GACO(SH:600523)2023-04-19 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥482,277,153.08, representing a decrease of 15.94% compared to the same period last year[3]. - The net profit attributable to shareholders was ¥33,251,304.29, down 3.17% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥26,102,789.05, a decline of 13.93% compared to the previous year[3]. - Total revenue for Q1 2023 was ¥482,277,153.08, a decrease of 15.93% compared to ¥573,724,530.41 in Q4 2022[16]. - Operating profit for Q1 2023 was ¥40,297,707.04, compared to ¥42,798,173.99 in Q4 2022, reflecting a decline of 5.85%[16]. - The total profit for Q1 2023 is approximately ¥40.01 million, a decrease from ¥42.34 million in Q1 2022, representing a decline of about 5.5%[17]. - The net profit for Q1 2023 is approximately ¥34.16 million, down from ¥35.69 million in Q1 2022, reflecting a decrease of about 4.3%[17]. Assets and Liabilities - The company's total assets at the end of Q1 2023 were ¥3,450,642,433.22, showing a slight increase of 0.07% from the end of the previous year[4]. - Total assets as of March 31, 2023, were ¥3,450,642,433.22, slightly up from ¥3,448,311,273.02 at the end of 2022[12]. - Total liabilities decreased to ¥529,248,383.85 from ¥562,330,635.64, a decline of 5.87%[12]. - Non-current liabilities increased to ¥40,316,501.90 from ¥38,173,165.77, an increase of 5.61%[12]. - The company's retained earnings rose to ¥1,287,726,169.79, compared to ¥1,254,474,865.50 at the end of 2022, an increase of 2.66%[12]. Shareholder Information - The equity attributable to shareholders increased by 1.22% to ¥2,852,959,189.65 compared to the end of the previous year[4]. - The company had a total of 26,290 common shareholders at the end of the reporting period[6]. Earnings and Cash Flow - The basic earnings per share remained unchanged at ¥0.08, while the diluted earnings per share also stood at ¥0.08[3]. - The weighted average return on equity decreased by 0.04 percentage points to 1.17%[3]. - The net cash flow from operating activities was negative at -¥11,399,740.13, which is not applicable for year-on-year comparison[3]. - The net cash flow from operating activities for Q1 2023 is negative at approximately -¥11.40 million, compared to a positive cash flow of ¥16.58 million in Q1 2022[19]. - Cash inflow from operating activities totaled approximately ¥371.58 million in Q1 2023, down from ¥429.73 million in Q1 2022, indicating a decrease of about 13.5%[19]. - Cash outflow from operating activities in Q1 2023 was approximately ¥382.98 million, compared to ¥413.16 million in Q1 2022, showing a reduction of about 7.3%[19]. - The cash flow from investment activities in Q1 2023 is negative at approximately -¥32.51 million, an improvement from -¥96.55 million in Q1 2022[20]. - The total cash and cash equivalents at the end of Q1 2023 is approximately ¥498.16 million, down from ¥541.94 million at the end of Q1 2022[20]. - Cash and cash equivalents decreased to ¥498,163,529.15 from ¥542,096,637.42, a reduction of 8.11%[10]. Non-Recurring Gains - Non-recurring gains totaled ¥7,148,515.24, primarily from government subsidies and other non-operating income[5]. Accounting Standards - The company has not adopted new accounting standards for the current year, maintaining consistency in financial reporting[21]. - The company reported no net profit from the merged entity in Q1 2023, consistent with the previous period[18].