Financial Performance - Operating revenue for Q1 2024 was CNY 1,713,687,914.24, a decrease of 0.71% compared to the same period last year[2]. - Net profit attributable to shareholders was CNY 433,950,677.22, an increase of 3.84% year-on-year[2]. - The net profit after deducting non-recurring gains and losses was CNY 431,981,392.42, reflecting a growth of 10.22%[2]. - Total operating revenue for Q1 2024 was RMB 1,713,687,914.24, a slight decrease of 0.2% compared to RMB 1,726,009,525.03 in Q1 2023[16]. - Net profit for Q1 2024 increased to RMB 444,319,257.60, up 2.0% from RMB 434,600,442.67 in Q1 2023[18]. - The company's net profit for Q1 2024 was CNY 378,929,329.19, compared to CNY 390,194,416.49 in Q1 2023, reflecting a decrease of approximately 2.7%[32]. - Total profit for Q1 2024 was approximately ¥378.84 million, a decrease of 2.1% from ¥389.66 million in Q1 2023[33]. - Net profit for Q1 2024 was approximately ¥301.78 million, down 2.2% from ¥308.53 million in Q1 2023[33]. - Total comprehensive income for Q1 2024 was approximately ¥313.59 million, a decrease of 12.6% from ¥358.61 million in Q1 2023[33]. Cash Flow - Cash flow from operating activities amounted to CNY 725,460,808.36, with basic earnings per share at CNY 0.08, up 14.29%[2]. - Cash flow from operating activities for Q1 2024 was RMB 1,047,858,309.95, compared to RMB 1,057,831,444.44 in Q1 2023, indicating a decrease of 0.9%[23]. - Cash flow from investing activities generated a net inflow of RMB 433,616,887.16 in Q1 2024, slightly down from RMB 442,050,486.27 in Q1 2023[24]. - Cash flow from financing activities showed an inflow of RMB 200,000,000.00 in Q1 2024, with cash outflows for debt repayment totaling RMB 204,425,000.00[25]. - The net increase in cash and cash equivalents for Q1 2024 was approximately ¥1.00 billion, compared to ¥873.91 million in Q1 2023[36]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 28,424,068,177.33, an increase of 1.42% from the end of the previous year[2]. - As of March 31, 2024, total current assets amounted to RMB 4,009,374,074.87, an increase of 14.03% from RMB 3,517,035,038.25 as of December 31, 2023[11]. - The total non-current assets decreased slightly to RMB 24,414,694,102.46 from RMB 24,509,071,921.52, reflecting a decrease of 0.39%[12]. - Total liabilities as of March 31, 2024, were RMB 8,583,195,305.09, a decrease of 0.81% from RMB 8,653,998,785.00 at the end of 2023[14]. - The company's total equity increased to RMB 19,840,872,872.24 from RMB 19,372,108,174.77, representing a growth of 2.42%[15]. - The total liabilities as of March 31, 2024, were CNY 1,950,317,911.84, an increase from CNY 1,870,353,901.04 at the end of 2023[30]. Research and Development - The company's R&D expenses increased by 77.31%, indicating a stronger focus on innovation[4]. - Research and development expenses rose significantly by 77.1% to RMB 21,117,963.35 in Q1 2024 from RMB 11,909,977.27 in Q1 2023[17]. - Research and development expenses increased to CNY 17,397,172.99 in Q1 2024, up from CNY 9,987,403.32 in Q1 2023, indicating a focus on innovation[32]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 61,368[6]. - The largest shareholder, Hebei Port Group Co., Ltd., holds 56.27% of the shares[7]. Other Comprehensive Income - Other comprehensive income after tax decreased to RMB 11,821,552.35 in Q1 2024 from RMB 49,152,160.75 in Q1 2023, a decline of 76.0%[19]. - Other comprehensive income after tax for Q1 2024 was approximately ¥11.81 million, significantly lower than ¥50.08 million in Q1 2023[33]. - The company's other comprehensive income rose to CNY 620,116,457.69 as of March 31, 2024, compared to CNY 608,311,377.19 at the end of 2023[31]. Inventory and Receivables - Accounts receivable rose by 98.00%, primarily due to increased throughput at a subsidiary[4]. - Accounts receivable increased significantly to RMB 134,277,110.31, a rise of 97.66% compared to RMB 67,817,955.73[11]. - Inventory levels were reported at RMB 150,126,083.70, showing a slight increase of 2.65% from RMB 145,739,815.70[11].
秦港股份(03369) - 2024 Q1 - 季度业绩