Financial Performance - Operating revenue for Q1 2023 was CNY 31,365,858.64, representing a 29.79% decrease compared to CNY 44,675,703.47 in Q1 2022[10] - Net profit attributable to shareholders for Q1 2023 was CNY 5,461,277.43, down 39.96% from CNY 9,096,786.46 in the same period last year[10] - The basic earnings per share for Q1 2023 was CNY 0.07, a decrease of 56.25% from CNY 0.16 in Q1 2022[11] - Total operating revenue for Q1 2023 was 28,894,657.69, a decrease of 28.8% compared to 40,445,111.03 in Q1 2022[40] - Net profit for Q1 2023 was 5,461,277.43, down 40.5% from 9,096,786.46 in Q1 2022[39] - Operating profit for Q1 2023 was 6,268,339.37, a decline of 39.5% from 10,384,902.15 in Q1 2022[38] - Total comprehensive income for Q1 2023 was 5,461,277.43, compared to 9,096,786.46 in Q1 2022[39] Cash Flow - The net cash flow from operating activities increased by 57.10% to CNY 12,750,323.62 in Q1 2023, compared to CNY 8,115,937.51 in Q1 2022[10] - Operating cash flow for Q1 2023 was CNY 12,750,323.62, an increase of 57.5% compared to CNY 8,115,937.51 in Q1 2022[43] - Total cash inflow from operating activities was CNY 59,021,723.18, slightly down by 0.76% from CNY 59,473,339.60 in the same period last year[43] - Cash outflow from operating activities decreased to CNY 46,271,399.56, down by 9.5% from CNY 51,357,402.09 in Q1 2022[43] - Cash and cash equivalents at the end of Q1 2023 reached CNY 166,845,216.27, significantly up from CNY 31,041,329.80 at the end of Q1 2022[44] - The company received CNY 30,000,000.00 from investment recoveries in Q1 2023, with total cash inflow from investment activities at CNY 30,247,750.00[44] - Cash flow from operating activities for the parent company was CNY 13,302,897.22, an increase of 99.9% from CNY 6,689,129.91 in Q1 2022[46] Assets and Liabilities - Total assets as of March 31, 2023, reached CNY 368,676,207, a 1.22% increase from CNY 364,239,946.99 at the end of 2022[10] - Total liabilities decreased to CNY 60,546,520.58 from CNY 62,257,752.37 year-over-year[31] - Current liabilities totaled CNY 59,572,055.96, down from CNY 61,256,160.63 in the previous period[31] - The company has a total of CNY 10,063,093.36 in assets that are either frozen, pledged, or restricted, accounting for 2.73% of total assets[26] - The company reported a decrease in accounts receivable from CNY 71,478,266.55 in 2022 to CNY 51,914,743.28 in 2023[29] - Inventory as of March 31, 2023, was CNY 54,012,625.79, a 35.17% increase from CNY 39,957,940.70 at the end of 2022, attributed to new large customer orders[12] Shareholder Information - The company reported a total shareholding of 56,289,109 shares, representing 67.01% of the total shares outstanding[19] - The largest shareholder, Chen Yuezong, holds 34,552,000 shares, accounting for 41.13% of the total shares[19] - The second-largest shareholder, Haiyan Qifeng Investment Consulting Co., Ltd., holds 10,795,050 shares, representing 12.85% of the total shares[19] - The company has a total of 5 shareholders with over 5% ownership, with no significant related party relationships among them[19] Commitments and Transactions - The company has ongoing commitments related to shareholding and competition avoidance, which are currently being fulfilled[25] - The company expects to purchase food from related parties in 2023, with a transaction amount not exceeding CNY 2.1 million, and the actual amount incurred this period is CNY 201,520[24] - The company anticipates leasing from related parties in 2023, with a transaction amount not exceeding CNY 4.52 million, and the actual amount incurred this period is CNY 862,249.98[24] - The company has executed daily related transactions as planned, with timely disclosures made[22] - No external guarantees or loans were provided during the reporting period[22] - The company has not engaged in any share buyback activities during the reporting period[22] - The company has fulfilled all disclosed commitments in a timely manner[22] Legal and Compliance - There are ongoing litigation cases with a total amount of 189,000, which constitutes 0.06% of the company's net assets[23] - There are no significant events of asset seizure, freezing, or pledging reported[22] - The company is in compliance with its commitments regarding the authenticity and completeness of its issuance application documents[26]
七丰精工(873169) - 2023 Q1 - 季度财报