三江购物(601116) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 1,061,541,112.56, a decrease of 2.74% compared to CNY 1,070,509,352.63 in the same period last year[5] - Net profit attributable to shareholders was CNY 52,293,104.55, reflecting a decline of 1.41% from CNY 52,690,906.94 year-on-year[5] - The net profit excluding non-recurring gains and losses increased by 11.72% to CNY 51,392,844.78 from CNY 45,649,166.64 in the previous year[5] - Basic earnings per share for the period was CNY 0.0955, down 1.44% from CNY 0.0962 in the same quarter last year[6] - Total operating revenue for Q1 2024 was ¥1,061,541,112.56, a decrease of 2.4% compared to ¥1,091,491,993.93 in Q1 2023[23] - Net profit for Q1 2024 was ¥52,293,104.55, down 1.4% from ¥53,042,975.42 in Q1 2023[24] - Basic and diluted earnings per share for Q1 2024 were both ¥0.0955, compared to ¥0.0969 in Q1 2023[24] Cash Flow and Assets - The net cash flow from operating activities was CNY 168,941,903.47, showing a slight increase of 0.15% compared to CNY 168,689,612.23 last year[5] - Cash and cash equivalents increased to 2,490,404,960.44 RMB from 2,311,920,842.59 RMB, reflecting a growth of approximately 7.75%[19] - Cash flow from operating activities for Q1 2024 was ¥168,941,903.47, slightly up from ¥168,689,612.23 in Q1 2023[27] - Cash and cash equivalents at the end of Q1 2024 increased to ¥500,751,636.06 from ¥487,187,953.60 at the end of Q1 2023, marking an increase of 2.3%[28] - Investment activities generated a net cash flow of ¥178,401.23 in Q1 2024, a significant improvement from a net outflow of ¥82,255,571.41 in Q1 2023[28] Assets and Liabilities - Total assets at the end of the period reached CNY 5,149,266,470.46, an increase of 2.27% from CNY 5,034,981,448.44 at the end of the previous year[6] - Accounts receivable increased by 35.70% compared to the end of the previous year, primarily due to growth in group purchasing business and increased credit sales[9] - Total current liabilities increased to 1,689,909,555.61 RMB from 1,619,968,407.52 RMB, representing an increase of about 4.3%[21] - The company's retained earnings increased to 512,608,284.49 RMB from 460,315,179.94 RMB, showing a growth of approximately 11.5%[21] - The total equity attributable to the parent company increased to 3,229,449,857.70 RMB from 3,177,156,753.15 RMB, reflecting a growth of about 1.65%[22] Employee Stock Ownership Plan - The total amount raised for the sixth employee stock ownership plan is capped at 6.8 million RMB, with funding sourced from the company's 2022 annual profit sharing for outstanding employees[16] - The sixth employee stock ownership plan purchased 466,000 shares at an average price of 11.9285 RMB per share, totaling 5,558,700 RMB, representing 0.0851% of the company's total share capital[16] - The company has three departing employees in the sixth employee stock ownership plan, resulting in the cancellation of their participation[17] - The lock-up period for shares purchased under the sixth employee stock ownership plan is set for 36 months starting from September 28, 2023[16] Operating Costs and Expenses - Total operating costs decreased to ¥991,440,962.30 in Q1 2024 from ¥1,030,529,095.90 in Q1 2023, representing a reduction of 3.8%[23] - The company reported a decrease in sales expenses to ¥193,106,481.27 in Q1 2024 from ¥211,527,015.59 in Q1 2023, a reduction of 8.7%[23] - Other income decreased significantly to ¥1,183,998.59 in Q1 2024 from ¥11,725,525.80 in Q1 2023, a decline of 89.9%[23] Fair Value and Investments - The company reported a 110.12% increase in fair value gains, attributed to changes in the stock prices of trading financial assets[9] - Cash payments for the acquisition of fixed assets and other long-term assets rose by 114.82% due to new store openings and renovation projects[9] - The company recorded a foreign exchange gain of ¥237,178.76 in Q1 2024, compared to a loss of ¥2,344,420.82 in Q1 2023[23] - The weighted average return on equity decreased by 0.0326 percentage points to 1.6325% compared to the previous year[6]