红豆股份(600400) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 655,097,822.68, representing a year-on-year increase of 1.79%[5] - The net profit attributable to shareholders for the same period was CNY 31,457,747.04, reflecting a growth of 5.25% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 29,354,780.65, which is an increase of 22.06% year-on-year[5] - Total operating revenue for Q1 2023 reached ¥655,097,822.68, an increase from ¥643,596,789.32 in Q1 2022, representing a growth of approximately 1.8%[20] - Net profit for Q1 2023 was ¥31,199,195.36, compared to ¥30,948,868.62 in Q1 2022, reflecting a year-over-year increase of approximately 0.8%[22] - The company reported a total comprehensive income of ¥44,162,723.84 for Q1 2023, significantly higher than ¥9,447,738.61 in Q1 2022, representing an increase of approximately 366%[22] Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 4,659,321,244.01, a decrease of 1.64% from the end of the previous year[6] - The company's total liabilities amounted to ¥1,579,773,570.56 as of Q1 2023, down from ¥1,690,588,074.17 in the previous year, showing a decrease of about 6.6%[21] - The total current liabilities decreased to 1,364,726,747.73 RMB from 1,464,042,341.52 RMB at the end of 2022[17] - The company’s total assets as of March 31, 2023, amounted to 4,659,321,244.01 RMB, a decrease from 4,736,952,307.03 RMB at the end of 2022[17] Cash Flow - The net cash flow from operating activities was CNY 7,382,812.54, with an increase attributed to enhanced cash collection efforts[7] - The net cash flow from operating activities for Q1 2023 was ¥7,382,812.54, a significant improvement compared to a net outflow of ¥123,841,908.29 in Q1 2022[26] - Total cash inflow from operating activities was ¥748,298,575.53, up from ¥670,804,538.42 in the previous year, indicating a growth of approximately 11.5%[26] - Cash outflow from operating activities decreased to ¥740,915,762.99 from ¥794,646,446.71, reflecting a reduction of about 6.8%[26] - The net cash flow from investing activities was ¥10,742,211.34, down from ¥103,164,204.06 in the same period last year[27] - The net cash flow from financing activities was -¥37,874,315.31, an improvement from -¥74,905,496.27 in Q1 2022[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 41,257[9] - The largest shareholder, Hongdou Group Co., Ltd., holds 60.04% of the shares, amounting to 1,382,708,418 shares[10] - The total equity attributable to shareholders reached ¥3,031,097,470.19 in Q1 2023, up from ¥2,987,447,401.49 in Q1 2022, marking an increase of approximately 1.5%[21] Business Operations - The company has not disclosed any new product developments or market expansion strategies in this report[4] - As of March 2023, the total number of stores for HOdo brand is 901, a decrease of 2 stores compared to the end of 2022[12] - For the first quarter of 2023, HOdo's men's clothing segment generated revenue of 48,629.94 million RMB, with a gross margin of 46.53%, down 6.95% year-over-year[13] - The total revenue for the first quarter of 2023 was 61,878.74 million RMB, with a gross margin of 38.19%, reflecting a slight increase of 0.84% compared to the previous year[13] - Direct stores contributed 15,803.40 million RMB in revenue with a gross margin of 63.43%, while franchise stores generated 11,122.23 million RMB with a gross margin of 27.48%[14] - Online sales accounted for 25.49% of total revenue in Q1 2023, with a gross margin of 51.45%, compared to 24.59% and 46.37% in Q1 2022[15] - The company plans to raise up to 118 million RMB through a private placement of up to 380 million shares to fund brand experience store upgrades and e-commerce center construction[14] - A new wholly-owned subsidiary, Wuxi Hodo Clothing Technology Co., Ltd., was established with a registered capital of 1 million RMB[15] Research and Development - Research and development expenses for Q1 2023 were ¥7,268,701.32, compared to ¥5,976,672.84 in Q1 2022, indicating an increase of about 21.6%[21] Tax and Deferred Liabilities - The company’s deferred income tax liabilities increased to ¥11,333,531.00 in Q1 2023 from ¥7,673,059.44 in Q1 2022, reflecting a rise of approximately 48.5%[21]