Anzheng Fashion(603839)2024-04-29 12:27Financial Performance - The company's operating revenue for Q1 2024 was ¥509,059,504.38, representing a decrease of 15.66% compared to the same period last year[2]. - The net profit attributable to shareholders was -¥13,714,459.90, a decline of 150.04% year-over-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥18,881,266.49, down 200.37% from the previous year[2]. - The net cash flow from operating activities was ¥2,507,177.82, a significant drop of 96.06% compared to the same period last year[2]. - Basic and diluted earnings per share were both -¥0.04, reflecting a decrease of 157.14% year-over-year[2]. - Total operating revenue for Q1 2024 was ¥509,059,504.38, a decrease of 15.67% compared to ¥603,595,355.05 in Q1 2023[26]. - Net profit for Q1 2024 was a loss of ¥13,996,526.95, compared to a profit of ¥27,860,677.66 in Q1 2023, indicating a significant decline[27]. - The company's cash flow from operating activities for Q1 2024 showed a significant decline, with a net cash outflow compared to the previous year[28]. - The company reported a basic and diluted earnings per share of -¥0.04 for Q1 2024, compared to ¥0.07 in Q1 2023[27]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,760,134,485.35, an increase of 1.17% from the end of the previous year[3]. - The equity attributable to shareholders decreased by 1.05% to ¥2,023,117,545.22 compared to the end of the previous year[3]. - Current liabilities totaled ¥643,321,733.74 in Q1 2024, compared to ¥586,197,877.35 in Q1 2023, representing an increase of 9.73%[22]. - The total liabilities as of Q1 2024 were ¥719,038,132.16, an increase from ¥665,396,651.21 in Q1 2023[22]. - The company's equity attributable to shareholders was ¥2,023,117,545.22 in Q1 2024, a decrease from ¥2,044,490,276.03 in Q1 2023[22]. Revenue Breakdown - In Q1 2024, total revenue reached CNY 50,012.43 million, a decrease of 16.69% compared to the same period last year[10]. - The gross profit margin for the overall business was 48.60%, down by 1.20% year-on-year[10]. - Direct store revenue was CNY 17,164.66 million, with a gross margin of 75.21%, reflecting a decrease of 15.08% year-on-year[14]. - Online sales accounted for 58.31% of total revenue, generating CNY 29,163.27 million, with a gross margin of 29.44%[15]. - Revenue from the JUZUI brand was CNY 21,002.37 million, with a gross margin of 62.47%, down by 11.60% year-on-year[10]. - The company reported a significant decline in revenue from the North China region, down 27.40% year-on-year[17]. Cash Flow and Investments - Cash and cash equivalents as of March 31, 2024, were CNY 511,050,762.11, compared to CNY 382,615,189.84 at the end of 2023[20]. - Total cash inflow from operating activities in Q1 2024 was 677,546,349.33 in Q1 2023[30]. - Cash outflow from operating activities increased to 613,838,099.29 in Q1 2023, resulting in a net cash flow of 58,190,958.06 in Q1 2024, a decrease of 24.1% from 627,388.45 in Q1 2024, down 96.7% from 151,000,000.00 in Q1 2024, compared to 130,223,032.63 in Q1 2024, a substantial increase from 493,436,631.72, up from $448,085,239.02 at the end of Q1 2023[31]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,201[6]. - The company completed a reduction in share capital, changing its stake in Shanghai Wapin Children's Products Co., Ltd. from 53.91% to 46.95%[11]. - The total number of stores across all brands was 740, with 10 new openings and 30 closures during the reporting period[9].