CBMT(SH:603099)2024-04-25 07:34Financial Performance - Revenue increased by 83.73% due to an increase in tourist numbers during the reporting period[20] - The total operating revenue for Q1 2024 was CNY 127,892,929.08, representing an increase of 83.73% compared to the same period last year[44] - The net profit attributable to shareholders of the listed company for Q1 2024 was CNY 10,701,671.60, a significant recovery from a net loss of CNY 4,136,309.72 in Q1 2023[39] - The total comprehensive income attributable to the parent company's shareholders for Q1 2024 was CNY 10,701,671.60, a significant recovery from a loss of CNY 4,136,309.72 in the same period last year[29] - The basic and diluted earnings per share for Q1 2024 were both CNY 0.04, compared to CNY -0.02 in Q1 2023[29] Assets and Liabilities - Total assets decreased by 1.63% to ¥1,211,859,454.26 compared to the previous period[4] - Total liabilities decreased from ¥192,793,388.29 to ¥160,929,040.98, a decrease of approximately 16.5%[10] - Total current assets were CNY 319,960,901.96, down from CNY 329,395,926.04 at the end of the previous year[35] - Total non-current assets were CNY 891,898,552.30, compared to CNY 902,541,144.38 at the end of the previous year[35] - Non-current liabilities remained stable at approximately ¥62,282,830.90[10] Cash Flow - The net cash flow from operating activities for Q1 2024 was negative CNY 10,452,328.61, compared to a positive CNY 5,935,375.50 in Q1 2023[31] - The company reported a total cash outflow from operating activities of CNY 153,688,138.50 in Q1 2024, compared to CNY 64,741,538.22 in Q1 2023[31] - The company reported a net increase in cash and cash equivalents of CNY -19,199,804.40 for Q1 2024, compared to an increase of CNY 2,127,426.95 in the same period last year[42] - The company’s cash flow from investing activities showed a net outflow of CNY 7,583,603.24 in Q1 2024, compared to CNY 2,830,604.44 in Q1 2023[31] - The company’s cash flow from financing activities resulted in a net outflow of CNY 1,163,872.55 in Q1 2024, compared to CNY 977,344.11 in Q1 2023[31] Shareholder Information - Equity attributable to shareholders increased by 1.13% to ¥1,050,930,413.28[4] - The total number of ordinary shareholders at the end of the reporting period was 44,807[20] - The total equity attributable to the parent company's shareholders reached CNY 1,050,930,413.28, an increase from CNY 1,039,143,682.13 in the previous year[27] Future Outlook and Strategy - Future outlook includes strategic initiatives aimed at market expansion and enhancing user engagement through new product offerings[53] - The company aims to achieve a revenue growth target of 15% year-over-year for the upcoming fiscal year[53] - New strategies will be implemented to optimize marketing efforts and improve brand visibility in key markets[53] - The board emphasized the importance of sustainability initiatives in future business strategies to align with market trends[53] - Financial guidance for the next quarter includes an expected EBITDA margin improvement of 5%[53] Operational Efficiency - The company reported a consolidated cash flow statement indicating improved liquidity and operational efficiency[52] - User data indicates a growth in customer base, with a notable increase in repeat visitors contributing to revenue stability[53] - The company is focusing on research and development of innovative technologies to enhance customer experience and operational capabilities[53] - There is a commitment to exploring potential mergers and acquisitions to strengthen market position and diversify service offerings[53] Cost Management - The total operating costs for Q1 2024 were CNY 110,864,258.63, up from CNY 73,905,534.94 in Q1 2023[46] - Accounts payable decreased from ¥38,512,565.81 to ¥28,948,849.56, a reduction of approximately 24.5%[10] - Contract liabilities decreased from ¥2,333,558.13 to ¥1,350,114.00, a decrease of approximately 42.2%[10] - Employee compensation payable decreased from ¥47,498,763.67 to ¥28,589,428.76, a reduction of approximately 40%[10]