MAOYE COMMERCIAL(SH:600828)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 942,297,846.71, representing a year-on-year increase of 9.14%[6] - The net profit attributable to shareholders for Q1 2023 was CNY 106,146,545.33, a significant increase of 158.31% compared to the same period last year[6] - The basic earnings per share for Q1 2023 was CNY 0.0613, reflecting an increase of 158.65% year-on-year[7] - The total comprehensive income for the first quarter of 2023 was CNY 113,977,026, compared to CNY 59,978,487 in the same period of 2022, representing an increase of approximately 90%[28] - Basic and diluted earnings per share for Q1 2023 were CNY 0.0613, up from CNY 0.0237 in Q1 2022, indicating a growth of 158%[28] - Net profit for Q1 2023 was CNY 105,146,786.19, a significant increase of 171.5% compared to CNY 38,746,743.05 in Q1 2022[27] Cash Flow - The net cash flow from operating activities for Q1 2023 was CNY 318,825,526.24, up by 43.78% from the previous year[6] - Cash flow from operating activities generated a net cash inflow of CNY 318,825,526.24, compared to CNY 221,752,705.48 in the previous year, reflecting a year-over-year increase of 44%[31] - Cash inflow from operating activities totaled CNY 2,063,448,093.10, while cash outflow was CNY 1,744,622,566.86, resulting in a net cash flow from operations[30] - Investment activities generated a net cash inflow of CNY 214,500,699.72, slightly up from CNY 203,238,305.72 in the same quarter of 2022[31] - Cash flow from financing activities resulted in a net outflow of CNY 479,029,612.15, an improvement from a net outflow of CNY 744,725,413.47 in Q1 2022[31] - The ending balance of cash and cash equivalents increased to CNY 474,828,608.01 from CNY 284,688,084.21 year-over-year[32] Assets and Liabilities - The total assets at the end of Q1 2023 were CNY 20,163,608,794.78, a decrease of 1.67% from the end of the previous year[7] - The company's total assets amounted to CNY 20,163,608,794.78, a decrease from CNY 20,505,850,939.60 at the end of the previous quarter[25] - Total liabilities decreased to CNY 12,339,394,547.02 from CNY 12,795,613,717.81, reflecting a reduction of 3.6%[24] - The company's long-term investments totaled CNY 282,405,695.12, slightly down from CNY 283,890,557.08 in the previous quarter[25] Shareholder Information - The company had a total of 19,700 common shareholders at the end of the reporting period[13] - The top shareholder, Shenzhen Maoye Commercial Co., Ltd., held 80.90% of the shares, amounting to 1,401,135,188 shares[14] Related Party Transactions - The company plans to establish a wholly-owned subsidiary, Chengdu Shuangliu Maoye Times Commercial Management Co., Ltd., with a registered capital of RMB 100,000, focusing on enterprise management, retail, and consulting services[16] - The company has approved related party transactions for property management contracts with an estimated total amount not exceeding RMB 7 million[16] - The company will pay a maximum of RMB 22.3 million for the use of retail-related business and financial software from its controlling shareholder, Shenzhen Maoye Department Store Co., Ltd.[18] - The company plans to engage in related party transactions estimated to total no more than RMB 180 million to enhance online and offline business integration[19] - The company has approved related party transactions for elevator maintenance contracts with an estimated total amount not exceeding RMB 6 million[20] Financial Assets - The company reported a total of RMB 25,664,013.45 in trading financial assets as of March 31, 2023, compared to RMB 25,302,623.36 as of December 31, 2022[22]