老白干酒(600559) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 1,129,856,708.75, representing a year-on-year increase of 12.67%[4] - Net profit attributable to shareholders for Q1 2024 was CNY 136,193,311.74, reflecting a growth of 33.04% compared to the same period last year[4] - Basic and diluted earnings per share for Q1 2024 were both CNY 0.15, up 36.36% year-on-year[4] - Total operating revenue for Q1 2024 reached ¥1,129,856,708.75, a 12.7% increase from ¥1,002,812,335.01 in Q1 2023[20] - Net profit for Q1 2024 was ¥136,193,311.74, representing a 33.1% increase compared to ¥102,372,510.79 in Q1 2023[21] - Total profit for Q1 2024 was ¥180,330,900.70, an increase from ¥144,173,797.63 in Q1 2023[21] - Basic earnings per share for Q1 2024 were ¥0.15, up from ¥0.11 in Q1 2023[21] Cash Flow - The net cash flow from operating activities increased by 61.87% to CNY 410,323,793.33, primarily due to increased cash receipts from sales[4] - Cash flow from operating activities generated ¥410,323,793.33, an increase from ¥253,494,891.00 in the previous year[22] - Cash inflow from operating activities totaled ¥2,031,992,949.22, compared to ¥1,815,679,424.58 in Q1 2023[22] - The net increase in cash and cash equivalents for the quarter was $153,245,095.17, down from $232,312,786.64 in the same quarter last year[23] - The ending balance of cash and cash equivalents was $1,775,138,140.86, compared to $1,327,075,155.83 at the end of the previous year[23] Assets and Liabilities - The total assets at the end of the reporting period were CNY 10,238,407,413.99, a 7.77% increase from the end of the previous year[5] - As of March 31, 2024, total assets reached approximately CNY 10.24 billion, an increase from CNY 9.50 billion at the end of 2023, representing a growth of about 7.8%[15][17] - Current assets totaled CNY 6.61 billion, up from CNY 5.87 billion at the end of 2023, indicating an increase of approximately 12.6%[15] - Total liabilities increased to CNY 5.28 billion from CNY 4.69 billion, marking a growth of about 12.6%[17] - The company's equity attributable to shareholders reached CNY 4.96 billion, up from CNY 4.81 billion, representing an increase of approximately 3.1%[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 188,061[8] - The largest shareholder, Hebei Hengshui Laobaigan Liquor Group Co., Ltd., held 25.14% of the shares[8] Research and Development - Research and development expenses rose by 110.52%, indicating a focus on innovation and product development[7] - Research and development expenses rose significantly to ¥5,539,632.53, up 110% from ¥2,631,363.67 in Q1 2023[20] Other Financial Metrics - The return on equity (ROE) increased by 0.46 percentage points to 2.74%[5] - The company reported a significant increase in accounts receivable by 142.02% due to increased sales settled by notes[7] - The company reported a decrease in accounts payable from CNY 430.69 million to CNY 390.31 million, a decline of approximately 9.3%[16] - The contract liabilities surged to CNY 2.36 billion, compared to CNY 1.52 billion at the end of 2023, indicating a significant increase of about 55.5%[16] - The company has maintained a stable capital reserve of CNY 1.57 billion, slightly increasing from CNY 1.56 billion[17] - The company’s retained earnings increased to CNY 2.40 billion from CNY 2.27 billion, reflecting a growth of approximately 5.9%[17]