惠而浦(600983) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥892,694,698.01, representing a decrease of 11.30% compared to the same period last year[3] - The net profit attributable to shareholders was ¥10,265,967.98, down by 9.92% year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased significantly by 497.40%, amounting to ¥8,576,394.76[3] - The company reported a net profit margin decline due to increased operating costs and lower revenue, impacting overall profitability[18] - In Q1 2024, Whirlpool (China) reported a net profit of CNY 10,265,968, a decrease of 10% compared to CNY 11,396,540 in Q1 2023[19] - Operating profit increased to CNY 22,548,210, up 47.5% from CNY 15,291,176 in the same period last year[19] - Total revenue from sales of goods and services reached CNY 1,044,693,993, an increase of 11.7% compared to CNY 934,720,080 in Q1 2023[23] - The company reported a total comprehensive income of CNY 10,238,410, down from CNY 11,287,996 in Q1 2023[20] Cash Flow and Assets - The net cash flow from operating activities reached ¥125,378,965.35, an increase of 171.58% compared to the previous year[3] - The net cash flow from operating activities was CNY 125,378,965, a significant improvement from a negative cash flow of CNY -175,153,937 in Q1 2023[24] - Cash and cash equivalents as of March 31, 2024, were ¥1,296,761,105.41, slightly up from ¥1,287,617,076.15 on December 31, 2023[12] - Cash and cash equivalents at the end of Q1 2024 stood at CNY 1,290,165,660, compared to CNY 1,465,016,047 at the end of Q1 2023[25] - Total current assets as of March 31, 2024, were ¥3,385,142,452.07, a decrease of 3.8% from ¥3,519,381,521.98 on December 31, 2023[13] - Total assets at the end of the reporting period were ¥5,092,937,279.30, a decrease of 2.94% from the end of the previous year[3] - Total assets as of March 31, 2024, were ¥5,092,937,279.30, a decrease of 2.9% from ¥5,247,443,326.19 on December 31, 2023[15] - Total liabilities as of March 31, 2024, were ¥2,550,842,915.72, down 6.1% from ¥2,716,836,832.66 on December 31, 2023[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,338[9] - The largest shareholder, Guangdong Galanz Home Appliances Manufacturing Co., Ltd., holds 59.84% of the shares[9] Expenses and Investments - The company experienced a 48.05% reduction in sales expenses due to a decline in domestic sales revenue[6] - Total operating costs for Q1 2024 were ¥868,276,299.80, down 13.0% from ¥996,613,560.59 in Q1 2023[18] - Research and development expenses increased to ¥52,660,614.22 in Q1 2024, up 20.5% from ¥43,738,814.80 in Q1 2023[18] - Investment activities resulted in a net cash outflow of CNY -116,810,917, an improvement from CNY -482,117,923 in the same quarter last year[24] Non-Recurring Gains - The company reported a significant increase in non-recurring gains, totaling ¥1,689,573.22, primarily due to government subsidies and asset disposals[5] - The company received CNY 105,653,903 in tax refunds, up from CNY 56,408,566 in Q1 2023[24] - The company recorded a decrease in other comprehensive income, with a net amount of CNY -27,558, compared to CNY -108,543 in the previous year[20] Future Plans - The company plans to focus on improving cash flow management and reducing financial risks in the upcoming quarters[6]