QCMC(SH:600229)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 637,336,821.08, representing a year-on-year increase of 10.22%[4] - The net profit attributable to shareholders for the same period was CNY 96,797,540.46, reflecting a growth of 10.45% compared to the previous year[4] - The basic earnings per share (EPS) was CNY 0.1465, which is an increase of 12.82% year-on-year[4] - Total operating revenue for Q1 2023 reached CNY 637,336,821.08, an increase of 10.2% compared to CNY 578,256,690.75 in Q1 2022[16] - Net profit for Q1 2023 was CNY 96,409,276.55, representing a growth of 10.5% from CNY 86,947,966.92 in Q1 2022[16] - Earnings per share (EPS) for Q1 2023 was CNY 0.1465, compared to CNY 0.1299 in Q1 2022, reflecting a 27.4% increase[17] - The total comprehensive income for Q1 2023 was CNY 96,409,276.55, compared to CNY 86,947,966.92 in Q1 2022, showing overall growth[17] Assets and Liabilities - Total assets at the end of Q1 2023 amounted to CNY 4,188,496,976.32, up 2.31% from the end of the previous year[5] - Current assets totaled RMB 2,421,924,372.11, up from RMB 2,304,792,556.44, indicating an increase of about 5.09%[10] - Total liabilities reached RMB 2,421,924,372.11, compared to RMB 2,304,792,556.44, showing an increase of approximately 5.09%[11] - The total liabilities decreased slightly to CNY 1,081,377,724.22 from CNY 1,083,249,592.44 year-on-year[16] - The company’s total liabilities and equity ratio indicates a stable financial position, with total liabilities at RMB 2,421,924,372.11 against total assets of RMB 4,188,496,976.32[11] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 29,108[8] - The largest shareholder, Qingdao Publishing Group Co., Ltd., holds 55.75% of the shares[8] - The company’s equity attributable to shareholders increased to CNY 3,094,616,117.55, marking a rise of 3.23% compared to the previous year[5] - The total equity attributable to shareholders increased to CNY 3,094,616,117.55, up from CNY 2,997,818,577.09 in the previous year[16] Cash Flow - The company reported a net cash flow from operating activities of -CNY 102,220,084.47, which is not applicable for year-on-year comparison[4] - Cash generated from operating activities was CNY 399,618,045.41, a significant rise from CNY 319,323,105.49 in the previous year[19] - Total cash inflow from operating activities was 443,537,588.90, compared to 345,062,316.57 in the same period last year, representing an increase of approximately 28.5%[20] - Cash outflow from operating activities totaled 545,757,673.37, up from 481,152,210.62, indicating a rise of about 13.4%[20] - The net cash flow from investing activities was -1,070,202.25, an improvement from -9,848,128.50 year-over-year[20] - The net cash flow from financing activities was -4,836,171.28, compared to -158,982,553.24 in the previous year, reflecting a substantial improvement[22] - The ending cash and cash equivalents balance was 931,424,292.21, down from 1,039,550,750.21 at the beginning of the period[22] Research and Development - Research and development expenses surged by 155.41% during the reporting period, indicating increased investment in innovation[6] - Research and development expenses rose to CNY 820,322.86, compared to CNY 321,180.03 in Q1 2022, indicating a focus on innovation[16] Other Financial Metrics - The weighted average return on equity (ROE) was 3.1776%, which increased by 0.17 percentage points year-on-year[4] - The company reported an investment loss of CNY 800,233.60, an improvement from a loss of CNY 1,547,805.20 in the same quarter last year[16] - The company received tax refunds amounting to 187,678.61, an increase from 161,339.95 in the previous year[20] - The total cash outflow for employee payments was 96,923,172.28, slightly up from 93,002,080.71 year-over-year[20]