森马服饰(002563) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for the current period is ¥3,139,311,437.98, representing a 4.58% increase compared to ¥3,001,865,677.61 in the same period last year [18]. - Net profit attributable to shareholders of the listed company is ¥346,443,875.90, an increase of 11.40% from ¥310,983,875.03 year-on-year [18]. - The net profit after deducting non-recurring gains and losses is ¥337,697,749.92, reflecting a 15.55% increase from ¥292,255,067.89 in the previous year [18]. - Basic and diluted earnings per share are both ¥0.13, up 8.33% from ¥0.12 in the previous year [18]. - The net profit attributable to shareholders for Q1 2024 was CNY 8,746,125.98 after accounting for various income and expenses, including a tax impact of CNY 2,818,971.25 [48]. Cash Flow and Liquidity - The net cash flow from operating activities increased by 114.18% to ¥833,987,358.15, primarily due to increased sales receipts and reduced payments [8]. - The company's cash and cash equivalents at the end of the period reached ¥8,867,240,956.02, up from ¥8,103,728,168.05 at the beginning of the period [14]. - The company reported a significant increase in cash received from sales of goods and services, totaling ¥3,713,488,428.92, compared to ¥3,548,981,431.99 in the previous year [26]. - The cash inflow from investment activities was 105,773,092.56 CNY, down from 357,487,647.26 CNY in the previous period, indicating a decrease in investment returns [28]. - The cash outflow from financing activities was 927,384,504.55 CNY, significantly higher than 53,581,533.26 CNY in the previous period, reflecting increased financing costs [28]. Assets and Liabilities - Total assets at the end of the reporting period amount to ¥18,148,207,803.73, a 1.18% increase from ¥17,936,916,562.62 at the end of the previous year [18]. - The total liabilities decreased by 45.61% for employee compensation, reflecting the payment of year-end bonuses for 2023 [8]. - The company has reclassified a significant amount of time deposits to current assets, resulting in a 76.31% decrease in other non-current assets to ¥102,462,776.00 [8]. - The company reported a total non-current liabilities of 165,901,908.40 CNY, slightly decreased from 167,092,769.35 CNY in the previous period [38]. - The total equity attributable to shareholders increased to 11,839,416,989.71 CNY from 11,493,310,382.57 CNY, showing a positive trend in shareholder equity [38]. Operational Efficiency - The total inventory decreased to ¥2,586,803,267.67 from ¥2,746,691,829.09, indicating a reduction in stock levels [14]. - The company’s cash outflow for purchasing goods and services was 1,737,373,740.90 CNY, a decrease from 2,000,989,875.15 CNY in the previous period, indicating improved cost management [28]. - Total operating costs for Q1 2024 were CNY 2,581,259,263.76, up from CNY 2,544,099,611.51, reflecting a year-on-year increase of 1.47% [53]. Investments and Future Outlook - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing investments in new technologies and product development [8]. - The company has invested 162,996,730.59 CNY in asset custody plans, focusing on low-risk investments such as bank deposits and bonds [33]. - The company pledged 700,000,000 CNY of its time deposits for bank credit applications in 2024 [34]. Other Income and Expenses - The company reported a decrease in other income by 56.69% to ¥5,984,830.30, primarily due to reduced government subsidies received [8]. - The company received government subsidies amounting to CNY 3,744,828.89 during the quarter, contributing positively to the financial results [48]. - The company recorded a fair value change gain of CNY 4,822,731.15 from financial assets and liabilities during the quarter [48]. - The impairment provision reversal for receivables amounted to CNY 1,648,318.57, indicating improved asset quality [48]. - Other income for the quarter was CNY 5,984,830.30, down from CNY 13,817,523.23 in the previous year, reflecting a decline in non-operating income sources [53].