五芳斋(603237) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥216,066,125.77, representing a decrease of 28.74% compared to the same period last year [3]. - The net profit attributable to shareholders was a loss of ¥63,936,694.36, with a basic and diluted earnings per share of -¥0.63 [3]. - The company reported a net loss for Q1 2023, with total operating costs exceeding total operating revenue, leading to a negative operating margin [17]. - The total comprehensive income for Q1 2023 was -64,781,761.50, compared to -31,834,210.81 in Q1 2022, reflecting a worsening financial position [19]. - The operating profit for Q1 2023 was -65,877,126.59, compared to -26,204,649.03 in Q1 2022, showing a decline in operational performance [19]. - The basic and diluted earnings per share for Q1 2023 were both -0.63, compared to -0.42 in Q1 2022, indicating a decline in earnings performance [19]. Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 1,317.85%, amounting to ¥158,962,601.15, primarily due to an increase in customer prepayments [3][7]. - The cash flow from operating activities for Q1 2023 was 158,962,601.15, compared to 11,211,530.06 in Q1 2022, indicating a positive cash flow improvement [22]. - Cash and cash equivalents as of March 31, 2023, amounted to RMB 942,062,006.45, an increase from RMB 903,268,072.35 at the end of 2022, reflecting a growth of approximately 4.3% [13]. - The cash and cash equivalents at the end of Q1 2023 amounted to 942,062,006.45, up from 309,424,260.12 at the end of Q1 2022, showing a strong liquidity position [23]. Assets and Liabilities - Total assets at the end of Q1 2023 were ¥2,780,142,293.12, reflecting a growth of 16.71% from the end of the previous year [4]. - Total liabilities as of March 31, 2023, were RMB 1,159,549,888.57, an increase from RMB 701,561,862.16 at the end of 2022, reflecting a rise of approximately 65.2% [15]. - The company's equity attributable to shareholders as of March 31, 2023, was RMB 1,618,823,104.29, down from RMB 1,677,810,637.53 at the end of 2022, indicating a decrease of about 3.5% [15]. - The total current assets amounted to CNY 1,325,821,173.94, with cash and cash equivalents at CNY 903,268,072.35 [26]. - The total non-current assets reached CNY 1,089,993,328.93, showing an increase of CNY 33,799,429.78 from the previous year [27]. - Total liabilities increased to CNY 736,028,170.47, with current liabilities totaling CNY 550,761,495.25 [28]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,363 [9]. - The largest shareholder, Wufangzhai Group Co., Ltd., holds 29.68% of the shares, totaling 30,493,283 shares [9]. Operational Insights - The company plans to focus on improving operational efficiency and exploring new market opportunities to enhance future performance [11]. - The company experienced a seasonal impact on net profit due to the timing of the Dragon Boat Festival in 2023 compared to the previous year [7]. Research and Development - Research and development expenses for Q1 2023 were 4,875,404.34, compared to 3,092,310.22 in Q1 2022, reflecting an increase in investment in innovation [19].