友好集团(600778) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥516,864,237.98, representing a decrease of 4.62% compared to the same period last year[3]. - The net profit attributable to shareholders for Q1 2024 was ¥13,506,281.28, down 70.79% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥13,143,427.19, a decline of 71.17% compared to the previous year[3]. - Basic and diluted earnings per share for Q1 2024 were both ¥0.0434, down 70.77% year-on-year[3]. - The weighted average return on net assets was 6.24%, a decrease of 51.85% compared to the same period last year[3]. - Operating profit for Q1 2024 was CNY 14,811,534.15, down 68.9% from CNY 47,680,058.65 in Q1 2023[16]. - Net profit for Q1 2024 was CNY 14,993,122.81, a decrease of 68.7% compared to CNY 47,864,027.52 in Q1 2023[16]. - Total comprehensive income for Q1 2024 is CNY 15,657,749.88, compared to CNY 49,043,036.54 in Q1 2023, reflecting a decline of approximately 68.0%[17]. Cash Flow and Assets - The net cash flow from operating activities decreased by 33.18% to ¥35,041,545.63[3]. - Cash and cash equivalents increased to CNY 377,640,557.10 from CNY 287,108,751.78, representing a growth of 31.5%[10]. - The company reported a significant increase in cash flow, with cash and cash equivalents rising by CNY 90,531,805.32 compared to the previous quarter[10]. - Operating cash flow for Q1 2024 is CNY 35,041,545.63, significantly lower than CNY 106,311,537.38 in Q1 2023, a decrease of about 67.0%[20]. - Cash inflow from operating activities totaled CNY 1,130,343,342.65, down from CNY 1,340,097,623.09 in the previous year, a reduction of approximately 15.6%[20]. - Cash outflow from operating activities was CNY 1,095,301,797.02, compared to CNY 1,233,786,085.71 in Q1 2023, indicating a decrease of about 11.2%[20]. - Net cash flow from investing activities is CNY 2,382,180.66, an increase from CNY 1,513,930.98 in the same quarter last year[21]. - Net cash flow from financing activities is CNY 59,557,378.51, a turnaround from a negative CNY 166,169,760.10 in Q1 2023[21]. - The ending cash and cash equivalents balance for Q1 2024 is CNY 371,557,192.60, up from CNY 196,607,707.87 at the end of Q1 2023[21]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,978,414,518.76, a decrease of 0.78% from the end of the previous year[3]. - Total assets decreased to CNY 3,978,414,518.76 from CNY 4,009,675,857.12, a decline of 0.8%[12]. - Total liabilities decreased to CNY 3,738,379,207.54 from CNY 3,785,298,295.78, a reduction of 1.2%[12]. - Current liabilities totaled CNY 2,796,519,206.97, down from CNY 2,830,767,615.75, a decrease of 1.2%[11]. - Non-current assets totaled CNY 2,691,193,000.15, down from CNY 2,753,951,434.52, a decline of 2.3%[11]. - Shareholders' equity attributable to shareholders at the end of the reporting period was ¥224,229,106.34, an increase of 6.94% from the end of the previous year[3]. Future Outlook - The company announced an expected net loss of approximately ¥130 million for the full year 2023[8]. - The net profit for Q1 2024 is CNY 14,612,486.16, a decrease from CNY 48,041,950.90 in Q1 2023, representing a decline of approximately 69.6%[17]. - The net profit attributable to shareholders of the parent company is CNY 13,506,281.28, down from CNY 46,242,437.70 in the same period last year, indicating a decrease of about 70.8%[17].