UNIS(SZ:000938)2024-04-29 12:36Financial Performance - The company's revenue for Q1 2024 was CNY 17.01 billion, an increase of 2.89% compared to CNY 16.53 billion in the same period last year[4]. - Net profit attributable to shareholders decreased by 5.76% to CNY 413.68 million from CNY 438.96 million year-on-year[4]. - Basic earnings per share decreased by 5.76% to CNY 0.145 from CNY 0.153 in the same period last year[4]. - Net profit for Q1 2024 was ¥698,960,004.33, a decrease of 9.86% from ¥775,289,368.99 in Q1 2023[26]. - The company reported a total comprehensive income of CNY 699.61 million, down from CNY 768.39 million year-over-year[30]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -1.94 billion, a decline of 103.36% compared to CNY -952.93 million in the previous year[11]. - Cash and cash equivalents at the end of the period were CNY 12.99 billion, a decrease from CNY 11.53 billion year-over-year[30]. - Cash inflow from financing activities was CNY 3.70 billion, slightly up from CNY 3.63 billion in the previous period[30]. - Cash outflow for investing activities was CNY 667.87 million, significantly lower than CNY 2.79 billion in the same period last year[30]. - The company received CNY 2.57 billion in borrowings, down from CNY 3.23 billion in the previous year[30]. Assets and Liabilities - The total assets at the end of Q1 2024 were CNY 84.61 billion, down 3.05% from CNY 87.26 billion at the end of the previous year[5]. - Current liabilities totaled ¥36,479,258,229.78, down from ¥39,330,534,955.28, representing a decrease of 7.06%[22]. - The company's total assets decreased to ¥84,605,412,779.72 from ¥87,264,490,585.74, indicating a decline of 3.81%[23]. - The company reported a decrease in accounts payable to ¥10,619,388,735.11 from ¥12,062,694,627.13, a decline of 11.93%[22]. - The total amount of other receivables decreased from ¥729,092,724.84 to ¥558,446,000.45, a decline of approximately 23.4%[20]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 253,390[13]. - The largest shareholder, Tibet Unicom Communication Technology Co., Ltd., holds 28.00% of shares, totaling 800,870,734 shares[13]. - The number of shares held by the top 10 shareholders includes 384,639,789 shares from the bankrupt property of Unicom Group, accounting for 13.45%[13]. - The company has not disclosed any information regarding the relationships or concerted actions among the top shareholders[14]. Operational Highlights - The company's subsidiary, H3C Group, achieved revenue of CNY 12.13 billion, a year-on-year growth of 14%[5]. - The company is focusing on enhancing its "Intelligent Computing Strategy" to support AIGC industry application demands[5]. - Research and development expenses for Q1 2024 amounted to ¥1,243,582,000.09, compared to ¥1,397,071,718.47 in Q1 2023, showing a reduction of 11.01%[26]. - The company has not reported any new strategies or product developments in the current quarter[19]. - There is no indication of any mergers or acquisitions in the recent financial disclosures[19]. Financial Ratios - The weighted average return on equity was 1.21%, down from 1.37% year-on-year[4]. - The company reported a significant increase in financial expenses by 628.49% to CNY 75.59 million due to increased exchange losses and interest expenses[10]. - Investment income rose by 573.87% to CNY 19.98 million, primarily from gains on derivative financial instruments[10].