Jangho(601886)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 3,419,268,950.09, representing a 3.99% increase compared to CNY 3,288,101,155.67 in the same period last year[4] - Net profit attributable to shareholders for Q1 2023 was CNY 163,558,009.90, a significant increase of 76.37% from CNY 91,489,289.02 in the previous year[4] - Basic and diluted earnings per share for Q1 2023 were both CNY 0.14, reflecting a 75.00% increase from CNY 0.08 in the same period last year[5] - The weighted average return on equity increased to 2.55% in Q1 2023, up by 1.09 percentage points from 1.44% in the previous year[5] - The company reported a 10.19% increase in net profit attributable to shareholders after deducting non-recurring gains and losses, amounting to CNY 144,891,078.72[4] - Net profit for Q1 2023 reached approximately ¥183.47 million, representing a 76.7% increase from ¥103.77 million in Q1 2022[18] - Total comprehensive income for Q1 2023 was approximately ¥151.49 million, compared to ¥59.23 million in Q1 2022, indicating strong growth[19] Assets and Liabilities - The total assets at the end of Q1 2023 were CNY 25,652,578,378.68, a decrease of 4.79% from CNY 26,931,897,665.21 at the end of the previous year[5] - As of March 31, 2023, the total assets of Jianghe Creation Group Co., Ltd. amounted to CNY 25,652,578,378.68, a decrease from CNY 26,944,243,375.12 at the end of 2022, representing a decline of approximately 4.8%[14] - The total current assets decreased to CNY 20,800,771,261.22 from CNY 22,138,783,071.51, indicating a reduction of about 6.0%[14] - The total liabilities decreased to CNY 17,883,502,652.98 from CNY 19,321,880,947.40, which is a reduction of about 7.4%[15] - The total current liabilities decreased to CNY 17,020,748,456.22 from CNY 18,578,545,760.19, indicating a reduction of about 8.4%[15] - The company's non-current liabilities increased to CNY 862,754,196.76 from CNY 743,335,187.21, which is an increase of approximately 16.0%[15] Cash Flow - The net cash flow from operating activities for Q1 2023 was CNY -1,049,827,760.63, an improvement from CNY -1,913,845,338.02 in the same period last year[5] - Cash inflow from operating activities in Q1 2023 was approximately ¥4.30 billion, an increase from ¥4.09 billion in Q1 2022[20] - The cash outflow from investing activities in Q1 2023 was 146,699,437.42, significantly lower than 439,509,294.10 in Q1 2022, reflecting a strategic reduction in investment spending[21] - The company reported a net cash flow from investing activities of 26,554,420.06 in Q1 2023, a substantial increase from 1,418,939.89 in Q1 2022[21] - The company’s net increase in cash and cash equivalents for Q1 2023 was -1,054,040,009.23, an improvement from -1,669,835,948.84 in Q1 2022, reflecting better cash management[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,534[10] - The largest shareholder, Beijing Jianghe Source Holdings Co., Ltd., held 27.86% of the shares, with 315,645,200 shares pledged[11] Other Financial Metrics - The company's cash and cash equivalents were reported at CNY 3,076,857,213.38, down from CNY 4,160,784,089.41, reflecting a decrease of approximately 26.0%[13] - The company's accounts receivable decreased to CNY 10,622,975,274.18 from CNY 11,383,252,002.72, indicating a decline of approximately 6.7%[13] - The inventory increased to CNY 1,157,222,622.76 from CNY 1,027,053,117.89, reflecting an increase of about 12.7%[14] - Research and development expenses for Q1 2023 were approximately ¥91.70 million, a slight decrease of 3.0% from ¥94.89 million in Q1 2022[17] - The company reported a significant increase in investment income, totaling approximately ¥3.42 million in Q1 2023, compared to ¥20.85 million in Q1 2022[17] - The company experienced a decrease in financial expenses, which were approximately ¥46.70 million in Q1 2023, down from ¥58.73 million in Q1 2022[17] - Other comprehensive income after tax for Q1 2023 was approximately -¥31.98 million, an improvement from -¥44.53 million in Q1 2022[18]