涪陵榨菜(002507) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 748,596,673.92, a decrease of 1.53% compared to CNY 760,199,455.92 in the same period last year[8] - Net profit attributable to shareholders increased by 3.93% to CNY 271,629,099.47 from CNY 261,354,400.36 year-on-year[8] - The company reported a net profit of 271,629,099.47, an increase from 261,354,400.36 in the previous period, representing a growth of approximately 1.05%[50] - Comprehensive income for the current period is ¥271,629,099.47, compared to ¥261,354,400.36 in the previous period, reflecting a growth of 3.5%[22] - The company’s operating profit for the current period was 321,836,755.15, slightly up from 309,614,797.76 in the previous period[50] - The total profit for the current period was 321,135,235.27, compared to 309,423,865.04 in the previous period, showing an increase of approximately 3.3%[50] Cash Flow - The net cash flow from operating activities improved significantly, with a net outflow of CNY -33,908,288.57, a 77.25% reduction from CNY -149,024,221.72 in the previous year[8] - Net cash flow from operating activities improved by 77.25%, reaching -33,908,288.57 CNY compared to -149,024,221.72 CNY in the previous period[12] - Cash inflow from investment activities totaled 1,731,461,080.17 CNY, a 39.04% increase from 1,245,253,118.29 CNY[12] - Net cash flow from investment activities turned positive at 112,221,034.89 CNY, a significant improvement of 161.03% from -183,877,935.12 CNY[12] - The company experienced a net cash inflow from operating activities of 78,312,746.32, a significant recovery from a net outflow of 333,703,755.63 in the previous period[53] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 9,162,266,469.62, reflecting a 4.48% increase from CNY 8,769,393,453.21 at the end of the previous year[8] - Current assets increased to 7,291,364,541.68 CNY from 6,934,152,475.88 CNY, reflecting a growth in liquidity[19] - Total liabilities increased to ¥646,230,156.90 from ¥524,986,239.96, marking a rise of 22.9%[20] - Total equity attributable to shareholders of the parent company rose to ¥8,516,036,312.72 from ¥8,244,407,213.25, an increase of 3.3%[20] Inventory and Receivables - The company's inventory increased by 48.38% to CNY 735,027,620.57, primarily due to increased raw material purchases[11] - Accounts receivable increased significantly by 1,424.59% to CNY 160,127,928.34, reflecting the company's credit policy adjustments[11] - Accounts receivable rose significantly to 160,127,928.34 CNY from 10,502,991.40 CNY, indicating improved sales or collection efforts[18] - Inventory levels increased to 735,027,620.57 CNY from 495,370,121.54 CNY, suggesting potential growth in production or sales[18] Research and Development - Research and development expenses rose by 142.21% to CNY 1,934,196.23, driven by investments in new product development[11] - Research and development expenses for the current period amounted to 1,934,196.23, compared to 798,547.45 in the previous period, indicating a significant increase of 142.5%[50] Shareholder Information - The total number of common shareholders at the end of the reporting period is 108,552[34] - The largest shareholder, Chongqing Fuling State-owned Assets Investment and Operation Group Co., Ltd., holds 35.26% of shares, totaling 406,897,920 shares[34] Tax and Financial Expenses - The company reported a decrease in tax payments by 31.69%, totaling 87,420,975.59 CNY compared to 127,974,168.36 CNY previously[12] - The company’s tax expenses for the current period were 49,506,135.80, compared to 48,069,464.68 in the previous period[50] - The company’s financial expenses showed a net income of -31,974,875.21, compared to -29,185,829.43 in the previous period, indicating a slight increase in financial costs[50] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to enhance competitiveness[11]