同庆楼(605108) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 reached CNY 539,794,636.79, representing a year-on-year increase of 27.27%[5] - Net profit attributable to shareholders was CNY 72,289,459.45, a significant increase of 217.05% compared to the same period last year[5] - The net cash flow from operating activities was CNY 240,949,647.29, reflecting a remarkable growth of 264.86% year-on-year[5] - The basic earnings per share (EPS) for the quarter was CNY 0.28, up by 211.11% from the previous year[5] - The net profit margin for Q1 2023 was 13.39%, indicating strong profitability performance[6] - Total operating revenue for Q1 2023 reached ¥539,794,636.79, a 27.2% increase from ¥424,127,575.56 in Q1 2022[21] - Net profit for Q1 2023 was ¥72,289,459.45, representing a significant increase of 216.5% compared to ¥22,800,715.45 in Q1 2022[22] - Earnings per share for Q1 2023 was ¥0.28, compared to ¥0.09 in Q1 2022[23] - Cash flow from operating activities in Q1 2023 was ¥581,016,669.42, an increase from ¥464,378,974.52 in Q1 2022[24] Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 3,178,016,202.03, an increase of 9.52% from the end of the previous year[6] - The total assets as of March 31, 2023, amounted to CNY 3,178,016,202.03, an increase from CNY 2,901,653,256.20 at the end of 2022, reflecting a growth of approximately 9.5%[16] - The total liabilities increased to CNY 1,739,330,000.00, compared to CNY 1,661,000,000.00 at the end of 2022, indicating a rise of approximately 4.7%[17] - Total liabilities as of Q1 2023 amounted to ¥1,119,649,647.75, compared to ¥915,576,161.37 in the previous year[18] - The company's non-current assets totaled CNY 2,438,686,204.83, up from CNY 2,140,561,373.97, reflecting an increase of about 13.9%[17] Cash Flow Management - The company's cash and cash equivalents decreased to CNY 406,002,232.66 from CNY 410,574,823.52, a decline of about 1.4%[16] - The company is actively managing its cash flow, as evidenced by the changes in cash and cash equivalents and accounts receivable[16] - Cash and cash equivalents at the end of Q1 2023 were $397,461,579.74, down from $495,372,031.13 at the end of Q1 2022, a decrease of about 20%[26] - The company reported a total cash inflow from operating activities of $608,763,237.11, which is an increase from $482,630,714.43 in Q1 2022, representing a growth of about 26%[25] Expenses and Investments - The company experienced a 114.65% increase in selling expenses due to expanded food business and promotional activities[10] - Total operating costs for Q1 2023 were ¥464,401,164.74, up 15.8% from ¥400,927,822.21 in Q1 2022[22] - The company plans to invest in new store fixed assets, contributing to a 87.13% increase in cash outflows for fixed asset purchases[11] - Cash paid for employee compensation was $155,132,302.97, an increase from $137,816,132.26, indicating a rise of approximately 12.5%[25] - Cash paid for taxes was $29,915,179.93, down from $63,244,620.03, reflecting a decrease of about 53%[25] Market Outlook and Strategy - The company anticipates continued growth potential in the large consumer market of China, which has a population of 1.4 billion[7] - The company plans to continue expanding its market presence and investing in new product development to drive future growth[20] - The company has not disclosed any new product developments or market expansion strategies in the current report[15]