养元饮品(603156) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 2,315,937,248.05, representing a year-on-year increase of 3.91%[4] - Net profit attributable to shareholders for Q1 2024 was CNY 878,948,803.33, reflecting a growth of 19.96% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was CNY 706,474,751.47, which is an increase of 15.43% year-on-year[4] - The basic earnings per share for Q1 2024 was CNY 0.6946, up by 19.97% from the previous year[4] - Total operating revenue for Q1 2024 reached RMB 2,315,937,248.05, a 3.9% increase from RMB 2,228,868,121.09 in Q1 2023[17] - Net profit for Q1 2024 was RMB 878,949,030.62, up 19.9% from RMB 732,678,413.78 in Q1 2023[18] - Operating profit for Q1 2024 was RMB 1,078,460,066.57, an increase of 15.3% compared to RMB 935,205,573.22 in Q1 2023[18] - Total operating costs for Q1 2024 were RMB 1,425,081,362.82, slightly up from RMB 1,412,141,500.02 in Q1 2023[17] - The total comprehensive income for Q1 2024 was RMB 579,883,615.17, down from RMB 809,945,576.63 in Q1 2023[19] Assets and Liabilities - Total assets at the end of the reporting period were CNY 14,694,125,359.92, a decrease of 8.85% from the previous year[5] - The company's total assets decreased to ¥14,694,125,359.92 from ¥16,121,288,564.33, reflecting a reduction of approximately 8.8%[16] - The total liabilities decreased to ¥3,084,737,124.50 from ¥5,065,423,345.63, showing a decline of about 39.2%[15] - The company's total equity increased to ¥11,609,388,235.42 from ¥11,055,865,218.70, marking an increase of approximately 5%[16] - Shareholders' equity attributable to shareholders was CNY 11,606,453,550.57, showing a growth of 5.01% year-on-year[5] Cash Flow - The net cash flow from operating activities was negative at CNY -878,498,291.18, indicating a significant change[4] - Cash flow from operating activities in Q1 2024 was RMB 908,488,330.60, down from RMB 1,182,559,146.94 in Q1 2023[20] - The net cash flow from operating activities was -$878.5 million, compared to -$415.9 million in the previous year, indicating a significant decline in operational cash flow[21] - Total cash outflow from operating activities amounted to $1.79 billion, up from$1.60 billion year-over-year[21] - The ending cash and cash equivalents balance was $2.69 billion, a decrease from$2.86 billion in the previous year[22] Investments and Receivables - The accounts receivable increased significantly to ¥85,046,195.37 from ¥11,330,900.89, representing a growth of approximately 651.5%[13] - The company reported a significant decrease in cash received from investment recoveries, dropping to $515.69 million from$3.34 billion[21] - Cash inflow from investment activities was $550.8 million, a decrease from$3.40 billion in the same quarter last year[21] - The net cash flow from investment activities was -$251.5 million, contrasting sharply with a positive$2.49 billion in the previous year[21] Expenses - Research and development expenses for Q1 2024 amounted to RMB 7,601,485.27, a decrease from RMB 7,781,003.93 in Q1 2023[17] - The company reported a decrease in sales expenses to RMB 168,066,794.81 in Q1 2024 from RMB 189,269,530.45 in Q1 2023[17] - Other income for Q1 2024 was RMB 22,626,240.11, compared to RMB 27,625,611.58 in Q1 2023[17] - The company paid $502.97 million in taxes, slightly up from$491.51 million year-over-year[21] - Cash paid to employees increased to $71.89 million from$54.95 million in the previous year[21] Strategic Plans - The company plans to recover a total of 100% of the capital reduction from Zhongji Investment Co., Ltd. by the end of 2024, with a structured repayment plan over the quarters[12] - The company has engaged in active communication with Zhongji Investment Co., Ltd. regarding overdue payments and interest collection[12]