杭州解百(600814) - 2024 Q1 - 季度财报

Financial Performance - Operating revenue for Q1 2024 was CNY 511,759,496.42, a decrease of 11.71% compared to the same period last year[3]. - Net profit attributable to shareholders was CNY 123,223,552.86, an increase of 9.46% year-on-year[3]. - Net profit excluding non-recurring items was CNY 119,992,199.55, up by 3.00% compared to the previous year[3]. - Basic earnings per share were CNY 0.17, reflecting a growth of 6.25%[3]. - Total operating revenue for Q1 2024 was ¥511,759,496.42, a decrease of 11.7% compared to ¥579,648,332.41 in Q1 2023[14]. - Net profit for Q1 2024 was ¥197,849,058.26, slightly down from ¥198,716,281.39 in Q1 2023, representing a decrease of 0.4%[15]. - Total comprehensive income attributable to the parent company was CNY 123,223,552.86, an increase from CNY 112,569,391.54 in the previous year, representing a growth of approximately 5.8%[16]. - Basic and diluted earnings per share increased to CNY 0.17 from CNY 0.16, reflecting a growth of 6.25%[16]. Cash Flow and Investments - The net cash flow from operating activities was negative CNY 24,817,240.44, a decline of 103.96% year-on-year[3]. - Cash inflow from operating activities decreased to CNY 2,728,016,732.75 from CNY 3,592,267,592.78, a decline of about 24.1%[16]. - Cash outflow from investing activities significantly increased to CNY 517,632,574.23 from CNY 3,874,332.28, indicating a substantial rise in investment expenditures[17]. - Net cash flow from investing activities was CNY -517,493,843.33, worsening from CNY -3,180,677.84 year-over-year[17]. - Cash and cash equivalents at the end of the period decreased to CNY 2,503,506,477.13 from CNY 4,543,068,898.68, a decline of approximately 44.9%[17]. - The company's cash and cash equivalents increased to ¥5,201,530,384.63 in Q1 2024 from ¥5,298,773,641.79 in Q1 2023, indicating a slight increase of 1.8%[10]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,651,895,514.35, down 1.76% from the end of the previous year[3]. - The company's total assets decreased to ¥8,651,895,514.35 in Q1 2024 from ¥8,807,315,086.65 in Q1 2023, a decline of 1.8%[11]. - Total liabilities decreased to ¥3,871,901,310.14 in Q1 2024 from ¥4,225,206,476.92 in Q1 2023, a reduction of 8.4%[10]. - The total liabilities decreased to ¥187,527,514.72 in Q1 2024 from ¥210,906,944.84 in Q1 2023, reflecting a reduction of approximately 11.1%[20]. - The company's long-term equity investments remained stable at ¥707,995,754.68 in Q1 2024 compared to ¥708,333,741.39 in Q1 2023[10]. - The company’s long-term equity investments decreased to CNY 773,816,370.78 from CNY 775,992,090.03, reflecting a minor decline in investment value[19]. Operational Efficiency - The company reported a significant decrease in cash flow due to a decline in sales compared to the previous year[4]. - Total operating costs for Q1 2024 were ¥257,426,307.18, down 16.3% from ¥307,651,106.56 in Q1 2023[14]. - The company reported a decrease in sales expenses to ¥79,239,017.48 in Q1 2024 from ¥91,744,575.00 in Q1 2023, a reduction of 13.6%[14]. - The company reported a decrease in sales expenses to ¥3,489,026.06 in Q1 2024 from ¥13,740,622.18 in Q1 2023, reflecting a reduction of approximately 74.6%[22]. Future Outlook - The company aims to enhance market expansion strategies and explore new product development opportunities in the upcoming quarters[15]. - The company’s R&D expenses were not specified but are a focus area for future growth[15].