LEHUI International(SH:603076)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 320,402,586.28, representing a year-on-year increase of 2.97%[3]. - The net profit attributable to shareholders decreased by 62.72% to CNY 6,979,213.08, primarily due to the seasonal impact on the newly established craft beer factories[3][6]. - The basic and diluted earnings per share fell by 65.99% to CNY 0.06[3][6]. - The company's net profit for Q1 2023 was CNY 5,574,753.51, a decrease of 69.9% compared to CNY 18,549,518.95 in Q1 2022[16]. - Operating profit for Q1 2023 was CNY 5,622,598.61, down 71.1% from CNY 19,485,092.18 in the same period last year[16]. - The company reported a total comprehensive income attributable to the parent company of CNY 6,615,847.41 in Q1 2023, down from CNY 20,106,000.99 in Q1 2022[17]. - Basic and diluted earnings per share for Q1 2023 were both CNY 0.06, compared to CNY 0.17 in Q1 2022[17]. Revenue and Costs - Total operating revenue for Q1 2023 was CNY 320,402,586.28, an increase of 2.01% compared to CNY 311,150,447.76 in Q1 2022[14]. - Total operating costs for Q1 2023 were CNY 313,862,366.39, up from CNY 293,846,414.73 in Q1 2022, reflecting a year-over-year increase of 6.81%[14]. - Total revenue from sales of goods and services received in Q1 2023 was CNY 475,796,629.20, an increase of 27.2% compared to CNY 374,077,552.39 in Q1 2022[18]. Assets and Liabilities - The total assets increased by 5.47% to CNY 3,544,349,030.02 compared to the end of the previous year[4]. - The company's total assets reached CNY 3,544,349,030.02 as of March 31, 2023, compared to CNY 3,360,383,570.38 at the end of 2022, an increase of 5.47%[14]. - Accounts receivable increased to CNY 463,193,437.50 in Q1 2023, compared to CNY 436,451,992.25 in Q4 2022, representing a growth of 6.09%[11]. - Inventory as of March 31, 2023, was CNY 1,317,338,336.72, an increase from CNY 1,239,807,934.69 at the end of 2022, indicating a rise of 6.25%[12]. - Contract liabilities rose to CNY 983,958,097.74 in Q1 2023, compared to CNY 762,691,292.11 in Q4 2022, marking an increase of 29.05%[13]. - Short-term borrowings increased to CNY 595,502,516.35 as of March 31, 2023, up from CNY 521,827,727.60 at the end of 2022, reflecting a growth of 14.09%[12]. Cash Flow - The net cash flow from operating activities was CNY 51,274,094.05, attributed to significant project collections during the period[6]. - The net cash flow from operating activities for Q1 2023 was CNY 51,274,094.05, a significant improvement from a net outflow of CNY 68,610,944.00 in Q1 2022[19]. - The company incurred a net cash outflow from investing activities of CNY 162,496,796.17 in Q1 2023, compared to a net outflow of CNY 61,773,849.20 in Q1 2022[19]. - Cash inflow from financing activities in Q1 2023 was CNY 196,000,000.00, down from CNY 285,939,250.00 in Q1 2022[20]. - The company reported a foreign exchange impact on cash and cash equivalents of CNY 73,389.71 in Q1 2023, compared to a negative impact of CNY 182,745.72 in Q1 2022[20]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,658[7]. - The largest shareholder, Ningbo Lehui Investment Holding Co., Ltd., holds 18.09% of the shares[8]. Research and Development - The company reported R&D expenses of CNY 8,911,439.35 for Q1 2023, compared to CNY 7,827,701.68 in Q1 2022, indicating an increase of 13.84%[14]. Cash and Cash Equivalents - The company's cash and cash equivalents decreased to CNY 475,180,304.01 as of March 31, 2023, down from CNY 575,892,198.28 at the end of 2022, a decline of 17.43%[11]. - Cash and cash equivalents at the end of Q1 2023 were CNY 473,277,015.39, a decrease from CNY 428,693,184.04 at the end of Q1 2022[20].