燕京啤酒(000729) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 3,586,956,685.47, representing a year-on-year increase of 1.72%[3] - Net profit attributable to shareholders for Q1 2024 was CNY 102,590,178.90, a significant increase of 58.90% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 102,645,374.18, reflecting an 81.72% year-on-year growth[3] - Basic earnings per share for Q1 2024 were CNY 0.0364, an increase of 58.95% compared to CNY 0.0229 in the same period last year[3] - The total comprehensive income attributable to the parent company was CNY 102.59 million, an increase from CNY 64.56 million year-over-year, reflecting a growth of about 58.8%[17] - The total revenue for the first quarter of 2024 was approximately CNY 4.30 billion, an increase from CNY 4.00 billion in the same period last year, representing a growth of about 7.4%[18] Cash Flow and Assets - The net cash flow from operating activities reached CNY 894,630,453.45, up 82.81% from the previous year[3] - Cash and cash equivalents at the end of the period reached CNY 2.08 billion, up from CNY 1.61 billion at the end of the previous year, marking an increase of approximately 28.9%[18] - The company's cash and cash equivalents increased to CNY 8,969,932,770.34 from CNY 7,211,697,954.81, reflecting a growth of approximately 24.4%[15] - The company reported a decrease in cash received from other operating activities, which was CNY 202.12 million compared to CNY 434.99 million in the previous year[18] - The cash outflow for purchasing goods and services was CNY 2.06 billion, down from CNY 2.28 billion in the same period last year, indicating a reduction of about 9.9%[18] Assets and Liabilities - Total assets at the end of Q1 2024 amounted to CNY 23,297,956,154.65, a 9.74% increase from the end of the previous year[3] - Current assets totaled CNY 13,609,914,605.01, an increase from CNY 11,554,797,608.53, indicating a growth of about 17.7%[15] - Total liabilities rose to CNY 8,175,384,211.51, compared to CNY 6,262,753,838.75, showing an increase of about 30.5%[15] - The company's inventory increased to CNY 4,090,193,809.66 from CNY 3,863,609,066.90, representing a rise of approximately 5.9%[15] - The company reported a significant increase in accounts payable, which rose to CNY 1,682,889,739.40 from CNY 1,239,330,059.74, an increase of approximately 35.8%[15] Shareholder Information - The total number of common shareholders at the end of the reporting period is 68,225, with the largest shareholder, Beijing Yanjing Beer Investment Co., Ltd., holding 57.40% of shares, totaling 1,617,727,568 shares[8] - The second largest shareholder, Hong Kong Central Clearing Limited, holds 2.95% of shares, amounting to 83,110,786 shares[8] - The top ten shareholders include various entities, with the largest individual shareholder, Tang Jianhua, holding 1.78% or 50,257,239 shares[9] - The company has a total of 297,607,894 preferred shares with restored voting rights[8] - The company has a total of 20,623,380 shares held by China Construction Bank Co., Ltd. - Penghua CSI Wine ETF, representing 0.73% of total shares[10] - The company has a total of 7,843,604 shares held by Agricultural Bank of China Co., Ltd. - CSI 500 ETF, representing 0.28% of total shares[10] Strategic Goals and Development - The company emphasized its commitment to high-quality development and strategic goals for 2024, focusing on innovation and reform[5] - The company has made changes in its consolidation scope, with the subsidiary Yanjing Beer (Hengyang) Co., Ltd. deregistering its controlling subsidiary, Yanjing Beer Hunan Marketing Co., Ltd.[12] - The company has applied for bank credit and plans to use its own funds for structured deposits[13] Research and Development - Research and development expenses for Q1 2024 were CNY 68,256,454.03, slightly down from CNY 69,347,235.02 in Q1 2023, a decrease of about 1.6%[16] Accounting and Reporting - The company did not report any net profit from subsidiaries prior to consolidation, consistent with the previous year[17] - The company has not yet adopted the new accounting standards for the current year[19] - The first quarter report was not audited[19]