared to ¥1,417,204,404.27 in Q1 2023[35]. - Net profit for Q1 2024 was ¥191,156,224.32, compared to ¥184,514,367.94 in Q1 2023, reflecting a growth of 3.6%[36]. Cash Flow - The net cash flow from operating activities decreased significantly by 69.87%, amounting to CNY 58,731,779.96, primarily due to an increase in bank bill payments compared to the same period last year[10]. - The net cash flow from operating activities decreased significantly to CNY 58,731,779.96, down 69.93% from CNY 194,900,247.79 in Q1 2023[28]. - The company's cash flow from operating activities for Q1 2024 was ¥81,984,149.77, down from ¥195,836,212.18 in Q1 2023[39]. - The net cash flow from financing activities was -$510.82 million, compared to -$871.08 million in the previous period[40]. - The net increase in cash and cash equivalents was $205.77 million, contrasting with a decrease of $37.14 million in the prior period[40]. - Cash and cash equivalents as of March 31, 2024, amounted to CNY 2,602,793,303.93, an increase from CNY 2,505,338,961.92 at the end of 2023[18]. - The ending balance of cash and cash equivalents reached $449.63 million, up from $210.24 million in the previous year[40]. Assets and Liabilities - The total assets at the end of Q1 2024 were CNY 8,062,600,120.02, showing a slight decrease of 0.56% from the end of the previous year[6]. - The total assets as of March 31, 2024, were CNY 8,062,600,120.02, a decrease from CNY 8,108,124,235.67 at the end of 2023[19]. - The total liabilities decreased to CNY 3,149,379,412.90 as of March 31, 2024, from CNY 3,406,783,905.34 at the end of 2023, representing a reduction of 7.5%[20]. - The total assets as of the end of Q1 2024 were ¥7,268,232,466.76, a decrease from ¥7,308,659,599.80 at the end of Q1 2023[34]. - Total liabilities decreased to ¥2,854,648,646.61 in Q1 2024 from ¥3,095,562,300.06 in Q1 2023[34]. - The company’s non-current assets totaled CNY 4,574,964,172.43 as of March 31, 2024, down from CNY 4,609,928,620.75 at the end of 2023[19]. - The company’s equity attributable to shareholders increased to CNY 4,639,529,159.13 as of March 31, 2024, from CNY 4,431,986,469.98 at the end of 2023[20]. - The total equity increased to ¥4,413,583,820.15 in Q1 2024 from ¥4,213,097,299.74 in Q1 2023[34]. Operating Costs and Profit - The total operating costs for Q1 2024 were CNY 1,491,728,512.44, up from CNY 1,344,476,598.78 in Q1 2023, reflecting a year-over-year increase of 10.9%[24]. - The operating profit for Q1 2024 was CNY 228,438,198.53, slightly down from CNY 228,768,410.40 in Q1 2023, indicating a decrease of 0.1%[24]. - Operating profit for Q1 2024 was ¥217,632,804.98, slightly up from ¥215,574,416.92 in the same period last year[36]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,461[12]. - The largest shareholder, Chengdu Urban Construction Investment Management Group Co., Ltd., held 36.90% of the shares, totaling 328,000,000 shares[13]. Other Information - The company did not report any new product developments or market expansion strategies during this quarter[1]. - The company reported non-recurring gains of CNY 4,343,611.49 for the period, after accounting for tax and minority interests[9]. - The company reported a credit impairment loss of CNY 5,239,076.19 in Q1 2024, compared to a reversal of CNY 778,060.81 in Q1 2023[24]. - The company reported a decrease in research and development expenses to ¥299,508.64 in Q1 2024 from ¥3,385,514.99 in Q1 2023[35]. - The company’s financial expenses improved, with a net financial expense of -¥18,722,519.89 in Q1 2024 compared to -¥11,802,053.51 in Q1 2023[35].