Kelida(SH:603828)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 362,230,716.30, a decrease of 21.60% compared to the same period last year[5]. - Net profit attributable to shareholders was CNY 6,010,717.62, an increase of 116.03% year-on-year[5]. - Basic earnings per share for the period was CNY 0.01, reflecting a 116.67% increase[6]. - The net loss for the first quarter was RMB 29,697,581.34, an improvement from a loss of RMB 35,708,298.96 in the same period last year[15]. - In Q1 2023, the company reported a net profit of ¥5,659,819.05, a significant recovery from a net loss of ¥39,136,700.87 in Q1 2022, marking a turnaround of approximately 114.5%[18]. - Operating profit for Q1 2023 was ¥8,363,037.17, compared to an operating loss of ¥39,214,456.81 in the same period last year, indicating a substantial improvement[18]. - The company's total revenue from sales of goods and services in Q1 2023 was ¥697,739,174.52, down from ¥796,179,643.58 in Q1 2022, reflecting a decrease of about 12.4%[21]. Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 109,878,145.26, a decrease of 0.97% compared to the previous year[5]. - Cash flow from operating activities showed a net outflow of ¥109,878,145.26 in Q1 2023, slightly worse than the outflow of ¥108,823,592.04 in Q1 2022[22]. - The company's cash and cash equivalents decreased to RMB 330,295,005.42 from RMB 358,966,875.45 as of December 31, 2022, representing a decline of 8.5%[13]. - Total cash inflow from operating activities was 1,050,801,189.22 RMB, down 34.8% from 1,611,330,412.82 RMB in the same period last year[30]. - Cash outflow from operating activities totaled 1,284,884,863.11 RMB, a decrease of 4.6% compared to 1,346,220,322.71 RMB in Q1 2022[30]. - The ending balance of cash and cash equivalents was 24,703,346.96 RMB, down from 103,504,741.49 RMB in Q1 2022[31]. Assets and Liabilities - Total assets at the end of the period were CNY 4,847,831,342.22, down 7.59% from the end of the previous year[6]. - Current liabilities totaled RMB 3,082,878,579.45, down from RMB 3,673,967,328.47, reflecting a decrease of 16.1%[14]. - Total liabilities decreased to RMB 3,937,645,954.06 from RMB 4,341,655,593.57, a reduction of 9.3%[15]. - The company's total assets as of March 31, 2023, were RMB 4,847,831,342.22, down from RMB 5,246,181,162.68, a decline of 7.6%[15]. - The company's total liabilities decreased from CNY 3,552,561,075.95 to CNY 3,236,936,375.89, a reduction of approximately 8.9%[27]. Inventory and Receivables - The company experienced a 61.96% decrease in inventory, attributed to reduced stock of raw materials and prefabricated decoration products[8]. - Accounts receivable decreased to RMB 658,138,280.41 from RMB 841,700,099.66, a reduction of 21.7%[13]. - Inventory levels dropped significantly to RMB 7,555,916.52 from RMB 19,862,737.23, indicating a decrease of 62.0%[13]. - The company’s inventory decreased from CNY 9,506,211.08 to CNY 2,401,004.26, a significant decline of about 74.7%[25]. Investment and Financing - Investment income increased by 121.15%, primarily due to higher investment returns from a partnership in Ningbo Meishan Free Trade Port Area[8]. - The company raised ¥681,000,000.00 through borrowings in Q1 2023, compared to ¥218,700,000.00 in Q1 2022, representing an increase of approximately 211.5%[23]. - The company reported investment income of ¥7,086,687.33 in Q1 2023, a significant recovery from an investment loss of ¥33,511,450.32 in the same quarter last year[18]. - Cash inflow from financing activities reached 831,923,000.00 RMB, an increase of 138.5% compared to 348,595,817.98 RMB in the previous year[31]. - The net cash flow from financing activities was 184,321,324.16 RMB, recovering from -164,953,462.68 RMB in Q1 2022[31]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,290[9]. - The total equity increased slightly from CNY 840,724,686.65 to CNY 847,368,500.63, reflecting a growth of about 0.8%[27].