家家悦(603708) - 2024 Q1 - 季度财报

Financial Performance - Revenue for the reporting period reached ¥5,188,974,365.75, representing a year-on-year increase of 5.73%[1] - Net profit attributable to shareholders was ¥147,171,979.44, reflecting a growth of 7.10% compared to the same period last year[1] - Net cash flow from operating activities increased significantly by 22.1%, totaling ¥701,927,259.82[1] - Basic earnings per share for the period was ¥0.23, while diluted earnings per share increased by 4.35% to ¥0.24[1] - Net profit for Q1 2024 reached CNY 152,810,388.53, an increase from CNY 138,336,559.55 in Q1 2023, representing a growth of approximately 10.7%[46] - Total revenue from sales of goods and services in Q1 2024 was CNY 6,576,462,355.15, compared to CNY 6,208,355,076.31 in Q1 2023, indicating a year-over-year increase of about 5.9%[47] - Operating profit for the period was CNY 190,454,576.46, slightly up from CNY 189,760,138.69 in the previous year[46] - The company reported a total comprehensive income of CNY 152,822,708.86 for Q1 2024, compared to CNY 138,243,363.91 in Q1 2023, marking an increase of about 10.5%[47] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥14,306,274,934.09, a slight increase of 0.14% from the previous year[4] - The company's total assets as of March 31, 2024, were CNY 8.25 billion, reflecting a slight decrease from the previous period[31] - Total liabilities decreased to ¥11,668,277,509.76 from ¥11,738,736,381.84[38] - The company's equity attributable to shareholders reached ¥2,624,976,509.05, up from ¥2,539,792,220.55[38] Shareholder Information - The company has a total of 21,922 common shareholders at the end of the reporting period[9] - The largest shareholder, Jiajiayue Holding Group, holds 62.94% of the shares, amounting to 401,786,932 shares[10] - Shareholders' equity attributable to the parent company rose to ¥2,624,976,509.05, marking a 3.35% increase year-on-year[4] Store Operations - In Q1 2024, the company opened 12 new direct-operated stores and 8 new franchise stores, bringing the total number of stores to 1,065, including 999 direct-operated and 66 franchise stores[16] - The main business revenue from direct-operated stores in Shandong province reached CNY 383.81 million, a year-on-year increase of 8.63%, with a gross margin of 19.47%[25] - The total main business revenue from direct-operated stores was CNY 469.36 million, reflecting an 8.85% year-on-year growth, with an overall gross margin of 19.40%[26] - The revenue from the comprehensive supermarket format was CNY 284.96 million, showing a significant year-on-year increase of 10.96%[26] - The company closed 4 stores due to underperformance, with a total contract area of 2,602.58 square meters[35] Cash Flow and Expenses - The company’s cash and cash equivalents as of March 31, 2024, amounted to CNY 2.38 billion, down from CNY 2.52 billion at the end of 2023[31] - The company’s inventory as of March 31, 2024, was CNY 1.89 billion, a decrease from CNY 2.02 billion at the end of 2023[31] - The net cash flow from financing activities was negative at CNY -603,662,209.42, compared to a positive CNY 223,898,861.27 in the same period last year[48] - Cash inflow from investment activities reached CNY 201.20 million, compared to CNY 144.60 million in the prior year[60] - Cash outflow from investment activities was CNY 467.21 million, slightly higher than CNY 453.26 million in the previous period[60] - Cash received from the recovery of investments was CNY 200 million, up from CNY 140 million in the previous year[60] - Cash paid for the purchase of fixed assets and intangible assets was CNY 157.21 million, down from CNY 204.26 million[60] - Cash paid to employees decreased to CNY 474.08 million from CNY 546.60 million year-over-year[60] Research and Development - Research and development expenses decreased to CNY 3,281,409.41 from CNY 4,577,711.36, reflecting a reduction of approximately 28.3%[46] Financial Ratios - The weighted average return on equity decreased slightly to 5.71%, down by 0.99 percentage points from the previous year[1] - The weighted average return on net assets decreased by 0.99% due to an increase in net assets[40] - The gross margin for the community fresh food supermarket format was 18.68%, with a year-on-year decrease of 1.10%[26] - The company's financial expenses decreased to CNY 64,403,673.56 from CNY 66,917,122.27, reflecting a decline of about 3.8%[46] - The company reported goodwill of ¥253,277,962.50, unchanged from the previous period[36]