ZFTC(SH:600794)2023-04-24 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 261,116,528.93, representing a decrease of 14.69% compared to the same period last year[5]. - Net profit attributable to shareholders was CNY 65,723,994.14, an increase of 67.72% year-on-year[5]. - The net profit excluding non-recurring gains and losses was CNY 52,352,266.76, up by 34.02% compared to the previous year[5]. - In Q1 2023, the company's net profit reached CNY 68,035,351.63, a significant increase of 67.5% compared to CNY 40,634,713.25 in Q1 2022[19]. - The total comprehensive income for Q1 2023 was CNY 68,035,351.63, up from CNY 40,634,713.25 in Q1 2022, indicating strong overall performance[20]. - The operating profit for Q1 2023 was CNY 84,554,798.18, compared to CNY 51,126,315.78 in Q1 2022, reflecting a growth of 65.2%[19]. Cash Flow and Assets - The net cash flow from operating activities was negative at CNY -243,860,998.19, a decrease of 27.25% year-on-year[5]. - The company reported a cash flow from operating activities of CNY -243,860,998.19, worsening from CNY -191,638,798.39 in Q1 2022[22]. - Cash and cash equivalents were CNY 569,510,625.05 as of March 31, 2023, down from CNY 723,796,434.94 at the end of 2022, a decrease of approximately 21.3%[15]. - The total investment cash outflow was CNY 300,404,101.97, significantly higher than CNY 40,667,762.44 in the same quarter last year[22]. - Total current assets totaled CNY 2,506,442,078.98 as of March 31, 2023, compared to CNY 2,060,218,783.44 at the end of 2022, reflecting an increase of approximately 21.6%[15]. - Total assets at the end of Q1 2023 reached CNY 4,155,243,124.65, an increase of 11.47% from the end of the previous year[6]. - Total assets reached CNY 4,155,243,124.65 as of March 31, 2023, up from CNY 3,727,797,444.82 at the end of 2022, indicating a growth of about 11.5%[17]. - Total liabilities increased to CNY 1,507,692,694.32 as of March 31, 2023, compared to CNY 1,149,011,232.71 at the end of 2022, representing a rise of approximately 31.2%[17]. - Shareholders' equity totaled CNY 2,647,550,430.33 as of March 31, 2023, compared to CNY 2,578,786,212.11 at the end of 2022, reflecting an increase of about 2.7%[17]. Shareholder Information - The company reported a total of 62,274 common shareholders at the end of the reporting period[11]. - The company’s basic and diluted earnings per share were both CNY 0.05, compared to CNY 0.03 in the previous year, marking a 66.7% increase[20]. Operational Developments - The company expanded its warehousing business, leading to significant revenue growth in this segment compared to the previous year[8]. - The company is actively extending its service chain in the logistics sector, enhancing operational efficiency and customer service experience[8]. - Research and development expenses increased to CNY 1,581,100.95, up from CNY 1,298,161.32, indicating a focus on innovation[19]. Cost Management - Total operating costs decreased to CNY 187,240,346.48 in Q1 2023 from CNY 257,995,201.30 in Q1 2022, a reduction of about 27.4%[18]. - The company reported a net profit margin improvement due to reduced operating costs, although specific profit figures were not disclosed in the provided content[18]. - The company’s financial expenses rose to CNY 6,046,889.23, compared to CNY 5,352,529.36 in Q1 2022, reflecting increased borrowing costs[19].