七匹狼(002029) - 2024 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2024 was ¥892,903,323.32, a decrease of 1.80% compared to ¥909,260,937.26 in the same period last year[3] - Net profit attributable to shareholders increased by 19.48% to ¥106,309,535.11 from ¥88,974,288.46 year-on-year[3] - Basic earnings per share rose by 15.38% to ¥0.15, compared to ¥0.13 in the same period last year[3] - The net profit for Q1 2024 was CNY 122.70 million, an increase of 18.4% compared to CNY 103.64 million in Q1 2023[21] - The operating profit for Q1 2024 reached CNY 156.54 million, compared to CNY 134.74 million in Q1 2023, marking an increase of 16.2%[21] - The total comprehensive income for Q1 2024 was CNY 131.03 million, an increase from CNY 107.66 million in Q1 2023, reflecting a growth of 21.7%[22] Cash Flow and Investments - Net cash flow from operating activities surged by 318.56% to ¥136,209,964.27, up from ¥32,542,814.58 in the previous year[3] - The cash flow from operating activities showed a significant improvement, with a net cash inflow of CNY 136.21 million, compared to CNY 32.54 million in Q1 2023[23] - The company reported a net cash outflow from financing activities of CNY 681.96 million, compared to a smaller outflow of CNY 16.18 million in the previous year[24] - The company’s investment activities generated a net cash inflow of CNY 394.29 million, a significant turnaround from a net outflow of CNY 290.16 million in the previous year[24] - Investment income increased by 125.34% to ¥6,408,732.01, compared to ¥2,844,048.66 in the previous year[7] Assets and Liabilities - Total assets decreased by 6.27% to ¥10,194,285,304.72 from ¥10,876,273,248.06 at the end of the previous year[3] - Total liabilities decreased to ¥3,511,265,550.34 from ¥4,324,889,215.80, a reduction of about 18.8%[19] - The company's total equity increased to ¥6,683,019,754.38 from ¥6,551,384,032.26, reflecting an increase of approximately 2%[19] - The company's cash and cash equivalents decreased to ¥930,678,417.19 from ¥1,254,905,232.19 at the beginning of the year, a decline of approximately 26%[17] - Inventory levels decreased to ¥742,073,827.25 from ¥884,760,122.73, representing a reduction of about 16%[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 29,048[8] - Fujian Qipilang Group Co., Ltd. holds 34.29% of the shares, amounting to 259,136,718 shares, with 131,250,000 shares pledged[8] - The top 10 shareholders collectively hold significant stakes, with the largest shareholder holding over 34%[8] - As of March 31, 2024, the company repurchased 50,646,463 shares, representing 6.70% of the total share capital[8] - There are no changes in the top 10 shareholders due to securities lending activities[9] Stock Options and Incentives - The company has implemented a stock option incentive plan, with 14.3 million options granted to 40 individuals in 2022[12] - In 2023, the company approved the cancellation of 2.2 million unexercised stock options from departing employees[13] - The company plans to grant an additional 900,000 stock options to 3 individuals as part of the incentive plan[13] - The number of stock options granted was reduced from 12.1 million to 8 million, and the number of reserved stock options decreased from 900,000 to 320,000[14] - The company completed the cancellation of 4.68 million stock options due to unmet exercise conditions and employee departures[14] Operating Costs - Total operating costs for Q1 2024 were ¥760,942,429.79, slightly up from ¥760,816,725.06 in the same period last year[20] - The total operating expenses increased to CNY 229.99 million from CNY 210.67 million, representing an increase of 9.1%[21] - The company reported a net profit margin of approximately 10% based on the operating revenue and costs for the quarter[20]