三只松鼠(300783) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 reached ¥3,645,604,895.39, representing a 91.83% increase compared to ¥1,900,471,120.86 in the same period last year[5] - Net profit attributable to shareholders was ¥308,255,630.86, up 60.80% from ¥191,701,980.19 year-on-year[5] - The net profit excluding non-recurring gains and losses was ¥263,253,539.07, reflecting a 92.84% increase from ¥136,514,439.33 in the previous year[5] - Basic and diluted earnings per share both stood at ¥0.77, a 60.42% increase from ¥0.48 in the same period last year[5] - Operating profit for the quarter was CNY 377,520,548.62, up from CNY 229,445,568.91, marking a growth of 64.5% year-over-year[20] Assets and Liabilities - The company's total assets decreased by 13.54% to ¥4,792,379,271.81 from ¥5,543,066,058.24 at the end of the previous year[5] - Total assets decreased from RMB 5.54 billion to RMB 4.79 billion, indicating a reduction in overall asset size[16] - The total liabilities decreased from RMB 3.03 billion to RMB 1.96 billion, reflecting improved financial health[16] Cash Flow - Cash flow from operating activities was ¥291,467,868.18, down 4.56% from ¥305,405,942.92 year-on-year[5] - Cash inflow from operating activities totaled CNY 4,071,070,415.54, an increase from CNY 2,315,199,394.12 in Q1 2023[23] - The net cash flow from investing activities for Q1 2024 was ¥62,683,269.36, a decrease from -¥177,327,859.83 in the same period last year[24] - The net cash flow from financing activities was ¥29,062,975.56, compared to ¥91,162,534.36 in Q1 2023[24] - The total cash inflow from financing activities was ¥398,862,777.76, an increase from ¥199,661,666.67 in Q1 2023[24] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 32,457, with the largest shareholder holding 40.37% of the shares[10] Inventory and Prepaid Accounts - The company experienced a 72.18% increase in prepaid accounts, mainly due to increased advance payments for raw materials[9] - The inventory level decreased significantly from RMB 1.39 billion to RMB 466.71 million, indicating better inventory management[14] Research and Development - Research and development expenses were CNY 5,464,543.49, a decrease from CNY 5,965,310.88 in the same quarter last year[19] Sales and Marketing - Sales expenses increased to CNY 592,790,224.78, up from CNY 288,505,138.36, reflecting a rise of 105.6%[19] - The company reported a significant increase in short video revenue, contributing to overall sales growth across all channels[13] Future Plans - The company plans to continue its strategy of "high-end cost performance" and expand its market presence through innovative product offerings[13] Accounting Standards - The company has not undergone an audit for the Q1 2024 report[25] - The company is implementing new accounting standards starting in 2024, affecting the financial statements[25]