中文传媒(600373) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥2,491,320,073.73, representing a decrease of 3.86% compared to the same period last year[4]. - Net profit attributable to shareholders was ¥427,955,022.54, an increase of 10.60% year-on-year[4]. - The net profit after deducting non-recurring gains and losses was ¥316,118,062.21, down 21.93% from the previous year[4]. - Total operating revenue for Q1 2023 was CNY 2,491,320,073.73, a decrease of 3.9% compared to CNY 2,591,401,507.47 in Q1 2022[21]. - Net profit for Q1 2023 was CNY 428,268,950.76, an increase of 9.2% from CNY 392,012,859.42 in Q1 2022[22]. - Earnings per share for Q1 2023 were CNY 0.32, compared to CNY 0.29 in Q1 2022, representing a growth of 10.3%[23]. - The total comprehensive income for Q1 2023 was CNY 428,268,950.76, compared to CNY 392,012,859.42 in Q1 2022, marking an increase of 9.2%[23]. Cash Flow - The net cash flow from operating activities was negative at -¥759,433,230.16, indicating a significant cash outflow[4]. - Cash flow from operating activities in Q1 2023 was CNY 1,974,522,329.18, down from CNY 2,269,404,503.11 in Q1 2022, indicating a decline of 12.9%[24]. - Operating cash inflow totaled CNY 2,190,097,281.05, a decrease from CNY 2,457,316,205.23 in the previous period[25]. - Operating cash outflow amounted to CNY 2,949,530,511.21, compared to CNY 2,451,635,457.36 last year, resulting in a net cash flow from operating activities of -CNY 759,433,230.16[25]. - The company received CNY 205,950,363.25 in cash related to operating activities, an increase from CNY 186,816,621.55[25]. - Cash paid for purchasing goods and services was CNY 2,143,956,880.61, significantly higher than CNY 1,595,442,245.22 in the previous period[25]. - Cash paid for employee compensation was CNY 459,536,154.22, slightly down from CNY 463,761,698.39[25]. - Cash paid for taxes was CNY 82,209,453.48, compared to CNY 100,430,193.58 last year[25]. - The company reported a decrease in cash received from investment income to CNY 15,059,136.25 from CNY 13,900,592.61[26]. Assets and Liabilities - The company's total assets increased by 8.60% to ¥31,202,372,152.00 compared to the end of the previous year[6]. - Total current assets as of March 31, 2023, amounted to CNY 21,575,189,763.59, an increase from CNY 19,186,835,948.73 in the previous year[17]. - Total assets as of March 31, 2023, were CNY 31,202,372,152.00, compared to CNY 28,730,992,292.05 in the previous year, marking an increase of approximately 5.2%[18]. - Total liabilities reached CNY 19,574,000,000.00, reflecting a significant increase from the previous year[18]. - Total liabilities as of Q1 2023 amounted to CNY 13,082,007,978.36, an increase of 18.5% from CNY 11,040,803,286.65 in the previous year[20]. - The company reported a significant increase in contract liabilities to CNY 2,143,153,682.07 from CNY 1,939,226,346.83, indicating a growth of approximately 10.5%[18]. - The company’s equity position improved, with total equity increasing to CNY 11,628,372,152.00, up from CNY 9,500,000,000.00[18]. - Total equity for Q1 2023 was CNY 18,120,364,173.64, up from CNY 17,690,189,005.40 in Q1 2022, reflecting a growth of 2.4%[20]. Operational Metrics - Accounts receivable increased by 76.51% to ¥1,417,216,388.02, attributed to seasonal factors in textbook sales[11]. - Inventory levels rose by 31.37% to ¥1,427,025,617.93, reflecting increased stockpiling[11]. - Short-term borrowings increased by 30.87% to ¥1,756,916,344.49, indicating a rise in operational financing needs[12]. - Accounts receivable increased to CNY 1,417,216,388.02 from CNY 802,931,083.54, reflecting a growth of approximately 76.5%[17]. - Inventory rose to CNY 1,427,025,617.93, compared to CNY 1,086,298,738.34, indicating a growth of about 31.4%[18]. - Short-term borrowings increased to CNY 1,756,916,344.49 from CNY 1,342,440,180.61, representing a rise of about 30.9%[18]. Research and Development - Research and development expenses for Q1 2023 were CNY 50,763,780.17, a decrease of 12.3% compared to CNY 58,189,310.26 in Q1 2022[21]. - The company reported a financial income of CNY 60,474,224.48 in Q1 2023, down from CNY 95,684,429.59 in Q1 2022, indicating a decline of 36.8%[21].