HNA Technology(SH:600751)2024-04-29 10:31Financial Performance - The company's operating revenue for Q1 2024 reached ¥295,187,980.86, representing a significant increase of 314.74% compared to the same period last year[3]. - Net profit attributable to shareholders was ¥55,582,138.47, marking a year-on-year increase of 180.45%[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥50,532,668.33, up by 154.97% year-on-year[3]. - Basic and diluted earnings per share were both ¥0.0192, reflecting a 180.45% increase compared to the previous year[3]. - Total operating revenue for Q1 2024 reached ¥295,187,980.86, a significant increase from ¥71,173,562.10 in Q1 2023, representing a growth of approximately 315.5%[20]. - Net profit for Q1 2024 was ¥55,577,396.56, compared to ¥19,818,559.27 in Q1 2023, indicating an increase of about 180.0%[21]. - Basic and diluted earnings per share for Q1 2024 were both ¥0.0192, up from ¥0.0068 in Q1 2023, reflecting an increase of approximately 182.4%[22]. - The company reported a total comprehensive income of ¥57,728,299.53 for Q1 2024, compared to ¥4,786,162.94 in Q1 2023, representing a substantial increase of approximately 1105.5%[21]. Assets and Liabilities - Total assets at the end of the reporting period were ¥9,021,038,927.64, a 2.11% increase from the end of the previous year[3]. - The total assets as of March 31, 2024, amounted to ¥9,021,038,927.64, an increase from ¥8,834,796,366.07 as of December 31, 2023, reflecting a growth of approximately 2.1%[15]. - The total current liabilities increased to ¥1,144,901,625.43 from ¥1,022,517,484.41, representing a rise of about 11.9%[17]. - The total non-current liabilities slightly increased to ¥467,640,943.46 from ¥461,510,822.44, showing a growth of approximately 1.3%[17]. - The total liabilities increased to ¥1,612,542,568.89 from ¥1,484,028,306.85, representing a rise of approximately 8.7%[17]. - The total equity remained stable at ¥2,899,337,783.00, unchanged from the previous period[17]. - The company’s total equity attributable to shareholders was ¥7,406,719,595.07 in Q1 2024, compared to ¥7,348,986,553.63 in Q1 2023, indicating a slight increase of about 0.8%[18]. Cash Flow - The company reported a net cash flow from operating activities of -¥7,148,954.87, which is not applicable for year-on-year comparison[3]. - The company reported a net cash outflow from operating activities of ¥7,148,954.87 in Q1 2024, an improvement compared to a net outflow of ¥135,394,894.21 in Q1 2023[22]. - The net cash flow from investment activities was -323,632,651.41, indicating a significant outflow compared to the previous period[23]. - The net cash flow from financing activities was -30,205,696.14, reflecting a decrease in cash from financing operations[23]. - The cash and cash equivalents at the end of the period totaled 3,581,070,373.88, down from 3,941,138,648.74 at the beginning of the period[23]. - The total cash and cash equivalents decreased by 360,068,274.86 during the quarter, highlighting liquidity challenges[23]. - The cash flow from operating activities was not detailed, but the overall cash position indicates a need for strategic financial management[23]. Investments and Other Income - Investment income for Q1 2024 was ¥33,342,511.12, up from ¥21,288,905.73 in Q1 2023, marking a growth of approximately 56.6%[21]. - Total operating costs for Q1 2024 were ¥275,295,692.69, compared to ¥72,302,099.90 in Q1 2023, reflecting an increase of about 281.5%[20]. - Other comprehensive income after tax for Q1 2024 was ¥2,150,902.97, a recovery from a loss of ¥15,032,396.33 in Q1 2023[21]. Shareholder Information - The company had a total of 98,229 common shareholders at the end of the reporting period[8]. Management and Accounting - The company’s financial management team is led by Zhu Yong, with key accounting responsibilities held by Yan Xun and Chen Wen[23]. - The company is not applying new accounting standards for the current reporting period, which may affect future financial reporting[23].