中粮糖业(600737) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 reached ¥7,811,511,659.43, representing a year-on-year increase of 62.84%[4] - Net profit attributable to shareholders of the listed company was ¥440,367,212.69, up 60.71% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥387,042,517.57, reflecting a 44.91% increase year-on-year[4] - Basic and diluted earnings per share were both ¥0.2059, marking a 60.73% increase from the previous year[4] - Total revenue for Q1 2024 reached ¥7,811,511,659.43, a significant increase of 63.0% compared to ¥4,797,018,528.13 in Q1 2023[18] - The net profit for Q1 2024 was approximately ¥448.63 million, a significant increase of 60.7% compared to ¥279.11 million in Q1 2023[19] - The company's net profit margin improved, with total operating income of ¥7,811,511,659.43 against total operating costs of ¥7,343,642,728.72, resulting in a profit margin of approximately 6.0%[18] Assets and Liabilities - The company's total assets at the end of Q1 2024 amounted to ¥24,282,502,239.94, a 13.05% increase from the end of the previous year[5] - The company's total assets rose to ¥24,282,502,239.94 in Q1 2024, up from ¥21,478,747,553.82 in Q1 2023, marking an increase of 13.1%[17] - Current liabilities increased to ¥12,101,162,616.06 in Q1 2024, compared to ¥9,336,431,351.73 in Q1 2023, representing a growth of 29.9%[17] - The total liabilities for the company reached ¥12,384,738,021.94 in Q1 2024, up from ¥9,643,641,974.44 in Q1 2023, an increase of 28.5%[17] - The total liabilities reached ¥13,155,639,723.68, compared to ¥9,342,545,429.73 at the end of 2023, reflecting an increase of approximately 41%[24] Cash Flow - The net cash flow from operating activities was negative at -¥1,008,616,578.09, indicating a change in cash collection situation[4] - The cash flow from operating activities showed a net outflow of approximately ¥1.01 billion, an improvement from a net outflow of ¥3.12 billion in Q1 2023[21] - The investment activities generated a net cash outflow of approximately ¥172.77 million, a decrease from a net inflow of ¥827.82 million in Q1 2023[22] - The financing activities resulted in a net cash inflow of approximately ¥2.78 billion, down from ¥3.15 billion in the same quarter last year[22] - The net cash outflow from operating activities was approximately -$2.37 billion, compared to -$2.13 billion in the same period last year, indicating a deterioration of 11.3%[28] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 93,437[9] - There were no significant changes in the top 10 shareholders or their participation in margin financing activities during the reporting period[12] Research and Development - Research and development expenses increased to ¥21,003,851.85 in Q1 2024, compared to ¥8,889,403.07 in Q1 2023, reflecting a growth of 136.5%[18] - The company's R&D expenses for Q1 2024 were ¥264,150.94, indicating ongoing investment in innovation[26] Other Financial Metrics - The company's weighted average return on equity increased by 1.17 percentage points to 3.85%[4] - Deferred tax assets increased to ¥437,098,928.93 in Q1 2024 from ¥390,927,839.51 in Q1 2023, indicating a growth of 11.8%[17] - The company's equity attributable to shareholders rose to ¥11,652,301,403.50 in Q1 2024, compared to ¥11,602,786,613.21 in Q1 2023, a slight increase of 0.4%[17] Inventory and Current Assets - The company's inventory stood at RMB 10,311,500,428.33, up from RMB 9,679,244,577.52, representing a growth of approximately 6.5%[14] - The total current assets reached RMB 18,449,232,884.92, compared to RMB 15,698,588,263.28 at the end of 2023, indicating an increase of about 11.1%[14] - Current assets rose to ¥16,765,614,917.75, compared to ¥12,980,696,132.77 at the end of 2023, marking an increase of about 29%[24] Comprehensive Income - The company reported a total comprehensive income attributable to the parent company of approximately ¥49.51 million, compared to a loss of ¥533.48 million in the previous year[20] - Other comprehensive income for Q1 2024 was reported at -¥28,045,564.98, a significant decrease from -¥133,211,265.77 in Q1 2023[27] Accounting Standards - The company has not adopted new accounting standards or interpretations that would affect the financial statements for the current year[29]