广安爱众(600979) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 710,225,969.40, representing an increase of 11.83% compared to the same period last year[5] - Net profit attributable to shareholders for Q1 2024 was CNY 28,407,490.65, showing a significant increase of 1,320.49% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 22,454,061.52, up 1,048.39% from the previous year[5] - Basic and diluted earnings per share for Q1 2024 were both CNY 0.0231, reflecting a year-on-year increase of 1,320.49%[5] - The net profit for Q1 2024 was CNY 24,887,656.50, a significant increase compared to a net loss of CNY 2,568,703.74 in Q1 2023, representing a turnaround in performance[24] - The total comprehensive income for the period was CNY 24,887,656.50, contrasting with a loss of CNY 2,568,703.74 in Q1 2023, showcasing a strong recovery[25] Revenue and Generation - The increase in net profit was primarily due to a rise in electricity generation, with a total of 84,636,800 kWh generated, including 52,206,000 kWh from the Xinjiang Hadebut Power Station and 24,412,000 kWh from the Longfeng Hydropower Station[8] - The total electricity generation reached 193.17 million kWh, a significant year-on-year growth of 78.96%, with grid-connected electricity generation increasing by 102.07% to 156.47 million kWh[15] - The increase in revenue was primarily driven by a rise in electricity generation, contributing an additional 31.80 million RMB in revenue[15] - In Q1 2024, the company achieved a water sales volume of 22.15 million tons, representing a year-on-year increase of 7.91%[15] Cash Flow and Investments - The net cash flow from operating activities reached CNY 132,236,568.19, an increase of 239.18% compared to the same period last year[5] - The cash flow from operating activities showed a net increase of CNY 132,236,568.19, compared to CNY 38,987,194.39 in Q1 2023, reflecting a substantial improvement[28] - The company incurred a total investment cash outflow of CNY 209,375,956.23, compared to CNY 168,917,425.49 in the previous year, indicating increased investment activities[28] - The financing cash inflow for the quarter was CNY 541,713,882.51, up from CNY 327,900,000.00 in Q1 2023, reflecting enhanced financing efforts[28] Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 11,004,348,162.41, a 1.60% increase from the end of the previous year[6] - The company's total assets as of March 31, 2024, amounted to ¥11,004,348,162.41, compared to ¥10,831,375,831.70 at the end of 2023, indicating a growth of 1.6%[22] - The company's total liabilities were ¥6,301,908,351.21 as of March 31, 2024, slightly up from ¥6,225,075,111.12 at the end of 2023[22] - The company's total liabilities reached CNY 2,959,591,698.72 as of March 31, 2024, slightly up from CNY 2,944,906,657.38 at the end of 2023[32] Shareholder Information - The controlling shareholder, Aizhong Group, plans to increase its stake in the company by investing between 30 million and 60 million RMB in the next six months[16] - The company completed a restricted stock incentive plan, granting 29.40 million shares at a price of 2.10 RMB per share to 169 individuals[17] - The company’s major shareholders include Aizhong Group with 19.67% and Sichuan Water Power Investment Group with 11.87%[12] - As of the end of the reporting period, Aizhong Group had pledged 106.69 million shares[11] Operational Metrics - The company’s self-generated electricity reached 31.71 million kWh, reflecting a year-on-year increase of 21.44%[15] - The gas sales volume was 8.59 million m³, showing a modest growth of 1.11% year-on-year[15] - The company's cash and cash equivalents increased to CNY 627,312,225.23 as of March 31, 2024, compared to CNY 596,444,437.46 at the end of 2023, a rise of 5.2%[20] Other Financial Metrics - The weighted average return on equity increased by 0.59 percentage points to 0.64%[5] - The company reported a decrease in research and development expenses to CNY 7,440.59 in the first quarter of 2024, down from CNY 20,217,305.41 in the same period of 2023[33] - The company experienced a foreign exchange loss of CNY 1,242,267.77, which impacted the overall financial results[24] - The company did not apply new accounting standards or interpretations for the first quarter of 2024[38]