三花智控(002050) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥6,439,558,590.31, representing a 13.40% increase compared to ¥5,678,755,521.90 in the same period last year[3]. - Net profit attributable to shareholders was ¥647,742,424.05, up 7.73% from ¥601,262,668.34 year-on-year[3]. - The net profit excluding non-recurring gains and losses was ¥670,999,127.69, reflecting a significant increase of 20.53% compared to ¥556,696,354.35 in the previous year[3]. - The net profit for Q1 2024 was CNY 646,153,478.31, an increase from CNY 608,556,460.28 in Q1 2023, representing a growth of approximately 6.5%[17]. - Operating profit for the quarter reached CNY 797,703,129.87, compared to CNY 701,826,103.92 in the same period last year, marking an increase of about 13.7%[17]. - The company reported a total profit of CNY 800,851,636.90 for Q1 2024, compared to CNY 701,966,797.55 in Q1 2023, reflecting an increase of around 14.1%[17]. - Earnings per share (EPS) remained stable at CNY 0.17 for both basic and diluted EPS in Q1 2024, consistent with Q1 2023[18]. Cash Flow and Investments - The net cash flow from operating activities decreased by 85.35%, amounting to ¥107,817,235.95, down from ¥735,871,707.43 in the same quarter last year[3]. - The cash flow from operating activities showed a net increase of CNY 107,817,235.95, a significant decrease from CNY 735,871,707.43 in the previous year, indicating a decline of approximately 85.3%[19]. - The net cash flow from investment activities was -672,244,305.16 CNY, compared to -392,154,360.98 CNY in the previous year, indicating a significant increase in cash outflow[20]. - The cash inflow from other investment-related activities was 227,774,694.23 CNY, an increase from 78,947,703.03 CNY in the previous year[20]. - The cash outflow for the acquisition of fixed assets, intangible assets, and other long-term assets was 889,061,717.36 CNY, compared to 706,664,201.58 CNY last year[20]. - The company received 1,070,000,000.00 CNY in borrowings, a significant increase from 51,848,300.00 CNY in the previous year[20]. Assets and Liabilities - Total assets at the end of the reporting period were ¥32,560,632,193.75, a 2.10% increase from ¥31,890,584,773.41 at the end of the previous year[3]. - The total current assets amounted to ¥20,219,259,090.49, slightly up from ¥20,071,540,170.13, showing a growth of about 0.74%[13]. - The total liabilities increased to CNY 14,137,801,305.50 from CNY 13,826,877,149.05, reflecting a rise of 2.24%[15]. - The company reported a significant increase in accounts payable, which rose to CNY 4,725,749,468.78 from CNY 4,449,940,359.81, an increase of 6.19%[14]. - Long-term equity investments decreased to CNY 32,926,181.56 from CNY 37,924,431.29, a decline of 13.06%[14]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 84,746, with the top 10 shareholders holding a combined 62.57% of shares[7]. - The largest shareholder, Sanhua Holdings Group Co., Ltd., holds 25.41% of shares, amounting to 948,487,077 shares[7]. - The top 10 shareholders include several investment funds, with the largest being the Huatai-PB CSI 300 ETF, holding 0.65% of shares[9]. - The company has not disclosed any changes in the top 10 shareholders due to margin trading activities[10]. - The report indicates that the company is actively managing its shareholder structure, with notable participation from institutional investors[8]. Operating Costs and Expenses - The total operating costs for Q1 2024 amounted to CNY 5,575,318,510.80, up from CNY 5,018,103,114.97, reflecting a year-over-year increase of 11.09%[16]. - The company's management expenses increased by ¥112,658,300, mainly due to higher salaries for management personnel and increased office expenses[6]. - Research and development expenses for Q1 2024 were CNY 317,015,044.35, which is an increase from CNY 291,210,635.42 in the previous year, showing a focus on innovation[16]. Other Financial Metrics - The gross profit margin for Q1 2024 was approximately 13.39%, compared to 10.65% in Q1 2023, indicating improved profitability[16]. - The company reported a significant increase in other income, which rose to CNY 6,008,552.72 from CNY 2,271,621.65 in the previous year, indicating a growth of about 163.5%[17]. - The total comprehensive income for Q1 2024 was CNY 639,307,380.83, down from CNY 714,364,364.62 in Q1 2023, reflecting a decrease of approximately 10.5%[18]. - The company recorded investment income of CNY -12,917,707.30, an improvement from CNY -23,879,550.16 in Q1 2023, showing a reduction in losses[17]. - Other comprehensive income after tax for the quarter was CNY -6,846,097.48, a decrease from CNY 105,807,904.34 in the same quarter last year[18].