AUPU(SH:603551)2024-04-23 10:41Financial Performance - The company's operating revenue for Q1 2024 was CNY 381,444,010, representing a year-on-year increase of 10.06%[6] - The net profit attributable to shareholders for the same period was CNY 52,037,119, reflecting a growth of 9.82% compared to the previous year[6] - The basic earnings per share (EPS) was CNY 0.13, which is an increase of 8.33% year-on-year[6] - Total operating revenue for Q1 2024 reached CNY 381,444,010, an increase of 10.0% compared to CNY 346,592,163 in Q1 2023[20] - Net profit for Q1 2024 reached 54,925,856.07 RMB, compared to 47,146,780.70 RMB in Q1 2023, marking an increase of about 16.0%[22] - Operating profit for Q1 2024 was 63,094,633.92 RMB, up from 53,422,114.53 RMB in the same period last year, reflecting a growth of approximately 18.5%[21] - Total comprehensive income for Q1 2024 was 67,490,428.73 RMB, compared to 56,687,846.42 RMB in Q1 2023, representing an increase of approximately 18.5%[22] - Basic earnings per share for Q1 2024 were 0.13 RMB, up from 0.12 RMB in Q1 2023, reflecting a growth of about 8.3%[22] Assets and Liabilities - The total assets at the end of Q1 2024 were CNY 2,418,595,034.06, a decrease of 2.85% from the end of the previous year[7] - Total current assets amounted to CNY 1,581,026,630.58, down 3.8% from CNY 1,643,788,597.27 as of December 31, 2023[16] - Total liabilities decreased to CNY 682,163,031.48 from CNY 832,206,946.44, a reduction of 18.0%[18] - Total assets as of March 31, 2024, were CNY 2,418,595,034.06, down from CNY 2,489,639,454.39[18] - Non-current assets totaled CNY 837,568,403.48, a slight decrease from CNY 845,850,857.12[17] - The company's retained earnings increased to CNY 483,125,190.84 from CNY 409,248,213.79, reflecting a growth of 18.0%[18] - The inventory balance rose to CNY 183,671,955.55, up from CNY 179,557,971.37, an increase of 2.5%[16] - The company's short-term borrowings decreased significantly to CNY 1,250,000 from CNY 2,050,000, a decline of 39.0%[18] - The total equity attributable to shareholders increased to CNY 1,680,693,693.60 from CNY 1,604,582,935.79, an increase of 4.7%[18] Cash Flow - The net cash flow from operating activities was negative at CNY -101,088,730.08, which is not applicable for year-on-year comparison[6] - The company reported a net cash outflow from operating activities of -101,088,730.08 RMB in Q1 2024, slightly improved from -105,065,355.67 RMB in Q1 2023[25] - Cash and cash equivalents decreased to CNY 1,190,460,788.94 from CNY 1,273,365,923.14, a decline of 6.5%[16] - Cash and cash equivalents at the end of Q1 2024 were 1,178,222,122.64 RMB, down from 1,043,869,738.88 RMB at the end of Q1 2023[26] - Investment activities generated a net cash inflow of 30,721,798.65 RMB in Q1 2024, compared to 23,835,024.89 RMB in Q1 2023, indicating an increase of approximately 28.5%[26] - The company experienced a decrease in cash inflow from financing activities, with a net cash outflow of -12,414,162.00 RMB in Q1 2024, compared to a net inflow of 14,890,260.00 RMB in Q1 2023[26] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,302[11] - The largest shareholder, TRICOSCO LIMITED, holds 61.94% of the shares, totaling 248,589,449 shares[11] Government Subsidies - The company received government subsidies amounting to CNY 5,649,941.78, which are closely related to its normal business operations[8] Research and Development - Research and development expenses for Q1 2024 amounted to 23,795,622.39 RMB, compared to 21,811,621.28 RMB in Q1 2023, indicating an increase of about 9.1%[21] Return on Equity - The weighted average return on equity (ROE) was 3.18%, an increase of 0.15 percentage points from the previous year[6]