XCMG(SZ:000425)2024-04-29 14:19Revenue and Profit - Revenue for Q1 2024 reached ¥24,174,419,759.02, a 1.18% increase compared to ¥23,892,908,942.03 in the same period last year[4] - Net profit attributable to shareholders was ¥1,600,471,771.14, reflecting a 5.06% increase from ¥1,523,350,581.21 year-on-year[4] - Basic earnings per share increased by 4.65% to ¥0.135 from ¥0.129 in the previous year[4] - Total operating revenue for Q1 2024 reached ¥24,174,419,759.02, an increase of 1.18% compared to ¥23,892,908,942.03 in Q1 2023[18] - Net profit attributable to the parent company was ¥1,600,471,771.14, up from ¥1,523,350,581.21 in the same period last year, reflecting a growth of 5.08%[19] - The basic earnings per share for Q1 2024 was ¥0.135, compared to ¥0.129 in Q1 2023, reflecting an increase of 4.67%[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥164,535,529,037.60, up 1.57% from ¥161,994,607,612.63 at the end of the previous year[4] - The total current assets as of March 31, 2024, amounted to CNY 113,952,394,447.60, an increase from CNY 111,059,886,947.95 at the beginning of the period[13] - Total assets reached CNY 164,535,529,037.60, compared to CNY 161,994,607,612.63 at the start of the period, marking an increase of about 1.6%[15] - Total liabilities increased to CNY 105,313,459,753.80 from CNY 104,507,622,369.46, showing a growth of about 0.8%[16] - The total equity attributable to shareholders increased by 3.00% to ¥57,827,335,521.88 from ¥56,144,670,380.10 year-on-year[4] - The total assets and equity increased to ¥164,535,529,037.60 and ¥59,222,069,283.80 respectively, compared to ¥161,994,607,612.63 and ¥57,486,985,243.17 in the previous year[17] Cash Flow - Cash flow from operating activities decreased by 71.27% to ¥231,251,589.22, down from ¥804,996,166.89 in the previous year[4] - Cash flow from operating activities totaled ¥26,630,043,734.83, an increase from ¥23,847,208,286.56, representing a growth of 11.76%[23] - The net cash flow from operating activities for Q1 2024 was ¥231,251,589.22, a decrease of 71.2% compared to ¥804,996,166.89 in Q1 2023[24] - Total cash outflow from operating activities amounted to ¥26,398,792,145.61, up from ¥23,042,212,119.67 in the previous year[24] - The company reported a total cash outflow from investing activities of ¥1,030,213,330.15, significantly lower than ¥7,702,471,457.39 in Q1 2023[24] - Cash inflow from financing activities totaled ¥8,945,162,194.13, compared to ¥7,417,878,736.65 in the same period last year, reflecting a 20.6% increase[24] Expenses - Development expenses increased by 42.06% due to capitalized development costs meeting the criteria for capitalization[8] - The company reported a decrease in financial expenses to ¥351,366,334.15 from ¥354,871,776.12, a decline of about 1.42%[19] - The company’s total operating costs increased to ¥22,408,722,882.78 from ¥22,099,867,439.90, marking a rise of 1.39%[18] - Research and development expenses decreased to ¥888,564,502.81 from ¥963,261,324.90, indicating a reduction of approximately 7.77%[19] Other Financial Metrics - The weighted average return on equity slightly decreased to 2.81%, down 0.03 percentage points from 2.84%[4] - Other comprehensive income after tax attributable to the parent company was ¥37,757,844.95, significantly higher than ¥7,917,915.12 in the previous year[21] - The company reported no changes in the participation of major shareholders in margin financing and securities lending activities[11] - The company did not undergo an audit for the Q1 2024 report[25] - The company experienced a foreign exchange loss impacting cash and cash equivalents of -¥152,832,861.64 in Q1 2024[24]