CMLOG(SH:603967)2023-04-19 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥1,591,631,703.08, representing a decrease of 48.49% compared to the same period last year[6] - The net profit attributable to shareholders was ¥53,419,359.92, down 2.56% year-on-year[6] - The net profit after deducting non-recurring gains and losses was ¥48,038,616.41, a decline of 4.17% compared to the previous year[6] - Basic earnings per share were ¥0.15, down 6.25% from the same period last year[6] - The company reported a total comprehensive income of ¥62,439,983.32 for Q1 2023, compared to ¥66,228,185.54 in Q1 2022[22] - The company reported a net loss from financing activities of -¥81,907,506.10, compared to a net gain of ¥67,528,568.53 in the previous year[26] - In Q1 2023, the company reported a net profit of CNY 23,660,545.26, an increase of 29.5% compared to CNY 18,248,628.36 in Q1 2022[32] - The company recorded a total profit of CNY 26,376,997.51, up from CNY 23,430,636.29 in the previous year[32] Cash Flow and Assets - The net cash flow from operating activities was ¥23,687,313.76, an increase of 10.55% year-on-year[6] - Cash inflow from operating activities in Q1 2023 was ¥1,673,922,760.15, down 49.6% from ¥3,318,123,499.15 in Q1 2022[24] - The net cash flow from operating activities was negative at CNY -16,401,426.69, a significant decline from CNY 104,476,620.58 in Q1 2022[33] - Cash and cash equivalents were CNY 418,182,489.51, a significant drop from CNY 642,510,319.78, representing a decline of approximately 34.9%[17] - The company's cash and cash equivalents at the end of Q1 2023 were ¥411,801,663.25, down from ¥559,374,915.20, representing a decline of 26.4%[26] - The company experienced a net cash outflow from investing activities of CNY -108,067,439.86, compared to CNY -76,315,377.70 in the previous year[34] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,677,212,444.22, a decrease of 3.42% from the end of the previous year[7] - Current assets totaled CNY 1,884,527,018.78, down from CNY 2,041,304,772.53, indicating a decrease of about 7.7%[18] - Total liabilities decreased to CNY 1,271,774,945.04 from CNY 1,473,779,326.89, reflecting a reduction of approximately 13.7%[19] - The company's equity increased to CNY 2,405,437,499.18 from CNY 2,333,783,115.71, marking an increase of about 3.1%[19] - The total assets as of March 31, 2023, amounted to ¥2,506,539,224.32, down from ¥2,568,738,885.87 at the end of 2022, reflecting a decrease of 2.4%[29] Operating Costs and Income - The company's operating costs decreased by 50.38% due to a drop in international shipping prices[11] - Other income increased by 314.01% due to increased VAT refunds and government subsidies[11] - Total operating costs for Q1 2023 were ¥1,520,611,125.71, down 49.7% from ¥3,020,272,388.95 in Q1 2022[20] - Other income for Q1 2023 was ¥4,123,551.65, significantly higher than ¥996,010.67 in Q1 2022[21] - Investment income for Q1 2023 was ¥3,163,431.43, down 50.8% from ¥6,431,181.14 in Q1 2022[21] Shareholder Information - The top shareholder, Qingdao Zhongchuang United Investment Development Co., Ltd., holds 52.50% of the shares, totaling 182,000,000 shares[14] Research and Development - The company has no significant new product launches or technological developments reported in the current quarter[15] - Research and development expenses for Q1 2023 were ¥706,842.58, slightly down from ¥715,127.25 in Q1 2022, indicating a stable investment in innovation[31] Market Strategy - There are no plans for market expansion or mergers and acquisitions mentioned in the latest report[15]