Financial Performance - The company's operating revenue for the first quarter was CNY 409,023,327.96, representing a 9.65% increase compared to CNY 373,019,508.51 in the same period last year[8] - Net profit attributable to shareholders decreased by 4.77% to CNY 151,726,071.70 from CNY 159,332,579.64 year-on-year[8] - The basic earnings per share decreased by 13.64% to CNY 0.38, down from CNY 0.44 in the same period last year[8] - The diluted earnings per share also decreased by 13.64% to CNY 0.38 from CNY 0.44 year-on-year[8] - The weighted average return on equity dropped to 2.67%, down by 2.90% from 5.57% in the previous year[8] - Net profit for the period was ¥151,726,071.70, a decrease from ¥159,332,579.64 in the same period last year[40] - Basic earnings per share decreased to ¥0.38 from ¥0.44 year-on-year[40] Cash Flow and Investments - The net cash flow from operating activities fell by 28.81% to CNY 127,782,897.03, down from CNY 179,501,775.94 in the previous year[8] - Cash inflow from operating activities totaled ¥512,487,187.80 in Q1 2024, up from ¥458,370,036.81 in the same period last year[22] - The company reported a net cash outflow from investing activities of ¥43,749,580.19, an increase of 37.22% compared to the previous year[29] - Investment income from large certificates of deposit and time deposits contributed CNY 8,248,113.07 to other income[2] - The company reported a net investment income of ¥8,248,113.07 for Q1 2024, compared to ¥1,403,609.25 in Q1 2023[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,021,698,810.35, an increase of 2.25% from CNY 5,889,469,175.38 at the end of the previous year[8] - Total liabilities decreased to ¥268,621,930.64 from ¥288,106,411.76, a reduction of about 6.77%[45] - Current assets rose to ¥3,718,230,606.83, up from ¥3,479,989,938.98, indicating an increase of about 6.86%[45] - Non-current assets decreased to ¥2,303,468,203.52 from ¥2,409,479,236.40, a decline of about 4.41%[45] - Accounts receivable decreased by 89.47% to ¥1,904,704.36 due to cross-period settlement of consignment sales[29] - Inventory increased to ¥141,740,039.51 from ¥123,056,952.49, showing an increase of approximately 15.23%[44] Shareholders' Equity - Shareholders' equity attributable to the parent company rose by 2.71% to CNY 5,753,076,879.71 from CNY 5,601,362,763.62[8] - Shareholders' equity rose to ¥5,753,076,879.71 from ¥5,601,362,763.62, representing an increase of approximately 2.71%[46] - Unallocated profits increased to ¥2,373,100,765.25 from ¥2,221,386,649.16, reflecting a growth of about 6.83%[45] Expenses - Total operating costs for Q1 2024 were ¥220,697,574.24, up 27% from ¥173,769,088.15 in the same period last year[20] - Research and development expenses for Q1 2024 amounted to ¥6,060,108.47, an increase from ¥5,427,310.72 in Q1 2023[20] - Sales expenses for Q1 2024 were ¥133,410,248.07, significantly higher than ¥87,125,893.78 in the previous year, reflecting increased marketing efforts[20] - Sales expenses rose by 53.12% to ¥133,410,248.07 due to increased marketing and e-commerce channel investments[29] Government Support and Financial Management - The company received government subsidies amounting to CNY 4,910,882.13, primarily from industrial support and reward funds[2] - The company plans to utilize up to ¥1 billion of idle funds for low-risk financial products within 12 months from the board's approval date[18] - The company has signed a tripartite supervision agreement for the management of raised funds with financial institutions[18]
敷尔佳(301371) - 2024 Q1 - 季度财报