云南白药(000538) - 2024 Q1 - 季度财报

Financial Performance - Revenue for the first quarter rose by 2.49% to ¥10,774,290,921.49 compared to ¥10,512,750,996.14 in the previous year[10] - Net profit attributable to shareholders increased by 12.12% to ¥1,701,931,446.00 from ¥1,517,988,356.56 year-on-year[10] - The diluted earnings per share rose by 11.76% to ¥0.95 from ¥0.85 in the same period last year[10] - Total operating revenue for Q1 2024 reached ¥10,774,290,921.49, an increase of 2.49% compared to ¥10,512,750,996.14 in Q1 2023[39] - Net profit for Q1 2024 was ¥1,699,046,405.00, up from ¥1,515,723,471.89 in the same period last year, representing an increase of 12.06%[41] - Operating profit for Q1 2024 was ¥1,918,019,878.04, compared to ¥1,730,180,725.55 in Q1 2023, reflecting a growth of 10.86%[39] - The total comprehensive income for Q1 2024 was ¥1,698,083,473.14, up from ¥1,522,285,067.19 in Q1 2023, reflecting a growth of 11.53%[41] Cash Flow - The net cash flow from operating activities decreased by 28.17% to ¥527,059,804.98 compared to ¥733,744,202.46 in the same period last year[5] - The net cash flow from investing activities improved significantly by 500.66% to ¥1,264,630,985.36 from -¥315,633,657.92[15] - The net cash flow from financing activities increased by 501.81% to ¥790,044,548.12 from ¥131,276,989.91 year-on-year[15] - Cash inflow from financing activities totaled $1,326,507,043.68, compared to $235,590,426.42 in the previous period[47] - Cash outflow from financing activities was $536,462,495.56, leading to a net cash flow from financing activities of $790,044,548.12[47] - Cash inflow from investment activities was $2,468,117,349.26, while cash outflow was $1,203,486,363.90, resulting in a net cash flow from investment activities of $1,264,630,985.36[46] Assets and Liabilities - Total assets increased by 5.75% to ¥56,874,351,095.19 from ¥53,784,293,183.93[9] - The total liabilities reached ¥15,270,833,940.68, compared to ¥13,878,932,801.71 at the start of the year, indicating a growth in liabilities[38] - The company's cash and cash equivalents stood at ¥16,794,818,737.97, up from ¥14,218,343,076.67 at the beginning of the quarter[28] - Accounts receivable increased to ¥11,580,081,129.72 from ¥9,966,170,447.21, reflecting a growth of approximately 16.2%[28] - Inventory decreased to ¥6,131,635,452.71 from ¥6,442,194,823.67, showing a reduction of about 4.8%[28] - The total current assets amounted to ¥39,074,382,317.12, an increase from ¥36,315,565,849.93, representing a growth of approximately 7.7%[28] Shareholder Information - The company's total equity attributable to shareholders increased by 4.27% to ¥41,580,117,445.10 from ¥39,879,122,031.51[6] - The total number of shares held by Yunnan Baiyao Group Co., Ltd. in the repurchase special securities account is 12,599,946 shares, accounting for 0.70%[20] - As of the end of the reporting period, Yunnan Baiyao Group Co., Ltd. completed the cancellation of 12,599,946 shares, reducing the registered capital accordingly[24] - Yunnan Baiyao Group Co., Ltd. has a major shareholder, Yunnan State-Owned Equity Operation Management Co., Ltd., holding 25.02% of shares, with 119,343,840 shares pledged[19] - The second major shareholder, Xinhua Duhua Industrial Group Co., Ltd., holds 24.25% of shares, with 290,514,000 shares pledged[19] - The company plans to change the purpose of repurchased shares from employee stock ownership plans to cancellation to reduce registered capital[24] - The company’s total number of shares after the cancellation of repurchased shares is 1,784,262,603 shares[24] Future Outlook - The company's net profit margin for the first quarter is projected to improve due to cost control measures and increased sales from new product launches[1] - Future outlook includes plans for market expansion and potential mergers and acquisitions to enhance competitive positioning[1] Other Information - The company has registered a short-term financing bond amounting to 3 billion RMB, valid for 2 years, with the first issuance of 1 billion RMB completed on March 20, 2024[25] - Yunnan Baiyao Group Co., Ltd. has received a notice of acceptance for the registration of short-term financing bonds from the China Interbank Market Dealers Association[25] - Jiangsu Yuyue Technology Development Co., Ltd. completed a share reduction plan, reducing 35,936,638 shares, accounting for 1.99997% of the total share capital[22] - Yunnan Baiyao Group Co., Ltd. has made updates to its board meeting rules as of March 28, 2024[21] - The company reported a net increase in customer deposits and interbank placements, contributing positively to cash flow[43] - The company did not undergo an audit for the first quarter report[47]