Revenue and Profitability - The company's operating revenue for Q1 2024 reached ¥1,841,609,961.04, representing a 45.30% increase compared to ¥1,267,468,108.10 in the previous period[6] - The company's net profit for the current period reached ¥100,538,681.31, an increase of 15.5% compared to ¥87,379,117.83 in the previous period[15] - Operating profit amounted to ¥118,879,779.09, up from ¥107,599,456.50, reflecting a growth of 10.6%[15] - Total revenue from sales of goods and services was ¥1,669,547,710.55, compared to ¥1,034,108,029.39 in the previous period, indicating a growth of 61.5%[16] - Net profit attributable to shareholders of the listed company was ¥100,538,681.31, up 15.06% from ¥87,379,117.83 year-on-year[32] - The basic earnings per share for the period was ¥0.25, an increase of 4.17% compared to ¥0.24 in the previous year[32] Expenses and Costs - Operating costs increased by 47.10% to ¥1,178,682,268.37 from ¥801,277,328.84, primarily due to expanded sales volume[6] - Sales expenses rose by 55.43% to ¥448,746,166.27, attributed to increased platform transaction fees and advertising costs due to higher sales scale[6] - Management expenses increased by 44.88% to ¥67,805,542.50, mainly due to a rise in personnel costs[6] - Financial expenses surged by 153.67% to ¥25,544,118.79, primarily due to foreign exchange losses[6] - The company reported a decrease in income tax expenses to ¥18,399,816.76 from ¥20,064,067.96, a reduction of 8.3%[15] Cash Flow - Cash flow from operating activities generated ¥438,359,012.44, a significant increase from ¥258,504,025.33, representing a growth of 69.5%[16] - The net cash flow from operating activities was ¥438,359,012.44, compared to ¥258,504,025.33, showing a substantial increase[16] - Cash inflow from investment activities totaled ¥675,044,107.43, significantly higher than ¥180,236,930.77 in the previous period[16] - The net cash flow from investing activities improved by 36.70%, with a net outflow of ¥129,285,415.76 compared to ¥204,241,822.46 in the previous period, attributed to changes in cash management scale[53] - The net cash flow from financing activities showed a drastic decline of 306.55%, resulting in a net outflow of ¥434,175,873.48 compared to ¥106,794,494.94 previously, mainly due to increased repayment of maturing notes[53] Assets and Liabilities - Total assets rose to ¥5,732,399,869.65 from ¥5,581,340,714.54, reflecting overall growth in the company's financial position[13] - Current liabilities decreased slightly to ¥1,800,040,478.37 from ¥1,809,108,436.69, indicating stable short-term financial management[13] - Non-current assets decreased to ¥2,279,723,316.16 from ¥2,423,899,506.63, suggesting a reduction in long-term investments[13] - The total liabilities rose to ¥2,513,073,984.79 from ¥2,460,369,915.45, reflecting an increase in non-current liabilities to ¥713,033,506.42 from ¥651,261,478.76[60] - The equity attributable to shareholders of the listed company was ¥3,219,325,884.86, which is a 3.15% increase from ¥3,120,970,799.09 at the end of the previous year[32] Investments - Investment income saw a significant increase of 234.76%, reaching ¥15,035,111.70 compared to ¥4,491,269.83 in the previous period, driven by increased investment scale for cash management[6] - The company's investment cash outflow totaled ¥804,329,523.19, compared to ¥384,478,753.23 in the previous period, indicating a significant increase in investment activities[63] Other Information - The company received government subsidies amounting to ¥746,877.02 during the reporting period[36] - The company did not classify any non-recurring gains and losses as regular gains and losses[51] - The first quarter report was not audited[46] - The company plans to implement a restricted stock incentive plan for 2024, which was approved by the board and shareholders[57] - The company recorded a significant decrease in employee compensation payable, down 49.86% to ¥33,352,357.36 from ¥66,523,038.28, primarily due to the payment of last year's year-end bonuses[52] - The company's other current assets increased by 34.87% to ¥334,570,895.70 from ¥248,068,681.78, mainly due to an increase in short-term investments[52] - The company's total revenue for the first quarter of 2024 reached ¥1,841,609,961.04, representing a 45.30% increase compared to ¥1,267,468,108.10 in the same period last year[32] - The cash and cash equivalents at the end of the period decreased to ¥406,968,885.00 from ¥595,099,911.24, reflecting a net decrease of ¥125,461,507.57[63] - The weighted average return on equity of the company was 3.17%, down 1.55% from 4.72% in the previous year[32]
致欧科技(301376) - 2024 Q1 - 季度财报