ST奥康(603001) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥759,003,474.91, representing a decrease of 15.34% compared to the same period last year [3]. - The net profit attributable to shareholders was ¥22,599,428.87, down 44.66% year-on-year [3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 69.59% to ¥6,758,048.60 [3]. - Basic and diluted earnings per share were both ¥0.0564, a decline of 46.39% compared to the previous year [3]. - The total comprehensive income for Q1 2024 was ¥22,318,925.75, down from ¥39,167,278.96 in Q1 2023, reflecting a decline of 43.1% [19]. - Net profit for Q1 2024 was CNY 22,127,546.12, a decline of 45.4% from CNY 40,674,664.45 in Q1 2023 [18]. Cash Flow - The net cash flow from operating activities increased by 120.86% to ¥84,509,017.27 [3]. - Cash inflows from operating activities in Q1 2024 totaled ¥812,377,839.92, down 8.6% from ¥888,612,756.11 in Q1 2023 [21]. - The net cash flow from operating activities increased to ¥84,509,017.27 in Q1 2024, compared to ¥38,264,371.76 in Q1 2023, representing a growth of 120.8% [21]. - The net cash flow from investing activities was -¥88,970,536.17 in Q1 2024, worsening from -¥54,766,680.08 in Q1 2023 [22]. - The net cash flow from financing activities in Q1 2024 was -¥66,963,997.25, compared to a positive cash flow of ¥78,121,337.32 in Q1 2023 [22]. - The cash and cash equivalents at the end of Q1 2024 were ¥313,196,354.36, down from ¥423,646,323.39 at the end of Q1 2023, a decrease of 26.1% [22]. Revenue Breakdown - In Q1 2024, the total revenue was CNY 743,890,442.70, a decrease of 16.21% year-over-year [10]. - The revenue from the online sales channel was CNY 161,211,599.84, with a year-over-year increase of 3.08% [11]. - The revenue from offline sales was CNY 582,678,842.86, reflecting a decrease of 20.34% year-over-year [11]. - The brand "Aokang" reported a revenue of CNY 480,748,997.90, down 18.50% year-over-year, with a gross margin of 45.79% [9]. - The brand "Kanglong" generated revenue of CNY 75,667,437.66, a decrease of 26.08% year-over-year, with a gross margin of 49.04% [10]. - The brand "Skechers" achieved revenue of CNY 85,781,945.67, down 14.68% year-over-year, with a gross margin of 36.09% [10]. - The export revenue increased by 27.07% year-over-year, amounting to CNY 4,004,901.24 [11]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,078,784,668.71, a slight increase of 0.92% from the end of the previous year [3]. - Total assets as of March 31, 2024, amounted to CNY 4,078,784,668.71, a slight increase from CNY 4,041,718,979.26 at the end of 2023 [14]. - Total liabilities increased to CNY 1,137,155,265.57 from CNY 1,122,408,501.87, marking a rise of 1.5% [14]. - The company’s total equity increased to CNY 2,941,629,403.14 from CNY 2,919,310,477.39, reflecting a growth of 0.8% [14]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,294 [7]. - The largest shareholder, Aokang Investment Holdings, held 27.73% of the shares, with significant pledges on their holdings [7]. Other Financial Metrics - The gross profit margin for the overall business was 44.56%, down by 2.01 percentage points compared to the previous year [10]. - The company reported non-recurring gains of ¥15,841,380.27, primarily from fair value changes and government subsidies [4]. - The company invested CNY 1,500,000 in various bank financial products during the reporting period, with annualized returns ranging from 2.15% to 2.80% [10]. - The company reported a decrease in research and development expenses to CNY 9,806,015.80 from CNY 9,872,060.17, a reduction of 0.7% [18]. - Cash and cash equivalents increased to CNY 634,650,964.77 as of March 31, 2024, up 12.4% from CNY 564,594,079.21 at the end of 2023 [12]. - Accounts receivable rose slightly to CNY 946,756,235.71, compared to CNY 933,143,366.04 at the end of 2023, indicating a 1.5% increase [12]. - Inventory decreased marginally to CNY 733,699,387.49 from CNY 735,126,520.10, reflecting a 0.2% decline [12].