Financial Performance - The company's revenue for Q1 2024 was ¥770,492,800.16, a decrease of 6.38% compared to ¥823,019,302.32 in the same period last year[5] - Net profit attributable to shareholders was ¥6,158,004.67, down 88.93% from ¥55,648,108.99 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥2,784,799.03, a decline of 94.50% compared to ¥50,644,966.49 in the previous year[5] - Total operating revenue for Q1 2024 was CNY 770,492,800.16, a decrease of 6.4% compared to CNY 823,019,302.32 in Q1 2023[17] - Net profit for Q1 2024 was CNY 6,486,176.40, down 88.4% from CNY 55,638,408.03 in Q1 2023[18] - The total comprehensive income for the parent company in Q1 2024 is CNY 6,158,004.67, compared to CNY 55,648,108.99 in Q1 2023[19] - Basic and diluted earnings per share for Q1 2024 are both CNY 0.03, down from CNY 0.35 in the previous year[19] Cash Flow and Liquidity - The company's cash flow from operating activities increased by 3.94% to ¥185,370,698.37 from ¥178,339,185.62 in the same period last year[5] - Cash inflow from operating activities totals CNY 908,105,722.26, compared to CNY 946,516,357.31 in the previous year[22] - Cash outflow from operating activities is CNY 722,735,023.89, down from CNY 768,177,171.69 in Q1 2023[22] - The company reported a cash balance of ¥449,749,856.31 at the end of the first quarter, an increase from ¥428,982,629.26 at the beginning of the period[13] - The ending balance of cash and cash equivalents is CNY 225,699,662.83, up from CNY 63,223,283.66 at the end of Q1 2023[23] - The company maintains a strong liquidity position with a notable increase in cash reserves[13] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥5,848,211,575.08, reflecting a 2.65% increase from ¥5,697,467,578.01 at the end of the previous year[5] - Current liabilities decreased to CNY 1,798,929,023.45 in Q1 2024 from CNY 1,959,927,912.70 in Q1 2023, a reduction of 8.2%[15] - Long-term borrowings increased by 121.78% to ¥520,222,345.42 from ¥234,566,204.78, indicating a rise in debt levels[8] - Long-term borrowings rose significantly to CNY 520,222,345.42 in Q1 2024 from CNY 234,566,204.78 in Q1 2023, an increase of 121.5%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 20,029[10] - Major shareholders include Meili Xin Holdings with a 38.97% stake and Liu Saichun with 7.63%[12] - The top ten shareholders collectively hold 7.60% of the company's shares, with significant involvement from investment funds under Wens Foodstuffs Group[12] - The financial report indicates a stable shareholder structure with no new major shareholders entering the top ten list[12] - The company has not reported any changes in the number of preferred shareholders or restricted shares during the quarter[13] - There were no significant changes in the lending or borrowing of shares among the top ten shareholders[12] Operational Highlights - The company reported a significant increase in prepayments by 152.18%, rising to ¥6,116,868.62 from ¥2,425,617.67[8] - Investment income improved by 189.32%, reaching ¥1,122,477.72 compared to a loss of ¥1,256,761.81 in the previous year[8] - Research and development expenses for Q1 2024 were CNY 35,119,302.97, a decrease of 6.0% compared to CNY 37,529,950.58 in Q1 2023[18] - The company has not disclosed any new product developments or technological advancements in this quarter[12] - There are no updates on market expansion or mergers and acquisitions reported in the current financial quarter[12] Tax and Expenses - The company reported a significant increase in tax expenses, with CNY 28,043,303.68 in Q1 2024 compared to CNY 12,819,133.30 in Q1 2023, marking a rise of 118.0%[15] Audit Status - The company has not undergone an audit for the Q1 2024 report[24]
美利信(301307) - 2024 Q1 - 季度财报