龙大美食(002726) - 2024 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2024 was CNY 2,523,176,556.28, a decrease of 27.43% compared to CNY 3,476,825,794.20 in the same period last year[3] - Net profit attributable to shareholders was CNY 30,348,718.37, an increase of 43.24% from CNY 21,187,983.39 year-on-year[3] - Net profit excluding non-recurring gains and losses was CNY 30,136,182.86, up 31.36% from CNY 22,942,469.53 in the previous year[3] - The net profit for the reporting period was CNY 29,657,335.20, a decrease from CNY 36,755,486.64 in the previous year, representing a decline of 19.0%[40] - The total profit amounted to CNY 35,881,593.40, slightly down from CNY 36,933,417.34, indicating a decrease of 2.8%[40] - The operating profit increased to CNY 40,285,107.60 from CNY 35,439,534.47, reflecting a growth of 13.0%[40] - The total comprehensive income for the period was CNY 29,657,335.20, down from CNY 36,755,486.64 in the previous period, representing a decrease of approximately 19%[65] - The net income attributable to the parent company was CNY 30,348,718.37, compared to CNY 21,187,983.39 in the prior period, indicating an increase of about 43%[65] - Basic and diluted earnings per share were both CNY 0.03, up from CNY 0.02 in the previous period, reflecting a 50% increase[65] Cash Flow - Operating cash flow showed a net outflow of CNY 141,897,535.08, worsening by 70.28% compared to a net outflow of CNY 83,329,768.45 last year[3] - Cash inflows from operating activities totaled CNY 2,026,006,598.81, a decrease of approximately 49% from CNY 3,993,623,329.38 in the prior period[65] - Cash outflows from operating activities were CNY 2,167,904,133.89, down from CNY 4,076,953,097.83, resulting in a net cash flow from operating activities of CNY -141,897,535.08[65] - The net cash flow from financing activities increased by CNY 41,127,557.58, a growth rate of 50.30% due to an increase in financing scale[9] - The total cash inflow from financing activities was CNY 1,391,770,037.48, showing a significant increase compared to the previous year[44] - The net cash flow from investing activities was CNY -81,180,047.63, indicating a cash outflow for investments[44] - The net cash flow from investing activities increased by ¥76.99 million, representing a growth rate of 48.68% compared to the previous year[31] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,992,531,112.51, down 5.14% from CNY 6,317,538,408.46 at the end of the previous year[3] - The company’s total assets decreased to approximately ¥5.99 billion from ¥6.32 billion year-over-year[22] - The total liabilities decreased to approximately ¥4.31 billion from ¥4.66 billion year-over-year[22] - Current liabilities decreased from CNY 3,343,091,858.70 to CNY 2,917,109,733.34, representing a decline of about 13%[65] - Non-current liabilities remained relatively stable, with a slight decrease from CNY 1,000,000,000 to CNY 999,999,999, indicating a minor adjustment[65] Shareholders' Equity - Shareholders' equity attributable to the parent company increased by 2.05% to CNY 1,512,331,370.39 from CNY 1,481,981,607.33 at the end of last year[3] - The total equity attributable to shareholders of the parent company increased to approximately ¥1.51 billion from ¥1.48 billion year-over-year[22] Operating Costs and Expenses - The company reported a decrease in operating costs by CNY 945,635,319.69, a reduction rate of 28.53% due to lower trade and breeding business volumes[7] - Operating costs for the first quarter were approximately ¥2.49 billion, down from ¥3.44 billion, reflecting a decrease of 27.43%[39] - The company reported a significant increase in other expenses, which rose by 440.35% to approximately ¥4.04 million, primarily due to inventory write-offs[30] - Financial expenses rose by CNY 7,976,644.91, an increase of 65.96%, attributed to a larger overall financing scale compared to the previous year[53] Asset Impairment - Asset impairment losses increased by CNY 4,686,293.28, an increase rate of 148.53% primarily due to inventory and consumable biological assets impairment[8] - The company reported a credit impairment loss of CNY -1,807,460.32, while asset impairment losses totaled CNY 7,841,311.90[40]