LYFEN(SH:603777)2024-04-26 11:07Financial Performance - The company's operating revenue for Q1 2024 was ¥1,061,228,453.17, a decrease of 12.47% compared to the same period last year[6]. - The net profit attributable to shareholders was ¥61,311,791.78, down 13.90% year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥47,182,864.25, a decline of 24.91% compared to the previous year[6]. - Total operating revenue for Q1 2024 was ¥1,061,228,453.17, a decrease of 12.45% compared to ¥1,212,468,282.54 in Q1 2023[19]. - Net profit for Q1 2024 was ¥62,079,324.79, a decline of 12.87% from ¥71,220,895.25 in Q1 2023[20]. - Operating profit for Q1 2024 was ¥64,433,255.19, compared to ¥84,341,842.75 in Q1 2023, reflecting a decrease of 23.63%[20]. - Total comprehensive income for Q1 2024 was ¥62,079,324.79, a decrease from ¥71,220,895.25 in Q1 2023, representing a decline of approximately 12.5%[21]. - Basic and diluted earnings per share for Q1 2024 were both ¥0.18, down from ¥0.21 in Q1 2023, indicating a decrease of about 14.3%[21]. Cash Flow - The net cash flow from operating activities was ¥55,416,375.28, an increase of 3.52% year-on-year[6]. - Cash inflow from operating activities in Q1 2024 was ¥1,195,359,525.02, compared to ¥1,373,964,372.07 in Q1 2023, reflecting a decrease of approximately 13.0%[22]. - Net cash flow from operating activities for Q1 2024 was ¥55,416,375.28, slightly up from ¥53,533,869.68 in Q1 2023, showing an increase of about 3.5%[22]. - Cash outflow from investment activities in Q1 2024 totaled ¥120,018,795.78, significantly lower than ¥424,341,680.77 in Q1 2023, indicating a reduction of approximately 71.7%[22]. - Net cash flow from investment activities for Q1 2024 was ¥7,789,083.31, a substantial improvement from a negative cash flow of ¥303,838,747.91 in Q1 2023[22]. - The company reported a cash inflow from financing activities of ¥41,546,289.05 in Q1 2024, compared to a cash outflow of ¥67,826,151.26 in Q1 2023, indicating a shift towards positive cash flow[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,194,298,326.36, a decrease of 5.36% from the end of the previous year[6]. - Total current assets as of March 31, 2024, amounted to ¥1,604,953,561.18, a decrease of approximately 8.0% from ¥1,743,578,245.69 on December 31, 2023[15]. - Total liabilities for Q1 2024 were ¥1,305,579,263.66, down from ¥1,532,634,131.12 in Q1 2023[17]. - The equity attributable to shareholders increased by 2.52% to ¥1,886,246,067.87 compared to the end of the previous year[6]. - The equity attributable to shareholders of the parent company increased to ¥1,886,246,067.87 from ¥1,839,959,821.39 in Q1 2023[17]. Inventory and Expenses - Inventory decreased by 31.64% primarily due to early stocking for the 2023 year-end festival[10]. - Research and development expenses decreased by 37.91% due to adjustments in R&D investment[10]. - Research and development expenses for Q1 2024 were ¥2,275,692.65, down 37.88% from ¥3,664,908.89 in Q1 2023[20]. - Total operating costs for Q1 2024 were ¥1,015,491,948.96, down 10.76% from ¥1,138,232,885.29 in Q1 2023[19]. Shareholder Information and Future Outlook - The company has not reported any significant changes in the top 10 shareholders or their shareholding status[14]. - There are no new strategies or product developments mentioned in the current report[14]. - The company has not provided any future outlook or performance guidance in the available content[14]. - The company did not report any net profit from merged entities in the current or previous periods, maintaining a consistent performance in this area[21]. - The company is not applying new accounting standards or interpretations for the year 2024, ensuring consistency in financial reporting[23].