光明乳业(600597) - 2023 Q1 - 季度财报

Financial Performance - Total operating revenue for Q1 2023 was CNY 7,070,923,416, a decrease of 2.42% compared to CNY 7,246,234,781 in Q1 2022[23] - Net profit attributable to shareholders of the listed company was CNY 187,460,488, an increase of 13.05% year-on-year[32] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 174,733,261, up 25.20% from the previous year[32] - Operating profit for the quarter was CNY 287,773,190, compared to CNY 221,699,715 in the same period last year[23] - The company reported a comprehensive income total of CNY 150,632,804, compared to CNY 257,733,401 in the previous period, a decline of approximately 41.5%[43] - The company reported a decrease in sales revenue from 8,649,342,670 RMB in Q1 2022 to 8,272,980,397 RMB in Q1 2023[45] Cash Flow - The net cash flow from operating activities was -CNY 139,225,278, a decrease of 224.47% compared to the previous year[18] - In Q1 2023, the net cash flow from operating activities was -139,225,278 RMB, a decrease from 111,850,305 RMB in Q1 2022[45] - Total cash inflow from operating activities was 8,438,354,420 RMB, down from 8,791,576,988 RMB year-over-year[45] - Cash outflow from operating activities totaled 8,577,579,698 RMB, compared to 8,679,726,683 RMB in the previous year[45] - The net cash flow from investing activities was -86,373,408 RMB, an improvement from -420,711,597 RMB in Q1 2022[45] - Cash inflow from investing activities was 60,606,983 RMB, while cash outflow was 146,980,391 RMB[45] - Cash inflow from financing activities was 392,046,209 RMB, slightly down from 397,800,213 RMB in Q1 2022[45] - Cash outflow for debt repayment was 433,628,361 RMB, an increase from 410,013,070 RMB year-over-year[45] - The company received 58,327,053 RMB in cash for dividend distribution, compared to 27,323,112 RMB in the same quarter last year[45] - The company received tax refunds of 112,747,370 RMB, slightly up from 108,814,784 RMB in the previous year[45] Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 23,784,162,375, down 2.73% from CNY 24,452,336,700 at the end of the previous year[34] - Total assets decreased from CNY 24,452,336,700 to CNY 23,784,162,375, a decline of approximately 2.73%[42] - Total liabilities decreased from CNY 13,904,084,269 to CNY 13,093,393,140, a reduction of approximately 5.83%[42] - Current assets totaled CNY 9,328,548,695, down from CNY 9,908,472,379, indicating a decrease of about 5.83%[42] - The company’s total non-current assets amounted to CNY 14,455,613,680, slightly down from CNY 14,543,864,321[42] - The company’s short-term borrowings decreased from CNY 1,202,759,784 to CNY 1,156,551,673, a reduction of about 3.84%[42] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 87,501[36] - The largest shareholder, Bright Food (Group) Co., Ltd., holds 51.63% of the shares, totaling 711,860,596 shares[36] Earnings and Returns - The basic earnings per share for the quarter were CNY 0.14, an increase of 16.67% year-on-year[32] - Basic earnings per share rose to CNY 0.14, compared to CNY 0.12 in the previous period, reflecting a 16.67% increase[43] - The weighted average return on net assets was 2.33%, an increase of 0.24 percentage points compared to the previous year[32] - Net profit attributable to shareholders increased to CNY 187,460,488, up from CNY 165,818,384, representing a growth of about 13.5%[43] Research and Development - Research and development expenses for the quarter were CNY 20,077,408, compared to CNY 16,760,085 in Q1 2022[23]