Annil Co., Ltd. (stock code: 002875), is an enterprise specializing in children's clothing design, production and sales. Since its establishment, the company has won the favor of consumers with its unique design concepts and high-quality products. In the first quarter of 2024, Annil released its latest financial report, and this article will analyze and discuss its financial data in detail.

In the first quarter of 2024, Annil's total assets were 1.284 billion yuan, a decrease of 7.56% compared to the end of the previous year of 1.389 billion yuan. This change mainly reflects the company's adjustment in asset management. In terms of liabilities, the end-of-period balance was 448 million yuan, a decrease of 20.79% from the beginning of the period of 566 million yuan. The asset-liability ratio decreased from 40.75% to 34.91%, indicating that the company has achieved certain results in reducing debt levels. The owner's equity attributable to shareholders of the listed company was 833 million yuan, an increase of 1.46% from the end of the previous year, showing the company's efforts and achievements in improving shareholder equity.

In terms of profits, Annil's performance has improved significantly. Operating income was 198 million yuan, a year-on-year decrease of 9.96%, but net income attributable to shareholders of the listed company was 120.8 million yuan, an increase of 273.90% compared to the same period last year of -69.4 million yuan. Net income after deducting non-recurring gains and losses was 96.1 million yuan, a significant increase of 205.62% year-on-year. Basic and diluted earnings per share were both 0.06 yuan, an increase of 300% from -0.03 yuan in the same period last year. The weighted average return on net assets increased from -0.77% to 1.46%. These data indicate that although operating income has declined, the company has achieved a significant increase in net income through effective cost control and profit management.

In terms of cash flow, Annil's net cash flow from operating activities was -260.6 million yuan, a decrease of 283.34% compared to the same period last year of 142.1 million yuan. Cash inflows from operating activities subtotal was 207 million yuan, a year-on-year decrease of 10.53%; cash outflows subtotal was 233 million yuan, a year-on-year increase of 7.34%. This change is mainly due to the decrease in the purchase of raw materials and the payment of processing fees, as well as the decrease in advances from customers during the reporting period. Although the net cash flow from operating activities was negative, the company performed well in finance expenses and other income, especially the increase in government subsidies, which eased the overall cash flow situation.

In summary, Annil's financial performance in the first quarter of 2024 presents a certain degree of complexity. Although operating income has declined, the company has achieved a significant increase in net income through effective cost control and profit management. At the same time, the decrease in the asset-liability ratio and the increase in shareholder equity show the company's improvement in financial health. However, the negative net cash flow from operating activities reminds us that the company still needs to strengthen its cash flow management. Overall, Annil's financial performance in the first quarter of 2024 has laid a good foundation for future development, but it still needs to continue to work in multiple aspects to achieve more stable growth.