Jangho(SH:601886)2024-04-29 11:39Financial Performance - The company's operating revenue for Q1 2024 was CNY 4,085,889,015.30, representing a year-on-year increase of 19.50%[4] - The net profit attributable to shareholders was CNY 181,719,387.86, reflecting an increase of 11.10% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 176,571,772.19, which is a 21.87% increase year-on-year[4] - The basic and diluted earnings per share were both CNY 0.16, showing a growth of 14.29%[4] - Total operating revenue for Q1 2024 reached ¥4,085,889,015.30, an increase of 19.5% compared to ¥3,419,268,950.09 in Q1 2023[17] - Net profit for Q1 2024 was ¥211,610,142.92, representing a 15.3% increase from ¥183,469,380.12 in Q1 2023[19] - Earnings per share for Q1 2024 were ¥0.16, compared to ¥0.14 in Q1 2023, indicating a growth of 14.3%[20] - The total comprehensive income for Q1 2024 was ¥212,376,750.58, up from ¥151,490,297.98 in Q1 2023, indicating a growth of 40.2%[20] Assets and Liabilities - The total assets at the end of the reporting period were CNY 26,836,429,689.99, down 6.51% from the end of the previous year[5] - The company's current assets totaled CNY 21,448,248,885.59, down from CNY 23,388,045,160.34, indicating a decrease of about 8.3%[14] - Total liabilities decreased to ¥18,289,803,591.63 in Q1 2024 from ¥20,369,232,006.03 in Q1 2023, a reduction of 10.2%[16] - The equity attributable to shareholders increased to CNY 7,252,952,743.48, a rise of 2.60% compared to the end of the previous year[5] - Total equity attributable to shareholders increased to ¥7,252,952,743.48 in Q1 2024 from ¥7,069,370,367.65 in Q1 2023, reflecting a growth of 2.6%[16] Cash Flow - The net cash flow from operating activities was negative at CNY -967,812,450.66, indicating a significant cash outflow[4] - Cash flow from operating activities in Q1 2024 was ¥5,391,479,847.27, an increase of 26.3% from ¥4,266,902,766.65 in Q1 2023[22] - The net cash flow from operating activities for Q1 2024 was -967,812,450.66, an improvement from -1,049,827,760.63 in Q1 2023, indicating a reduction in cash outflow[23] - Total cash inflow from operating activities was 5,418,972,198.98, compared to 4,297,279,608.79 in the previous year, reflecting a year-over-year increase of approximately 26%[23] - Cash outflow for operating activities totaled 6,386,784,649.64, up from 5,347,107,369.42, representing an increase of about 19%[23] - The ending balance of cash and cash equivalents was 2,314,796,103.80, slightly up from 2,246,829,026.59 in the previous year[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,384[9] - The largest shareholder, Beijing Jianghe Source Holdings Co., Ltd., held 27.86% of the shares, with 153,410,000 shares pledged[9] Operational Insights - The company has not disclosed any significant new product developments or market expansion strategies during this reporting period[11] - There were no changes in the participation of major shareholders in financing or margin trading activities[11] - The company has not identified any related party transactions among its top shareholders[11] Costs and Expenses - Total operating costs for Q1 2024 were ¥3,932,336,074.73, up from ¥3,296,977,448.60 in Q1 2023, reflecting a growth of 19.3%[17] - The company reported a credit impairment loss of ¥107,470,778.42 in Q1 2024, compared to ¥84,243,759.21 in Q1 2023, an increase of 27.5%[19] - The company paid 716,137,958.07 in cash to employees, an increase from 591,054,584.10 in the previous year, reflecting a rise of approximately 21%[23] - The company’s cash outflow for financing activities increased significantly to 1,022,270,338.96 from 747,774,513.73, marking an increase of about 37%[24]