山西证券(002500) - 2024 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2024 was ¥631,429,731, a decrease of 44.64% compared to ¥1,140,570,820 in the same period last year[3] - Net profit attributable to shareholders was ¥158,560,105, down 36.72% from ¥250,552,230 year-on-year[3] - Basic earnings per share decreased by 42.86% to ¥0.04 from ¥0.07 in the previous year[3] - The company reported a diluted earnings per share of ¥0.04 based on the latest total share capital of 3,589,771,547 shares[5] - The company reported a decrease in investment banking service fee income to 48,809,282 CNY from 76,181,754 CNY year-over-year[20] - The total comprehensive income attributable to shareholders of the parent company was 165,718,243 CNY, compared to 243,450,122 CNY in the previous year[21] - The company experienced a significant reduction in operating expenses, which were 457,923,519 CNY, down from 827,882,495 CNY in the previous year[21] Cash Flow - Net cash flow from operating activities improved significantly to ¥1,272,722,110, compared to a negative cash flow of ¥565,124,186 in the same period last year[3] - Total cash inflow from operating activities is ¥6,500,540,494, down from ¥12,911,199,239 in the previous period[23] - Cash outflow from operating activities totaled ¥5,227,818,384, compared to ¥13,476,323,425 in the previous period[23] - The net cash flow from investing activities is negative at ¥24,895,635, compared to a negative cash flow of ¥11,672,855 in the previous period[23] - Cash inflow from financing activities is ¥1,000,000,000, significantly higher than ¥54,240,000 in the previous period[24] - The net cash flow from financing activities is negative at ¥823,487,329, compared to a negative cash flow of ¥705,729,458 in the previous period[24] - The ending balance of cash and cash equivalents is ¥24,342,460,291, compared to ¥24,858,987,948 in the previous period[24] - The company reported a decrease in cash and cash equivalents of ¥424,771,588, contrasting with a decrease of ¥1,290,126,356 in the previous period[24] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥79,389,460,753, reflecting a 2.32% increase from ¥77,590,229,317 at the end of the previous year[4] - The total liabilities increased significantly from ¥37,579,000,000 to ¥39,000,000,000, representing an increase of approximately 3.8%[18] - The total equity attributable to shareholders of the parent company rose to 17,912,550,749 CNY from 17,746,832,505 CNY[19] - The company’s financial investments totaled ¥37,861,652,442, an increase from ¥37,276,438,415, showing a growth of about 1.57%[18] - The company’s goodwill remained stable at ¥476,939,901, unchanged from the previous reporting period[18] Investment and Income - Investment income from financial instruments and long-term equity investments amounted to ¥349,871,509, classified as regular income due to the company's main business operations[7] - Investment income fell by 31.91% to 190,509,333 from 279,780,875, reflecting a decrease in overall investment returns[8] - Net income from asset management fees increased by 174.36% to 52,334,885 from 19,075,280, showing growth in asset management revenue[8] - The company reported a significant increase in trading financial liabilities, which rose to ¥4,484,087,766 from ¥1,512,007,369, reflecting a growth of approximately 196.5%[18] Regulatory and Compliance - The company has undertaken corrective measures in response to regulatory warnings, enhancing internal controls and operational quality in investment banking[15] - The company has completed the issuance of subordinated bonds on February 19, 2024, and March 21, 2024, as scheduled, indicating strong compliance with financial obligations[14] - The company has not undergone an audit for the first quarter report[24] - The company has implemented new accounting standards starting from 2024, but it is not applicable for the current report[24] Shareholder Information - The total number of common shareholders at the end of the reporting period was 123,844, with the largest shareholder holding 31.77% of the shares[10] - The company’s major shareholders engaged in securities lending, with China Agricultural Bank lending 1,850,900 shares, representing 0.0516% of total shares[12]