Shandong Ruyi Woolen Garment Group Co., Ltd. (stock code: 002193) is a comprehensive textile and clothing enterprise that integrates research and development, production, and sales. The company's main products are high-end woolen fabrics and garments, and is committed to providing high-quality textile and clothing solutions to global customers. In the first quarter of 2024, Ruyi Group released its latest financial report, and this article will analyze its financial data in detail.

At the end of this reporting period, the total assets of Ruyi Group were 3.224 billion yuan, an increase of 0.46% compared to the end of the previous year's 3.209 billion yuan. The asset-liability ratio rose from 61.22% at the end of the previous year to 62.34%, indicating that while the company's assets grew, liabilities also increased. The total liabilities at the end of the period were 2.01 billion yuan, an increase of 45.24 million yuan from the beginning of the period. The total ownership of shareholders of the listed company was 1.214 billion yuan, a decrease of 2.44% from the end of the previous year. These data show that the company has shown growth in both assets and liabilities, but shareholder equity has declined, indicating a need to pay attention to the impact of increased liabilities on the company's financial structure.

In terms of profit, in the first quarter of 2024, Ruyi Group achieved operating income of 901.9 million yuan, a year-on-year increase of 27.24%. Although operating income has increased, the net profit attributable to shareholders of listed companies is still negative, at -30.34 million yuan, an improvement from -31.84 million yuan in the same period last year, with a reduction in losses of 4.69%. Net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was -30.55 million yuan, a year-on-year decrease of 3.78%. The gross profit margin rose from 6.97% in the same period last year to 11.71%, indicating that the company has achieved certain results in cost control and sales strategy. However, basic earnings per share and diluted earnings per share were both -0.12 yuan, unchanged from the same period last year, indicating that the company still needs to further improve its profitability.

In terms of cash flow, the net cash flow from operating activities was -14.5 million yuan, a significant improvement from -313.1 million yuan in the same period of last year, with an increase of 95.35%. The sub-total of cash inflows from operating activities was 131 million yuan, a year-on-year increase of 13.04%; the sub-total of cash outflows was 133 million yuan, a year-on-year decrease of 9.95%. The net cash flow from investing activities increased by 100% compared to the same period last year, mainly due to unpaid engineering payments in this period. The net cash flow from financing activities increased by 96.38% year-on-year, mainly due to the decrease in debt repayment compared to the same period. The balance of cash and cash equivalents at the end of the period increased by 31.14% compared to the same period last year, reflecting the company's significant progress in cash flow management.

Overall, in the first quarter of 2024, Ruyi Group achieved growth in operating income and gross profit margin improvements, and the net cash flow from operating activities improved significantly, indicating that the company has achieved some results in management and cost control. However, the company still faces the challenges of net loss and increased liabilities, and needs to continue to strengthen its profitability and financial structure optimization. In the future, Ruyi Group should further enhance its market competitiveness and operational efficiency on the basis of consolidating its existing business, in order to achieve sustainable development.