Revenue and Profit - The company's revenue for Q1 2024 was ¥503,596,442.11, representing a 17.90% increase compared to ¥427,137,933.05 in the same period last year[5] - Net profit attributable to shareholders was ¥13,968,381.18, a 2.80% increase from ¥13,587,699.75 year-on-year[5] - The net profit after deducting non-recurring gains and losses decreased by 16.12% to ¥10,346,184.42 from ¥12,335,086.45 in the previous year[5] - Net profit for Q1 2024 was ¥13,301,833.95, slightly down from ¥13,543,949.38 in Q1 2023, representing a decrease of 1.8%[28] - The total comprehensive income for Q1 2024 was ¥13,753,289.74, compared to ¥14,456,753.57 in Q1 2023, reflecting a decrease of 4.9%[28] Cash Flow and Investments - The net cash flow from operating activities improved significantly to ¥9,238,333.73, compared to a negative cash flow of ¥374,526,356.69 in the same period last year, marking a 102.47% change[5] - Cash received from investment decreased by 72.24% to ¥104.10 million from ¥375 million year-on-year[13] - Cash paid for investments fell by 44.84% to ¥204.09 million compared to ¥370 million in the same period last year[13] - Investment activities resulted in a net cash outflow of ¥130,158,653.87, compared to a smaller outflow of ¥14,857,878.15 in Q1 2023[31] - Financing activities led to a net cash outflow of ¥27,069,083.61, a decrease from a net inflow of ¥330,394,938.37 in the same period last year[32] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥2,571,287,887.68, a slight increase of 0.05% from ¥2,569,899,738.13 at the end of the previous year[5] - Total liabilities as of March 31, 2024, were ¥636,001,484.07, slightly up from ¥633,085,186.92[24] - The company's total equity was reported at ¥1,935,286,403.61, a minor decrease from ¥1,936,814,551.21[24] - As of March 31, 2024, total current assets amounted to ¥2,019,446,046.55, a slight decrease from ¥2,026,801,195.93[23] Shareholder Information - The total number of common shareholders at the end of the reporting period was 12,863[15] - The largest shareholder, Xue Yuanchao, holds 24.28% of shares, totaling 30,592,769 shares[15] - The company plans to repurchase shares with a total fund of no less than ¥20 million and no more than ¥40 million, at a price not exceeding ¥25 per share[19] - The company aims to maintain its value and protect shareholder rights through the share repurchase program[19] - The company repurchased 978,387 shares, accounting for 0.7765% of the total share capital, at a total cost of ¥16,418,303.88[20] Expenses and Costs - Total operating costs amounted to ¥488,451,494.30, up 17.9% from ¥413,239,497.37 in the previous year[27] - Sales expenses rose by 49.34% to ¥42,911,072.47, driven by increased marketing and personnel costs[10] - The income tax expense increased by 83.21% to ¥4,112,204.51, reflecting higher taxable income for the period[12] Other Financial Metrics - The company reported a basic and diluted earnings per share of ¥0.11, unchanged from the previous year[28] - The company recorded a significant increase in sales cash receipts, totaling ¥538,794,586.86, compared to ¥401,892,957.73 in the previous year[30] - Accounts receivable increased from ¥236,155,701.70 to ¥299,212,164.19, indicating a growth of approximately 26.7%[23] - Inventory decreased from ¥675,807,067.19 to ¥585,825,536.92, a reduction of about 13.3%[23] Future Plans and Incentives - The company is focused on enhancing its long-term incentive mechanisms to attract and retain talent[20] - The 2024 Restricted Stock Incentive Plan was approved, involving the issuance of 2.58 million shares to 54 eligible participants[21]
天元宠物(301335) - 2024 Q1 - 季度财报