永辉超市(601933) - 2019 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders of the listed company was RMB 1.12 billion, representing a 50.28% increase year-on-year[4]. - Operating revenue for the period was RMB 22.24 billion, up 18.48% from the same period last year[4]. - Basic earnings per share were RMB 0.12, reflecting a 50.00% increase year-on-year[4]. - The weighted average return on equity increased by 1.77 percentage points to 5.64%[4]. - The company reported a non-operating income of RMB 124.05 million for the period[6]. - The company reported a significant revenue increase in the third district of chain supermarkets, with a year-on-year growth of 37.35%[18]. - The company anticipates continued growth in revenue and market expansion in the upcoming quarters[18]. - The company reported a net profit of approximately ¥893.61 million in Q1 2019, down from ¥1.03 billion in Q1 2018, a decrease of 13.3%[25]. - The company reported a total comprehensive income of approximately ¥1.13 billion for Q1 2019, compared to ¥653 million in Q1 2018[27]. Assets and Liabilities - Total assets at the end of the reporting period reached RMB 40.50 billion, an increase of 2.20% compared to the end of the previous year[4]. - Total current assets decreased to ¥21,227,134,830.69 from ¥23,953,003,336.55, reflecting a decline of about 11.4%[20]. - Total non-current assets increased to ¥19,273,127,091.80 from ¥15,673,981,092.19, showing a growth of about 22.4%[22]. - Total liabilities decreased to ¥19,873,630,942.53 from ¥20,194,707,575.17, a decline of approximately 1.6%[23]. - The company's total assets as of Q1 2019 amounted to approximately ¥35.21 billion, an increase from ¥31.19 billion in the previous year, marking a growth of 12.3%[25]. - Current liabilities totaled CNY 19.95 billion, while total liabilities reached CNY 20.19 billion[39]. Cash Flow - Net cash flow from operating activities amounted to RMB 1.62 billion, an increase of 6.53% compared to the previous year[4]. - Cash inflow from operating activities for Q1 2019 was approximately ¥25.40 billion, an increase from ¥21.66 billion in Q1 2018[31]. - The net cash flow from investment activities was negative at CNY -2,203,920,306.91, compared to a positive CNY 1,022,125,093.73 in Q1 2018, reflecting a significant decline[32]. - The net cash flow from financing activities was CNY 1,160,753,824.75, recovering from a negative CNY -1,227,181,321.03 in the same quarter last year[33]. Shareholder Information - The number of shareholders at the end of the reporting period was 129,319[7]. - The top shareholder, Milk Co., Ltd., held 1.91 billion shares, accounting for 19.99% of total shares[7]. Store Expansion and Market Presence - The company opened 21 new supermarkets and 93 Mini stores in Q1 2019[10]. - The total number of new stores opened in Q1 2019 reached 114, with a total area of 47,990.91 square meters[14]. - The company plans to expand its market presence with new store openings, including locations in Hefei, Chuzhou, and Shantou[15]. - The company signed 27 new green label stores during the reporting period, with a total leasing area of approximately 109,000 square meters[15]. Financial Indicators and Expenses - Significant changes in financial indicators included a 48.34% increase in loans and advances due to short-term loans from microfinance companies[9]. - Financial expenses surged by 109.01% to 6,096.47 million, attributed to increased interest expenses from loans[10]. - Research and development expenses were approximately ¥477.63 million in Q1 2019, compared to ¥685.35 million in Q1 2018, a decrease of 30.3%[26]. - The company incurred a financial expense of approximately ¥29.65 million in Q1 2019, compared to a financial income of approximately ¥9.72 million in Q1 2018[29]. Inventory and Receivables - Inventory decreased to ¥6,224,235,846.94 from ¥8,118,870,848.01, a reduction of approximately 23.3%[22]. - Accounts receivable increased to approximately ¥572.20 million in Q1 2019, compared to ¥451.03 million in Q1 2018, reflecting a growth of 26.8%[24].