吉祥航空(603885) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 5,719,329,813.85, representing a year-on-year increase of 28.77%[4] - The net profit attributable to shareholders of the listed company reached CNY 370,924,080.18, a significant increase of 124.61% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 372,686,913.65, reflecting a 130.96% increase year-on-year[4] - The basic earnings per share (EPS) was CNY 0.17, up 142.86% from the previous year[4] - The weighted average return on equity (ROE) increased by 2.66 percentage points to 4.41%[4] - Total operating revenue for Q1 2024 reached ¥5,719,329,813.85, a 28.8% increase from ¥4,441,651,753.63 in Q1 2023[20] - Net profit attributable to shareholders for Q1 2024 was ¥370,924,080.18, compared to ¥165,140,301.82 in Q1 2023, representing a significant increase[21] - Basic earnings per share for Q1 2024 was ¥0.17, up from ¥0.07 in Q1 2023[21] - The company reported a comprehensive income total of ¥20,338,074.38 for Q1 2024, compared to a loss of ¥184,899,688.43 in Q1 2023[21] Cash Flow and Liquidity - The net cash flow from operating activities was CNY 1,208,352,518.95, showing a slight decrease of 1.91% compared to the previous year[4] - Cash flow from operating activities for Q1 2024 was ¥6,205,774,829.03, compared to ¥5,087,963,354.95 in Q1 2023, indicating strong cash generation[22] - Operating cash inflow totaled ¥6,563,122,702.18, an increase from ¥5,571,492,758.90 in the previous year, reflecting a growth of approximately 17.8%[23] - Operating cash outflow amounted to ¥5,354,770,183.23, compared to ¥4,339,550,822.81 last year, representing an increase of about 23.4%[23] - The ending balance of cash and cash equivalents was ¥1,053,152,024.33, down from ¥1,600,529,670.95 in the previous year[24] - The company reported a decrease in cash and cash equivalents by ¥308,482,525.10 compared to an increase of ¥436,645,796.59 in the prior year[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 44,893,295,308.98, a marginal increase of 0.07% from the end of the previous year[5] - The equity attributable to shareholders of the listed company was CNY 8,300,738,487.86, down 1.22% from the previous year[5] - The total liabilities increased to RMB 17,951,227,829.05 from RMB 16,883,726,483.76, indicating a rise of about 6.3%[17] - Total liabilities as of Q1 2024 were ¥36,604,817,039.38, slightly up from ¥36,470,658,842.36 in the previous year[20] - Non-current assets totaled RMB 41,090,100,394.40, slightly up from RMB 40,986,592,184.99[17] Shareholder Activities - The company repurchased a total of 10,070,000 shares, accounting for 0.46% of the total share capital, with a total expenditure of RMB 128,485,182.39[13] - The highest repurchase price was RMB 13.34 per share, while the lowest was RMB 11.83 per share[13] - The company plans to use the repurchased shares for employee stock ownership plans or equity incentives[13] Expenses and Investments - Total operating costs for Q1 2024 were ¥5,414,221,527.18, up 23.2% from ¥4,396,832,836.15 in Q1 2023[20] - Research and development expenses for Q1 2024 totaled ¥13,284,825.05, an increase from ¥10,928,758.13 in Q1 2023, reflecting ongoing investment in innovation[20] - The company’s financial expenses for Q1 2024 were ¥355,335,205.50, an increase from ¥218,099,117.18 in Q1 2023, indicating higher borrowing costs[20] Other Financial Metrics - The company reported non-recurring gains and losses totaling CNY 2,151,968.66 during the period[6] - The company reported a decrease in short-term borrowings to RMB 9,756,482,291.52 from RMB 9,467,755,445.58, a reduction of approximately 3.1%[17] - Cash flow from investing activities showed a net outflow of ¥1,062,750,312.90, worsening from a net outflow of ¥652,087,062.26 in the previous year[23] - Cash inflow from financing activities was ¥5,587,353,250.91, up from ¥4,446,435,819.90, indicating a growth of approximately 25.6%[24] - Cash outflow from financing activities increased to ¥6,038,734,166.08 from ¥4,566,341,515.60, marking a rise of about 32.3%[24] - The net cash flow from financing activities was negative at -¥451,380,915.17, compared to -¥119,905,695.70 last year[24] - The company did not apply new accounting standards or interpretations for the first time in 2024[24]