Financial Performance - The company's revenue for Q1 2024 was CNY 174,061,189.54, representing a 39.41% increase compared to CNY 124,853,648.63 in the same period last year[5]. - Net profit attributable to shareholders decreased by 13.55% to CNY 17,796,689.08 from CNY 20,585,647.38 year-on-year[5]. - The company reported a 13.28% increase in net profit attributable to shareholders after deducting non-recurring gains and losses, reaching CNY 17,301,162.95 compared to CNY 15,272,758.20 last year[5]. - The company's basic and diluted earnings per share decreased by 12.00% to CNY 0.22 from CNY 0.25 in the same period last year[5]. - The total operating revenue for Q1 2024 was CNY 174,061,189.54, an increase of 39.4% compared to CNY 124,853,648.63 in the same period last year[24]. - Net profit decreased to ¥17,595,543.39 from ¥20,613,180.92, a decline of about 14.8% compared to the previous year[26]. - Operating profit was ¥20,403,727.42, down from ¥22,647,052.93, reflecting a decrease of approximately 9.9% year-over-year[25]. - The total comprehensive income attributable to the parent company was ¥8,384,635.48, down from ¥20,147,047.60, a decrease of approximately 58.3%[26]. Cash Flow and Operating Activities - The net cash flow from operating activities fell by 53.17% to CNY 7,788,178.44, down from CNY 16,631,524.12 in the previous year[5]. - Cash flow from operating activities generated a net amount of ¥7,788,178.44, down from ¥16,631,524.12, a decline of about 53.2%[29]. - The company’s cash and cash equivalents at the end of Q1 2024 amounted to CNY 374,019,600.11, up from CNY 325,081,910.91 at the beginning of the quarter, reflecting a growth of 15.1%[20]. - Cash and cash equivalents at the end of the period increased to ¥353,877,493.72 from ¥199,988,320.51, an increase of approximately 77.2% year-over-year[30]. Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 1,856,869,207.78, a 0.96% increase from CNY 1,839,185,281.42 at the end of the previous year[5]. - The total liabilities increased to CNY 276,407,529.63 from CNY 261,901,071.64, marking a rise of 5.5%[22]. - The non-current assets totaled CNY 819,733,562.10, up from CNY 712,385,518.18, reflecting an increase of 15.0%[22]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 5,059[11]. - The largest shareholder, Zhou Junxue, holds 39.93% of the shares, totaling 32,261,951 shares[11]. - The second-largest shareholder, Kunshan Dinglong Bohui Investment Management Enterprise, holds 6.86% of the shares, totaling 5,541,800 shares[11]. - The total number of shares held by the top 10 shareholders accounts for a significant portion of the company's equity, with the largest three shareholders alone holding over 50%[11]. - The company has a total of 3,112,388 restricted shares held by Kunshan Dinglong Bohui Investment Management Enterprise, which will be released on January 5, 2024[15]. - The company reported a total of 1,536,200 shares held by Shanghai Xuanding Asset Management Co., Ltd. through a private equity fund[12]. - The total number of shares held by the top 10 unrestricted shareholders is 5,541,800 shares[12]. - The company has a total of 2,079,769 shares held by the Industrial and Commercial Bank of China through a flexible allocation mixed securities investment fund[11]. Operating Costs and Expenses - The company reported a 58.24% increase in operating costs, amounting to CNY 127,689,673.69, due to increased revenue[9]. - Total operating costs increased to ¥152,131,921.38 from ¥109,717,820.17, representing an increase of approximately 38.4% year-over-year[25]. - The company’s tax expenses increased to ¥2,192,987.53 from ¥1,996,814.23, reflecting an increase of about 9.8% year-over-year[25]. - The company reported a decrease in employee compensation payable from CNY 8,202,371.58 to CNY 4,843,847.30, a reduction of 41.5%[22]. Investment Activities - The company experienced a significant increase in prepayments, which rose by 155.85% to CNY 8,309,793.12, primarily due to increased advance payments for raw materials[9]. - The company’s investment activities generated a net cash outflow of CNY 17,855,021.09, a 136.96% decrease compared to the previous year, mainly due to increased investments in subsidiaries[9]. - Investment activities resulted in a net cash outflow of ¥17,855,021.09, compared to a net inflow of ¥48,304,955.36 in the previous year[29]. Strategic Developments - The company has not disclosed any new strategies or market expansions in the current reporting period[14]. - The company approved a restricted stock incentive plan to grant a total of 872,900 shares, which is 1.08% of the total share capital[17]. - The company plans to issue shares to specific investors through a simplified procedure, as approved in the board meeting[18].
亚香股份(301220) - 2024 Q1 - 季度财报