东方盛虹(000301) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥36,738,885,261.85, representing a 24.34% increase compared to ¥29,534,484,781.56 in the same period last year[4] - Net profit attributable to shareholders decreased by 66.53% to ¥246,888,251.61 from ¥717,218,243.78 in the previous year[4] - The net profit after deducting non-recurring gains and losses fell by 87.63% to ¥86,270,488.25 compared to ¥697,445,483.31 in the same period last year[4] - The total profit for the first quarter was CNY 86,422,916.02, a significant decrease of 90.8% compared to CNY 937,884,190.48 in the previous period[17] - Net profit attributable to the parent company was CNY 246,888,251.61, down 66.5% from CNY 737,641,929.25 year-over-year[17] - Operating profit for the quarter was CNY 60,788,287.89, a decline of 93.4% from CNY 921,458,939.48 in the same period last year[17] - The basic earnings per share for the quarter was CNY 0.04, down from CNY 0.11 in the same period last year[17] Cash Flow - The net cash flow from operating activities decreased by 60.15% to ¥981,011,987.36 from ¥2,336,592,840.06 in the previous year[4] - Cash flow from operating activities generated a net inflow of CNY 981,011,987.36, down 60.2% from CNY 2,461,604,116.83 in the previous year[18] - Cash flow from investing activities resulted in a net outflow of CNY 3,683,956,888.11, an improvement from a net outflow of CNY 7,905,670,582.15 in the prior period[18] - Cash flow from financing activities yielded a net inflow of CNY 5,020,909,189.49, an increase of 17.3% compared to CNY 4,277,676,751.56 last year[19] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥201,659,598,247.12, a 6.02% increase from ¥190,214,802,161.82 at the end of the previous year[5] - Total assets as of the end of Q1 2024 amounted to ¥201.66 billion, an increase of 6.8% from ¥190.21 billion at the beginning of the year[15] - Total liabilities reached ¥165.83 billion, up 7.2% from ¥154.72 billion at the start of the year[15] - The company's cash and cash equivalents at the end of the period amount to ¥11,988,206,278.74, an increase from ¥10,009,739,723.82 at the beginning of the period, representing a growth of 19.8%[13] - The company reported a total cash and cash equivalents balance of CNY 8,673,884,547.36 at the end of the quarter, compared to CNY 8,948,226,092.93 at the end of the previous year[19] Shareholder Information - Total number of common shareholders at the end of the reporting period is 103,295, with the top 10 shareholders holding 65.39% of shares[9] - Jiangsu Shenghong Technology Co., Ltd. holds 41.87% of shares, totaling 2,768,225,540 shares[9] - The top 10 shareholders are primarily controlled by the same actual controller, indicating a unified action among them[11] Research and Development - R&D expenses increased by 88.42% to ¥225,891,622.08 from ¥119,886,103.61 in the same period last year[8] - Research and development expenses for Q1 2024 were ¥225.89 million, a significant increase of 88.2% compared to ¥119.89 million in Q1 2023[16] Other Financial Metrics - The weighted average return on net assets decreased by 1.32 percentage points to 0.69% from 1.99% in the previous year[4] - The company experienced a 100% decrease in notes payable, dropping to ¥0.00 from ¥390,550,672.86 in the previous year[8] - The company reported a decrease in tax and additional charges to ¥1.98 billion, down from ¥2.02 billion in the previous year, reflecting a decline of 2.2%[16] - The company's deferred tax assets rose to ¥1.24 billion, up from ¥1.01 billion at the beginning of the year, indicating a growth of 22.6%[14]