DEPPON(SH:603056)2023-04-28 16:00Financial Performance - The net profit attributable to shareholders for Q1 2023 was RMB 0.73 billion, a significant increase of 191.26% compared to a net loss of RMB 0.80 billion in Q1 2022[18]. - The company reported a decrease in period expenses to RMB 5.41 billion, down 23.13% year-on-year, with management expenses dropping by 25.07%[15]. - The net profit after deducting non-recurring gains and losses was RMB 4.40 million, up 102.75% year-on-year[30]. - Operating profit for Q1 2023 was 80,708,948.48, a significant improvement from a loss of 103,363,588.08 in Q1 2022[55]. - Net profit for Q1 2023 reached 71,613,426.91, compared to a net loss of 79,647,138.52 in Q1 2022, indicating a turnaround in profitability[55]. - Total comprehensive income attributable to the parent company was CNY 77,835,490.99, a decrease of 227,417,533.94 compared to the previous period[56]. - Basic and diluted earnings per share were both CNY 0.07, compared to a loss of CNY 0.08 in the previous period[56]. Revenue and Business Segments - Revenue from the express delivery business reached RMB 49.29 billion, representing a year-on-year growth of 6.90%[10]. - Revenue from other businesses, primarily warehousing and supply chain services, was RMB 2.63 billion, up 19.72% year-on-year[11]. - In Q1 2023, the company achieved operating revenue of RMB 7.42 billion, representing a year-on-year increase of 5.66%[30]. - Total revenue for Q1 2023 was 7,417,443,107.77, compared to 7,020,127,233.48 in Q1 2022, representing an increase of approximately 5.66%[53]. - Operating revenue for Q1 2023 was RMB 73,047,974.48, a decrease of 19.5% compared to RMB 90,693,607.65 in Q1 2022[91]. Assets and Liabilities - Total assets as of March 31, 2023, were RMB 144.23 billion, a decrease of 4.01% from RMB 150.25 billion at the end of 2022[9]. - The asset-liability ratio improved to 51.41%, a decrease of 2.51 percentage points from 53.92% at the end of 2022[9]. - Total assets at the end of the reporting period were RMB 14.42 billion, down 4.01% from the end of 2022[31]. - The total liabilities decreased to 7,414,607,372.80 from 8,100,915,627.34, a reduction of approximately 8.46%[52]. - The total current liabilities reached 2,759,000,390.91 CNY, an increase from 2,456,277,043.99 CNY in the previous period[72]. - The total liabilities amounted to 2,854,908,682.41 CNY, compared to 2,804,889,749.36 CNY previously[89]. Cash Flow and Financial Position - The company's cash flow from operating activities was RMB 596.45 million, showing a decrease of 38.30% compared to the previous year[30]. - Cash inflow from operating activities totaled CNY 8,375,947,664.80, an increase from CNY 8,255,375,747.26 year-over-year[57]. - Net cash flow from operating activities was CNY 596,448,248.36, down from CNY 966,652,737.54 in the previous year[57]. - Cash inflow from investing activities was CNY 518,487,354.10, compared to CNY 3,453,665,907.21 in the previous period[58]. - The net increase in cash and cash equivalents for the period was 435,566,838.34 CNY, with a closing balance of 1,706,910,637.14 CNY[66]. Cost Management - The company's operating costs for Q1 2023 were RMB 68.63 billion, an increase of 5.50% year-on-year, with a cost-to-revenue ratio of 92.52%, down 0.14 percentage points[13]. - Labor costs amounted to RMB 3.48 billion, up 1.01% year-on-year, with a decrease in the proportion of labor costs to revenue by 2.16 percentage points[36]. - Research and development expenses for Q1 2023 were 45,152,482.51, down from 51,247,382.52 in Q1 2022, showing a decrease of about 11.87%[53]. - The company reported a significant increase in financial expenses, with interest expenses rising to RMB 13,347,395.53 in Q1 2023 from RMB 26,325,463.17 in Q1 2022[91]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,086[21]. - The equity attributable to shareholders increased to RMB 7.01 billion, up 1.21% from the end of the previous year[31]. - The total equity attributable to shareholders increased to 7,009,649,928.70 from 6,925,577,954.33, reflecting a growth of approximately 1.21%[52]. - The retained earnings rose to 3,650,263,801.39 CNY from 3,502,380,571.46 CNY[89].