MOONS’(SH:603728)2023-04-28 16:00Financial Performance - The total revenue for Q1 2023 was CNY 649,631,103.96, representing a decrease of 3.87% compared to the same period last year[4] - The net profit attributable to shareholders was CNY 32,488,480.06, down 16.95% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 29,325,215.73, a decline of 24.39% compared to the previous year[4] - The basic earnings per share for the period was CNY 0.0778, reflecting a decrease of 17.23%[4] - The diluted earnings per share was CNY 0.0770, down 17.29% year-on-year[4] - Total operating revenue for Q1 2023 was RMB 649.63 million, a decrease of 3.3% from RMB 675.76 million in Q1 2022[15] - Net profit for Q1 2023 was RMB 32.68 million, a decrease of 17.0% compared to RMB 39.34 million in Q1 2022[16] - The total comprehensive income for Q1 2023 was RMB 29.76 million, down from RMB 36.89 million in the same quarter last year, a decline of 19.2%[16] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,904,365,675.18, an increase of 1.00% from the end of the previous year[4] - Shareholders' equity attributable to the parent company was CNY 2,742,517,470.24, up 1.16% from the end of the previous year[4] - The total liabilities of the company as of March 31, 2023, were RMB 1,156,077,084.38, compared to RMB 1,148,793,262.10 at the end of 2022, reflecting a slight increase of about 0.3%[14] - The company's total liabilities increased to CNY 623,862,043.41 as of March 31, 2023, compared to CNY 453,123,630.10 at the end of 2022, marking an increase of approximately 37.67%[21] - The total equity of the company as of March 31, 2023, was CNY 1,807,828,345.22, slightly down from CNY 1,811,328,071.54 at the end of 2022[22] Cash Flow - The net cash flow from operating activities was CNY 16,266,917.27, with significant improvement in customer collections during the reporting period[8] - Cash flow from operating activities generated RMB 16.27 million, a significant improvement from a negative cash flow of RMB -60.54 million in Q1 2022[18] - The net cash flow from investment activities was CNY 166,712,562.16, a significant turnaround from a negative cash flow of CNY 57,024,857.99 in the previous period[19] - The company reported a net cash flow from financing activities of CNY 4,287,194.38, a decrease from CNY 127,667,217.30 in the previous period[19] Expenses and Costs - Total operating costs decreased slightly to RMB 626.02 million from RMB 627.45 million, resulting in an operating profit of RMB 35.60 million, down 26.4% from RMB 48.29 million[15] - Research and development expenses increased to RMB 61.39 million, up 16.5% from RMB 52.72 million in the same period last year[15] - Tax expenses rose to RMB 4.75 million, compared to RMB 3.59 million in the previous year, reflecting a 32.2% increase[15] - The company incurred financial expenses of ¥3,055,460.55 in Q1 2023, up from ¥1,895,733.41 in Q1 2022, indicating a rise of 61.1%[23] Inventory and Receivables - Accounts receivable decreased to RMB 543,149,301.84 from RMB 702,902,596.28, representing a decline of about 22.7%[12][13] - The company's accounts receivable decreased to CNY 343,784,127.14 from CNY 407,705,074.68, showing a decline of approximately 15.67%[20] - Inventory levels slightly increased to RMB 754,305,214.22 from RMB 748,282,370.29, showing a marginal rise of approximately 0.03%[12][13] - The inventory level increased to CNY 20,357,006.02 from CNY 15,947,394.95, reflecting an increase of approximately 27.66%[20] Cash and Cash Equivalents - The company's cash and cash equivalents reached RMB 744,706,695.03, up from RMB 560,388,342.40, indicating a significant increase of approximately 32.7% year-over-year[12][13] - The company's cash and cash equivalents at the end of Q1 2023 amounted to CNY 740,759,576.88, compared to CNY 619,902,749.88 at the end of 2022, reflecting a net increase of CNY 183,616,253.88[22] - The net increase in cash and cash equivalents for the quarter was CNY 183,616,253.88, compared to a much lower increase of CNY 7,822,439.55 in the same period last year[19]