玉禾田(300815) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 reached ¥1,701,833,770.84, representing a 20.06% increase compared to ¥1,417,440,466.98 in the same period last year[5] - Net profit attributable to shareholders was ¥147,680,676.89, up 5.59% from ¥139,861,867.65 year-on-year[5] - Basic earnings per share increased to ¥0.3705, reflecting a 5.59% rise from ¥0.3509 in the same period last year[5] - Total operating revenue for Q1 2024 reached ¥1,701,833,770.84, an increase of 19.97% compared to ¥1,417,440,466.98 in the same period last year[22] - The net profit for Q1 2024 was CNY 170,068,851.15, an increase of 7.4% compared to CNY 157,493,392.21 in Q1 2023[24] - The total operating profit of CNY 216,718,456.19, which is an increase from CNY 204,036,739.22 in Q1 2023, marking a growth of 6.5%[24] Cash Flow and Liquidity - The net cash flow from operating activities was -¥39,942,641.05, a decline of 196.57% compared to ¥41,360,454.32 in the previous year[11] - The cash flow from operating activities was not detailed, but the significant changes in cash and equivalents indicate potential liquidity challenges[20] - The cash and cash equivalents decreased to ¥753,246,530.83 from ¥1,121,077,779.48, reflecting a decline of 32.77%[20] - The net cash flow from operating activities was negative at CNY -39,942,641.05, compared to a positive CNY 41,360,454.32 in the same period last year[26] - The cash and cash equivalents at the end of the period decreased to CNY 742,476,525.39 from CNY 859,460,738.48, a decline of 13.6%[27] - The company’s cash flow from financing activities improved by 113.54%, amounting to ¥10,515,295.69, compared to -¥77,637,211.09 in the previous year[11] - The net cash flow from financing activities was positive at CNY 10,515,295.69, compared to a negative CNY -77,637,211.09 in the same period last year[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥7,444,256,872.52, a 1.40% increase from ¥7,341,247,766.16 at the end of the previous year[5] - Total liabilities decreased to ¥3,212,584,216.27 from ¥3,283,643,961.07, a reduction of 2.16%[21] - The company's equity attributable to shareholders rose to ¥3,769,301,052.46, an increase of 4.09% from ¥3,621,620,375.57[21] Expenses - Research and development expenses surged by 91.08% to ¥10,451,849.39, compared to ¥5,469,944.89 in the previous year, due to increased personnel and material costs[10] - The company reported a 54.72% increase in selling expenses, totaling ¥24,504,432.56, attributed to enhanced market expansion efforts[10] - Total operating costs for Q1 2024 were ¥1,470,346,574.06, up 21.00% from ¥1,215,986,734.52 in Q1 2023[22] - Research and development expenses increased to ¥10,451,849.39, a rise of 91.06% compared to ¥5,469,944.89 in the previous year[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 20,364[14] - The largest shareholder, Tibet Tianzhirun Investment Management Co., Ltd., holds 47.92% of shares, totaling 190,986,601 shares, with 36,834,000 shares pledged[14] - The second-largest shareholder, Tibet Yuneng Environmental Technology Co., Ltd., holds 12.13% of shares, totaling 48,350,000 shares[14] - Wang Dongyan, a significant shareholder, has 9,862,704 shares, representing 2.47% of the total[14] - The total number of restricted shares at the beginning of the period was 10,800,000, with 2,700,000 shares released during the period, leaving 9,017,892 restricted shares at the end[17] - Wang Dongyan's restricted shares decreased from 8,640,000 to 7,397,028 after a release of 2,160,000 shares[16] - There are no significant changes in the top 10 shareholders due to margin trading activities[15] Investment Activities - Investment income rose significantly by 270.75% to ¥1,115,246.67, up from ¥300,809.11 in the previous year[10] - The total cash outflow from investing activities was CNY 692,715,155.89, significantly higher than CNY 313,894,316.86 in the previous year, indicating increased investment activity[27] Market and Product Development - The company has not disclosed any new product developments or market expansion strategies in the current report[18] - The company has not reported any mergers or acquisitions in the current quarter[18] - The company is focusing on expanding its market presence and enhancing its product offerings, although specific new products or technologies were not disclosed in the report[22]