Financial Performance - The company's revenue for Q1 2023 was ¥104,353,601.14, a decrease of 7.85% compared to ¥113,243,741.28 in the same period last year[5] - Net profit attributable to shareholders was ¥6,047,221.49, down 20.59% from ¥7,614,913.80 year-on-year[5] - Operating profit for Q1 2023 was ¥3,022,188.44, down 66.8% from ¥9,128,007.22 in Q1 2022[19] - Basic earnings per share for Q1 2023 were ¥0.0151, down from ¥0.0190 in Q1 2022[20] - The overall book retail market declined by 6.55% year-on-year, with the company's market share increasing from 1.09% to 1.15%[8] - The sales revenue from physical books decreased by 6.52%, while digital content business grew by 5.13%[8] Cash Flow and Liquidity - The net cash flow from operating activities improved by 55.03%, reaching -¥5,820,179.84 compared to -¥12,941,685.35 in the previous year[5] - Cash inflow from investment activities was significantly higher at ¥405,463,618.30 compared to ¥40,101,651.33 in the same period last year[22] - The total cash and cash equivalents at the end of the period increased to 318,621,376.63 CNY, compared to 159,487,818.74 CNY in the same period last year[23] - The net increase in cash and cash equivalents for the quarter was 12,241,420.28 CNY, contrasting with a decrease of -164,924,949.88 CNY in the previous year[23] - The cash outflow from financing activities totaled 2,040,035.45 CNY, slightly higher than 2,039,022.46 CNY in the same quarter last year[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥795,937,640.66, a decrease of 1.59% from ¥808,782,012.26 at the end of the previous year[5] - The total current liabilities decreased from CNY 135,340,806.83 to CNY 118,837,181.39, indicating a reduction of approximately 12.19%[16] - The total non-current liabilities decreased from CNY 17,255,642.72 to CNY 14,867,675.07, a reduction of about 13.83%[16] - The company's accounts receivable decreased from CNY 90,262,519.78 to CNY 83,514,994.89, a decline of about 7.83%[15] - The inventory increased from CNY 160,965,647.21 to CNY 177,299,010.16, showing an increase of approximately 10.09%[15] Product Development and Market Strategy - The company plans to launch 387 new products in 2023, representing an increase of over 50% compared to the previous year[9] - Research and development expenses were reported as zero, indicating a potential area for future investment[18] Shareholder Information - The company reported a total of 304,480,692 shares, with 301,104,931 shares remaining after the release of restricted shares[14] - The company's equity remained stable at CNY 400,309,400.00, unchanged from the beginning of the year[16] Audit and Reliability - The report for the first quarter was not audited, which may affect the reliability of the financial data presented[24]
读客文化(301025) - 2023 Q1 - 季度财报