三江购物(601116) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,070,509,352.63, representing a decrease of 3.08% compared to the same period last year[5]. - The net profit attributable to shareholders was CNY 52,690,906.94, an increase of 11.28% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 45,649,166.64, reflecting a growth of 2.30%[5]. - Total revenue for Q1 2023 was CNY 1,070,509,352.63, a decrease of 3.03% compared to CNY 1,104,516,093.36 in Q1 2022[23]. - Net profit for Q1 2023 reached CNY 52,690,906.94, an increase of 11.06% from CNY 47,349,728.47 in Q1 2022[25]. - Basic and diluted earnings per share for Q1 2023 were CNY 0.0962, compared to CNY 0.0865 in Q1 2022, representing a growth of 8.54%[25]. Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 5,078,250,670.94, a slight increase of 0.48% from the end of the previous year[6]. - Total liabilities for Q1 2023 were CNY 1,880,827,863.55, a decrease from CNY 1,909,370,607.08 in Q1 2022, indicating a reduction of 1.49%[22]. - Total equity attributable to shareholders increased to CNY 3,197,422,807.39 in Q1 2023, up from CNY 3,144,731,900.45 in Q1 2022, reflecting a growth of 1.67%[22]. Cash Flow - The net cash flow from operating activities decreased by 20.85%, amounting to CNY 173,925,410.98[5]. - Cash inflow from operating activities for Q1 2023 was approximately $1.30 billion, an increase from $1.27 billion in Q1 2022, representing a growth of about 2.0%[27]. - Net cash outflow from operating activities was $173.93 million in Q1 2023, down from $219.75 million in Q1 2022, indicating a decrease of approximately 20.9%[28]. - The total cash outflow from operating activities was $1.13 billion in Q1 2023, compared to $1.05 billion in Q1 2022, reflecting an increase of approximately 6.5%[28]. Receivables and Payables - Accounts receivable decreased by 53.80%, primarily due to the recovery of receivables from supply guarantee business[7]. - The company reported a decrease in accounts receivable to RMB 22,095,453.46 from RMB 47,828,774.45, a decline of approximately 54%[20]. - The company reported a decrease in accounts payable from CNY 401,452,224.63 in Q1 2022 to CNY 335,396,238.41 in Q1 2023, a reduction of 16.43%[22]. Inventory and Prepayments - The company's inventory decreased to RMB 305,348,318.82 from RMB 364,341,030.78, representing a reduction of approximately 16%[20]. - Prepayments decreased by 66.69%, mainly due to reduced advance payments to suppliers[7]. Employee Stock Ownership Plan - The first phase of the employee stock ownership plan reduced its holdings by 2,886,800 shares, accounting for 0.53% of the total share capital as of the reporting date[14]. - The fourth phase of the employee stock ownership plan raised a total of RMB 12 million, with 760,900 shares purchased at an average price of RMB 14.2781 per share[16]. - The fifth phase of the employee stock ownership plan raised a total of RMB 3.5 million, with 327,700 shares purchased at an average price of RMB 9.9048 per share[17]. - The company extended the first phase of the employee stock ownership plan for an additional 24 months, now set to expire on September 8, 2023[14]. - The company had 8 employees leave the first phase of the employee stock ownership plan after the lock-up period expired[15]. Other Income and Expenses - Other income increased significantly by 1,230.21%, primarily due to government subsidies received during the period[7]. - Total operating costs for Q1 2023 were CNY 1,009,897,698.49, down from CNY 1,044,034,123.79 in Q1 2022, reflecting a reduction of 3.26%[24]. Cash and Cash Equivalents - As of March 31, 2023, the company's cash and cash equivalents amounted to RMB 640,094,895.03, an increase from RMB 556,107,416.09 as of December 31, 2022, reflecting a growth of approximately 15%[20]. - Cash and cash equivalents at the end of Q1 2023 totaled $482.08 million, up from $394.62 million at the end of Q1 2022, representing an increase of about 22.1%[28]. Accounting Standards - The company did not apply new accounting standards for the first quarter of 2023[29].