丽尚国潮(600738) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 193,929,462.77, representing a decrease of 19.54% compared to the same period last year[5] - Net profit attributable to shareholders of the listed company reached CNY 63,823,597.60, an increase of 160.15% year-on-year[5] - Basic and diluted earnings per share were both CNY 0.08, reflecting a growth of 166.67% compared to the previous year[5] - Total operating revenue for Q1 2024 was ¥193,929,462.77, a decrease of 19.5% compared to ¥241,034,791.87 in Q1 2023[16] - Net profit for Q1 2024 reached ¥61,057,702.60, representing a significant increase of 161.9% from ¥23,322,381.97 in Q1 2023[17] - Earnings per share for Q1 2024 was ¥0.08, compared to ¥0.03 in Q1 2023, reflecting a 166.7% increase[18] - The company’s total comprehensive income for Q1 2024 was ¥61,057,702.60, compared to ¥23,322,381.97 in Q1 2023, showing strong growth[17] Cash Flow - The net cash flow from operating activities was CNY 26,830,576.34, down 23.40% from the same period last year[5] - Cash flow from operating activities in Q1 2024 was ¥26,830,576.34, a decrease of 23.5% from ¥35,027,665.91 in Q1 2023[19] - Cash received from sales and services in Q1 2024 was ¥156,248,436.99, down 56.7% from ¥361,017,598.53 in Q1 2023[19] - The net cash flow from investment activities was -$114,736,667.70, compared to -$6,069,296.75 in the previous period, indicating a significant increase in cash outflow for investments[20] - Cash inflow from financing activities totaled $72,874,366.44, a decrease from $746,197,478.23 in the prior period, reflecting reduced borrowing activities[20] - The net cash flow from financing activities was -$27,393,006.08, contrasting with a positive net cash flow of $51,539,324.46 in the previous period, showing a decline in financing efficiency[20] - The total cash and cash equivalents at the end of the period were $337,435,178.10, slightly down from $339,584,498.25 at the end of the previous period[20] - The company reported a cash outflow of $116,090,139.03 for investment activities, significantly higher than $7,269,296.75 in the previous period, indicating aggressive investment strategies[20] - The cash flow from operating activities was not detailed, but the overall cash and cash equivalents decreased by $115,316,194.21 during the quarter[20] - The company had a beginning cash balance of $452,751,372.31, which indicates a strong liquidity position at the start of the quarter[20] - The impact of exchange rate changes on cash and cash equivalents was -$17,096.77, showing minimal effect from currency fluctuations[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,561,885,872.65, a decrease of 0.45% from the end of the previous year[6] - The company's current assets totaled RMB 625,261,749.70, down from RMB 716,549,115.48 at the end of 2023, indicating a decrease of approximately 12.7%[14] - The company's total liabilities were RMB 1,606,226,683.02, down from RMB 1,627,825,191.89, indicating a reduction of about 1.3%[15] - The equity attributable to shareholders increased to RMB 1,949,547,653.70 from RMB 1,941,311,110.00, showing a slight growth of approximately 0.4%[15] - The largest shareholder, Zhejiang Yuanming Holdings Co., Ltd., held 21.32% of the shares, totaling 162,306,296 shares[10] - The total number of ordinary shareholders at the end of the reporting period was 26,222[10] Other Financial Metrics - The weighted average return on equity increased by 1.98 percentage points to 3.26%[5] - Non-recurring gains and losses totaled CNY 221,991.69 for the period[8] - The company reported a financial loss of ¥60,882.08 from investments in Q1 2024, indicating challenges in investment performance[17] - The company’s financial expenses decreased significantly to ¥5,136,672.23 in Q1 2024 from ¥16,151,561.23 in Q1 2023, a reduction of 68.2%[16] - The company did not adopt new accounting standards for the current period, maintaining consistency in financial reporting[20] - The report was released on April 27, 2024, providing timely insights into the company's financial performance for Q1 2024[21]