BLEST(SH:603959)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥477,674,282.98, representing a year-on-year increase of 42.68%[5] - The net profit attributable to shareholders was ¥69,627,914.18, showing a significant increase of 126.40% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥7,319,195.89, reflecting a decrease of 75.00% year-on-year[5] - The basic and diluted earnings per share were both ¥0.142, up by 125.40% year-on-year[5] - Net profit for Q1 2023 was ¥66,305,534.96, compared to ¥30,611,606.84 in Q1 2022, indicating a year-over-year growth of 116.5%[18] - The company reported a total profit of ¥80,079,188.62 for Q1 2023, significantly higher than ¥35,803,622.19 in Q1 2022[18] Cash Flow - The net cash flow from operating activities was -¥260,546,444.28, indicating a dramatic decline of 1,502.29% compared to the previous year[5] - In Q1 2023, the company reported cash inflows from operating activities of ¥510,791,354.19, a significant increase from ¥281,148,118.71 in Q1 2022, representing an 81.7% growth[19] - Cash outflows for operating activities totaled ¥771,337,798.47, up from ¥297,409,029.45 in Q1 2022, reflecting a 159.5% increase[19] - The net cash flow from financing activities was ¥39,622,995.47, compared to ¥4,972,686.92 in the previous year, showing a significant improvement[20] - The ending cash and cash equivalents balance was ¥88,228,080.71, down from ¥207,561,064.07 at the end of Q1 2022, indicating a decrease of 57.6%[20] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥4,145,327,065.99, a decrease of 4.26% from the end of the previous year[6] - Total assets as of March 31, 2023, amounted to RMB 4,145,327,065.99, a decrease from RMB 4,329,577,928.71 as of December 31, 2022, reflecting a decline of approximately 4.25%[13] - The company's total liabilities were ¥3,362,087,041.19, down from ¥3,612,422,438.92 in the previous year[16] - Total current liabilities reached RMB 2,174,913,545.60, compared to RMB 2,074,356,388.64, marking an increase of about 4.84%[14] Shareholder Information - The company reported a total of 22,479 common shareholders at the end of the reporting period[10] - The top ten shareholders hold a combined 50.86% of the total shares, with the largest shareholder owning 29.80%[10] Research and Development - The company has ongoing research and development efforts, although specific new products or technologies were not detailed in the report[12] - Research and development expenses for Q1 2023 were ¥20,612,211.87, compared to ¥16,181,296.82 in Q1 2022, reflecting a 27.5% increase[17] Future Outlook - Future outlook remains cautiously optimistic, with a focus on market expansion and potential strategic acquisitions[12] Operational Costs - Total operating costs for Q1 2023 were ¥481,580,352.21, up from ¥323,318,318.92 in Q1 2022, reflecting a significant rise in operational expenses[17] Other Financial Metrics - The company's weighted average return on equity was 10.03%, an increase of 5.40 percentage points year-on-year[5] - Significant changes in financial data included a 730.50% increase in construction in progress due to the settlement of a new office building[8] - The company reported a 4,684.22% increase in non-operating income, attributed to receiving performance compensation from Lu Bao Group[8] - Cash and cash equivalents decreased to RMB 596,795,965.89 from RMB 856,537,702.31, representing a decline of about 30.3%[13] - Accounts receivable increased to RMB 878,620,843.79 from RMB 805,370,777.34, showing a growth of approximately 9.06%[13] - Inventory rose to RMB 546,909,643.98 from RMB 520,584,523.01, indicating an increase of about 5.05%[14] - Short-term borrowings increased to RMB 611,050,000.00 from RMB 547,690,000.00, reflecting a rise of approximately 11.55%[14] - The equity attributable to shareholders increased to ¥728,754,260.35, marking a growth of 10.53% compared to the previous year[6] - The equity attributable to shareholders of the parent company increased to ¥728,754,260.35 from ¥659,347,346.11[17]