ZJDR(SH:600113)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥165,427,286.23, a decrease of 56.08% compared to the same period last year[6] - The net profit attributable to shareholders was ¥26,179,042.42, down 42.75% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥24,128,105.29, a decline of 46.55% compared to the previous year[6] - Basic earnings per share were ¥0.06, a decrease of 41.91% compared to the same period last year[6] - The net profit for Q1 2023 was CNY 23,201,515.60, a decrease of 68.6% compared to CNY 73,939,601.23 in Q1 2022[21] - The total comprehensive income attributable to the parent company was CNY 26,179,042.42, compared to CNY 45,725,163.90 in the same quarter last year, reflecting a decline of 42.8%[22] - The company recorded a total profit of CNY 35,368,386.10 for Q1 2023, down from CNY 100,575,829.73 in Q1 2022, indicating a decrease of 64.9%[21] - The operating profit for Q1 2023 was CNY 34,968,325.19, a decline of 65.2% compared to CNY 100,475,455.69 in the same quarter last year[21] Cash Flow and Assets - The net cash flow from operating activities was ¥14,354,313.91, an increase of 102.58% year-on-year[6] - The cash flow from operating activities increased to CNY 14,354,313.91, compared to CNY 7,085,688.85 in Q1 2022, representing a 102.0% increase[23] - The cash flow from investing activities showed a net inflow of CNY 396,457,845.80, a significant improvement from a net outflow of CNY 37,109,097.85 in the previous year[24] - Cash and cash equivalents amounted to ¥1,025,647,476.89 as of March 31, 2023, compared to ¥588,566,162.81 at the end of 2022, indicating a growth of 74.4%[16] - The cash and cash equivalents at the end of Q1 2023 amounted to CNY 1,025,647,476.89, an increase from CNY 366,791,094.48 at the end of Q1 2022[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,889,288,201.54, an increase of 36.12% from the end of the previous year[7] - Current assets as of March 31, 2023, totaled ¥2,063,452,301.37, an increase of 65.7% from ¥1,244,916,160.66 on December 31, 2022[17] - Total assets reached ¥3,889,288,201.54 as of March 31, 2023, compared to ¥2,857,330,340.14 at the end of 2022, reflecting a growth of 36%[19] - Total liabilities increased to ¥1,504,176,458.58 in Q1 2023, up from ¥612,643,934.84 in Q4 2022, marking a rise of 145%[18] Shareholder Information - The top shareholder, Wenzhou Dongfang Group Co., Ltd., holds 49.29% of the shares[13] Market and Operational Insights - The company reported a significant decrease in revenue due to the concentrated delivery of shops in the Longyou Baiyi Agricultural Market in the same period last year[10] - The company did not report any new product developments or market expansion strategies in this quarter[10] - Total operating costs for Q1 2023 were ¥129,079,034.61, down 53% from ¥277,840,761.74 in Q1 2022[20] - Net profit for Q1 2023 was not explicitly stated, but the significant drop in revenue and costs indicates a challenging financial environment[20] - Accounts receivable increased to ¥37,904,616.79 in Q1 2023 from ¥36,162,631.95 in Q4 2022, showing a slight rise of 4.8%[16] - Inventory as of March 31, 2023, was ¥844,916,435.43, significantly higher than ¥107,957,331.43 at the end of 2022, reflecting a growth of 682%[17] - Long-term equity investments decreased to ¥88,754,303.07 in Q1 2023 from ¥144,315,358.86 in Q4 2022, a decline of 38.7%[17] Revenue Comparison - Total operating revenue for Q1 2023 was ¥165,427,286.23, a decrease of 56% compared to ¥376,636,625.14 in Q1 2022[20]