Financial Performance - Revenue for the first quarter of 2023 reached RMB 96,698,000, a significant increase of 78.4% compared to RMB 54,308,000 in the same period of 2022[15] - Gross profit for the period was RMB 23,080,000, representing a gross margin of 23.9%, compared to RMB 3,416,000 in Q1 2022[15] - Profit for the period amounted to RMB 10,308,000, a decrease of 14.2% from RMB 12,013,000 in the first quarter of 2022[15] - Total comprehensive income attributable to owners of the Company was RMB 13,491,000, compared to RMB 7,258,000 in the same period last year[19] - Basic and diluted earnings per share for the first quarter were 0.72 cents, down from 1.03 cents in Q1 2022[19] - Total comprehensive income for the period was RMB 12,864,000, compared to RMB 3,632,000 in the previous year, representing a significant increase[33] - Profit attributable to owners of the Company for the period was RMB 10,868,000, down from RMB 15,631,000 in the same period last year, indicating a decrease of approximately 30%[33] - Basic earnings attributable to owners decreased by 30.5% to approximately RMB 10.9 million, down from RMB 15.6 million in 2022[60] Revenue Sources - Revenue from the tourism development business was approximately RMB 37.6 million, a 222.4% increase from RMB 11.7 million in 2022[64] - Revenue from the trading of metallic products was approximately RMB 48.2 million, representing an 18.9% increase from RMB 40.6 million in 2022[69] - Revenue generated from Guangdong Lumen amounted to approximately RMB 9.0 million in Q1 2023, compared to nil in 2022, following its acquisition in April 2022[112] - The winery generated revenue of approximately RMB 1.8 million, stable compared to RMB 2.1 million in 2022[73] - Guangdong Liuming generated revenue of approximately RMB 9 million for the three months ended March 31, 2023, compared to no revenue in 2022[98] Expenses and Costs - Administrative expenses increased to RMB 17,351,000 from RMB 12,531,000, reflecting a rise of 38.5% year-on-year[15] - The finance costs for the period were RMB 11,634,000, an increase from RMB 6,471,000 in Q1 2022[15] - Interest on bank and other loans increased finance costs to RMB 12.4 million, compared to RMB 7.5 million in 2022[52] Investments and Future Outlook - The Company continues to focus on expanding its business in tourism and leisure, as well as production and sales of wine and related products[25] - The Company expects a positive impact on its business performance due to the anticipated full recovery of the tourism market in China[96] - The Company is focused on expanding revenue sources and increasing order volumes as the economy and market recover[110] - The company continues to explore investment projects with promising development potential in a prudent manner during the post-Epidemic period[114] - The Company has entered into a share transfer agreement to acquire 80% equity interest in Guangdong Lumen for RMB 84,486,160, focusing on high-end ceramic LED devices and modules[115] Shareholder Information - Peking University holds approximately 13.21% of the total issued share capital of the company through various subsidiaries[107] - As of 31 March 2023, Peking University holds 200,000,000 H Shares, representing 28.57% of issued H Shares and 13.21% of total issued Shares[133] - Grand East (H.K.) Limited is a beneficial owner of 110,000,000 H Shares, accounting for 15.71% of issued H Shares and 7.26% of total issued Shares[133] - The Company’s major shareholders include Beida Asset Management Co., Ltd. and Beijing Beida Jade Bird Software System Co., Ltd., each holding 200,000,000 H Shares[133] Governance and Compliance - The Audit Committee, comprising three independent non-executive Directors, reviewed the Group's first quarterly results report for the three months ended 31 March 2023[143] - The Company has established its Audit Committee in compliance with GEM Listing Rules[151] - The Company did not purchase, redeem, or sell any of its listed securities during the three months ended 31 March 2023[148] - The Audit Committee is responsible for monitoring the financial reporting system and risk management of the Group[140] - No other individuals, apart from Directors and Supervisors, had registered interests or short positions in the shares of the Company as of 31 March 2023[137]
北大青鸟环宇(08095) - 2023 Q1 - 季度财报