银座股份(600858) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 1,671,923,111.75, representing a year-on-year increase of 1.80%[4] - The net profit attributable to shareholders for the same period was CNY 91,127,480.94, showing a decrease of 2.37% compared to the previous year[4] - The net profit after deducting non-recurring gains and losses was CNY 78,730,233.95, down by 8.66% year-on-year[4] - The basic earnings per share for Q1 2024 was CNY 0.1752, which is a decrease of 2.37% year-on-year[4] - The weighted average return on equity was 3.4510%, down by 0.3886 percentage points from the previous year[4] - The company reported a net profit margin for Q1 2024, with net profit figures to be detailed in the upcoming reports, indicating ongoing profitability trends[25] - In Q1 2024, the company reported a net profit of ¥88,599,120.33, a slight increase from ¥88,397,042.07 in Q1 2023, representing a growth of 0.23%[26] - The company’s total profit for the quarter was ¥126,358,327.91, compared to ¥124,881,038.84 in the same quarter last year, marking an increase of 1.18%[26] Cash Flow and Liquidity - The net cash flow from operating activities was CNY 526,556,541.20, with no applicable year-on-year comparison[4] - The company achieved a net cash flow from operating activities of ¥526,556,541.20, a significant improvement from a negative cash flow of -¥37,808,271.84 in Q1 2023[30] - The company's cash and cash equivalents as of March 31, 2024, were CNY 2,106,566,817.16, up from CNY 1,628,440,981.33 as of December 31, 2023, representing a significant increase of approximately 29.3%[19] - The company reported a total cash and cash equivalents balance of ¥1,837,292,803.75 at the end of Q1 2024, up from ¥1,644,349,359.64 at the end of Q1 2023, an increase of 11.74%[31] Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 11,415,034,935.86, an increase of 3.04% from the end of the previous year[5] - The company's total assets amounted to CNY 11,415,034,935.86, an increase from CNY 11,078,261,378.76 as of December 31, 2023, representing a growth of approximately 3.06%[19][22] - The company's total liabilities as of March 31, 2024, were CNY 8,697,263,436.80, compared to CNY 8,449,089,000.03 at the end of 2023, indicating an increase of about 2.93%[21][22] - The total equity attributable to shareholders as of March 31, 2024, was CNY 2,686,204,135.87, compared to CNY 2,595,076,654.93 at the end of 2023, reflecting an increase of about 3.52%[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,778[8] - The controlling shareholder increased its stake by acquiring 7,867,500 shares at an average price of CNY 3.6975 per share, raising its total ownership to 28%[13] Investments and Financing - The company received government subsidies related to revenue amounting to CNY 1,308,112.28 from November 30, 2023, to January 18, 2024[11] - The company approved a mortgage loan application of CNY 200 million from Bank of Communications, with a one-year term to supplement working capital[12] - The company signed a lease agreement for a commercial space totaling approximately 66,844 square meters for a 20-year term, starting from February 3, 2024[12] - The company raised ¥1,595,000,000.00 through borrowings in Q1 2024, down from ¥2,181,000,000.00 in the same period last year, a decrease of 26.74%[31] - The company’s cash flow from financing activities showed a net outflow of -¥17,453,348.24, contrasting with a net inflow of ¥844,276,255.08 in Q1 2023, indicating a shift in financing strategy[31] Operational Costs - The total operating costs for Q1 2024 were CNY 1,547,210,812.19, compared to CNY 1,514,624,770.68 in Q1 2023, which is an increase of about 2.16%[25] Management Changes - The company appointed a new assistant general manager and a new securities representative as part of its management changes[16] Audit and Compliance - The company will pay CNY 1.1 million for the audit of its financial report and CNY 450,000 for internal control report audit for 2023, a reduction of CNY 150,000 from the previous period[16]