Financial Performance - Operating revenue for the first quarter of 2023 was ¥65,702,572.60, representing a decline of 20.11% year-on-year[8]. - Net profit attributable to shareholders for the first quarter was ¥1,422,490.77, down 91.14% from the same period last year[8]. - The company reported a total profit of CNY 1,377,634.24 for Q1 2023, significantly lower than CNY 18,424,143.88 in Q1 2022, a decline of 92.5%[125]. - Operating profit for Q1 2023 was CNY 1,309,025.85, compared to CNY 18,295,785.78 in Q1 2022, reflecting a decrease of 92.9%[125]. - Total comprehensive income amounted to CNY 3,978,262.22 for the current period, compared to CNY 17,250,018.16 in the previous period[129]. - Basic earnings per share for Q1 2023 were CNY 0.0292, down from CNY 0.4299 in Q1 2022, a decrease of 93.2%[126]. Cash Flow - The net cash flow from operating activities decreased by 61.89% year-on-year, totaling -¥15,559,290.14[9]. - Cash inflow from operating activities was CNY 86,670,913.40, a decrease from CNY 92,191,393.12 year-over-year[130]. - Net cash flow from operating activities was negative CNY 15,559,290.14, compared to negative CNY 9,610,964.13 in the same period last year[130]. - Cash inflow from investment activities totaled CNY 252,305,014.07, significantly up from CNY 29,380,038.36 in the previous year[131]. - Net cash flow from investment activities was negative CNY 5,064,813.29, compared to negative CNY 4,060,527.64 in the prior year[131]. - Cash inflow from financing activities was CNY 10,000,000.00, unchanged from the previous year[131]. - Net cash flow from financing activities was negative CNY 1,805,363.98, a decline from positive CNY 7,703,528.40 in the same period last year[131]. - The ending balance of cash and cash equivalents was CNY 48,413,103.59, down from CNY 24,805,373.18 year-over-year[131]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥599,333,840.57, a decrease of 2.04% compared to the previous year-end[8]. - The total current assets were ¥536,240,900.18, down from ¥552,691,028.72, indicating a decrease of about 3.0%[116]. - Total liabilities decreased to ¥79,702,693.32 from ¥93,872,251.73, a decline of about 15.0%[118]. - The company's total liabilities decreased to CNY 69,729,956.07 in Q1 2023 from CNY 85,559,047.44 in Q1 2022, a reduction of 18.5%[122]. - The total equity attributable to shareholders increased slightly by 0.32% to ¥519,631,147.25 compared to the previous year-end[8]. - The total equity increased to CNY 520,283,138.03 in Q1 2023 from CNY 516,052,284.17 in Q1 2022, showing a slight increase of 0.4%[122]. Share Repurchase and Governance - The company plans to repurchase shares with a total amount estimated between 9.54 million and 15.96 million RMB, representing 0.62%-1.03% of the total share capital[30]. - The maximum repurchase price is set at 31.80 RMB per share, based on the average trading price of 26.84 RMB over the previous 24 trading days[30]. - The repurchase plan is aimed at enhancing the company's governance structure and long-term incentive mechanisms[29]. - The repurchase implementation period is set for up to three months from the approval date by the shareholders' meeting[31]. - The company will adjust the repurchase price if there are any equity distributions during the repurchase period[30]. - The repurchase will not lead to a situation where the company fails to meet the listing conditions of the Beijing Stock Exchange[31]. Commitments and Compliance - The company is currently fulfilling its commitment regarding the issuance of shares with a lock-up promise initiated on May 27, 2022[35]. - The company has ongoing commitments related to profit distribution, initiated on May 27, 2022, ensuring compliance with the outlined details[35]. - The company is actively addressing measures to stabilize stock prices as part of its commitments made on August 24, 2022[35]. - The company guarantees that the submitted issuance application documents do not contain false records, misleading statements, or major omissions[87]. - If there are false records or major omissions in the prospectus, the company will repurchase all newly issued shares at the issuance price plus bank interest[87]. - The company will announce any failure to fulfill commitments on the next trading day after confirmation of the failure[91]. Related Party Transactions - The company has confirmed that there are no other significant related party transactions during the reporting period[27]. - The controlling shareholders and actual controllers of the company have committed to strictly fulfill their public commitments and accept social supervision[96]. - The controlling shareholders will reduce and regulate related party transactions, ensuring compliance with relevant laws and fair market pricing[104]. - The company will not provide funds to the controlling shareholders or their controlled enterprises without a legitimate transaction background[108].
倍益康(870199) - 2023 Q1 - 季度财报