Financial Performance - Operating revenue for Q1 2024 was CNY 135,674,672.90, down 0.39% from CNY 136,211,806.67 in Q1 2023[11] - Net profit attributable to shareholders for Q1 2024 was CNY 4,194,141.88, representing a decline of 31.79% compared to CNY 6,149,022.37 in the same period last year[11] - The gross profit margin for Q1 2024 was approximately 5.4%, compared to 5.1% in Q1 2023, showing an improvement in profitability[37] - The total profit for Q1 2024 was ¥2,722,138.09, slightly lower than ¥4,376,432.23 in Q1 2023[41] - The total comprehensive income for Q1 2024 was ¥2,458,227.97, down from ¥4,453,890.45 in Q1 2023[42] Cash Flow - The net cash flow from operating activities was negative CNY 773,595.33, a decrease of 114.41% compared to CNY 5,370,242.83 in Q1 2023[11] - Operating cash flow for Q1 2024 was negative at -7,273,688.81, compared to a positive cash flow of 10,933,958.99 in Q1 2023[48] - The cash flow from operating activities was impacted by a total outflow of 107,524,721.84, compared to 90,032,035.47 in the previous year[47] - The company reported a cash flow net increase of -18,453,329.60 for Q1 2024, contrasting with a positive increase of 135,272,873.38 in Q1 2023[48] Assets and Liabilities - Total assets as of March 31, 2024, were CNY 513,062,845.04, a decrease of 1.55% compared to the end of 2023[11] - The company's asset-liability ratio (consolidated) improved to 16.12% from 18.25% year-over-year[11] - Current assets totaled $283,875,538.77 as of March 31, 2024, down from $290,370,567.96 on December 31, 2023, representing a decrease of approximately 3.4%[31] - Total liabilities decreased to CNY 44,086,793.01 as of March 31, 2024, down from CNY 64,830,549.70 at the end of 2023, representing a decline of approximately 31.8%[36] - Shareholders' equity increased to CNY 398,976,357.90 as of March 31, 2024, compared to CNY 396,374,266.92 at the end of 2023, indicating a growth of about 0.7%[36] Shareholder Information - The total number of ordinary shares at the end of the reporting period was 88,482,710, with 34.58% being unrestricted shares[18] - The top ten shareholders hold a total of 67,469,095 shares, representing 76.26% of the company's total shares[19] - The largest shareholder, Pan Rulong, holds 19,180,000 shares, accounting for 21.68% of the total shares[19] - The company has no shareholders with pledged or judicially frozen shares[21] Research and Development - Research and development expenses decreased by 31.74% to CNY 3,017,872.19 due to reduced usage of raw materials and personnel[12] - The company's R&D expenses in Q1 2024 were ¥3,017,872.19, down 31.8% from ¥4,421,166.70 in Q1 2023[41] Other Financial Metrics - The weighted average return on equity based on net profit attributable to shareholders was 0.98%, down from 1.81% in the previous year[11] - Non-recurring gains and losses for the period amounted to CNY 412,100.00, with a net amount of CNY 313,075.00 after tax[15] - The basic and diluted earnings per share for Q1 2024 were both ¥0.05, down from ¥0.08 in Q1 2023[39] - The company's financial expenses in Q1 2024 showed a significant decrease, with interest expenses at ¥14,039.07 compared to ¥397,151.12 in Q1 2023[41]
润普食品(836422) - 2024 Q1 - 季度财报