宝立食品(603170) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 624,083,305.73, representing a year-on-year increase of 15.72%[5] - The net profit attributable to shareholders decreased by 20.36% to CNY 60,796,433.20 compared to the same period last year[5] - Basic and diluted earnings per share were both CNY 0.15, down 21.05% year-on-year[5] - Net profit for Q1 2024 was ¥67,094,007.67, a decrease of 14.4% from ¥78,405,473.64 in Q1 2023[19] - Earnings per share for Q1 2024 were ¥0.15, down from ¥0.19 in Q1 2023[20] Cash Flow and Liquidity - The net cash flow from operating activities increased by 29.06% to CNY 77,236,982.08[5] - Cash flow from operating activities in Q1 2024 was ¥693,090,864.23, compared to ¥653,415,923.33 in Q1 2023, reflecting a growth of 6.1%[22] - The net cash flow from operating activities for Q1 2024 was $77,236,982.08, an increase of 28.96% compared to $59,843,709.88 in Q1 2023[23] - Total cash inflow from operating activities amounted to $717,088,414.93, while cash outflow was $639,851,432.85, resulting in a net cash inflow of $77,236,982.08[23] - The ending balance of cash and cash equivalents was $557,653,854.70, up from $488,380,288.24 at the beginning of the period[24] Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 1,971,723,069.95, up 3.76% from the end of the previous year[6] - The company's total assets amounted to RMB 1,971,723,069.95, an increase from RMB 1,900,213,941.21 as of December 31, 2023, reflecting a growth of approximately 3.8%[14] - Total liabilities as of Q1 2024 amounted to ¥405,920,213.33, slightly up from ¥401,505,092.26 in Q1 2023[17] - The total current liabilities include short-term borrowings of RMB 50,000,000.00, with no previous balance reported[15] Shareholder Information - The total number of common shareholders at the end of the reporting period was 12,325[10] - The largest shareholder, Hangzhou Zhenpin Zhixin Investment Partnership, held 30.60% of the shares, totaling 122,400,000 shares[10] - Shareholders' equity attributable to the parent company increased by 4.50% to CNY 1,413,211,007.59[6] Operational Highlights - The company continues to focus on its core business operations without any new strategic initiatives or product developments mentioned in the report[13] - There are no significant reminders or alerts for investors regarding the company's operational status during the reporting period[13] - The company has not reported any significant changes in the top 10 shareholders or their participation in financing activities[12] Expenses and Financial Metrics - Total operating costs for Q1 2024 were ¥545,990,385.85, up 17.7% from ¥463,874,165.02 in Q1 2023[18] - Research and development expenses for Q1 2024 were ¥12,051,902.90, compared to ¥11,798,161.28 in Q1 2023, indicating a slight increase[18] - The company reported a financial expense of -¥1,121,499.35 in Q1 2024, an improvement from -¥1,375,493.57 in Q1 2023[18] - Tax payments amounted to $77,203,727.75, compared to $67,579,585.08 in Q1 2023, reflecting a year-over-year increase of 15.99%[23] Asset Management - The company's cash and cash equivalents increased to RMB 560,653,854.70 from RMB 491,380,288.24, representing a growth of about 14.1%[14] - Accounts receivable decreased to RMB 269,077,815.68 from RMB 290,064,293.37, indicating a decline of approximately 7.2%[14] - Inventory decreased to RMB 251,611,683.61 from RMB 266,759,521.41, showing a reduction of about 5.7%[15] - The company's non-current assets totaled RMB 761,718,089.90, up from RMB 738,283,154.38, marking an increase of approximately 3.2%[15] - The company reported other receivables of RMB 15,292,605.14, an increase from RMB 3,745,996.28, indicating a significant rise[15] Investment Activities - Cash inflow from investment activities was $48,163,942.75, while cash outflow was $106,127,358.37, leading to a net cash outflow of $57,963,415.62[23] - The company received $50,000,000.00 from borrowings in Q1 2024, resulting in a net cash flow from financing activities of $50,000,000.00[24] - The company did not report any cash inflow from the issuance of new shares or other financing activities in Q1 2024[24] - The cash outflow for the purchase of fixed assets and intangible assets was $45,097,510.97, down from $61,540,665.21 in the previous year[23]