XINYA(SH:605277)2024-04-26 11:25Financial Performance - The company's operating revenue for Q1 2024 was CNY 692,022,011.99, representing a year-on-year increase of 5.15%[6] - The net profit attributable to shareholders for the same period was CNY 39,782,135.25, reflecting a significant increase of 33.27% compared to the previous year[6] - The basic earnings per share for Q1 2024 was CNY 0.15, unchanged from the previous year[7] - Total operating revenue for Q1 2024 reached ¥692,022,011.99, an increase of 5.15% compared to ¥658,120,697.60 in Q1 2023[22] - Net profit for Q1 2024 was ¥39,782,112.31, representing a 33.24% increase from ¥29,851,521.74 in Q1 2023[23] - Basic and diluted earnings per share remained stable at ¥0.15 for both Q1 2024 and Q1 2023[24] Cash Flow - The net cash flow from operating activities reached CNY 45,994,078.57, up by 12.57% year-on-year[6] - Cash flow from operating activities for Q1 2024 was ¥45,994,078.57, compared to ¥40,858,890.43 in Q1 2023, indicating a growth of 25.23%[26] - Cash inflow from sales of goods and services was ¥768,480,662.84 in Q1 2024, up from ¥631,854,414.67 in Q1 2023, marking an increase of 21.61%[25] - The net cash flow from financing activities for Q1 2024 was $157.76 million, compared to $79.26 million in Q1 2023, representing a 99% increase[27] - The net increase in cash and cash equivalents for Q1 2024 was $176.71 million, up from $45.62 million in Q1 2023, indicating a significant growth of 287%[27] - The ending balance of cash and cash equivalents as of Q1 2024 was $325.46 million, compared to $176.07 million at the end of Q1 2023, reflecting an increase of 84.8%[27] Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 3,168,812,336.32, an increase of 3.70% from the end of the previous year[7] - As of March 31, 2024, the company's total assets amounted to RMB 3,168,812,336.32, an increase from RMB 3,055,696,564.21 at the end of 2023, reflecting a growth of approximately 3.7%[19] - Current liabilities totaled RMB 1,258,804,840.80, up from RMB 1,181,763,293.04, which is an increase of about 6.5%[20] - The company's total liabilities reached RMB 1,786,225,288.71, compared to RMB 1,713,722,512.73, reflecting a growth of approximately 4.2%[20] - The equity attributable to shareholders increased to RMB 1,382,586,957.79 from RMB 1,341,973,410.46, showing an increase of about 3.0%[20] Expenses and Other Income - The company reported a 32.00% increase in selling expenses, primarily due to higher product packaging costs[11] - Other income surged by 296.15%, mainly due to an increase in government subsidies received during the period[11] - Total operating costs for Q1 2024 were ¥649,551,349.42, up from ¥624,528,816.25 in Q1 2023, reflecting a year-over-year increase of 4.03%[22] Investments - The net cash flow from investing activities increased by 63.05%, attributed to higher equipment investments and capital contributions to New Asia Asia[11] - Investment activities resulted in a net cash outflow of ¥26,897,171.51 in Q1 2024, compared to a net outflow of ¥72,786,352.31 in Q1 2023, showing a significant reduction in cash outflow[26] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 31,783[14]