金陵饭店(601007) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥555,994,382.31, representing a year-on-year increase of 15.54%[6] - The net profit attributable to shareholders decreased by 26.24% to ¥7,331,196.74 compared to the same period last year[6] - Basic earnings per share decreased by 24.00% to ¥0.019[7] - Net profit for Q1 2024 was ¥19,541,840.29, a decrease of 18.6% from ¥24,039,966.38 in Q1 2023[23] - The company reported a total profit of ¥31,058,891.17 for Q1 2024, compared to ¥33,903,178.13 in Q1 2023, reflecting a decrease of 8.4%[23] Cash Flow - The net cash flow from operating activities fell by 35.85% to ¥94,444,457.36[6] - Cash flow from operating activities for Q1 2024 was ¥94,444,457.36, a decline of 35.8% compared to ¥147,216,212.88 in Q1 2023[25] - Cash flow from investing activities for Q1 2024 was ¥56,946,880.90, a significant improvement from a negative cash flow of ¥145,756,253.37 in Q1 2023[26] - Cash flow from financing activities for Q1 2024 was ¥32,058,443.73, compared to a negative cash flow of ¥50,236,163.31 in Q1 2023[26] - The ending cash and cash equivalents balance for Q1 2024 was ¥422,365,959.75, up from ¥77,996,987.32 in Q1 2023[26] Assets and Liabilities - Total assets increased by 12.08% to ¥3,997,858,054.90 compared to the end of the previous year[7] - As of March 31, 2024, the total assets of Jinling Hotel Co., Ltd. amounted to RMB 3,997,858,054.90, an increase from RMB 3,567,072,974.40 as of December 31, 2023, reflecting a growth of approximately 12.06%[16] - The company's current assets reached RMB 1,923,968,561.03, up from RMB 1,482,974,770.29 at the end of 2023, indicating a significant increase of about 29.76%[16] - The total liabilities increased to RMB 1,596,743,802.16 from RMB 1,185,500,561.95, marking an increase of about 34.69%[18] - The company's total equity rose to RMB 2,401,114,252.74, up from RMB 2,381,572,412.45, reflecting a modest increase of approximately 0.82%[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 31,646[12] - The largest shareholder, Nanjing Jinling Hotel Group Co., Ltd., holds 43.50% of the shares[12] Operating Costs and Expenses - Total operating costs for Q1 2024 were ¥525,671,929.91, up 13.8% from ¥462,128,131.62 in Q1 2023[22] - Research and development expenses for Q1 2024 were ¥754,061.65, slightly down from ¥809,161.73 in Q1 2023[22] Other Financial Metrics - The weighted average return on equity was 0.46%, a decrease of 0.17 percentage points[7] - Non-recurring gains and losses amounted to ¥2,817,118.88 after tax adjustments[9] - The decline in net profit was primarily due to the cancellation of property tax and land use tax exemptions and the market cultivation period of a newly opened hotel[10] - The inventory value increased to RMB 552,266,962.62 from RMB 518,123,106.69, reflecting a growth of about 6.58%[16] - The company's retained earnings as of March 31, 2024, were RMB 753,304,533.13, compared to RMB 745,973,336.39, showing an increase of approximately 0.18%[18] - The short-term borrowings increased to RMB 138,603,171.73 from RMB 95,420,011.73, which is an increase of about 45.19%[18] - Accounts payable rose to RMB 59,523,363.69 from RMB 50,961,318.33, indicating an increase of approximately 16.67%[18]