老板电器(002508) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 2,237,194,615.74, representing a 2.75% increase compared to CNY 2,177,271,694.59 in the same period last year[3] - Net profit attributable to shareholders was CNY 398,415,708.31, up 2.49% from CNY 388,734,141.35 year-on-year[3] - Total operating revenue for Q1 2024 was CNY 2,237,194,615.74, an increase from CNY 2,177,271,694.59 in Q1 2023, representing a growth of approximately 2.76%[11] - Net profit attributable to shareholders for Q1 2024 was CNY 398,415,708.31, compared to CNY 388,734,141.35 in Q1 2023, reflecting an increase of about 2.03%[12] - Operating profit for Q1 2024 was CNY 465,826,743.30, slightly up from CNY 458,652,231.97 in Q1 2023, indicating a growth of around 2.54%[11] - The company reported a net profit of CNY 394,942,303.32 for Q1 2024, compared to CNY 386,954,815.39 in Q1 2023, indicating an increase of about 2.55%[11] - The total profit for Q1 2024 was CNY 465,451,147.91, slightly lower than CNY 458,750,725.30 in Q1 2023, indicating a decrease of about 0.65%[11] Cash Flow and Operating Activities - The net cash flow from operating activities decreased by 69.80%, amounting to CNY 54,887,609.62, primarily due to increased purchases and salary payments[5] - Cash flow from operating activities in Q1 2024 was CNY 2,537,149,798.98, compared to CNY 2,493,570,127.22 in Q1 2023, showing an increase of approximately 1.75%[13] - The company reported a total cash outflow from operating activities of ¥2,566,681,416.63, an increase of 6.2% from ¥2,417,127,157.25 in the same period last year[14] - The cash received from other operating activities was ¥84,400,250.90, compared to ¥101,227,450.57 in Q1 2023, indicating a decline of 16.6%[14] - The company incurred cash payments to employees totaling ¥342,453,569.98, an increase of 14.1% from ¥300,052,111.20 in the previous year[14] - The cash outflow for purchasing goods and services was ¥1,436,688,454.79, up from ¥1,325,932,721.72, reflecting an increase of 8.4%[14] Assets and Liabilities - Total assets at the end of the reporting period were CNY 15,689,511,406.14, a decrease of 6.50% from CNY 16,779,531,315.72 at the end of the previous year[3] - The total assets decreased from CNY 16,779,531,315.72 at the beginning of the year to CNY 15,689,511,406.14 by the end of the first quarter, representing a decline of approximately 6.5%[8] - Cash and cash equivalents decreased from CNY 1,985,050,745.11 to CNY 1,565,945,383.85, a reduction of about 21.0%[8] - Accounts receivable decreased from CNY 1,810,015,596.33 to CNY 1,649,351,522.74, reflecting a decline of approximately 8.9%[8] - Inventory decreased from CNY 1,524,274,720.24 to CNY 1,338,240,649.23, a decrease of about 12.2%[8] - Total current liabilities decreased from CNY 5,973,227,655.14 to CNY 4,489,842,303.09, a reduction of approximately 25.0%[9] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 51,077[6] - The largest shareholder, Hangzhou Boss Industry Group, held 49.68% of the shares, totaling 471,510,000 shares[6] Equity and Other Financial Metrics - The weighted average return on equity was 3.72%, down 0.2 percentage points from 3.92% in the previous year[3] - The total equity attributable to shareholders increased from CNY 10,522,938,731.68 to CNY 10,925,204,458.54, reflecting a growth of approximately 3.8%[9] - The company reported a decrease in other payables from CNY 755,964,919.76 to CNY 316,702,264.04, a decline of about 58.1%[9] - The company maintained a stable long-term investment in fixed assets, with a slight decrease from CNY 1,720,724,257.46 to CNY 1,696,825,798.95[8] - The company’s deferred tax assets increased from CNY 362,897,841.89 to CNY 389,606,216.81, an increase of approximately 7.3%[9] Government Subsidies and Other Income - The company recorded a government subsidy of CNY 33,962,790.08 during the reporting period[4] - Other comprehensive income attributable to shareholders for Q1 2024 was CNY -42,058.96, showing a decrease compared to the previous period[12] Audit Information - The company did not undergo an audit for the Q1 2024 report[16]