CFC(SH:600977)2023-04-25 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,445,140,100.32, representing a year-on-year increase of 52.71%[4] - The net profit attributable to shareholders was CNY 181,662,559.98, up 56.89% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 160,469,509.70, reflecting a significant increase of 92.68% year-on-year[4] - Total operating revenue for Q1 2023 reached ¥1,445,140,100.32, a significant increase of 53% compared to ¥946,337,886.26 in Q1 2022[17] - Net profit for Q1 2023 was ¥183,080,326.57, representing a 89% increase from ¥96,965,451.49 in Q1 2022[18] - The total comprehensive income for Q1 2023 was ¥183,080,326.57, up from ¥96,965,451.49 in Q1 2022, reflecting a strong performance[18] Cash Flow and Liquidity - The net cash flow from operating activities reached CNY 2,701,553,377.67, an increase of 33.81% from the previous year[4] - In Q1 2023, the cash inflow from operating activities was CNY 4,258,931,616.79, an increase of 35.4% compared to CNY 3,147,251,511.76 in Q1 2022[19] - The cash inflow from other operating activities of CNY 3,124,122,155.59, compared to CNY 1,931,496,215.28 in Q1 2022, which is an increase of 61.9%[19] - The cash outflow for purchasing goods and services was CNY 1,092,215,240.93, significantly higher than CNY 633,911,040.99 in Q1 2022, indicating a rise of 72.5%[19] - The net increase in cash and cash equivalents for Q1 2023 was CNY 2,536,551,988.94, compared to CNY 1,373,877,697.79 in Q1 2022, showing a growth of 84.5%[20] - The cash and cash equivalents at the end of Q1 2023 amounted to CNY 8,918,554,402.44, up from CNY 8,177,329,826.48 at the end of Q1 2022, reflecting a growth of 9.1%[20] Assets and Liabilities - The total assets at the end of the reporting period were CNY 20,173,923,420.51, up 17.38% from the end of the previous year[4] - The total liabilities increased to ¥8,719,035,181.64 in Q1 2023 from ¥5,915,315,622.31 in Q1 2022, marking a 47% rise[17] - Current liabilities totaled RMB 6,631,339,061.42, significantly higher than RMB 3,796,508,078.01 from the previous year, marking an increase of about 74.5%[15] - The company reported a significant increase in accounts payable, which rose to RMB 5,009,270,434.59 from RMB 2,119,910,065.40, a growth of approximately 135.5%[15] Market and Operations - The total box office revenue for the national film market in Q1 2023 was CNY 15.858 billion, a year-on-year growth of 13.45%[9] - The company produced or participated in the release of 9 films, achieving a total box office of CNY 11.897 billion, which accounted for 85.40% of the total box office for domestic films[10] - The company operated 135 cinemas with a total of 1,029 screens, maintaining a market share of 29.14%[10] - The number of registered users on the company's ticketing platform reached 14.1683 million, covering over 85% of the national box office cinemas[10] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 69,748[11] - The total equity attributable to shareholders of the parent company rose to ¥10,998,156,280.88, up from ¥10,816,493,720.90, an increase of 1.68%[17] Research and Development - Research and development expenses for Q1 2023 were ¥7,840,851.07, an increase of 19% from ¥6,565,875.53 in Q1 2022[17] Financing and Investments - The company signed financing leasing contracts with a balance of CNY 191 million, indicating strong financial engagement in the industry[10] - The company reported investment income of ¥12,095,724.68 in Q1 2023, compared to ¥5,096,377.67 in Q1 2022, indicating a substantial growth[17] Future Outlook - The company has not disclosed any new product or technology developments in this report[13] - There are no indications of market expansion or mergers and acquisitions mentioned in the report[13] - The company has not provided specific future outlook or performance guidance in this quarter's report[13]