力盛体育(002858) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥104,876,484.30, representing a 13.42% increase compared to ¥92,469,140.11 in the same period last year[5] - Net profit attributable to shareholders was ¥11,564,982.33, up 15.07% from ¥10,260,232.88 year-on-year[5] - The basic earnings per share for Q1 2024 was ¥0.0735, an increase of 17.04% from ¥0.0641 in the same period last year[5] - Total operating revenue for Q1 2024 reached CNY 104,876,484.30, an increase of 13.0% compared to CNY 92,469,140.11 in Q1 2023[24] - Net profit for Q1 2024 was CNY 25,304,057.39, a decrease of 2.9% from CNY 26,074,582.12 in Q1 2023[25] - The company’s gross profit margin for Q1 2024 was approximately 21.0%, compared to 22.5% in Q1 2023[24] - The total comprehensive income for the first quarter was CNY 21,846,600.85, compared to CNY 27,689,409.30 in the previous year, reflecting a decrease of approximately 21.5%[26] Cash Flow and Assets - The net cash flow from operating activities increased significantly by 126.13%, reaching ¥45,423,363.15 compared to ¥20,087,130.34 in the previous year[5] - The net cash flow from investment activities improved by 118.09%, reaching ¥3,024,384.52, primarily due to the redemption of structured deposits[10] - The company reported a net cash increase of CNY 58,177,451.16 for the period, compared to CNY 46,125,456.29 in the previous year, which is an increase of approximately 26.5%[28] - Cash and cash equivalents at the end of the period totaled CNY 211,765,642.34, down from CNY 229,186,495.45 year-over-year, reflecting a decrease of about 7.6%[28] - The company's total assets at the end of the reporting period were ¥1,069,005,626.85, a decrease of 0.88% from ¥1,078,528,996.71 at the end of the previous year[5] - The company's cash and cash equivalents were CNY 500,631,760.32, up from CNY 465,557,209.71 year-over-year[21] Shareholder Information - The total number of common shareholders at the end of the reporting period is 21,276[12] - The largest shareholder, Xia Qing, holds 12.29% of shares, totaling 20,150,000 shares[12] - Shanghai Saisai Investment Co., Ltd. is the second-largest shareholder with a 9.93% stake, amounting to 16,277,800 shares, of which 4,500,000 shares are pledged[12] - The top ten shareholders collectively hold significant stakes, with the largest three shareholders accounting for over 22% of total shares[12] - The company has not reported any changes in the status of its preferred shareholders[14] - The total number of preferred shareholders is zero, indicating no preferred shares are currently issued[14] Operational Changes and Developments - The company completed business license changes for several subsidiaries, expanding their operational scope to include sports event planning, marketing, and technical services[15] - The company established a new subsidiary, Hainan Lisheng Investment Co., Ltd., on March 13, 2024, focusing on investment activities and sports event organization[17] - The company’s subsidiary, Shanghai Tianma Sports Development Co., Ltd., expanded its business scope to include sports venue management and event organization[16] - The company is actively involved in technology development and consulting services, as indicated by the expanded business scope of its subsidiaries[15] - The company’s subsidiaries are diversifying their services, including automotive parts retail and sports health services, enhancing their market presence[16] Liabilities and Equity - The equity attributable to shareholders decreased by 20.64% to ¥576,160,075.47 from ¥725,962,334.08 at the end of the previous year[5] - Current liabilities rose to CNY 365,714,438.87, an increase of 12.2% from CNY 325,766,106.18 in the previous year[22] - The company reported a decrease in total equity to CNY 694,607,597.84 from CNY 692,416,064.86 in the previous year[22] - The company’s long-term liabilities decreased to CNY 8,683,590.14 from CNY 9,198,595.78 year-over-year[22] Other Financial Metrics - The company recorded a decrease in other income by 38.39% to ¥299,613.72, mainly due to a reduction in government subsidies compared to the previous year[9] - Research and development expenses for Q1 2024 were CNY 2,864,553.04, slightly higher than CNY 2,743,757.72 in Q1 2023[25] - The company has initiated a share repurchase program, with multiple announcements regarding the progress and completion of the buyback, including a report on reaching a 1% repurchase ratio[18] - The company has not disclosed any new product developments or market expansion strategies in the current report[14] - The report was not audited, indicating that the figures presented are preliminary and subject to change[29]