Jiangxi Changyun(SH:600561)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 360,508,188.64, representing a decrease of 11.39% compared to the same period last year[6]. - The net profit attributable to shareholders was a loss of CNY 40,973,455.70, with a basic earnings per share of -CNY 0.14[6][7]. - Operating profit for Q1 2023 was a loss of CNY 53,757,760.24, compared to a loss of CNY 24,660,862.34 in Q1 2022[20]. - The company reported a net loss of CNY 45,962,623.76 for Q1 2023, compared to a net loss of CNY 23,900,918.19 in Q1 2022[20]. - The net profit for Q1 2023 was -48,156,721.06 CNY, compared to -25,073,407.32 CNY in Q1 2022, indicating a decline of approximately 92.1% year-over-year[21]. - The net profit attributable to shareholders of the parent company was -40,973,455.70 CNY, a significant increase from -16,069,412.44 CNY in the same period last year[21]. - The basic and diluted earnings per share for Q1 2023 were both -0.14 CNY, compared to -0.06 CNY in Q1 2022, reflecting a worsening in earnings performance[21]. - The company reported a total comprehensive income of -48,156,721.06 CNY for Q1 2023, compared to -25,073,407.32 CNY in Q1 2022, reflecting a decline of approximately 92.1%[21]. Cash Flow and Liquidity - The net cash flow from operating activities increased by 116.56%, amounting to CNY 59,054,365.14, driven by higher cash receipts from sales and services[9]. - Operating cash flow for Q1 2023 was 59,054,365.14 CNY, up from 27,268,948.22 CNY in Q1 2022, representing an increase of approximately 117.5%[22]. - The total cash inflow from financing activities was 562,100,000.00 CNY, compared to 669,400,000.00 CNY in Q1 2022, showing a decrease of about 16.0%[23]. - The cash and cash equivalents at the end of Q1 2023 were 397,005,464.91 CNY, down from 669,037,321.26 CNY at the end of Q1 2022, a decline of approximately 40.6%[23]. - The total cash outflow from investing activities was 50,300,137.81 CNY, down from 91,840,452.71 CNY in Q1 2022, indicating a reduction of approximately 45.0%[23]. - The net cash flow from financing activities was -23,997,154.72 CNY in Q1 2023, a significant decrease from 272,587,803.72 CNY in Q1 2022[23]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,703,999,531.61, a decrease of 1.70% from the previous year[7]. - Total assets as of March 31, 2023, amounted to CNY 4,703,999,531.61, a decrease from CNY 4,785,364,574.94 at the end of 2022[16]. - Total liabilities as of March 31, 2023, were CNY 3,533,516,358.71, down from CNY 3,565,834,918.44 at the end of 2022[17]. - The company's total equity as of March 31, 2023, was CNY 1,170,483,172.90, down from CNY 1,219,529,656.50 at the end of 2022[17]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,807[10]. - The largest shareholder, Jiangxi Changyun Group Co., Ltd., holds 23.09% of the shares[11]. Future Outlook - The company plans to focus on improving operational efficiency and exploring new market opportunities in the upcoming quarters[9]. Non-Recurring Items - Non-recurring gains and losses totaled CNY 18,097,503.78, with significant contributions from government subsidies and asset disposals[8]. - The company experienced a decrease in investment income by CNY 36,342,900.00 due to the absence of asset disposals compared to the previous year[9]. Inventory and Receivables - Accounts receivable as of March 31, 2023, were CNY 198,631,146.40, a decrease from CNY 205,662,115.35 at the end of 2022[15]. - Inventory as of March 31, 2023, increased to CNY 66,557,383.96 from CNY 61,905,727.90 at the end of 2022[15]. Operating Costs - Total operating costs for Q1 2023 were CNY 513,875,638.26, down 8.5% from CNY 561,416,416.54 in Q1 2022[20]. - The total operating cash inflow for Q1 2023 was 702,560,562.11 CNY, compared to 675,811,916.16 CNY in Q1 2022, an increase of about 3.0%[22].