莱茵体育(000558) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥93,879,688.35, a decrease of 45.36% compared to ¥171,808,441.39 in the same period last year[5] - Net profit attributable to shareholders for Q1 2024 was ¥26,469,888.50, down 29.24% from ¥37,407,486.35 year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 312.45% to ¥21,824,374.42 from ¥5,291,409.95 in the previous year[5] - Net profit for Q1 2024 was ¥7,260,628.30, compared to ¥40,519,862.54 in Q1 2023, reflecting an 82.1% decline[24] - Total comprehensive income for the period was CNY 40,519,862.54, compared to CNY 58,522,289.84 in the previous period, reflecting a decrease of approximately 30.8%[25] - Basic and diluted earnings per share decreased to CNY 0.0205 from CNY 0.0290, reflecting a decline of approximately 29.3%[25] Cash Flow and Assets - The net cash flow from operating activities decreased by 49.48% to ¥52,547,217.19 from ¥104,014,541.32 in the same period last year[5] - The company reported a cash balance of 199,148,342.44 RMB at the end of the first quarter, an increase from 197,194,774.49 RMB at the beginning of the period[19] - Total current assets amounted to 364,193,814.98 RMB, up from 357,704,067.06 RMB, showing a growth of approximately 1.4%[19] - The ending balance of cash and cash equivalents was CNY 168,246,438.79, down from CNY 388,407,648.39, a decrease of about 56.7%[26] - Cash inflow from operating activities totaled CNY 119,430,143.03, compared to CNY 212,349,487.34 in the prior period, a decrease of approximately 43.6%[26] - Cash outflow from operating activities was CNY 66,882,925.84, down from CNY 108,334,946.02, representing a reduction of about 38.3%[26] - Net cash flow from investing activities was -CNY 42,541,677.07, compared to -CNY 6,449,956.12 in the previous period, indicating a significant increase in cash outflow[26] - Cash flow from financing activities resulted in a net outflow of -CNY 8,050,912.17, compared to -CNY 9,519,898.13, showing a slight improvement[26] Shareholder Information - Total number of common shareholders at the end of the reporting period is 61,418[12] - The largest shareholder, Chengdu Sports Industry Investment Group, holds 29.90% of shares, amounting to 385,477,961 shares, with 192,738,980 shares pledged[12] - The top ten shareholders include both state-owned and private entities, with significant share pledges noted among them[12] Operational Changes - The company completed the bankruptcy liquidation of its subsidiary, Zhejiang Locke Energy Group, in March 2024[16] - The company appointed a new vice president on February 8, 2024, to enhance its management structure[14] - The company adjusted its organizational structure to improve operational efficiency and resource allocation as of March 19, 2024[17] Expenses and Liabilities - Total operating costs for Q1 2024 were ¥50,648,675.70, down 51.3% from ¥103,891,566.57 year-on-year[23] - Total liabilities decreased to ¥699,131,199.34 from ¥726,219,928.89, indicating a reduction of 3.7%[21] - The company reported a significant reduction in accounts payable, which decreased to ¥73,899,561.17 from ¥94,658,070.56, a drop of 21.9%[21] - Research and development expenses were not explicitly reported, indicating a potential focus on cost management[24] Other Financial Metrics - The company's weighted average return on equity for Q1 2024 was 2.41%, a decrease of 0.10% compared to 2.51% in the previous year[5] - The company reported a significant increase in other income, which rose to ¥4,362,458.43 from ¥42,661.34, marking a 10,125.79% increase year-on-year[9] - The company experienced a 138.17% increase in prepayments, totaling ¥7,254,870.20, primarily due to increased prepayments for tourism and cultural upgrades[9] - The company’s financial expenses decreased by 49.65% to ¥1,036,033.48, attributed to a reduction in outstanding loans[9] - The company reported a 46.51% increase in advance receipts, amounting to ¥6,268,817.59, mainly due to pre-collected rent[9] - Accounts receivable increased to 36,734,951.31 RMB from 34,789,108.17 RMB, indicating a growth of approximately 5.6%[19] Audit and Accounting Standards - The company did not undergo an audit for the first quarter report[27] - The report indicates that the company has not yet implemented the new accounting standards for the current year[27]