克明食品(002661) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,459,957,113.56, representing a 15.37% increase compared to CNY 1,265,419,892.47 in the same period last year[6] - The net profit attributable to shareholders was CNY 34,766,206.63, a significant increase of 385.86% from CNY 7,155,636.68 in the previous year[6] - Operating profit for Q1 2023 was CNY 38,675,944.33, a significant recovery from a loss of CNY 34,076,575.15 in Q1 2022[20] - Net profit for Q1 2023 was CNY 23,411,316.15, compared to a net loss of CNY 45,535,211.41 in the previous year, indicating a turnaround in profitability[20] - The company reported a comprehensive income of CNY 23,954,722.66 for Q1 2023, compared to a loss of CNY 49,688,574.42 in the same period last year[21] Cash Flow - The net cash flow from operating activities reached CNY 163,280,443.05, marking an increase of 181.52% compared to CNY 57,998,855.38 in the same period last year[11] - Cash inflow from operating activities was CNY 1,504,620,834.05, an increase from CNY 1,354,832,532.30 in the same quarter last year[22] - The net cash flow from financing activities was CNY 536,322,813.70, a 55.99% increase compared to CNY 343,827,223.67 in the previous year[11] - Cash inflow from financing activities reached ¥952,597,409.35, an increase of 31.7% from ¥723,424,310.81 in Q1 2022[24] - The total cash outflow from investing activities was ¥490,547,176.51, compared to ¥447,657,427.46 in the same period last year, resulting in a net cash flow from investing activities of -¥416,298,038.56[24] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 6,379,868,943.72, reflecting a 0.82% increase from CNY 6,327,876,104.67 at the end of the previous year[6] - Total liabilities increased to CNY 3,172,047,031.22 from CNY 2,570,977,271.01 year-over-year, reflecting a rise in long-term borrowings[20] - The company’s total equity decreased to CNY 3,207,821,912.50 from CNY 3,756,898,833.66 year-over-year, primarily due to changes in capital reserves[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 36,039[12] - The largest shareholder, Hunan Kemin Food Group Co., Ltd., holds 27.24% of shares, totaling 92,082,387 shares, with 25,000,000 shares pledged[12] - The top ten shareholders include a mix of corporate and individual investors, with the top two holding over 33% of the total shares[12] Inventory and Expenses - The company reported a decrease in inventory by 23.58%, from CNY 1,093,897,054.69 to CNY 836,009,558.71, primarily due to the consumption of wheat inventory[10] - Financial expenses increased by 118.55% to CNY 19,192,028.97, mainly due to increased interest expenses from bank loans[10] - Research and development expenses for Q1 2023 were CNY 8,384,054.43, up from CNY 7,024,506.98 in the previous year, indicating a focus on innovation[20] Share Repurchase and Equity - The company repurchased 15,621,319 shares, accounting for 4.62% of the total share capital by the end of the reporting period[13] - The basic earnings per share for Q1 2023 was CNY 0.108, up 390.91% from CNY 0.022 in the same period last year[6] - The company reported a basic and diluted earnings per share of CNY 0.108 for Q1 2023, up from CNY 0.022 in Q1 2022[21] Future Outlook - The company plans to continue expanding its market presence and investing in new product development to drive future growth[20] Audit Status - The company’s first quarter report was not audited[25]