友好集团(600778) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 541,907,558.76, a decrease of 3.94% compared to the same period last year[3]. - Net profit attributable to shareholders was CNY 46,242,437.70, an increase of 298.34% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 45,590,212.86, up 1108.95% from the previous year[3]. - Basic earnings per share were CNY 0.1485, reflecting a year-on-year increase of 298.12%[3]. - Total revenue for Q1 2023 was CNY 541.91 million, a decrease of 3.9% compared to CNY 564.11 million in Q1 2022[19]. - Operating profit for Q1 2023 increased to CNY 47.68 million, compared to CNY 14.44 million in Q1 2022, representing a growth of 230.5%[19]. - The company reported a net profit of CNY 48.04 million for Q1 2023, a significant increase from CNY 13.49 million in Q1 2022[19]. - The net profit for Q1 2023 was CNY 48,041,950.90, compared to CNY 13,490,271.24 in Q1 2022, representing a significant increase[20]. - The net profit attributable to shareholders of the parent company was CNY 46,242,437.70, up from CNY 11,608,884.54 in the same period last year[20]. - Total comprehensive income for Q1 2023 reached CNY 49,043,036.54, compared to CNY 14,198,234.06 in Q1 2022, indicating strong growth[20]. - Basic and diluted earnings per share for Q1 2023 were CNY 0.1485, compared to CNY 0.0373 in Q1 2022, reflecting improved profitability[20]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,148,026,378.72, a decrease of 2.51% from the end of the previous year[3]. - Total assets as of March 31, 2023, were CNY 4.15 billion, down from CNY 4.25 billion at the end of 2022, a decrease of 2.6%[15]. - Total liabilities decreased to CNY 3.75 billion from CNY 3.91 billion, a reduction of 3.9%[15]. - Shareholders' equity attributable to the parent company increased by 14.16% to CNY 380,873,704.35[3]. Cash Flow - The net cash flow from operating activities was CNY 106,311,537.38, a slight decrease of 1.28% compared to the previous year[3]. - Cash inflow from operating activities was CNY 1,340,097,623.09, down from CNY 1,619,350,915.80 in Q1 2022[22]. - Cash outflow from operating activities totaled CNY 1,233,786,085.71, compared to CNY 1,511,661,853.86 in the previous year[22]. - The company’s cash flow from operating activities showed improvement, contributing positively to the overall financial health[19]. - The ending cash and cash equivalents balance was CNY 196,607,707.87, down from CNY 361,374,109.85 at the end of Q1 2022[23]. - Cash and cash equivalents decreased to CNY 196.61 million from CNY 254.95 million, a decline of 22.8%[13]. Investments and Non-Recurring Items - Non-recurring gains and losses totaled CNY 652,224.84, with significant contributions from government subsidies and investment income[5]. - Long-term equity investments rose to CNY 362.39 million from CNY 361.61 million, a marginal increase of 0.2%[13]. - The net cash flow from investing activities was CNY 1,513,930.98, a recovery from a net outflow of CNY 40,185,216.91 in Q1 2022[23]. Operational Strategy - The company plans to continue focusing on improving gross margins and reducing expenses to sustain growth in profitability[3].