RICHEN(SH:603755)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 79,976,841.94, representing a year-on-year increase of 7.21%[3] - The net profit attributable to shareholders decreased by 21.54% to CNY 10,659,491.08 compared to the same period last year[3] - The basic and diluted earnings per share were both CNY 0.11, reflecting a decline of 21.43%[3] - Total operating revenue for Q1 2023 reached CNY 79,976,841.94, an increase of 7.4% compared to CNY 74,597,783.30 in Q1 2022[15] - Operating profit for Q1 2023 decreased to CNY 12,203,445.47, down 22.5% from CNY 15,739,327.00 in Q1 2022[15] - Net profit for Q1 2023 was CNY 12,224,237.47, a decline of 22.5% compared to CNY 15,739,327.02 in Q1 2022[15] - In Q1 2023, the company's net profit was CNY 10,659,491.08, a decrease of 21.4% compared to CNY 13,586,336.52 in Q1 2022[16] - Basic and diluted earnings per share for Q1 2023 were CNY 0.11, down from CNY 0.14 in Q1 2022, reflecting a 21.4% decline[16] Cash Flow and Investments - The net cash flow from operating activities fell by 36.29% to CNY 12,671,502.72, primarily due to increased tax payments[5] - Operating cash flow for Q1 2023 was CNY 12,671,502.72, a decrease of 36.3% from CNY 19,890,870.53 in Q1 2022[18] - Cash inflow from operating activities totaled CNY 94,167,448.01, slightly up from CNY 92,847,167.48 in the previous year[18] - Cash outflow from operating activities increased to CNY 81,495,945.29, compared to CNY 72,956,296.95 in Q1 2022, marking a 11.5% rise[18] - The company reported a net cash outflow from investing activities of CNY -15,085,693.77, worsening from CNY -10,307,202.68 in the same period last year[19] - The company received CNY 145,000,000.00 from investment activities in Q1 2023, a decrease from CNY 297,000,000.00 in Q1 2022[18] - The company incurred CNY 52,568,107.85 in cash outflows for debt repayment in Q1 2023, significantly higher than CNY 2,250,000.00 in Q1 2022[19] - The company experienced a net cash outflow of CNY -29,629,576.52 in Q1 2023, contrasting with a net increase of CNY 6,482,643.59 in Q1 2022[19] Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 898,504,623.27, down 2.53% from the end of the previous year[4] - Cash and cash equivalents as of March 31, 2023, were CNY 126,526,655.88, down 19.0% from CNY 156,157,461.43 at the end of 2022[10] - Total liabilities as of March 31, 2023, were CNY 199,785,933.52, down 15.1% from CNY 235,257,459.70 at the end of 2022[12] - Non-current assets increased to CNY 540,157,001.71 as of March 31, 2023, up 7.4% from CNY 503,021,577.72 at the end of 2022[11] - The company reported a significant increase in long-term equity investments, rising to CNY 73,792,901.64 from CNY 49,143,363.40[11] Shareholder Information - The top shareholder, Qingdao Boya Investment Holding Co., Ltd., holds 56.24% of the shares, with 17,079,071 shares pledged[7] - The total number of ordinary shareholders at the end of the reporting period was 5,364[6] Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters[15]