海澜之家(600398) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 6,177,088,464.40, representing an increase of 8.72% compared to the same period last year[4] - The net profit attributable to shareholders of the listed company was CNY 886,796,520.93, reflecting a growth of 10.41% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 877,156,269.50, up by 10.84% from the previous year[4] - Total revenue for the first quarter of 2024 reached CNY 6,050,810,746.26, representing a year-on-year increase of 6.71%[14] - Net profit for Q1 2024 was CNY 886,125,860.80, representing a growth of 11.55% from CNY 794,445,165.17 in Q1 2023[22] - Earnings per share for Q1 2024 were CNY 0.20, compared to CNY 0.19 in Q1 2023, indicating a slight increase[22] Cash Flow and Liquidity - The net cash flow from operating activities was CNY 1,381,289,170.32, showing a decrease of 3.90% compared to the same period last year[4] - In Q1 2024, the cash inflow from operating activities was approximately CNY 7.11 billion, slightly up from CNY 7.10 billion in Q1 2023, indicating stable operational performance[23] - The net cash flow from operating activities decreased to CNY 1.38 billion in Q1 2024 from CNY 1.44 billion in Q1 2023, reflecting a decline of about 4.5%[23] - Cash outflows for purchasing goods and services increased to CNY 3.35 billion in Q1 2024 from CNY 3.11 billion in Q1 2023, representing a rise of approximately 7.2%[23] - The total cash and cash equivalents at the end of Q1 2024 reached CNY 12.75 billion, up from CNY 10.95 billion at the end of Q1 2023, marking an increase of approximately 16.4%[24] - The company reported a cash inflow from other operating activities of CNY 595.39 million in Q1 2024, down from CNY 1.17 billion in Q1 2023, indicating a decline of approximately 49.1%[23] Assets and Liabilities - The total assets at the end of the reporting period were CNY 33,824,958,036.43, a slight increase of 0.33% from the end of the previous year[6] - The total liabilities decreased to CNY 14,353,423,165.76 in Q1 2024 from CNY 17,675,167,545.25 in Q1 2023, a reduction of approximately 18.00%[20] - The total equity attributable to shareholders increased to CNY 19,484,147,267.03 in Q1 2024 from CNY 16,049,615,953.58 in Q1 2023, reflecting a growth of 21.00%[20] - The company’s total assets increased slightly to CNY 33,824,958,036.43 in Q1 2024 from CNY 33,712,841,762.60 in Q1 2023, showing a marginal growth[20] Shareholder Information - The equity attributable to shareholders of the listed company increased to CNY 19,484,147,267.03, marking a significant rise of 21.40% year-on-year[6] - The total number of ordinary shareholders at the end of the reporting period was 29,738[11] Operational Metrics - The basic earnings per share for the period was CNY 0.20, an increase of 5.26% compared to the same period last year[4] - The diluted earnings per share was also CNY 0.20, reflecting a growth of 17.65% year-on-year[4] - The gross profit margin for the main business was 47.32%, an increase of 0.48% compared to the same period last year[14] - The revenue from direct stores was CNY 1,407,155,697.71, with a gross profit margin of 63.20%, reflecting a year-on-year increase of 13.91%[15] - The revenue from franchise stores and others was CNY 4,094,148,806.00, with a gross profit margin of 41.74%, showing a slight increase of 0.38% year-on-year[15] - The number of physical stores decreased by 31, with a total of 6,846 stores at the end of the reporting period[13] - The company opened 71 new stores during the reporting period, while 102 stores were closed[13] Research and Development - Research and development expenses for Q1 2024 amounted to CNY 51,232,196.94, up from CNY 46,806,038.46 in Q1 2023, marking an increase of 9.67%[21] Other Financial Metrics - The weighted average return on equity decreased by 0.19 percentage points to 5.16%[4] - The financial expenses for Q1 2024 showed a significant change, with interest expenses recorded at CNY -7,383,932.99 compared to CNY 62,384,661.69 in Q1 2023, indicating a substantial improvement[21] - The company reported a decrease in accounts payable to CNY 7,844,171,153.31 in Q1 2024 from CNY 8,768,665,934.38 in Q1 2023, a decline of 10.55%[20] Tax and Compensation - The company received tax refunds amounting to CNY 4.39 million in Q1 2024, compared to CNY 1.20 million in Q1 2023, indicating a significant increase in tax refunds received[23] - The cash outflow for employee compensation decreased to CNY 853.08 million in Q1 2024 from CNY 911.41 million in Q1 2023, reflecting a reduction of about 6.4%[23] Market Activity - The company did not report any significant new product launches or market expansions during this quarter[25]