BHDS(000882)2024-04-26 10:47Financial Performance - The company's operating revenue for Q1 2024 was ¥309,937,432, a decrease of 0.49% compared to ¥311,451,295.87 in the same period last year[5] - Net profit attributable to shareholders decreased by 9.40% to ¥7,643,598.08 from ¥8,436,886.49 year-on-year[5] - The net profit excluding non-recurring gains and losses increased by 46.66% to ¥8,503,023.68 compared to ¥5,797,817.74 in the previous year[5] - In Q1 2024, the net profit of Beijing Hualian Commercial Co., Ltd. was CNY 8,533,787.08, a decrease of 24.4% compared to CNY 11,266,527.52 in Q1 2023[16] - The total profit for Q1 2024 was CNY 10,619,735.03, down 11.9% from CNY 12,059,294.78 in the same period last year[16] - Operating profit increased to CNY 12,885,325.85, up 25.7% from CNY 10,261,248.07 in Q1 2023[16] Cash Flow and Investments - Net cash flow from operating activities decreased by 19.65% to ¥162,357,042.14 from ¥202,058,003.72 year-on-year[5] - Cash flow from operating activities was CNY 162,357,042.14, a decrease of 19.7% compared to CNY 202,058,003.72 in Q1 2023[20] - The company reported a net cash outflow from investing activities of CNY -115,412,272.25, compared to a net inflow of CNY 8,021,071.35 in the previous year[20] - Cash flow from financing activities showed a net outflow of CNY -203,214,043.71, an improvement from CNY -463,441,444.23 in Q1 2023[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥11,755,521,886.84, an increase of 0.21% from ¥11,730,579,995.66 at the end of the previous year[5] - Total current assets increased to RMB 2,334,512,775.02 from RMB 2,297,292,395.21 at the beginning of the quarter, reflecting a growth of 1.54%[13] - Total liabilities as of March 31, 2024, were RMB 4,784,687,315.56, slightly up from RMB 4,761,669,941.27 at the start of the quarter[14] - Non-current assets totaled RMB 9,421,009,111.82, a slight decrease from RMB 9,433,287,600.45 at the beginning of the quarter[13] - The company reported a net loss of RMB 593,796,513.38 in retained earnings, an improvement from a loss of RMB 601,440,111.46 in the previous period[14] - Short-term borrowings increased to RMB 585,967,959.34 from RMB 505,917,076.28, indicating a rise of 15.76%[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 93,629[9] - The largest shareholder, Beijing Hualian Group Investment Holding Co., Ltd., holds 27.39% of the shares, with 524,570,000 shares pledged[9] Government Support - The company received government subsidies amounting to ¥645,678.47 during the reporting period[6] Operational Metrics - Total operating costs for Q1 2024 were RMB 309,173,089.69, down 4.67% from RMB 324,329,514.95 in the previous year[15] - Cash and cash equivalents at the end of Q1 2024 amounted to RMB 930,907,923.23, a decrease from RMB 1,083,052,125.46 at the beginning of the quarter[12] - Inventory levels remained stable, with a slight increase to RMB 617,296,770.42 from RMB 616,684,261.07[13] - The company’s total cash and cash equivalents at the end of Q1 2024 were CNY 912,306,932.89, a decrease from CNY 943,444,373.00 at the end of Q1 2023[20] Other Information - The company did not report any new product launches or significant market expansion strategies during this quarter[21] - The weighted average return on equity was 0.11%, down from 0.12% in the previous year[5] - Basic and diluted earnings per share were both CNY 0.0028, down from CNY 0.0031 in the previous year[17] - The total comprehensive income for Q1 2024 was CNY 4,134,164.61, compared to CNY 3,670,541.19 in Q1 2023[17]