Bondex(SH:603836)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,412,333,847.62, representing a decrease of 61.95% compared to the same period last year[5]. - The net profit attributable to shareholders for Q1 2023 was CNY 30,297,677.60, down 62.87% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 23,700,607.10, a decline of 69.08% compared to the previous year[5]. - The basic and diluted earnings per share for Q1 2023 were both CNY 0.15, reflecting a decrease of 62.50%[9]. - The total operating profit for Q1 2023 was CNY 44,257,867.68, a decline of 77% compared to CNY 193,214,946.14 in Q1 2022[19]. - The company's total comprehensive income for Q1 2023 was CNY 28,567,867.57, down 80.3% from CNY 145,122,325.40 in Q1 2022[20]. - In Q1 2023, the company's net profit was CNY 30,697,722.45, a decrease of 78.5% compared to CNY 142,436,527.24 in Q1 2022[19]. - The total revenue from operating activities was CNY 1,763,239,397.55, down 45.5% from CNY 3,244,718,488.17 in the same period last year[22]. Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 3,827,694,052.55, down 3.78% from the end of the previous year[6]. - Total liabilities decreased to RMB 1,999,119,204.62 from RMB 2,177,678,244.13, a reduction of about 8.2%[16]. - Non-current assets totaled RMB 702,208,586.87, down from RMB 719,733,767.88, indicating a decrease of approximately 2.4%[15]. - The company's equity attributable to shareholders increased to RMB 1,778,720,704.21 from RMB 1,752,269,391.68, showing an increase of about 1.5%[16]. - Cash and cash equivalents increased to RMB 1,669,609,801.51 as of March 31, 2023, up from RMB 1,337,367,733.42 at the end of 2022, representing a growth of approximately 25%[14]. - Accounts receivable decreased to RMB 1,016,592,339.12 from RMB 1,301,621,594.17, indicating a reduction of about 22%[14]. Cash Flow - The net cash flow from operating activities was CNY 185,091,333.39, with an increase attributed to higher sales collections[5]. - The company reported a net cash flow from operating activities of CNY 185,091,333.39, a significant improvement from a negative cash flow of CNY 149,591,533.31 in Q1 2022[23]. - Investment activities generated a net cash flow of CNY 159,249,547.21, compared to a negative cash flow of CNY 39,722,877.16 in the previous year[23]. - The cash and cash equivalents at the end of Q1 2023 were CNY 1,637,331,011.51, an increase from CNY 966,534,579.24 at the end of Q1 2022[23]. Shareholder Information - The company had a total of 15,451 common shareholders at the end of the reporting period[10]. - The top ten shareholders held a combined 73.31% of the company's shares, with the largest shareholder owning 26.43%[11]. Cost and Expenses - Total operating costs for Q1 2023 amounted to RMB 1,403,226,125.15, compared to RMB 3,503,937,381.30 in Q1 2022[18]. - The company's financial expenses increased to CNY 9,307,821.40, up from CNY 6,437,019.32 in Q1 2022, primarily due to higher interest expenses[19]. - The company recorded a significant increase in credit impairment losses, amounting to CNY 21,942,977.90, compared to a reversal of CNY 25,846,867.60 in Q1 2022[19]. Revenue Decline Factors - The decline in revenue and profit was primarily due to the normalization of international shipping rates after a high period in 2022[8]. - The weighted average return on net assets was 1.72%, a decrease of 2.06 percentage points from the previous year[6]. - Total operating revenue for Q1 2023 was RMB 1,412,333,847.62, a decrease from RMB 3,711,557,927.56 in Q1 2022[18]. - Short-term borrowings rose to RMB 435,490,727.15 from RMB 415,592,071.67, an increase of approximately 4%[15].