ANLI(SZ:300218)2024-04-28 07:44Financial Performance - The company's revenue for Q1 2024 was ¥540,861,537.40, representing a 24.61% increase compared to ¥434,028,093.32 in the same period last year[5] - Net profit attributable to shareholders was ¥41,271,564.21, a significant turnaround from a loss of ¥14,032,778.20, marking a 394.11% increase[5] - The net profit after deducting non-recurring gains and losses was ¥37,818,529.75, up 314.73% from a loss of ¥17,612,230.34 in the previous year[5] - Basic and diluted earnings per share increased to ¥0.1930 from a loss of ¥0.0647, reflecting a 398.30% improvement[5] - The weighted average return on equity rose to 3.21%, compared to -1.10% in the previous year, an increase of 4.31%[5] - Total operating revenue for Q1 2024 reached ¥540,861,537.40, an increase of 24.6% compared to ¥434,028,093.32 in the same period last year[29] - The company's net profit for Q1 2024 was CNY 41,586,410.50, compared to a net loss of CNY 15,519,280.96 in the same period last year, marking a significant turnaround[30] - Operating profit for Q1 2024 was CNY 48,084,494.09, while the previous year showed an operating loss of CNY 10,243,844.71[30] - The total comprehensive income for Q1 2024 was CNY 37,111,931.56, compared to a comprehensive loss of CNY -17,996,417.51 in Q1 2023[30] Expenses and Costs - The company reported a significant increase in sales expenses, which rose by 40.46% to ¥22,313,416.09, attributed to enhanced collaboration with brand clients[7] - Management expenses increased by 78.72% to ¥25,057,637.07, primarily due to a rise in employee numbers and compensation[7] - Total operating costs for Q1 2024 were ¥490,967,147.72, up from ¥439,999,305.33, reflecting a rise of 11.6%[29] - The company incurred a total operating expense of CNY 470,447,526.57, up from CNY 367,792,059.13 in the same quarter last year[32] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,154,051,298.57, a decrease of 1.74% from ¥2,192,185,740.01 at the end of the previous year[5] - The asset-liability ratio at the end of the reporting period was 32.95%, a decrease of 2.92 percentage points from the beginning of the year[12] - Total liabilities decreased to ¥709,739,923.89 from ¥786,310,011.00, a reduction of 9.8%[28] - The equity attributable to shareholders increased to ¥1,305,281,586.95, up 3.9% from ¥1,266,235,105.81[28] Cash Flow - The net cash flow from operating activities was -¥60,086,814.74, slightly worse than -¥59,547,814.56 in the same period last year, a change of -0.91%[5] - The company's cash and cash equivalents decreased to ¥389,657,811.44 from ¥446,505,432.95, a decline of 12.7%[26] - Cash and cash equivalents at the end of Q1 2024 totaled CNY 386,795,444.52, compared to CNY 372,257,972.33 at the end of Q1 2023, indicating a year-over-year increase[33] Sales and Market Position - The company's gross profit margin for main products improved to 28.06%, an increase of 10.46 percentage points compared to the same period last year[13] - Main product sales volume increased by 16.73% year-on-year, with revenue growth of 25.16% and a price increase of 7.26%[13] - The company signed a strategic partnership agreement with Anta Group, marking its entry as a strategic partner[14] - The company became a qualified supplier for Under Armour and received awards from Kusi Home and Xilinmen[14] - The company’s subsidiary in Vietnam became a qualified supplier for Nike and Leesa[14] - The company became a qualified supplier for major brands including Nike and La-Z-Boy in early 2024, enhancing its market presence[17] Research and Development - In Q1 2024, the company's R&D investment reached 45.32 million yuan, focusing on new materials and technologies such as water-based and solvent-free products[15] - The company holds 545 valid authorized patents, including 143 invention patents, and has participated in the formulation of over 50 national and industry standards, making it the leader in its sector[15] - Research and development expenses increased to ¥45,322,383.64, a rise of 21.9% from ¥37,163,632.01 in the previous year[29] Recognition and Awards - The company was recognized as a "National Technology Innovation Demonstration Enterprise" by the Ministry of Industry and Information Technology in January 2024[18] - The company was awarded the "Strategic Partner Award" by KUS Home in March 2024, reflecting its strong partnerships[17] - The company was included in the "2023 New Generation Information Technology and Manufacturing Integration Development Demonstration List" by the Ministry of Industry and Information Technology[18] - The company received the "Leading Enterprise in Carbon Peak" award from the China Industrial Economic Association in January 2024, highlighting its commitment to sustainability[20] - The company was recognized as an "Outstanding Private Enterprise in Anhui Province" in February 2024, showcasing its regional leadership[21] Production Capacity - The production capacity of the company's subsidiary in Vietnam increased from 50,000-100,000 meters per month to 200,000-300,000 meters per month since Q4 2023, reducing losses[21] - The subsidiary in Vietnam is actively pursuing certification from Nike's laboratory, aiming to further expand its client base[21]