YIMIN GROUP(SH:600824)2024-04-29 08:24Financial Performance - The company's operating revenue for Q1 2024 was ¥260,903,093.06, representing a decrease of 22.06% compared to the same period last year[3]. - Total revenue for Q1 2024 was ¥260,903,093.06, a decrease of 22.8% compared to ¥337,751,062.73 in Q1 2023[13]. - Operating profit for Q1 2024 was ¥39,029,703.83, a decrease of 7.4% from ¥42,069,091.88 in Q1 2023[13]. - Net profit for Q1 2024 was ¥39,118,933.97, down 13.4% from ¥45,164,818.97 in Q1 2023[13]. - The net profit attributable to shareholders for Q1 2024 was ¥32,448,039.62, down 14.42% year-on-year[3]. - The net profit for Q1 2024 was ¥32,392,216.03, a decrease of 16.5% compared to ¥38,585,845.88 in Q1 2023[14]. - The company's total comprehensive income for Q1 2024 was ¥32,392,216.03, a decrease of 16.5% from ¥38,585,845.88 in Q1 2023[14]. - The basic and diluted earnings per share for Q1 2024 were both ¥0.031, a decrease of 14.42% compared to the previous year[3]. - The basic and diluted earnings per share for Q1 2024 were both ¥0.031, down from ¥0.036 in Q1 2023, reflecting a decline of 13.9%[14]. Cash Flow - The net cash flow from operating activities was ¥41,377,435.62, with no year-on-year comparison available[3]. - Cash inflow from operating activities totaled ¥292,148,651.48 in Q1 2024, down 21.1% from ¥370,335,462.47 in Q1 2023[17]. - The net cash flow from operating activities improved to ¥41,377,435.62 in Q1 2024, compared to a net outflow of -¥48,892,511.80 in Q1 2023[17]. - Cash and cash equivalents increased to ¥1,183,606,328.74 as of March 31, 2024, up from ¥1,155,767,724.85 on December 31, 2023[10]. - Cash and cash equivalents at the end of Q1 2024 increased to ¥1,182,973,236.34, up from ¥518,778,670.08 at the end of Q1 2023[18]. - The total cash outflow from investing activities was ¥7,252,803.17 in Q1 2024, significantly lower than ¥593,964,430.26 in Q1 2023[18]. - The net cash flow from investing activities was -¥6,494,530.89 in Q1 2024, an improvement from -¥518,067,636.36 in Q1 2023[18]. - The company reported a total cash outflow from financing activities of ¥7,044,300.84 in Q1 2024, compared to -¥240,448,874.39 in Q1 2023[18]. Assets and Liabilities - Total assets at the end of Q1 2024 were ¥2,919,685,775.94, an increase of 1.06% from the end of the previous year[3]. - Total assets as of March 31, 2024, were ¥2,919,685,775.94, compared to ¥2,889,022,751.96 on December 31, 2023[11]. - Total liabilities decreased slightly to ¥498,196,232.55 as of March 31, 2024, from ¥499,925,424.60 on December 31, 2023[11]. - Shareholders' equity attributable to shareholders at the end of Q1 2024 was ¥2,426,758,170.43, up 1.36% from the previous year-end[3]. - Shareholders' equity increased to ¥2,421,489,543.39 as of March 31, 2024, compared to ¥2,389,097,327.36 on December 31, 2023[11]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 50,609[6]. - The largest shareholder, Shanghai Huaihai Commercial (Group) Co., Ltd., held 39.04% of the shares, totaling 411,496,529 shares[6]. Inventory and Receivables - Accounts receivable rose to ¥58,798,666.36 as of March 31, 2024, compared to ¥50,296,898.69 on December 31, 2023, reflecting a 16.9% increase[10]. - Inventory increased to ¥328,960,705.65 as of March 31, 2024, up from ¥308,033,665.82 on December 31, 2023, indicating a 6.7% rise[10].