一鸣食品(605179) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 642,866,354.89, representing an increase of 11.14% compared to the same period last year[5]. - Net profit attributable to shareholders reached CNY 10,365,134.43, a significant increase of 126.42% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 10,024,355.15, reflecting a growth of 240.78%[5]. - Basic earnings per share (EPS) was CNY 0.03, up by 200.00% compared to the previous year[6]. - Total operating revenue for Q1 2024 reached ¥642,866,354.89, an increase of 11.1% compared to ¥578,449,077.96 in Q1 2023[21]. - Net profit for Q1 2024 was ¥10,365,134.43, representing a significant increase of 126.1% from ¥4,577,833.13 in Q1 2023[23]. - Basic earnings per share for Q1 2024 was ¥0.03, compared to ¥0.01 in Q1 2023[24]. Cash Flow - The company reported a net cash flow from operating activities of CNY 109,173,269.04, which decreased by 3.88% year-on-year[5]. - Cash flow from operating activities for Q1 2024 was ¥109,173,269.04, slightly down from ¥113,579,654.21 in Q1 2023[26]. - Cash inflow from sales of goods and services in Q1 2024 was ¥766,516,400.48, an increase from ¥698,690,089.36 in Q1 2023[25]. - Cash outflow for purchasing goods and services in Q1 2024 was ¥392,981,177.18, compared to ¥339,241,675.83 in Q1 2023[25]. - Cash flow from investing activities in Q1 2024 showed a net outflow of ¥89,009,468.32, compared to a net outflow of ¥35,082,232.88 in Q1 2023[26]. - Cash flow from financing activities in Q1 2024 resulted in a net outflow of ¥22,749,701.79, compared to a net outflow of ¥88,978,225.37 in Q1 2023[26]. - The ending cash and cash equivalents balance for Q1 2024 was ¥164,032,630.01, down from ¥170,175,389.47 in Q1 2023[26]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,734,765,579.21, a slight increase of 0.99% from the end of the previous year[6]. - As of March 31, 2024, the total assets of the company amounted to RMB 2,734,765,579.21, an increase from RMB 2,707,831,587.73 as of December 31, 2023, reflecting a growth of approximately 1%[19]. - The company's total current assets reached RMB 709,675,029.71, up from RMB 678,349,636.45 at the end of 2023, indicating an increase of about 4.5%[17]. - The total liabilities of the company were RMB 1,625,426,119.83, slightly up from RMB 1,608,923,221.22, representing a growth of approximately 1%[19]. - The company's cash and cash equivalents stood at RMB 354,851,181.78, a decrease from RMB 356,083,079.03, showing a decline of about 0.3%[17]. - The inventory increased to RMB 155,510,803.13 from RMB 122,508,323.14, marking a significant rise of approximately 27%[17]. - The company's short-term borrowings were RMB 272,338,002.49, up from RMB 267,074,115.54, reflecting an increase of about 2.4%[19]. - The total equity attributable to shareholders was RMB 1,109,339,459.38, compared to RMB 1,098,908,366.51, indicating a growth of approximately 1.2%[19]. - The company's accounts receivable increased to RMB 127,487,202.38 from RMB 126,216,215.36, showing a slight increase of about 1%[17]. - The company's non-current assets totaled RMB 2,025,090,549.50, a slight decrease from RMB 2,029,481,951.28, reflecting a decline of about 0.2%[18]. - The company's total liabilities to equity ratio was approximately 1.46, indicating a stable leverage position[19]. Strategic Developments - The increase in net profit was primarily driven by growth in direct sales and franchise income from milk bar channels, along with a decrease in raw milk prices[10]. - The company acquired land for the "Yiming Ecological Health Valley" project, which aligns with its long-term development strategy[10]. - The company will implement new accounting standards starting in 2024, which may affect the financial statements from the beginning of the year[27].