丽江股份(002033) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥179,930,044.26, a slight decrease of 0.05% compared to ¥180,011,667.44 in the same period last year[5] - Net profit attributable to shareholders increased by 1.11% to ¥55,813,358.84 from ¥55,203,027.44 year-on-year[5] - Net profit for Q1 2024 reached CNY 62,834,257.36, an increase of 1.60% from CNY 61,841,035.04 in Q1 2023[22] - The net profit attributable to the parent company was CNY 55,813,358.84, up from CNY 55,203,027.44, marking a growth of 1.10%[23] - Earnings per share for Q1 2024 were CNY 0.1016, compared to CNY 0.1005 in the same period last year, indicating an increase of 1.09%[23] - The weighted average return on equity slightly decreased to 2.20% from 2.26% year-on-year[5] Cash Flow - The net cash flow from operating activities decreased by 23.41% to ¥83,155,380.53, down from ¥108,570,714.05 in the previous year[5] - Cash generated from operating activities was CNY 213,808,346.36, slightly higher than CNY 210,659,719.42 in Q1 2023, reflecting a growth of 1.02%[24] - The total cash outflow from operating activities was ¥137,840,314.78, an increase of 27.2% from ¥108,433,981.39 in Q1 2023[25] - The company reported a net increase in cash and cash equivalents of ¥188,486,733.42, compared to ¥54,569,703.94 in the previous year[26] - The ending balance of cash and cash equivalents reached ¥810,947,188.80, up from ¥675,788,191.63 at the end of Q1 2023[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,978,555,138.13, reflecting a 1.86% increase from ¥2,924,033,562.78 at the end of the previous year[5] - Total current assets increased to ¥878,835,969.82 from ¥849,340,214.78, reflecting a rise of about 3.5%[18] - Non-current assets totaled ¥2,099,719,168.31, up from ¥2,074,693,348.00, indicating an increase of approximately 1.2%[18] - The total liabilities decreased to CNY 280,045,731.84 from CNY 288,495,621.23, a reduction of 2.57%[22] - Total equity increased to CNY 2,698,509,406.29 from CNY 2,635,537,941.55, representing a growth of 2.39%[22] Investments - Investment income rose by 34.69% to ¥87,740, primarily due to improved profitability from joint ventures compared to the previous year[11] - The net cash flow from investing activities surged by 294.69% to ¥15,913,590, mainly due to the recovery of ¥130,000,000 in structured deposits[12] - Total cash inflow from investment activities was ¥166,465,448.48, significantly up from ¥14,001,000.00 in the same period last year[25] - The net cash flow from investment activities improved to ¥105,134,852.89, compared to a negative cash flow of ¥54,001,010.11 in Q1 2023[25] - The company received ¥165,000,000.00 from investment recoveries, a substantial increase from ¥14,000,000.00 in the previous year[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 54,785[13] - The largest shareholder, Lijiang Yulong Snow Mountain Tourism Development Co., Ltd., holds 15.73% of shares, totaling 86,438,390 shares[13] - The company has a pledge of 39,370,500 shares by Huabang Life Health Co., Ltd., which represents 14.26% of its holdings[13] Operational Insights - The company reported cash and cash equivalents of ¥810,947,188.80, an increase from ¥622,460,455.38 at the beginning of the period, representing a growth of approximately 30.4%[18] - Contract liabilities increased by 111.39% to ¥4,741,700, attributed to an increase in customer traffic and booking amounts[10] - The company reported a decrease in sales expenses to CNY 5,265,362.06 from CNY 6,164,511.06, a reduction of 14.55%[22] - The company’s financial expenses showed an improvement, with a net income of CNY -897,924.79 compared to CNY -1,201,038.18 in the previous year, indicating a decrease in financial costs[22] - The company has not disclosed any significant new product developments or market expansion strategies in this report[16] Audit and Compliance - The company has not undergone an audit for the Q1 2024 report[27] - The company is implementing new accounting standards starting in 2024, which may affect future financial reporting[27]