Financial Performance - Operating revenue increased by 7.23% to CNY 237,101,259.32 for the first quarter of 2024[11] - Net profit attributable to shareholders decreased by 4.18% to CNY 17,377,426.11[11] - Net profit after deducting non-recurring gains and losses increased by 82.84% to CNY 32,909,529.38[11] - Total operating revenue for Q1 2024 reached ¥237,101,259.32, an increase from ¥221,113,664.00 in Q1 2023, reflecting a growth of approximately 7.9%[38] - Net profit for Q1 2024 was ¥18,260,158.17, compared to ¥18,135,285.52 in Q1 2023, showing a slight increase of approximately 0.7%[39] - The net profit for Q1 2024 was a loss of ¥6,845,431.14, significantly worse than a loss of ¥401,627.67 in Q1 2023, indicating a decline in profitability[41][42] Cash Flow - Cash flow from operating activities showed a significant decline of 3,395.65%, resulting in a net outflow of CNY 80,754,091.60[11] - The cash flow from operating activities for Q1 2024 was negative at -¥80,754,091.60, compared to a positive cash flow of ¥2,450,325.40 in Q1 2023[45] - Cash inflow from operating activities totaling ¥351,107,992.48 in Q1 2024, an increase from ¥326,969,557.83 in Q1 2023[45] - The cash outflows for operating activities in Q1 2024 were ¥431,862,084.08, up from ¥324,519,232.43 in Q1 2023[45] - The ending cash and cash equivalents balance for Q1 2024 was ¥304,627,634.92, compared to ¥175,243,734.98 in Q1 2023[45] - The net increase in cash and cash equivalents for Q1 2024 was -CNY 20,543,035.65, compared to -CNY 1,005,341.26 in Q1 2023, indicating a decline in liquidity[46] Assets and Liabilities - Total assets decreased by 4.78% to CNY 2,109,444,519.87 compared to the end of last year[11] - The total liabilities to assets ratio for the consolidated entity improved to 55.65%, down from 58.60% at the end of the previous year[11] - Total liabilities decreased to CNY 1,174,005,440.02 from CNY 1,298,246,589.02, a reduction of approximately 9.6%[34] - Current assets totaled CNY 682,598,169.77, down from CNY 798,297,907.74, indicating a decrease of about 14.5%[32] - The company reported a total equity of CNY 935,439,079.85, up from CNY 917,178,921.68, reflecting an increase of about 2.8%[34] Shareholder Information - The total number of shares outstanding is 209,053,000, with 38.21% being unrestricted shares and 61.79% being restricted shares[18] - The largest shareholder, Party Yongtao, holds 54,405,060 shares, representing 26.02% of total shares[20] - The number of common shareholders is 7,328[18] - The company has no pledged or judicially frozen shares among its major shareholders[21] - The company has disclosed no overdue commitments during the reporting period[26] Research and Development - Research and development expenses surged by 413.29% to CNY 1,417,743.98 due to increased personnel costs[13] - Research and development expenses for Q1 2024 were ¥1,417,743.98, significantly higher than ¥276,208.33 in Q1 2023, indicating an increase of approximately 413.5%[38] Guarantees and Commitments - The company provided guarantees totaling RMB 870,227,117.69 during the reporting period, with 8 transactions occurring[25] - The company plans to provide guarantees for its subsidiaries not exceeding RMB 1 billion over the next 12 months[24] - The expected amount for purchasing raw materials and services was RMB 20,000,000, with actual spending of RMB 1,520,184.04[25] - The expected revenue from product sales was RMB 250,000,000, with actual revenue of RMB 241,401,609.17[25] Non-Recurring Items - Non-recurring losses totaled CNY -15,532,103.27, primarily due to asset disposal losses and other operational expenses[15]
骑士乳业(832786) - 2024 Q1 - 季度财报