HOMEY(SH:600467)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 242,848,765.34, representing a year-on-year increase of 6.64%[5] - The net profit attributable to shareholders decreased by 15.54% to CNY 7,531,125.75 compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses increased by 50.24% to CNY 2,441,811.68[5] - The company's net profit for Q1 2023 was CNY 7,518,556.44, a slight decrease of 1.98% compared to CNY 7,670,712.31 in Q1 2022[21] - Operating profit for Q1 2023 was CNY 8,758,105.73, down from CNY 9,098,091.33 in the same period last year, reflecting a decrease of 3.74%[21] - The total comprehensive income attributable to the parent company's owners for Q1 2023 was CNY 7,543,695.06, down from CNY 10,161,997.09 in Q1 2022, reflecting a decrease of 25.9%[22] Cash Flow - The net cash flow from operating activities was CNY 22,279,643.21, showing a significant decline of 434.21%[5] - The net cash flow from operating activities for Q1 2023 was $15,213,207.82, a significant improvement from a net outflow of $24,122,361.53 in Q1 2022[34] - Total cash inflow from operating activities reached $313,300,111.93, compared to $230,862,338.89 in the same period last year, marking an increase of approximately 36%[34] - Cash outflow from operating activities was $298,086,904.11, up from $254,984,700.42 in Q1 2022, reflecting a rise of about 17%[34] - The ending cash and cash equivalents balance was $57,918,139.25, an increase from $48,511,761.67 in Q1 2022[35] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 7,189,240,530.25, an increase of 8.73% from the end of the previous year[6] - Total assets increased to RMB 7,189,240,530.25 as of March 31, 2023, compared to RMB 6,612,255,452.68 at the end of 2022, representing a growth of 8.7%[18] - Total liabilities as of March 31, 2023, were RMB 3,816,594,900.05, an increase from RMB 3,247,128,378.92 at the end of 2022, indicating a rise of 17.5%[18] - The total liabilities rose to CNY 3,697,231,622.84 in Q1 2023, compared to CNY 3,065,550,085.58 in Q1 2022, marking an increase of 20.5%[30] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 65,957[12] - The largest shareholder, Haodangjia Group Co., Ltd., holds 39.25% of the shares, with 336,215,687 shares pledged[13] Research and Development - Research and development expenses decreased by 74.96%, attributed to lower payments for wages and materials[11] - The company incurred R&D expenses of CNY 532,189.35 in Q1 2023, a decrease of 75% from CNY 2,125,542.72 in Q1 2022[21] - The company's research and development expenses decreased to CNY 400,160.35 in Q1 2023 from CNY 1,835,511.64 in Q1 2022, a decline of 78.1%[31] Inventory and Borrowings - Inventory as of March 31, 2023, was RMB 1,485,841,093.98, an increase of 5.5% from RMB 1,407,671,998.15 at the end of 2022[16] - The company reported a significant increase in accounts receivable, which rose to CNY 29,715,864.65 in Q1 2023 from CNY 10,883,426.60 in Q1 2022, an increase of 173.1%[28] - The company raised CNY 472,500,000.00 through borrowings in Q1 2023, compared to CNY 454,700,000.00 in Q1 2022, indicating a 3.5% increase[26] - The company received $432,500,000.00 in borrowings during Q1 2023, compared to $414,700,000.00 in Q1 2022, reflecting an increase of approximately 4%[35]