居然之家(000785) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥3,136,687,198.95, a decrease of 3.38% compared to the same period last year[5] - Net profit attributable to shareholders for Q1 2024 was ¥349,125,033.99, down 22.88% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥373,082,172.76, a decrease of 11.96% compared to the previous year[5] - Basic earnings per share for Q1 2024 was ¥0.06, down 14.29% from ¥0.07 in the same period last year[5] - Net profit for Q1 2024 was CNY 354,309,225.88, down 24% from CNY 465,363,518.44 in the previous year[16] - The company reported a basic earnings per share of CNY 0.06, compared to CNY 0.07 in the same quarter last year[16] - The total profit for the period was CNY 468,558,415.77, down from CNY 617,098,235.62 year-over-year[15] Cash Flow - The net cash flow from operating activities was ¥318,582,263.89, a significant decline of 76.91% year-on-year[5] - The net cash flow from operating activities for Q1 2024 was ¥318,582,263.89, a significant decrease of 76.9% compared to ¥1,379,940,499.83 in Q1 2023[17] - Total cash inflow from operating activities amounted to ¥3,278,948,573.78, while cash outflow was ¥2,960,366,309.89, resulting in a net cash flow of ¥318,582,263.89[17] - The net cash flow from investing activities was -¥557,745,121.07, worsening from -¥274,136,501.92 in the previous year[17] - Cash inflow from financing activities totaled ¥872,289,831.08, compared to ¥434,196,977.04 in Q1 2023, indicating a growth of 100.8%[17] - The net cash flow from financing activities was -¥264,327,323.02, an improvement from -¥729,697,546.76 in the same quarter last year[18] - The ending cash and cash equivalents balance decreased to ¥2,603,368,895.86 from ¥4,955,973,941.13, a decline of 47.5% year-over-year[18] - The company reported a total cash outflow for financing activities of ¥1,136,617,154.10, slightly down from ¥1,163,894,523.80 in Q1 2023[18] - The cash inflow from investment activities was ¥29,851,262.04, down from ¥94,243,316.82 in the previous year[17] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥53,233,505,478.86, a decrease of 0.83% from the end of the previous year[5] - Current assets totaled ¥6,523,095,536.24, down from ¥6,770,082,054.57, indicating a decline of approximately 3.66%[13] - The company's cash and cash equivalents decreased to ¥2,831,957,737.71 from ¥3,568,234,357.80, representing a decline of about 20.65%[13] - Accounts receivable increased to ¥1,334,425,169.06 from ¥1,125,023,813.69, reflecting a growth of approximately 18.59%[13] - Inventory rose to ¥548,577,927.46 from ¥437,721,286.60, marking an increase of about 25.38%[13] - Total liabilities decreased to ¥31,875,903,794.73 from ¥32,679,027,272.64, a reduction of approximately 2.45%[14] - Current liabilities amounted to ¥10,043,265,725.64, down from ¥10,348,992,236.29, indicating a decrease of about 2.94%[14] - The company's equity attributable to shareholders increased to ¥20,278,856,038.81 from ¥19,929,678,846.59, reflecting a growth of approximately 1.75%[14] - The long-term borrowings decreased to ¥3,322,726,840.00 from ¥3,437,242,800.00, a decline of about 3.32%[14] - The company's retained earnings increased to ¥4,763,244,870.58 from ¥4,414,119,836.59, representing a growth of approximately 7.89%[14] Shareholder Information - The total number of common shareholders at the end of the reporting period is 37,036[9] - The largest shareholder, Beijing Juran Home Investment Holding Group Co., Ltd., holds 26.22% of shares, totaling 1,648,466,346 shares[9] - The second-largest shareholder, Beijing Jinyu Group Co., Ltd., holds 11.37% of shares, totaling 715,104,702 shares[9] - The top ten shareholders do not participate in margin financing business[10] - The total number of preferred shareholders is not applicable[11] - The company has not disclosed any significant changes in the top ten shareholders due to margin financing activities[10] - The company has not identified any related party relationships among the top shareholders[10] Employee Stock Ownership Plan - The company has implemented its first employee stock ownership plan, with 41,011,653 shares transferred at a price of 4.09 RMB per share[11] - The first lock-up period for the employee stock ownership plan will end on March 23, 2024, with a proposed unlock ratio of 25%, equating to 10,252,913 shares[11] - The company has completed the opening of a dedicated securities account for the employee stock ownership plan[11] Other Financial Information - The company reported a significant decrease in fair value gains, with a loss of ¥22,742,473.12 compared to a gain of ¥49,618,384.45 in the previous year[7] - The company experienced a 511.37% increase in asset disposal income, amounting to ¥62,689,431.39, attributed to the recognition of asset disposal gains under new leasing standards[7] - The company received government subsidies amounting to ¥1,487,105.19 during the reporting period[6] - Research and development expenses increased to CNY 8,035,529.42 from CNY 6,517,246.19, marking a rise of 23.2%[15] - Financial expenses decreased to CNY 251,409,782.47 from CNY 270,026,395.43, a reduction of 6.9%[15] - The company's tax expenses for the quarter were CNY 114,249,189.89, compared to CNY 151,734,717.18 in the same period last year[15] - The company did not undergo an audit for the Q1 2024 report[19]