祖名股份(003030) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 380,991,172.96, representing a 17.26% increase compared to CNY 324,913,851.05 in the same period last year[3] - Net profit attributable to shareholders for Q1 2024 was CNY 9,705,935.81, a 3.93% increase from CNY 9,339,344.14 in the previous year[3] - Basic and diluted earnings per share for Q1 2024 were both CNY 0.08, reflecting a 14.29% increase from CNY 0.07 in the previous year[3] - The net profit after deducting non-recurring gains and losses was CNY 9,421,874.27, a 7.04% increase from CNY 8,802,045.26 in the same period last year[3] - The company's net profit margin for Q1 2024 was impacted by increased operating costs, with a significant rise in sales expenses to RMB 54,615,915.10, compared to RMB 48,520,971.77 in the previous year[15] - The net profit for Q1 2024 is CNY 6,915,363.06, a decrease of 20.2% compared to CNY 8,699,693.73 in Q1 2023[16] - Operating profit for Q1 2024 is CNY 8,489,783.85, down from CNY 11,824,824.14 in the same period last year, reflecting a decline of 28.5%[16] - Total revenue from sales in Q1 2024 reached CNY 409,739,080.94, an increase of 11.9% compared to CNY 365,824,325.63 in Q1 2023[18] Cash Flow and Assets - The net cash flow from operating activities decreased by 123.92%, resulting in a negative cash flow of CNY -6,810,309.14, compared to a positive CNY 28,471,039.59 in the same period last year[5] - Cash and cash equivalents decreased to RMB 140,543,226.97 as of March 31, 2024, down from RMB 194,852,508.42 at the beginning of the year, reflecting a decline of 28%[12] - Cash and cash equivalents at the end of Q1 2024 stand at CNY 140,399,074.78, down from CNY 226,008,140.07 at the end of Q1 2023[19] - The company reported a net cash flow from financing activities of CNY 52,719,998.93 in Q1 2024, compared to CNY 11,729,303.58 in Q1 2023, indicating a significant increase[19] - The total cash outflow from investing activities in Q1 2024 is CNY 98,450,693.54, compared to CNY 111,332,790.87 in Q1 2023, showing a decrease of 11.5%[18] - The company experienced a decrease in other cash-related activities, with cash received from other operating activities at CNY 10,674,527.47, down from CNY 13,731,438.40 in Q1 2023[18] Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 2,077,318,537.80, up 2.56% from CNY 2,025,440,116.89 at the end of the previous year[3] - Non-current liabilities decreased to RMB 333,499,238.15 from RMB 349,392,431.20, indicating a reduction of 4.5%[13] - The company's inventory increased to RMB 94,093,284.47, up from RMB 79,780,787.74, reflecting a rise of 17.9%[12] - The company's retained earnings increased to RMB 382,363,762.59 from RMB 372,657,826.78, showing a growth of 2%[14] - The total number of ordinary shareholders at the end of the reporting period was 9,218[6] Operational Developments - The company completed the relocation and construction of its wholly-owned subsidiary, Yangzhou Zunming Douzhi Co., Ltd., with the new factory passing inspection and obtaining a new business license[9] - The company has repurchased 1,125,000 shares, representing 0.90% of total share capital, with a total expenditure of RMB 14,999,275.86 as of March 31, 2024[10] - The company plans to utilize a total of RMB 1,500,000 to RMB 3,000,000 for share repurchase within a 12-month period[10] - The company has not reported any new product launches or significant market expansion strategies during this quarter[20]