广誉远(600771) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥343,378,924.32, a decrease of 11.13% compared to ¥369,045,043.47 in the same period last year[6] - Net profit attributable to shareholders was ¥41,303,613.94, representing a significant increase of 49.61% from ¥9,790,453.11 in the previous year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥48,493,985.69, up 76.13% from ¥9,714,819.20 year-on-year[6] - Basic earnings per share increased to ¥0.0844, a rise of 49.65% compared to ¥0.0200 in the same period last year[9] - The weighted average return on equity rose to 2.72%, an increase of 0.79 percentage points from 0.57% in the previous year[9] - The net profit for Q1 2024 reached CNY 49,621,931.14, an increase of 76.3% compared to CNY 28,160,560.34 in Q1 2023[35] - The total comprehensive income for Q1 2024 was CNY 49,621,931.14, up from CNY 28,160,560.34 in Q1 2023, indicating an increase of about 76.3%[37] - Basic and diluted earnings per share for Q1 2024 were both CNY 0.0844, compared to CNY 0.0564 in Q1 2023, reflecting a rise of approximately 49.5%[37] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,605,673,989.81, a decrease of 0.87% from ¥2,628,413,544.42 at the end of the previous year[9] - The equity attributable to shareholders increased to ¥1,537,431,255.25, reflecting a growth of 2.76% from ¥1,496,127,641.31 at the end of the previous year[9] - The total assets of the company amounted to approximately RMB 2.61 billion, a slight decrease from RMB 2.63 billion in the previous period, reflecting a change of about 1.4%[25] - The company's non-current liabilities include short-term borrowings of RMB 56 million, which remained relatively stable compared to RMB 56.06 million previously[25] - Total liabilities decreased to CNY 1,048,188,351.22 from CNY 1,120,549,836.97 at the end of 2023[26] - Shareholders' equity increased to CNY 1,557,485,638.59 from CNY 1,507,863,707.45 at the end of 2023[26] Cash Flow - The net cash flow from operating activities was ¥129,411,721.98, down 5.01% from ¥136,238,575.27 in the same period last year[6] - Cash inflows from operating activities in Q1 2024 totaled CNY 435,091,939.39, compared to CNY 353,669,065.15 in Q1 2023, marking an increase of about 23.0%[40] - Cash outflows from operating activities in Q1 2024 were CNY 305,680,217.41, up from CNY 217,430,489.88 in Q1 2023, which is an increase of approximately 40.5%[40] - The net cash flow from operating activities for Q1 2024 was CNY 129,411,721.98, slightly down from CNY 136,238,575.27 in Q1 2023, a decrease of about 5.9%[40] - Cash inflows from investment activities in Q1 2024 were CNY 1,564,919.86, compared to CNY 581,676.05 in Q1 2023, representing an increase of approximately 169.5%[40] - Cash outflows from investment activities in Q1 2024 were CNY 378,462.81, down from CNY 824,432.45 in Q1 2023, indicating a decrease of about 54.1%[40] - The net cash flow from investment activities for Q1 2024 was CNY 1,186,457.05, a significant improvement from a net outflow of CNY 242,756.40 in Q1 2023[40] - The company reported a significant increase in cash and cash equivalents, with a total of CNY 383,448,177.87 at the end of Q1 2024, compared to CNY 273,891,195.81 at the end of Q1 2023, reflecting a growth of approximately 40.0%[42] Operational Efficiency - The company implemented cost control measures, leading to improved profitability and a higher gross profit margin compared to the previous year[13] - Total operating costs for Q1 2024 were CNY 281,233,386.82, down 20.2% from CNY 352,387,369.66 in Q1 2023[35] - The company reported a total of CNY 62,231,217.98 in operating profit for Q1 2024, compared to CNY 34,572,023.30 in Q1 2023, reflecting a significant improvement[35] - Research and development expenses for Q1 2024 were CNY 8,983,874.58, a slight increase from CNY 8,772,467.17 in Q1 2023[35] - Sales expenses for Q1 2024 were CNY 158,634,670.62, down 24.7% from CNY 210,718,672.14 in Q1 2023[35] Regulatory and Compliance Issues - The company received a notice from the China Securities Regulatory Commission regarding an investigation for suspected violations of information disclosure laws[21] - The company announced corrections and retrospective adjustments to financial statements from 2016 to 2022, impacting the first three quarters of 2023[21] - The company is under disciplinary action from the Shanghai Stock Exchange due to violations related to financial reporting[22]