盖世食品(836826) - 2023 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter of 2023 was CNY 96,456,344.74, representing a year-on-year increase of 28.69% from CNY 74,954,645.84[10] - Net profit attributable to shareholders for the first quarter of 2023 was a loss of CNY 5,000,119.96, a decline of 216.31% compared to a profit of CNY 4,298,815.26 in the same period last year[10] - The company reported a net loss of CNY 5,897,345.31 for the current period, compared to a net profit of CNY 4,404,173.73 in the same period last year, indicating a significant decline in profitability[49] - Total operating profit was CNY -7,036,463.89, down from CNY 5,337,452.13 in the previous year, reflecting operational challenges[49] - The company reported a total comprehensive loss of ¥5,052,432.47 in Q1 2023, compared to a comprehensive income of ¥4,254,387.98 in Q1 2022[47] Cash Flow - The net cash flow from operating activities increased by 208.75% to CNY 30,839,552.01, compared to a negative cash flow of CNY 28,356,912.79 in the previous year[11] - The company's cash flow from operations showed a positive trend, indicating potential for future growth and investment opportunities[39] - The net cash flow from operating activities for Q1 2023 was $10,649,133.08, a significant improvement compared to a net outflow of -$27,690,846.55 in Q1 2022[54] - The net cash flow from investing activities was -$25,032,585.10 in Q1 2023, compared to a positive inflow of $26,073,981.95 in Q1 2022[54] - The net cash flow from financing activities was -$6,597,427.67 in Q1 2023, contrasting with a net inflow of $34,671,989.70 in Q1 2022[54] Assets and Liabilities - Total assets as of March 31, 2023, were CNY 432,281,277.14, a decrease of 2.42% compared to CNY 443,023,045.85 at the end of 2022[10] - The company's total liabilities to total assets ratio was 29.25% as of March 31, 2023, down from 29.82% at the end of 2022[10] - Total liabilities decreased to ¥126,432,081.00 from ¥132,121,417.25, a reduction of 4.2%[38] - The company reported a current liability total of ¥125,132,983.41, down from ¥130,721,225.02, indicating a decrease of 4.5%[37] - The company reported a total of 15,157,123.48 CNY in assets that are restricted, representing 3.50% of total assets[30] Shareholder Information - The total number of ordinary shareholders was 3,565 as of the end of the reporting period[20] - The largest shareholder, Shanghai Lexiangjia Industrial Co., Ltd., holds 46,943,645 shares, representing 47.98% of total shares[23] - The total number of shares held by the top ten shareholders is 67,734,051, accounting for 69.23% of the total shares[24] - The company granted stock options for 2,000,000 shares at a price of 7.50 CNY per share to 46 employees, with a total of 2,000,000 shares granted but not yet exercised by the end of the reporting period[28] Expenses - The company's financial expenses increased by 173.48% due to higher interest expenses on short-term loans and increased exchange losses[14] - The company experienced a 30.30% increase in operating costs due to expanded sales volume[14] - The company’s financial expenses rose to ¥1,394,119.60 in Q1 2023, compared to ¥509,771.20 in Q1 2022, an increase of 173.5%[45] - Research and development expenses increased to ¥1,494,028.92 in Q1 2023, compared to ¥1,180,257.06 in Q1 2022, marking a growth of 26.6%[45] Inventory and Impairment - A provision for inventory impairment of 11.6054 million CNY was made due to a significant drop in the price of capelin roe, affecting future sales prices[32] - Inventory decreased significantly to ¥108,550,281.84, down 25% from ¥144,684,097.42[36] Compliance and Legal Matters - The company has no ongoing litigation, arbitration, or external guarantees during the reporting period[26] - The company has no significant changes in shareholder structure or related party transactions during the reporting period[26] - The company has not disclosed any major acquisitions or asset sales during the reporting period[26] - The company has complied with all disclosed commitments without any violations during the reporting period[29] - The company has no frozen or seized assets reported during the period[31]