CAHIC(SH:600195)2024-04-29 07:56Financial Performance - Net profit for the reporting period was ¥74,016,642.98, a decrease from ¥133,360,645.64 in the same period last year[12]. - The total comprehensive income for the period was ¥76,403,282.01, compared to ¥128,907,932.88 in the previous year[12]. - The company reported a total operating profit of ¥84,109,238.99, down from ¥157,880,670.29 in the previous year[12]. - The net profit attributable to shareholders for Q1 2024 was CNY 76,527,351.22, a decrease of 45.53% compared to the same period last year[18]. - Basic earnings per share for Q1 2024 were CNY 0.0749, down 45.57% year-on-year[18]. - The total comprehensive income attributable to the parent company was 78,913,990.25, down from 136,046,096.07[66]. - Basic and diluted earnings per share were both 0.0749, a decrease from 0.1376[66]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥9,152,886,899.80, an increase of 2.31% compared to the end of the previous year[3]. - The total liabilities amounted to ¥2,534,721,850.46, up from ¥2,405,562,765.96 in the previous year[10]. - Non-current assets totaled 5,183,647,346.73, up from 5,126,386,416.09, indicating an increase of about 1.1%[62]. - Short-term borrowings rose significantly to 644,438,272.95 from 446,340,546.39, representing a growth of approximately 44.3%[62]. - Accounts payable decreased to 300,851,973.25 from 351,687,625.22, a decline of about 14.5%[62]. - Other payables decreased to 240,103,492.65 from 277,204,697.23, reflecting a reduction of approximately 13.4%[62]. Revenue and Costs - The company's operating revenue for Q1 2024 was CNY 1,125,058,490.55, representing a year-on-year increase of 5.97%[18]. - Total operating revenue for Q1 2024 reached ¥1,125,058,490.55, an increase of 5.96% compared to ¥1,061,645,947.59 in Q1 2023[28]. - Total operating costs for Q1 2024 were ¥1,058,565,711.56, up 7.07% from ¥988,321,140.74 in Q1 2023[28]. Cash Flow - The net cash flow from operating activities for Q1 2024 was -CNY 314,712,910.09, indicating a significant decline in cash generation[18]. - The net cash flow from investing activities was -CNY 159,998,141.78, indicating a cash outflow in this segment[14]. - Cash and cash equivalents at the end of Q1 2024 were ¥1,211,609,423.70, compared to ¥816,740,030.38 at the end of Q1 2023, showing a significant increase of 48.4%[31]. Shareholder Information - Equity attributable to shareholders of the listed company was ¥5,600,071,478.44, reflecting a growth of 1.44% year-over-year[3]. - The number of ordinary shareholders at the end of the reporting period was 35,261[5]. - The largest shareholder, China Animal Husbandry Group Co., Ltd., holds 504,094,163 shares, representing a significant portion of the total[6]. - The company’s major shareholder, China Animal Husbandry Group Co., Ltd., holds 49.37% of the shares, indicating strong institutional support[58]. Investment and Development - The company plans to continue expanding its market presence and investing in new product development[11]. - Research and development expenses increased to ¥21,520,969.99 in Q1 2024, compared to ¥19,300,988.40 in Q1 2023, reflecting an increase of 11.4%[28]. - Investment income decreased by 84.90%, primarily due to reduced investment gains from the previous year[20]. - The net investment income for Q1 2024 was ¥12,509,727.62, a decrease of 27.5% from ¥82,819,707.80 in Q1 2023[28]. Taxation - The company reported a tax expense of ¥6,770,444.84 in Q1 2024, compared to ¥5,821,021.01 in Q1 2023, marking an increase of 16.3%[28]. - The company received CNY 3,338,351.97 in tax refunds, compared to CNY 7,549,473.55 in the previous year[14].