南侨食品(605339) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 774,757,134.09, representing a year-on-year increase of 4.50%[3] - The net profit attributable to shareholders for the same period was CNY 76,632,573.83, reflecting a significant increase of 96.74% compared to the previous year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 72,202,963.36, up by 127.94% year-on-year[3] - Basic and diluted earnings per share both reached CNY 0.18, marking a 100.00% increase year-on-year[3] - Total revenue for Q1 2024 reached RMB 774,757,134.09, an increase of 4.5% compared to RMB 741,418,159.64 in Q1 2023[13] - Net profit for Q1 2024 was RMB 76,659,991.92, representing a 96.7% increase from RMB 38,939,586.59 in Q1 2023[14] Cash Flow - The net cash flow from operating activities was CNY 131,361,318.94, an increase of 15.21% compared to the same period last year[3] - In Q1 2024, the net cash flow from operating activities was CNY 131,361,318.94, an increase of 15.2% compared to CNY 114,023,804.87 in Q1 2023[18] - Total cash inflow from operating activities amounted to CNY 970,064,553.74, while cash outflow was CNY 838,703,234.80, resulting in a net increase of CNY 131,361,318.94[18] - Cash flow from investing activities showed a net outflow of CNY 61,945,744.05, worsening from a net outflow of CNY 37,887,997.55 in the previous year[18] - Cash inflow from financing activities was CNY 108,660,000.00, down from CNY 129,990,000.00 in Q1 2023[19] - The net cash flow from financing activities was negative at CNY 1,677,660.31, compared to a larger negative cash flow of CNY 20,240,825.16 in the same quarter last year[19] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,136,275,954.24, a 1.00% increase from the end of the previous year[3] - The equity attributable to shareholders was CNY 3,420,710,073.49, reflecting a 2.25% increase from the previous year-end[3] - The company's total assets amounted to RMB 4,136,275,954.24, an increase from RMB 4,095,203,344.87 as of December 31, 2023, reflecting a growth of approximately 1.01%[10] - The company's current assets totaled RMB 2,415,666,830.18, compared to RMB 2,406,623,869.29 at the end of 2023, indicating a slight increase of about 0.37%[11] - The company's total liabilities decreased to RMB 712,868,854.41 from RMB 747,138,208.09, showing a reduction of about 4.58%[12] - The total equity of the company was reported at RMB 3,423,407,099.83, reflecting a slight decrease from RMB 3,348,065,136.78 as of December 31, 2023[12] Costs and Expenses - Total operating costs decreased to RMB 685,752,759.36, down 2.3% from RMB 701,019,359.58 in the same period last year[13] - Research and development expenses increased to RMB 19,295,838.95, up 43.7% from RMB 13,408,953.53 in the previous year[13] - Cash paid for purchasing goods and services was CNY 571,309,252.18, a decrease from CNY 609,544,456.46 in Q1 2023[18] - The company paid CNY 123,181,665.02 to employees, which is an increase from CNY 102,196,177.65 in the same quarter last year[18] Other Financial Metrics - The weighted average return on equity was 2.26%, an increase of 1.07 percentage points compared to the previous year[3] - Non-recurring gains and losses amounted to CNY 4,429,610.47 after tax adjustments[5] - The increase in net profit was primarily driven by higher product sales and a decrease in raw material procurement prices[5] - The company reported a decrease in credit impairment losses to RMB 507,150.72 from RMB 1,504,883.70 in Q1 2023[14] - Other comprehensive income after tax was negative RMB 1,318,028.87, compared to a positive RMB 106,387.54 in the same quarter last year[15] Future Outlook - The company has not reported any significant new product developments or market expansion strategies during this quarter[9] - The company plans to continue expanding its market presence and investing in new product development to drive future growth[16]