红旗连锁(002697) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 2,670,986,298.23, representing a 4.55% increase compared to CNY 2,554,774,328.66 in the same period last year[5] - Net profit attributable to shareholders was CNY 163,376,974.30, a year-on-year increase of 15.95% from CNY 140,900,057.01[5] - Basic and diluted earnings per share increased by 20.00% to CNY 0.12, compared to CNY 0.10 in the same period last year[5] - The company reported a 9.86% increase in net profit after deducting non-recurring gains and losses, amounting to CNY 151,440,124.21[5] - Total operating revenue for Q1 2024 reached ¥2,670,986,298.23, an increase of 4.5% compared to ¥2,554,774,328.66 in Q1 2023[18] - Net profit attributable to the parent company was ¥163,376,974.30, representing a 16.0% increase from ¥140,900,057.01 in Q1 2023[19] - The company’s total profit for Q1 2024 was ¥184,971,276.28, compared to ¥161,063,444.97 in Q1 2023, reflecting a growth of 14.0%[18] Cash Flow and Operating Activities - The net cash flow from operating activities decreased by 56.04% to CNY 37,859,347.27, down from CNY 86,113,545.75 in the previous year[5] - Cash flow from operating activities generated a net inflow of ¥37,859,347.27, down from ¥86,113,545.75 in Q1 2023[21] - The company reported a total of ¥3,001,413,130.74 in cash received from sales of goods and services, an increase from ¥2,962,318,207.40 in Q1 2023[20] - Investment activities resulted in a net cash outflow of ¥15,242,000.60, an improvement from a net outflow of ¥37,427,269.24 in the previous year[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,020,698,400.88, a decrease of 1.10% from CNY 8,110,293,782.99 at the end of the previous year[5] - Current assets totaled CNY 4,468,292,368.52, slightly down from CNY 4,526,864,053.86 at the start of the quarter[15] - Total liabilities decreased to CNY 3,746,124,661.13 from CNY 3,999,088,699.85, indicating a reduction of about 6.3%[16] - The company's equity attributable to shareholders rose to CNY 4,273,914,700.21 from CNY 4,110,537,725.91, marking an increase of approximately 3.97%[16] - The total liabilities to equity ratio improved to approximately 0.88 from 0.97, indicating a stronger equity position[16] Other Financial Metrics - The company's investment income rose by 51.09% to CNY 3,800,000, contributing to the overall profit growth[9] - Other income increased by 462.50%, mainly due to growth in re-employment subsidies received[10] - Accounts receivable decreased by 62.03% compared to the end of the previous year, primarily due to the collection of receivables during the period[9] - Inventory increased to CNY 2,233,622,629.75 from CNY 2,037,518,638.84, reflecting a growth of approximately 9.6%[15] - Accounts payable decreased to CNY 1,370,178,278.01 from CNY 1,561,799,184.08, a decline of about 12.2%[16] - The company's cash and cash equivalents stood at CNY 1,603,810,915.09, down from CNY 1,736,789,419.69, a decrease of approximately 7.6%[15] - The total non-current assets were CNY 3,552,406,032.36, slightly down from CNY 3,583,429,729.13[15] - The company's retained earnings increased to CNY 2,442,804,754.47 from CNY 2,279,427,780.17, reflecting a growth of approximately 7.2%[16] - The company incurred financial expenses of ¥25,826,400.67, which is an increase from ¥17,033,325.81 in the same period last year[18] - Total operating costs amounted to ¥2,538,293,793.08, up 4.8% from ¥2,422,602,384.52 in the previous year[18]