CBMT(SH:603099)2023-04-19 16:00Financial Performance - The company's operating revenue for the first quarter reached ¥69,609,047.88, representing a significant increase of 235.49% compared to the same period last year[13] - The net profit attributable to shareholders of the listed company was a loss of ¥4,136,309.72, with a decrease in net profit excluding non-recurring gains and losses amounting to ¥4,442,329.76[13] - The net profit for the first quarter was a loss of CNY 4,136,309.72, an improvement from a loss of CNY 34,573,947.98 in the same period last year[46] - The operating profit showed a loss of CNY 4,188,896.76, compared to a loss of CNY 34,013,206.22 previously[46] - The net profit for Q1 2023 was approximately ¥-12.53 million, compared to ¥-31.89 million in Q1 2022, reflecting a 60.7% decrease in net losses[56] - The total comprehensive income for Q1 2023 was approximately ¥-12.53 million, compared to ¥-31.89 million in Q1 2022, reflecting an improvement of 60.7%[61] Cash Flow and Liquidity - The net cash flow from operating activities was ¥5,935,375.50, indicating positive cash generation despite the net loss[13] - Net cash flow from operating activities for Q1 2023 was ¥11,918,345.48, a recovery from a negative cash flow of -¥13,990,592.81 in Q1 2022[32] - The net cash flow from operating activities for Q1 2023 was CNY 5,935,375.50, a recovery from a negative cash flow of CNY -21,996,473.09 in Q1 2022[48] - The total cash outflow from operating activities in Q1 2023 was CNY 64,741,538.22, compared to CNY 45,809,355.79 in the same period last year, indicating increased operational expenses[48] - The cash inflow from financing activities in Q1 2023 was CNY 50,632,000.00, while the cash outflow was CNY 977,344.11, resulting in a net cash flow of CNY -977,344.11[49] - The cash and cash equivalents at the end of Q1 2023 amounted to approximately ¥27.21 million, up from ¥19.06 million at the beginning of the quarter, indicating an increase of 42.5%[62] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,068,377,108.88, showing a slight decrease of 0.49% from the previous year[4] - The total assets amounted to ¥1,104,291,692.73 in Q1 2023, slightly decreasing from ¥1,105,106,673.18 in Q1 2022[29] - The total liabilities were reported at CNY 166,594,666.13, compared to CNY 164,088,070.82 previously[42] - The total liabilities as of March 31, 2023, amounted to CNY 151,596,734.49, an increase from CNY 139,562,018.17 at the end of 2022[54] - The total equity attributable to shareholders was CNY 901,782,442.75, down from CNY 906,203,602.32[42] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,213[6] - The equity attributable to shareholders of the listed company was ¥901,782,442.75, down by 0.18% compared to the end of the previous year[4] Operational Highlights - The company reported an increase in tourist numbers, which contributed to the rise in revenue[5] - The company has not provided specific guidance for future performance or new product developments in this report[12] - There were no significant updates on market expansion or mergers and acquisitions mentioned in the conference call[12] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[26] - The company plans to continue its market expansion and product development strategies, although specific details were not disclosed in the report[56] Cost and Expenses - Total operating costs for Q1 2023 were ¥73,905,534.94, compared to ¥54,978,264.95 in Q1 2022, indicating an increase of about 34.4%[24] - The company’s management expenses increased to ¥9,376,228.22 in Q1 2023 from ¥8,878,632.32 in Q1 2022, reflecting a rise of about 5.6%[24] - The company incurred research and development expenses, although specific figures were not provided in the report, indicating ongoing investment in innovation[56] - The company reported a financial expense of approximately ¥936,958.71 in Q1 2023, down from ¥1.14 million in Q1 2022, showing a decrease of 17.9%[56] Inventory and Receivables - Accounts receivable increased to ¥23,040,942.12 in Q1 2023 from ¥21,803,162.03 in Q1 2022, showing a rise of approximately 5.7%[29] - Inventory levels rose slightly to ¥7,435,262.81 in Q1 2023 from ¥7,285,466.18 in Q1 2022, reflecting an increase of about 2.1%[29]