兔宝宝(002043) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥1,482,677,481.07, representing a 33.37% increase compared to ¥1,111,734,656.89 in the same period last year[5] - Net profit attributable to shareholders was ¥88,547,928.30, an increase of 18.81% from ¥74,532,065.50 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥80,377,012.20, up 38.34% from ¥58,100,032.37 in the previous year[5] - The total operating revenue for Q1 2024 was CNY 1,482,677,481.07, an increase of 33.3% compared to CNY 1,111,734,656.89 in the same period last year[23] - The net profit attributable to the parent company for Q1 2024 was CNY 88,547,928.30, representing a 18.8% increase from CNY 74,532,065.50 in Q1 2023[24] - The total comprehensive income for the first quarter of 2024 was CNY 89,530,905.50, an increase from CNY 73,094,805.83 in the same period last year, representing a growth of approximately 22.5%[25] - Basic and diluted earnings per share for the first quarter were both CNY 0.11, up from CNY 0.10 in the previous year, indicating a 10% increase[25] Assets and Liabilities - The company's total assets decreased by 16.43% to ¥5,330,644,345.86 from ¥6,378,570,014.95 at the end of the previous year[5] - The total assets decreased to CNY 5,330,644,345.86 in Q1 2024 from CNY 6,378,570,014.95 in Q1 2023, a decline of 16.4%[21] - The total liabilities decreased to CNY 1,988,192,477.55 in Q1 2024 from CNY 3,033,802,613.73 in Q1 2023, a decline of 34.5%[21] - The total equity attributable to shareholders of the parent company was CNY 3,204,183,541.32 in Q1 2024, slightly down from CNY 3,207,145,328.20 in Q1 2023[21] Cash Flow - The net cash flow from operating activities was negative at -¥881,239,931.27, a decrease of 1,018.81% compared to -¥78,766,114.75 in the same period last year[5] - Cash inflow from operating activities was CNY 1,496,544,870.06, compared to CNY 1,339,093,385.23 in the previous year, reflecting a growth of about 11.8%[26] - The net cash outflow from operating activities was CNY -881,239,931.27, worsening from CNY -78,766,114.75 in the same period last year[28] - Cash outflow for purchasing goods and services was CNY 1,951,218,471.03, significantly higher than CNY 1,038,999,066.89 in the previous year, indicating an increase of approximately 88%[28] - The net cash flow from investing activities was CNY -178,890,283.77, a decline from CNY 17,679,850.44 in the previous year[28] - Cash flow from financing activities resulted in a net outflow of CNY -140,263,076.76, compared to a net inflow of CNY 383,726,118.45 in the same period last year[28] Shareholder Information - The total number of common shareholders at the end of the reporting period is 63,432[14] - The largest shareholder, Dehua Group Holdings, holds 35.84% of shares, totaling 300,773,456 shares, with 84,000,000 shares pledged[14] - The company has a total of 229,344,885 unrestricted shares held by the top shareholders[15] - The company’s largest shareholder, Dehua Group Holdings, is also the controlling shareholder, with associated parties being Ding Hongmin and Dehua Venture Capital[15] - The company has approved a share repurchase plan to maintain company value and shareholder rights[16] - The company plans to repurchase shares with a total amount not less than RMB 100 million and not exceeding RMB 200 million, with a maximum repurchase price of RMB 13.60 per share[16] - As of March 28, 2024, the company has repurchased a total of 10,633,361 shares, accounting for 1.27% of the total share capital, with a total transaction amount of RMB 100,000,772.53[17] - The company repurchased 1,063.36 million shares, resulting in an increase of 76.23% in treasury stock[9] Financial Management - The company reported a 33.37% increase in operating income, primarily driven by a 36.1% growth in decorative materials business revenue[10] - The company’s financial expenses decreased by 323.35% due to increased interest income and reduced interest payments on working capital loans[11] - The cash flow from investing activities decreased by 1,111.83% due to increased cash payments for fixed asset purchases[12] - Research and development expenses for Q1 2024 were CNY 13,380,134.69, a decrease of 6.3% compared to CNY 14,282,350.88 in Q1 2023[24] - The company reported a financial income of CNY 6,988,267.93 in Q1 2024, significantly higher than CNY 1,359,113.85 in Q1 2023[24] Audit and Mergers - The company did not undergo an audit for the first quarter report[30] - The report indicates that there were no profits from merged entities prior to the merger[25]