Sante(SZ:002159)2024-04-29 09:07Financial Performance - The company's operating revenue for Q1 2024 was ¥141,533,972.82, a decrease of 11.37% compared to ¥159,690,524.48 in the same period last year[5] - Net profit attributable to shareholders for Q1 2024 was ¥33,791,653.90, an increase of 17.67% from ¥28,717,802.80 year-on-year[5] - Basic and diluted earnings per share for Q1 2024 were both ¥0.19, representing an increase of 18.75% compared to ¥0.16 in the same period last year[5] - Total operating revenue for the current period is ¥141,533,972.82, a decrease of 11.34% from ¥159,690,524.48 in the previous period[17] - Net profit for the current period increased to ¥35,484,175.00, up 12.52% from ¥31,516,669.68 in the previous period[18] - The company reported a total comprehensive income of ¥34,471,702.00, compared to ¥31,719,164.28 in the previous period, an increase of 8.77%[18] - The company’s total profit for the current period is ¥48,488,681.42, an increase of 7.99% from ¥45,075,136.42 in the previous period[17] Cash Flow and Assets - The net cash flow from operating activities decreased by 30.43% to ¥41,629,662.39 from ¥59,837,372.23 in the previous year[7] - The company's current assets totaled CNY 234.61 million, down from CNY 246.99 million at the beginning of the period, reflecting a decrease of approximately 5%[14] - Cash and cash equivalents at the end of the period decreased to ¥190,179,409.39 from ¥231,258,517.77, a decline of 17.76%[20] - The company's cash and cash equivalents stood at CNY 190.28 million, down from CNY 197.82 million, a decrease of approximately 3%[14] - The company incurred a net cash outflow from investing activities of ¥12,070,631.81, an improvement from a net outflow of ¥32,371,905.32 in the previous period[20] - The company raised ¥25,000,000.00 from financing activities, significantly higher than ¥11,468,054.91 in the previous period[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,090[9] - The largest shareholder, Wuhan Contemporary Urban Construction Development Co., Ltd., holds 22.53% of the shares, amounting to 39,944,659 shares[9] - Shareholders' equity attributable to the parent company increased by 2.61% to ¥1,289,418,594.26 from ¥1,256,639,413.36 at the end of the previous year[5] - The total equity attributable to the parent company increased from CNY 1.26 billion to CNY 1.29 billion, reflecting a growth of approximately 2%[16] Legal and Performance Issues - In 2023, the net profit of Donghu Ocean Park was CNY 18.39 million, failing to meet the performance commitment of CNY 42.80 million[11] - As of the report date, the lawsuit regarding the performance compensation case with Huama Hong Company is still under review, with the frozen amount reduced from CNY 25 million to CNY 10.96 million[12] - The company has initiated legal actions to ensure performance compensation commitments are fulfilled, including asset preservation measures against Huama Hong Company[12] Cost Management - Total operating costs decreased to ¥92,729,439.21 from ¥100,576,222.12, reflecting a reduction of 7.93%[17] - The company reported a significant decrease in employee compensation payable, from CNY 49.56 million to CNY 34.43 million, a reduction of about 30%[15] - The company reported a significant increase in employee bonuses and tax payments due to better performance in 2023, impacting cash flow[7] Asset Overview - Total assets at the end of Q1 2024 were ¥1,666,980,363.45, a decrease of 1.75% from ¥1,696,702,521.75 at the end of the previous year[5] - As of March 31, 2024, the total assets of Wuhan Santai Cableway Group Co., Ltd. amounted to CNY 1.67 billion, a decrease from CNY 1.70 billion at the beginning of the period[15] - The total liabilities decreased from CNY 394.46 million to CNY 330.27 million, indicating a reduction of about 16%[15] - The long-term equity investments were valued at CNY 113.44 million, slightly down from CNY 114.25 million[15]