天味食品(603317) - 2020 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders rose by 4.75% to CNY 76,975,616.27 year-on-year[11] - Operating income grew by 9.21% to CNY 333,993,004.17 compared to the same period last year[11] - The net profit for Q1 2020 reached CNY 76,975,616.27, up from CNY 73,487,841.19 in the same period last year, representing a growth of 6.8%[49] - The total profit for Q1 2020 was CNY 90,481,256.03, compared to CNY 86,466,520.29 in Q1 2019, marking an increase of 2.4%[49] - The company's operating revenue for Q1 2020 was CNY 329,862,292.88, an increase of 8.9% compared to CNY 305,044,336.59 in Q1 2019[49] Cash Flow - Net cash flow from operating activities surged by 151.72% to CNY 148,356,300.87 year-on-year[11] - The company's cash flow from operating activities was CNY 468,157,112.71 in Q1 2020, up from CNY 358,630,804.82 in Q1 2019, representing a growth of 30.6%[51] - Total cash inflow from operating activities reached CNY 470,422,083.57, compared to CNY 359,421,651.92, indicating a year-over-year increase of 30.9%[55] - The net cash flow from operating activities was CNY 148,356,300.87, an increase from CNY 58,936,416.22 in the previous period, reflecting a significant growth of 151.1%[55] Assets and Liabilities - Total assets increased by 8.16% to CNY 2,317,140,714.32 compared to the end of the previous year[11] - Total liabilities rose to CNY 398,248,703.00 in Q1 2020 from CNY 300,397,005.35 in Q1 2019, indicating an increase of about 32.5%[35] - Total current assets amounted to CNY 1,741,672,803.42, with inventory valued at CNY 98,275,238.02[63] - Total current liabilities were CNY 292,678,441.10, with accounts payable at CNY 114,397,909.13[66] Shareholder Information - The total number of shareholders at the end of the reporting period was 10,529[17] - The largest shareholder, Deng Wen, holds 67.84% of the shares[17] - The total equity attributable to shareholders increased to CNY 1,918,892,011.32 in Q1 2020 from CNY 1,841,916,395.05 in Q1 2019, representing a growth of about 4.2%[37] Revenue and Costs - Total operating costs for Q1 2020 were CNY 251,100,437.54, compared to CNY 232,461,859.01 in Q1 2019, reflecting an increase of about 8.0%[43] - Cash received from sales and services increased by 30.54% to ¥468,157,112.71 from ¥358,630,804.82 year-over-year[22] - The total cash inflow from sales of goods and services was CNY 446,228,353.58, compared to CNY 352,438,179.45, reflecting an increase of 26.6%[59] Investments and Expenses - Research and development expenses increased to CNY 3,379,911.62 in Q1 2020 from CNY 2,700,191.13 in Q1 2019, reflecting a growth of 25.1%[49] - The company reported an increase in investment income to CNY 7,760,000.00 in Q1 2020 from CNY 10,987,945.21 in Q1 2019, indicating a decline of 29.3%[49] Accounting Standards - The company executed the revised accounting standards from January 1, 2020, affecting revenue recognition[69] - The company has implemented the revised revenue recognition standards since January 1, 2020, affecting financial reporting[75] - The company has not made any adjustments to prior comparative data under the new revenue and lease standards[76]