贝因美(002570) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥720,455,358.38, representing a 2.28% increase compared to ¥704,386,288.42 in the same period last year[4] - Net profit attributable to shareholders increased by 80.71% to ¥22,074,986.63 from ¥12,215,392.19 year-on-year[4] - The net profit after deducting non-recurring gains and losses surged by 368.90% to ¥18,462,398.06 from ¥3,937,353.49 in the previous year[4] - The net cash flow from operating activities rose by 247.68% to ¥82,577,692.15 compared to ¥23,750,966.73 in the same period last year[4] - Basic earnings per share doubled to ¥0.02 from ¥0.01 year-on-year, with diluted earnings per share also at ¥0.02[4] - The company experienced a 60.23% increase in total profit, reaching ¥2,917,000,000.00 compared to ¥1,818,000,000.00 in the previous year[9] - Total operating revenue for Q1 2024 was CNY 720,455,358.38, an increase of 2.5% compared to CNY 704,386,288.42 in Q1 2023[27] - The net profit for the first quarter of 2024 was CNY 24,465,526.74, an increase of 77.5% compared to CNY 13,801,717.67 in the same period last year[28] - The total comprehensive income for the first quarter was CNY 32,767,894.77, compared to CNY 18,574,924.34 in the same quarter last year, marking a growth of 76.5%[29] Assets and Liabilities - Total assets decreased by 2.82% to ¥3,790,024,889.41 from ¥3,900,099,864.43 at the end of the previous year[4] - Total assets as of March 31, 2024, were CNY 3,790,024,889.41, down from CNY 3,900,099,864.43 at the beginning of the year, a decrease of 2.8%[25] - Total liabilities decreased to CNY 2,160,285,680.11 from CNY 2,258,108,718.95, a decline of 4.3%[25] Cash Flow - The company's cash flow from financing activities increased by 183.71% to ¥21,000,000.00, driven by increased bank loans and recovery of pledged time deposits[12] - Cash and cash equivalents decreased to CNY 862,833,529.39 from CNY 1,028,429,231.04, a decline of 16.1%[23] - The cash flow from operating activities showed a net increase of CNY 82,577,692.15, significantly higher than CNY 23,750,966.73 in the previous year[30] - The company incurred a net cash outflow from investing activities of CNY 172,218,066.11, compared to CNY 14,525,597.70 in the previous year, indicating increased investment activity[30] - The financing activities resulted in a net cash outflow of CNY 71,985,957.99, compared to CNY 26,579,720.89 in the same period last year, showing a higher reliance on financing[30] Shareholder Information - The total number of common shareholders at the end of the reporting period is 67,832[15] - The largest shareholder, Beingmade Group Co., Ltd., holds 16.72% of the shares, totaling 180,629,471 shares, with 179,060,971 shares pledged[15] - The company has repurchased 34,897,768 shares, accounting for 3.23% of the total share capital[16] Research and Development - Research and development expenses decreased by 43.68% to ¥262,000,000.00 from ¥465,000,000.00 year-on-year[9] - Research and development expenses for Q1 2024 were CNY 2,623,635.13, down from CNY 4,658,720.72 in Q1 2023, a decrease of 43.8%[27] Legal and Regulatory Matters - A court has frozen 53,000,000 shares held by Beingmade Group, representing 26.98% of its total shares, due to a debt enforcement application[19] - 37,013,943 shares held by Beingmade Group are frozen by the court, accounting for 19.34% of its total shares, due to a prior pledge[21] - The company is required to pay approximately $18.5 million to FNOF Treasure Train Limited as per an arbitration ruling regarding the repurchase of shares in Beingmade Health Management Corp.[21] Other Developments - The company supports the establishment of an industrial incubation fund by its subsidiary to enhance investment risk management and strategic alignment[17] - As of the announcement date, the industrial fund's registration procedures have not been completed, and the company will disclose updates on significant matters[17] - The company has completed the deregistration of 13 out of 14 subsidiaries under Beingmade Marketing Management Co., Ltd.[18]