贵州茅台(600519) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 reached ¥45,775,517,043.29, representing an increase of 18.11% compared to the same period last year[4] - Net profit attributable to shareholders was ¥24,065,262,374.15, reflecting a growth of 15.73% year-over-year[4] - Basic and diluted earnings per share both stood at ¥19.16, up by 15.73% from the previous year[4] - The total comprehensive income amounted to CNY 24,880,299,255.71, an increase of 15.5% compared to CNY 21,527,733,912.22 from the previous period[30] - The net profit for the period reached CNY 24,882,347,326.74, an increase from CNY 21,524,725,630.16 in the previous period, representing a growth of approximately 11%[56] Cash Flow - The net cash flow from operating activities surged by 75.17% to ¥9,187,422,415.09[4] - Cash inflow from operating activities reached CNY 44,545,673,036.62, a significant increase of 39.3% compared to CNY 31,953,539,490.48 in the previous period[33] - The net cash flow from operating activities was CNY 9,187,422,415.09, compared to CNY 5,244,796,293.93, indicating a growth of 75.17%[42] - The net increase in cash and cash equivalents for the quarter was ¥8,408,479,527.43, compared to ¥5,440,448,931.41 in Q1 2023, indicating a growth of 54.1%[21] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥285,524,543,268.38, a 4.70% increase from the end of the previous year[5] - Total assets amounted to CNY 285,524,543,268.38, up from CNY 272,699,660,092.25, indicating a growth of about 4.7%[54] - Total liabilities decreased to ¥36,987,774,717.85 from ¥49,043,190,797.43, a reduction of 24.5%[15] - The total liabilities and equity reached CNY 285,524,543,268.38, indicating a total increase of approximately 4.7% compared to the previous period[54] Shareholder Equity - Shareholders' equity attributable to the parent company was ¥239,731,785,910.55, marking an increase of 11.16% year-over-year[5] - The total equity attributable to shareholders increased to CNY 239,731,785,910.55 from CNY 215,668,571,607.43, reflecting an increase of approximately 11.1%[54] Operating Expenses - The company reported a total cost of operations of ¥13,344,131,153.66, which is an increase from ¥10,715,598,396.54 in the previous year, marking a rise of 24.3%[28] - The company’s tax and additional expenses amounted to ¥7,198,747,241.22, up from ¥5,460,376,291.15, reflecting an increase of 31.9%[28] Research and Development - Research and development expenses for Q1 2024 were ¥28,165,665.55, up from ¥22,956,214.08 in Q1 2023, reflecting a growth of 22.5%[28] Sales Performance - Main business income from Maotai liquor reached ¥3,970,681.21 million, while series liquor generated ¥593,615.55 million[7] - Domestic sales accounted for ¥4,482,966.96 million, with international sales at ¥81,329.80 million[7] Other Financial Metrics - The weighted average return on equity increased by 0.57 percentage points to 10.57%[4] - Interest income rose to CNY 500,470,819.86 from CNY 429,711,799.18, showing an increase of about 16.5%[56] - The company reported a decrease in financial expenses to CNY -486,783,948.02 from CNY -420,323,994.04, which is a reduction of about 15.7%[56] - The other comprehensive income after tax for the period was CNY 817,084,952.59, compared to CNY 729,842,875.61 in the previous period, reflecting an increase of approximately 12%[56] - The company’s retained earnings increased to CNY 197,048,440,674.24 from CNY 172,983,178,300.09, representing a growth of about 13.9%[54] Investment Activities - The net increase in cash flow from investment activities was CNY -766,514,727.33, compared to CNY 218,477,578.11 in the previous period[33] - The total cash inflow from investment activities was CNY 32,666,743.46, significantly lower than CNY 2,128,147,736.00 in the previous period[33] - The company reported a cash outflow of CNY 35,358,250,621.53 from operating activities, up from CNY 26,708,743,196.55[33] Shareholder Information - The total number of shareholders reached 161,009, with the largest shareholder holding 54.07% of the shares[46] - The number of domestic distributors increased by 17 to a total of 2,097 by the end of the reporting period[46]