味知香(605089) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥165,947,228.72, representing a decrease of 17.92% compared to the same period last year[5] - The net profit attributable to shareholders was ¥18,905,845.76, down 46.94% year-on-year[5] - Basic and diluted earnings per share were both ¥0.14, reflecting a decline of 46.15% compared to the previous year[5] - The net profit for Q1 2024 was CNY 18,905,845.76, a decrease of 47.94% compared to CNY 35,629,223.60 in Q1 2023[21] - Operating profit for Q1 2024 was CNY 21,362,140.88, down 46.00% from CNY 39,572,529.65 in the same period last year[21] - The total comprehensive income for Q1 2024 was CNY 18,905,845.76, a decrease of 47.94% compared to CNY 35,629,223.60 in Q1 2023[22] - The company's revenue for Q1 2024 was ¥165,899,948.30, a decrease of 18.0% compared to ¥202,154,993.00 in Q1 2023[32] - Net profit for Q1 2024 was ¥19,357,405.52, down 45.4% from ¥35,621,229.97 in Q1 2023[32] Cash Flow - The net cash flow from operating activities decreased by 72.57%, amounting to ¥2,367,301.19[5] - The net cash flow from operating activities for Q1 2024 was CNY 2,367,301.19, a decrease of 72.56% compared to CNY 8,630,230.64 in Q1 2023[25] - Operating cash flow for Q1 2024 was ¥2,746,308.26, significantly lower than ¥8,553,811.82 in Q1 2023, indicating a decline in cash generation[36] - The cash inflow from operating activities decreased to ¥182,885,779.20 from ¥229,314,639.70, highlighting a decline in operational efficiency[36] - Investment activities generated a net cash flow of CNY 95,447,878.57 in Q1 2024, compared to a negative cash flow of CNY 17,842,713.47 in Q1 2023[26] - The total cash and cash equivalents at the end of Q1 2024 amounted to $971,536,720.83, an increase from $842,219,590.26 at the beginning of the period[37] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,387,593,730.17, a slight increase of 0.51% from the end of the previous year[6] - Current assets totaled RMB 1,103,537,408.85 as of March 31, 2024, slightly up from RMB 1,095,274,823.77 at the end of 2023[15] - Total liabilities amounted to RMB 118,038,483.69, an increase from RMB 111,305,859.42 in the previous period[17] - The total assets increased slightly to ¥1,388,118,099.43 from ¥1,379,381,723.28, showing stability in the asset base[30] - The total liabilities rose to ¥117,850,297.54 from ¥109,917,959.35, indicating an increase in financial obligations[30] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,124[11] - The largest shareholder, Xia Jing, holds 55.24% of the shares, totaling 76,236,804 shares[11] Cost Management - Total operating costs for Q1 2024 were RMB 145,045,284.17, down 12.7% from RMB 166,081,250.32 in Q1 2023[20] - Operating costs included RMB 124,466,406.14 for cost of goods sold, which decreased by 16.6% from RMB 149,199,217.19 in Q1 2023[20] - The company reported a decrease in accounts payable from ¥68,397,528.47 to ¥32,052,155.60, reflecting improved cash management[30] - Research and development expenses for Q1 2024 were CNY 918,166.94, a decrease of 11.00% from CNY 1,031,901.53 in Q1 2023[21] - Research and development expenses decreased to ¥918,166.94 from ¥1,031,901.53, indicating a potential shift in focus or cost management[32] Future Outlook - The company experienced a significant reduction in net profit due to decreased sales revenue and increased startup costs for a new factory[9] - The company is focusing on enhancing its product offerings and exploring market expansion opportunities in the upcoming quarters[20]