Ganso(SH:603886)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 447,667,887.73, representing a year-on-year increase of 2.75%[5]. - The net profit attributable to shareholders of the listed company was a loss of CNY 8,809,500.49, with a diluted earnings per share of -0.04 CNY[5][6]. - The company reported a total comprehensive loss of ¥9.99 million in Q1 2023, an improvement from a loss of ¥23.73 million in Q1 2022[22]. - Net profit for Q1 2023 was a loss of ¥8.80 million, an improvement from a loss of ¥19.82 million in Q1 2022, indicating a reduction in losses by approximately 55.5%[21]. - The total profit before tax for Q1 2023 was CNY 11,490,596.69, compared to a loss of CNY -2,077,178.98 in the same quarter of the previous year[31]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,115,271,605.52, a decrease of 0.89% compared to the end of the previous year[6]. - The total liabilities decreased to RMB 1,502,852,738.43 from RMB 1,520,849,454.51, reflecting a reduction of about 1.2%[17]. - The total assets as of March 31, 2023, were CNY 2,424,500,844.95, down from CNY 2,447,497,272.60 at the end of 2022, reflecting a decrease of about 0.93%[27]. - The company's equity attributable to shareholders decreased to RMB 1,611,811,554.82 from RMB 1,621,797,316.28, a decline of approximately 0.6%[17]. Cash Flow - The cash flow from operating activities was CNY 2,083,017.26, indicating a negative performance in profitability[5]. - The net cash flow from operating activities was CNY 2,083,017.26, a significant recovery from a negative cash flow of CNY -37,643,843.64 in the previous year[24]. - Operating cash flow for Q1 2023 was CNY 11,566,553.42, compared to a negative cash flow of CNY -18,652,251.31 in the same period last year[33]. - The company's cash inflow from operating activities totaled CNY 255,906,896.63, compared to CNY 241,109,715.40 in Q1 2022, marking an increase of about 6.1%[33]. Revenue and Costs - Total operating costs decreased slightly to ¥456.64 million in Q1 2023 from ¥457.25 million in Q1 2022, representing a decrease of 0.13%[20]. - The gross profit margin improved as the cost of goods sold decreased to CNY 148,649,146.23 from CNY 161,681,298.87, representing a reduction of approximately 8.06%[29]. - Total revenue from sales of goods and services reached CNY 246,165,485.52, up from CNY 230,901,751.24 in Q1 2022, indicating a growth of approximately 6.5%[33]. Shareholder Information - The company had a total of 14,030 common shareholders at the end of the reporting period[11]. - Basic and diluted earnings per share for Q1 2023 were both -¥0.04, compared to -¥0.08 in Q1 2022[22]. Research and Development - Research and development expenses increased to ¥4.92 million in Q1 2023 from ¥4.59 million in Q1 2022, reflecting a growth of 7.1%[20]. - Research and development expenses increased to CNY 4,917,927.50 from CNY 4,592,952.14, reflecting a growth of about 7.07% year-over-year[29]. Other Income and Expenses - Non-operating income included government subsidies amounting to CNY 5,041,491.66, which are closely related to the company's normal business operations[8]. - The company recorded a loss of CNY 858,868.46 from the disposal of non-current assets due to the closure of stores[8]. - The company experienced a decrease in investment losses, reporting a loss of ¥2.45 million in Q1 2023 compared to a loss of ¥3.50 million in Q1 2022, a reduction of approximately 30%[20].