SPM(601900)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was RMB 2,202,947,752.27, representing a 6.80% increase compared to RMB 1,860,765,750.21 in the same period last year[20]. - Net profit attributable to shareholders of the listed company reached RMB 223,218,008.99, a significant increase of 37.03% from RMB 130,148,524.17 year-on-year[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 186,699,767.09, showing a decrease of 15.39% compared to RMB 188,036,141.10 in the previous year[20]. - Net profit for Q1 2023 reached CNY 252,386,827.10, compared to CNY 168,295,443.65 in Q1 2022, representing a growth of 49.94%[34]. - The company’s total comprehensive income for Q1 2023 was CNY 252,386,827.10, compared to CNY 168,295,443.65 in Q1 2022, reflecting a significant increase[34]. Earnings and Shareholder Metrics - Basic earnings per share (EPS) increased to 0.25 CNY from 0.15 CNY, representing a growth of 66.67% year-over-year[21]. - Diluted earnings per share (EPS) also rose to 0.25 CNY from 0.15 CNY, reflecting a 66.67% increase compared to the previous year[21]. - Earnings per share for Q1 2023 were CNY 0.25, up from CNY 0.18 in Q1 2022, indicating a 38.89% increase[34]. - The total equity attributable to shareholders of the parent company increased to CNY 7,461,768,267.04 from CNY 7,236,930,550.84, a rise of 3.11%[32]. - The minority interest in net profit for Q1 2023 was CNY 29,168,818.11, compared to CNY 5,397,903.80 in Q1 2022, showing a substantial rise[34]. Cash Flow and Liquidity - The net cash flow generated from operating activities was RMB 170,836,020.32, down 19.54% from RMB 263,395,694.61 in the same quarter last year[20]. - In Q1 2023, the net cash flow from operating activities was ¥170,836,020.32, a decrease of 19.5% compared to ¥212,316,663.37 in Q1 2022[45]. - Total cash inflow from operating activities was ¥2,081,467,365.33, down from ¥2,188,167,776.87 in the same period last year, reflecting a decline of 4.9%[45]. - The total cash and cash equivalents at the end of Q1 2023 reached ¥3,181,431,306.11, compared to ¥1,845,342,405.97 at the end of Q1 2022, showing a significant increase of 72.3%[46]. Assets and Liabilities - Total assets amounted to RMB 15,730,967,248.90, an increase from RMB 14,817,839,294.87 year-on-year[12]. - Total liabilities were RMB 7,425,508,835.32, compared to RMB 6,770,092,572.58 in the previous year, indicating an increase in leverage[12]. - The total assets and equity reached CNY 15,730,967,248.90, compared to CNY 14,817,839,294.87, marking an increase of 6.15%[32]. - The total equity attributable to shareholders was RMB 8,305,458,413.58, showing an increase from RMB 8,047,746,722.29 year-on-year[12]. Inventory and Operating Costs - The company's inventory stood at RMB 1,771,810,776.71, up from RMB 1,455,449,925.32, reflecting a growth in stock levels[11]. - Inventory levels increased by 21.74%, primarily due to normal seasonal stocking for spring educational materials[23]. - Total operating costs for Q1 2023 were CNY 1,951,331,509.93, up from CNY 1,787,314,189.04 in Q1 2022, reflecting an increase of 9.15%[42]. Other Financial Metrics - The weighted average return on equity (ROE) improved to 3.04%, up by 1.23 percentage points from 1.81% in the previous year[21]. - Government subsidies recognized in the current period amounted to 15,565,160.09 CNY, contributing positively to the financial results[22]. - Non-operating income from the disposal of non-current assets resulted in a loss of 70,274.51 CNY, impacting overall profitability[22]. - The company reported a fair value change gain of 20,683,438.99 CNY from equity investments and fund products[23]. - The company reported a foreign exchange gain of CNY 21,136,180.74, contrasting with a loss of CNY 71,770,975.82 in the previous period[34]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,326, with the largest shareholder holding 54.71% of the shares[25].