地素时尚(603587) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥537,364,351.89, representing a decrease of 11.98% compared to the same period last year[6]. - The net profit attributable to shareholders for Q1 2024 was ¥110,104,699.50, down 33.03% year-over-year[6]. - Basic earnings per share for Q1 2024 were ¥0.23, reflecting a decline of 32.35% compared to the previous year[7]. - The company reported a significant decline in both net profit and cash flow, attributed to decreased revenue and increased expenses[10]. - The company reported a net profit margin of approximately 22.00% for Q1 2024, compared to 27.55% in Q1 2023, indicating a decline in profitability[19]. - In Q1 2024, the net profit attributable to the parent company was CNY 110,104,699.50, a decrease of 33.0% compared to CNY 164,407,921.82 in Q1 2023[20]. - Operating profit for Q1 2024 was CNY 147,170,480.06, slightly down from CNY 149,990,128.72 in Q1 2023, reflecting a decrease of 1.9%[20]. - Total revenue from operating activities in Q1 2024 was CNY 636,503,401.40, down from CNY 742,438,952.58 in Q1 2023, indicating a decline of 14.3%[22]. - The company reported a total comprehensive income of CNY 110,555,184.32 in Q1 2024, compared to CNY 165,136,031.47 in Q1 2023, reflecting a decrease of 33.0%[21]. - Basic and diluted earnings per share for Q1 2024 were CNY 0.23, down from CNY 0.34 in Q1 2023, a decrease of 32.4%[21]. Cash Flow and Liquidity - The net cash flow from operating activities decreased by 52.69%, amounting to ¥70,483,128.80, primarily due to a reduction in cash received from sales[10]. - Cash flow from operating activities in Q1 2024 was CNY 70,483,128.80, a significant decrease of 52.8% compared to CNY 148,973,054.25 in Q1 2023[22]. - Investment activities generated a net cash flow of CNY 114,482,584.19 in Q1 2024, down from CNY 406,133,338.02 in Q1 2023, a decline of 71.8%[24]. - The total cash and cash equivalents at the end of Q1 2024 were CNY 2,682,426,545.77, an increase from CNY 2,550,924,952.76 at the end of Q1 2023[24]. - Cash and cash equivalents increased to CNY 2,682,426,545.77 as of March 31, 2024, compared to CNY 2,477,553,322.90 at the end of 2023, representing an increase of 8.25%[15]. Assets and Liabilities - The total assets at the end of Q1 2024 were ¥4,694,239,619.40, an increase of 1.39% from the end of the previous year[7]. - Total assets amounted to CNY 4,694,239,619.40 as of March 31, 2024, compared to CNY 4,629,726,249.11 at the end of 2023, marking an increase of 1.39%[17]. - Total liabilities decreased to CNY 838,335,714.07 as of March 31, 2024, down from CNY 884,377,528.10 at the end of 2023, a reduction of 5.20%[17]. - Shareholders' equity increased to CNY 3,855,903,905.33 as of March 31, 2024, compared to CNY 3,745,348,721.01 at the end of 2023, reflecting a growth of 2.95%[18]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 18,922[13]. - The largest shareholder, Ma Ruimin, holds 54.53% of the shares, totaling 260,295,065 shares[13]. Inventory and Receivables - Inventory rose to CNY 447,081,373.57 as of March 31, 2024, up from CNY 387,909,937.32 at the end of 2023, indicating a growth of 15.26%[16]. - Accounts receivable decreased to CNY 68,715,620.08 as of March 31, 2024, from CNY 79,184,522.09 at the end of 2023, a decline of 13.19%[16]. - Other receivables decreased to CNY 79,720,158.07 as of March 31, 2024, down from CNY 83,129,692.39 at the end of 2023, a decrease of 4.93%[16]. Operating Costs - Total operating costs for Q1 2024 were CNY 419,095,489.01, down from CNY 442,243,371.92 in Q1 2023, reflecting a reduction of 5.23%[19]. - The company recorded a decrease in sales expenses to CNY 224,394,122.50 in Q1 2024 from CNY 245,472,276.58 in Q1 2023, a reduction of 8.6%[20]. - The financial expenses showed an improvement, with a net financial expense of -CNY 10,465,538.10 in Q1 2024 compared to -CNY 11,068,964.75 in Q1 2023[20]. Return on Equity - The weighted average return on equity decreased by 1.56 percentage points to 2.90%[7]. - Non-recurring gains and losses for the period totaled ¥36,258,456.14 after tax[9].