时代出版(600551) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 1,642,786,831.29, representing a decrease of 3.23% compared to the same period last year[5]. - The net profit attributable to shareholders was CNY 61,403,669.95, down 29.22% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 51,356,362.05, a decrease of 20.98% compared to the previous year[5]. - The basic earnings per share for the period was CNY 0.1268, reflecting a decline of 29.20% year-on-year[5]. - Total operating revenue for Q1 2024 was ¥1,642,786,831.29, a decrease of 3.2% compared to ¥1,697,547,891.19 in Q1 2023[18]. - Net profit for Q1 2024 was ¥63,322,905.37, a decline of 26.5% from ¥86,151,876.84 in Q1 2023[19]. - Basic earnings per share for Q1 2024 were ¥0.1268, compared to ¥0.1791 in Q1 2023, representing a decrease of 29.2%[19]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 9,041,519,251.74, a decrease of 2.06% from the end of the previous year[6]. - As of March 31, 2024, the total assets of the company amounted to ¥9,041,519,251.74, a decrease from ¥9,231,879,312.54 as of December 31, 2023, representing a decline of approximately 2.06%[14]. - The company's total liabilities decreased to ¥3,231,172,476.08 from ¥3,479,451,138.36, reflecting a reduction of about 7.11%[15]. - The total current liabilities decreased to ¥3,139,475,522.96 from ¥3,388,462,267.83, a decline of approximately 7.35%[15]. Cash Flow - The net cash flow from operating activities was negative at CNY -87,970,434.05, indicating a significant cash outflow[5]. - Cash flow from operating activities for Q1 2024 was negative at -¥87,970,434.05, an improvement from -¥525,317,293.55 in Q1 2023[22]. - Cash and cash equivalents as of March 31, 2024, were ¥2,571,517,508.17, down from ¥3,176,658,406.12, indicating a decrease of about 19.5%[14]. - Cash and cash equivalents at the end of Q1 2024 totaled ¥2,488,046,723.27, up from ¥1,875,735,145.29 at the end of Q1 2023[23]. - Investment activities generated a net cash outflow of -¥373,822,604.36 in Q1 2024, compared to a net inflow of ¥59,314,505.95 in Q1 2023[23]. - Financing activities resulted in a net cash outflow of -¥112,105,426.74 in Q1 2024, contrasting with a net inflow of ¥175,149,534.41 in Q1 2023[23]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,487[10]. - The largest shareholder, Anhui Publishing Group Co., Ltd., holds 62.09% of the shares, totaling 300,725,557 shares[10]. Other Financial Metrics - The weighted average return on equity was 1.07%, down 0.57 percentage points compared to the previous year[5]. - The company's inventory increased to ¥1,425,240,669.03 from ¥1,345,421,051.24, reflecting an increase of about 5.93%[14]. - Short-term borrowings decreased to ¥383,304,931.94 from ¥521,230,038.58, a reduction of approximately 26.5%[15]. - The company's contract liabilities increased to ¥819,767,772.54 from ¥522,016,597.41, representing an increase of about 56.9%[15]. - The company reported a net profit margin improvement, with retained earnings increasing to ¥3,824,159,637.08 from ¥3,762,755,967.13, an increase of about 1.64%[16]. - Research and development expenses increased to ¥9,008,935.83 in Q1 2024, up from ¥5,937,733.12 in Q1 2023, indicating a growth of 51.8%[18]. - Other income for Q1 2024 was ¥24,906,922.70, significantly higher than ¥12,785,803.23 in Q1 2023, marking an increase of 94.7%[18].