SUNNY LOAN TOP(SH:600830)2023-04-27 16:00Financial Performance - Total operating revenue for Q1 2023 reached ¥81,143,263.65, representing a year-on-year increase of 9.03%[4] - Operating income increased by 34.08% year-on-year to ¥62,601,079.57[4] - Net profit attributable to shareholders was ¥19,872,917.90, marking a significant increase of 65.58% compared to the same period last year[4] - Basic earnings per share rose by 69.23% to ¥0.044 per share[4] - Total operating revenue for Q1 2023 was CNY 81,143,263.65, an increase of 9.2% compared to CNY 74,420,250.14 in Q1 2022[19] - Operating income reached CNY 62,601,079.57, up 34.1% from CNY 46,689,091.01 in the same period last year[20] - Net profit for Q1 2023 was CNY 25,235,829.93, representing a 26.5% increase from CNY 19,875,098.97 in Q1 2022[21] - Earnings per share (EPS) for Q1 2023 was CNY 0.044, compared to CNY 0.026 in Q1 2022, reflecting a 69.2% increase[21] Asset and Liability Changes - Total assets decreased by 7.62% from the end of the previous year, totaling ¥3,313,010,372.76[5] - The company reported a total current asset of RMB 1,755,644,093.59 as of March 31, 2023, a decrease from RMB 1,808,056,594.24 on December 31, 2022, representing a decline of approximately 2.9%[16] - Total assets decreased to CNY 3,313,010,372.76 from CNY 3,586,307,181.03, a decline of 7.6% year-over-year[18] - Total liabilities decreased to CNY 574,261,710.40 from CNY 848,681,677.52, a reduction of 32.3% compared to the previous year[18] - Non-current liabilities decreased to CNY 242,864,742.50 from CNY 356,529,591.18, a decline of 31.8% year-over-year[18] Shareholder Information - The company had a total of 26,457 common shareholders at the end of the reporting period[8] - The top shareholder, Zhejiang Xiangyi Holdings Co., Ltd., holds 15.26% of the shares, totaling 69,342,233 shares[8] Cash Flow and Management - Cash and cash equivalents amounted to RMB 1,212,016,682.69, down from RMB 1,242,723,947.21, indicating a decrease of about 2.6%[16] - Cash inflow from operating activities totaled $340,766,643.47, an increase of 31.7% compared to $258,692,738.64 in the previous year[23] - Cash paid for operating activities was $59,809,027.93, significantly lower than $614,341,806.74 in the previous year, indicating improved cash management[23] - The company reported a net cash flow from operating activities of $280,957,615.54, a turnaround from a negative cash flow of $355,649,068.10 in the same quarter last year[23] Non-Recurring Items - Non-recurring gains and losses included a profit of ¥24,706,665.08 from the disposal of non-current assets[6] - The company received a compensation of RMB 28,714,383 for the expropriation of a property, with an additional RMB 886,158 as a relocation incentive, resulting in a non-recurring gain of approximately RMB 24,700,000 after deducting related costs[13] - The decline in net profit excluding non-recurring items was 65.87%, primarily due to decreased income from financing leasing, pawn, and guarantee businesses[7] Legal Matters - As of now, the company faces 143 lawsuits related to securities false statements, with total claims amounting to RMB 58,510,395.668[15] - The company has paid out RMB 21,885,657.24 in compensation for 119 of the 120 resolved cases, with a total judgment amount of RMB 21,625,989.26[15] Lease Agreements - The company signed a 15-year lease agreement for the Chenghuangmiao Mall, with an annual rent starting at RMB 9.77 million for the first three years, increasing by 1% every three years thereafter[11] - The company received a rental deposit of RMB 2,442,500 related to the lease agreement[12] Non-Current Assets - The company’s non-current assets include long-term receivables of RMB 761,715,638.65, down from RMB 995,169,123.57[16] - The company’s total liabilities and equity figures are not provided in the extracted data, but the financial health can be inferred from the changes in current and non-current assets[16]