SPICYD(SH:600292)2023-04-21 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 804,664,290.08, a decrease of 10.72% compared to the same period last year[3]. - Net profit attributable to shareholders was CNY 29,892,734.07, an increase of 17.86% year-on-year[3]. - Basic earnings per share for Q1 2023 were CNY 0.04, reflecting a 33.33% increase year-on-year[3]. - The net profit for Q1 2023 was CNY 32,636,172.19, slightly up from CNY 32,631,398.68 in Q1 2022, indicating a stable performance year-over-year[18]. - Operating profit increased to CNY 48,226,779.25 in Q1 2023 from CNY 46,576,361.37 in Q1 2022, reflecting a growth of approximately 3.5%[18]. - Total comprehensive income for Q1 2023 was CNY 33,663,535.98, compared to CNY 32,631,398.68 in Q1 2022, showing a growth of about 3.2%[19]. Cash Flow - The net cash flow from operating activities was negative at CNY -15,593,073.77, a decline of 88.78% compared to the previous year[3]. - Cash flow from operating activities showed a net outflow of CNY -15,593,073.77, an improvement from CNY -138,917,199.28 in the same period last year[21]. - The company reported a cash flow from operating activities of CNY -17,042,316.60 for Q1 2023, compared to CNY -23,905,823.53 in Q1 2022[28]. - Total cash inflow from operating activities was 19,754,661.26, compared to 16,901,342.42 in the same period last year, reflecting a year-over-year increase of approximately 10.8%[31]. - Cash outflow from operating activities decreased to 30,707,964.03 from 39,715,932.69, marking a reduction of about 22.7%[31]. Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 10,201,592,302.60, down 1.87% from the end of the previous year[4]. - Total assets decreased to 10,201,592,302.60 RMB from 10,395,973,698.16 RMB, reflecting a reduction in overall asset base[13]. - Total liabilities decreased to 4,640,210,156.53 RMB from 4,867,981,832.20 RMB, showing a decrease in financial obligations[14]. - Current assets totaled CNY 634,953,486.47, down 7.9% from CNY 689,402,407.74 at the end of 2022[24]. - The company’s total owner's equity as of March 31, 2023, was CNY 5,066,304,237.66, down from CNY 5,089,846,742.69 at the end of 2022[25]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 43,128[7]. - The company did not distribute cash dividends for the 2022 fiscal year due to a negative net profit attributable to shareholders[9]. Cost Management - Total operating costs for Q1 2023 were 786,695,775.80 RMB, down from 878,315,826.99 RMB in Q1 2022, reflecting a cost reduction strategy[17]. - The company is focusing on cost control and efficiency improvements to enhance profitability in the upcoming quarters[17]. Investment Activities - The company’s investment activities resulted in a net cash outflow of CNY -34,643,390.84, compared to CNY -22,205,867.40 in the same period last year, highlighting increased investment efforts[22]. - Cash inflow from investing activities totaled 214,513,750.01, compared to 8,066,158.06 in the previous year, showing a substantial increase[32]. - Cash outflow from investing activities rose to 208,790,842.50 from 12,276,316.99, indicating a significant increase in investment expenditures[32]. Government Support - The company received government subsidies amounting to CNY 10,784,603.15 during the reporting period[5].