ST洲际(600759) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 637,008,119.57, representing a year-on-year increase of 17.73%[8] - Net profit attributable to shareholders for Q1 2024 was CNY 96,872,753.89, a significant increase of 485.20% compared to the same period last year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 96,181,486.23, reflecting an increase of 868.50% year-on-year[8] - Basic earnings per share for Q1 2024 were CNY 0.0267, up 340.54% from the previous year[8] - The weighted average return on equity for Q1 2024 was 1.19%, an increase of 277.61% compared to the previous year[8] - Net profit for the first quarter of 2024 was CNY 106,667,082.75, compared to a net loss of CNY 21,677,188.15 in the same period last year[41] - Operating profit increased significantly to CNY 146,561,993.54 from CNY 22,828,958.90 year-over-year[41] - Total comprehensive income attributable to the parent company was CNY 129,112,519.76, a decrease of CNY 124,431,062.52 compared to the previous year[58] - Basic and diluted earnings per share were CNY 0.0267, compared to a loss of CNY 0.0111 in the same period last year[58] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 90.44% to CNY 20,827,135.73, primarily due to the payment of restructuring-related expenses[9] - The company's cash and cash equivalents decreased from CNY 953,277,367.08 to CNY 478,124,546.19, a drop of approximately 50%[25] - Cash flow from operating activities generated CNY 597,272,463.94, down from CNY 817,411,299.49 year-over-year[59] - The company reported a net cash outflow from operating activities of -CNY 126,313,111.06, compared to -CNY 188,788.66 in the same period last year[70] - The net cash flow from financing activities was -CNY 317,853,882.23, compared to -CNY 176,740,393.09 in the previous year[61] - The net increase in cash and cash equivalents was -475,976,022.00, compared to -223,293.66 previously[71] - The ending balance of cash and cash equivalents was 478,013,754.04, down from 953,989,776.04 at the beginning of the period[71] Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 12,715,322,869.55, a decrease of 1.03% from the end of the previous year[8] - Total liabilities decreased from CNY 4,774,943,752.73 to CNY 4,511,841,402.81, a reduction of approximately 5.5%[17] - Current liabilities decreased from CNY 1,353,051,979.58 to CNY 1,002,803,132.32, representing a decline of about 26%[17] - The total assets decreased to CNY 8,443,464,028.68 from CNY 8,838,065,699.40 year-over-year[65] - Total liabilities decreased to CNY 1,200,012,399.31 from CNY 1,598,033,350.85 year-over-year[65] Shareholder Equity - Shareholders' equity attributable to the parent company increased by 1.62% to CNY 8,078,495,348.27 compared to the end of the previous year[8] - The company’s total equity increased slightly to CNY 7,243,451,629.37 from CNY 7,240,032,348.55 year-over-year[65] - The company reported a significant increase in undistributed profits, rising from CNY 323,022,438.33 to CNY 419,895,192.22, an increase of about 30%[17] Expenses and Investments - Operating costs for Q1 2024 were ¥488,815,252.51, slightly up from ¥487,343,045.43 in Q1 2023, indicating a marginal increase of 0.3%[56] - Research and development expenses for Q1 2024 amounted to ¥9,115,728.63, compared to ¥3,241,763.81 in Q1 2023, reflecting an increase of approximately 180%[48] - Financial expenses decreased significantly to -¥14,683,007.51 in Q1 2024 from ¥129,137,276.31 in Q1 2023, indicating improved financial management[48] - The company received CNY 23,000,000.00 from investment activities, indicating ongoing investment efforts[70] Other Financial Metrics - Other comprehensive income for the period was CNY 32,450,789.97, compared to a loss of CNY 88,497,097.81 in the previous year[41] - The company recorded a decrease in other payables from CNY 658,694,131.67 to CNY 411,612,598.46, a reduction of approximately 37.5%[17] - The long-term borrowings slightly increased from CNY 637,443,000.00 to CNY 638,550,000.00, reflecting a marginal growth of about 0.2%[17] - Cash inflow from financing activities was ¥180,000,000.00, with cash outflow for debt repayment at ¥465,379,280.24, indicating a net cash outflow in financing activities[48] - Tax expenses for Q1 2024 were reported at ¥1,243,835.23, compared to a tax benefit of -¥26,415,984.14 in Q1 2023, indicating a shift from loss to profit[50] Accounting Standards - The company has not adopted new accounting standards or interpretations starting from 2024[71]