百联股份(600827) - 2024 Q1 - 季度财报

Financial Performance - In Q1 2024, the net profit attributable to shareholders was RMB 192,591,999.31, a decrease of 7.1% compared to RMB 208,729,930.44 in Q1 2023[15] - The total comprehensive income for Q1 2024 was RMB 230,912,576.86, compared to RMB 367,678,811.02 in Q1 2023[15] - The company's operating revenue for Q1 2024 was CNY 8,829,222,655.06, a decrease of 6.99% compared to CNY 9,486,840,567.09 in the same period last year[23] - Net profit attributable to shareholders for Q1 2024 was CNY 192,591,999.31, down 7.73% from CNY 211,574,472.21 in Q1 2023[23] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 161,560,083.54, reflecting a decline of 16.17% compared to the previous year[23] - The net profit for Q1 2024 was CNY 22,536,992.46, compared to CNY 20,763,777.73 in Q1 2023, indicating an increase of 8.6%[51] - The basic earnings per share for Q1 2024 was CNY 0.11, a decrease of 8.33% from CNY 0.12 in Q1 2023[59] - The company reported a net profit margin of approximately 4.95% for Q1 2024, down from 5.00% in Q1 2023[70] Assets and Liabilities - The company's total assets as of March 31, 2024, amounted to RMB 25,645,184,702.18, slightly down from RMB 25,784,575,684.86 at the end of 2023[11] - Total assets as of March 31, 2024, amounted to CNY 27,613,733,988.44, down from CNY 28,406,823,885.71 at the end of 2023[18] - The company's total liabilities increased, with short-term borrowings rising to CNY 650,261,666.66 from CNY 250,183,333.33[18] - The total liabilities amounted to 35,625,044,289.11 RMB, a decrease from 36,646,305,944.39 RMB in the previous period[33] - The company reported a total of 10,761,010,623.29 RMB in non-current liabilities, down from 10,979,964,906.40 RMB[33] - The company's total liabilities decreased to CNY 8,664,172,063.38 from CNY 9,417,297,135.57 in the previous year[49] Cash Flow - The cash flow from operating activities decreased by 70.09% to RMB 293,454,878.47, primarily due to the recovery of restricted cash in the same period last year[6] - The net cash flow from operating activities for Q1 2024 was CNY 875,029,430.47, a significant drop of 70.09% from CNY 2,934,018,062.24 in Q1 2023[23] - The net cash flow from operating activities for Q1 2024 was -18,788,883.94 RMB, compared to -16,403,869.93 RMB in Q1 2023[42] - Cash inflow from operating activities totaled 69,439,783.25 RMB, down from 79,997,886.15 RMB in the previous year[42] - The company incurred a net cash outflow from investing activities of CNY 562,226,965.75 in Q1 2024[17] - The net cash flow from investing activities was -CNY 47,136,845.02, a significant decline from CNY 14,430,583.64 in the previous year[49] - The net cash flow from financing activities was CNY 326,731,632.22, down from CNY 414,082,828.63 in the same period last year[49] Shareholder Information - Total number of common shareholders at the end of the reporting period was 83,248[27] - The largest shareholder, Bailian Group Co., Ltd., holds 849,631,332 shares, accounting for 47.62% of total shares[27] - The number of shares held by the top ten shareholders reflects a concentration of ownership, with the top three shareholders holding over 53% of total shares[27] Research and Development - The company's research and development expenses decreased by 57.88% year-on-year, attributed to reduced spending on e-commerce projects by its subsidiary[6] - The company reported a decrease in research and development expenses to ¥2,084,505.48 in Q1 2024 from ¥4,949,069.33 in Q1 2023, indicating a focus on cost management[70] Investment Activities - The company received 24,500,000.00 RMB in investment income during the reporting period[42] - The company reported a significant increase in investment income to CNY 8,802,028.30 from CNY 3,889,460.04 in the previous year[51] Financing Activities - The company issued a short-term financing bond totaling RMB 250 million with a coupon rate of 2.37% on January 24, 2024[9] - Short-term borrowings increased significantly to ¥1,117,117,768.86 from ¥743,862,120.18, reflecting a potential increase in leverage[67] Operating Costs - Total operating costs for Q1 2024 were ¥8,460,149,437.71, down 6.6% from ¥9,063,795,154.55 in Q1 2023[70] - Operating profit for Q1 2024 was ¥437,523,995.96, a decline of 8.1% from ¥476,017,435.40 in Q1 2023[70]