CGWS(SZ:002939)2024-04-29 11:36Financial Performance - Total operating revenue for Q1 2024 was ¥905,601,837.50, a decrease of 19.12% compared to ¥1,119,714,283.09 in the same period last year[3]. - Net profit attributable to shareholders was ¥352,803,504.74, down 21.73% from ¥450,777,544.23 year-on-year[3]. - Basic and diluted earnings per share were both ¥0.09, reflecting an 18.18% decline from ¥0.11 in the same period last year[3]. - Net profit for Q1 2024 was CNY 356.07 million, down 21.8% from CNY 455.73 million in Q1 2023[23]. - The total operating expenses for Q1 2024 were CNY 518.27 million, down 13.8% from CNY 601.57 million in Q1 2023[22]. Cash Flow and Liquidity - Net cash flow from operating activities surged to ¥4,745,653,437.00, an increase of 2,899.64% compared to ¥158,207,266.69 in the previous year[3]. - The company's cash and cash equivalents stood at approximately 18.57 billion yuan, up from 17.56 billion yuan at the end of 2023, reflecting a growth of about 5.8%[19]. - Total cash inflow from operating activities was CNY 7.65 billion in Q1 2024, a decrease of 30.8% from CNY 10.94 billion in Q1 2023[24]. - Net cash flow from operating activities was CNY 4.75 billion in Q1 2024, compared to CNY 158.21 million in Q1 2023, indicating a substantial improvement[24]. - Cash flow from financing activities showed a net outflow of CNY 3.43 billion in Q1 2024, contrasting with a net inflow of CNY 2.66 billion in Q1 2023[25]. Assets and Liabilities - Total assets at the end of the reporting period were ¥116,210,301,868.27, representing a 0.49% increase from ¥115,642,457,784.90 at the end of the previous year[3]. - The total liabilities of the company were reported at 86.64 billion yuan, slightly increasing from 86.57 billion yuan at the end of the previous year[21]. - The company's financial investments totaled approximately 58.65 billion yuan, up from 56.86 billion yuan at the end of 2023, indicating a growth of about 3%[20]. Shareholder Information - Shareholders' equity attributable to the parent company increased by 1.75% to ¥29,089,186,189.30 from ¥28,589,508,323.06[3]. - The total number of ordinary shareholders at the end of the reporting period was 80,482[7]. - The largest shareholder, Huaneng Capital Services Co., Ltd., held 46.38% of the shares, totaling 1,870,991,745 shares[7]. - The company’s equity attributable to shareholders reached approximately 29.09 billion yuan, an increase from 28.59 billion yuan at the end of 2023, reflecting a growth of about 1.75%[21]. Government Subsidies and Other Income - The company reported a government subsidy of ¥217,404.29, contributing to other income[4]. Market Expansion and Operations - The company established a new branch in Chengdu during the reporting period, indicating ongoing market expansion efforts[15]. - There were no significant litigation or arbitration matters reported during the period, with total unresolved cases amounting to 111.48 million yuan[17]. Investment Income - Investment income increased significantly to CNY 754.39 million in Q1 2024, up 62.7% from CNY 463.17 million in Q1 2023[22]. Audit Status - The first quarter report has not been audited[26].