李子园(605337) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 345,322,872.14, representing a year-on-year increase of 1.11%[4] - Net profit attributable to shareholders was CNY 59,197,625.87, reflecting a significant increase of 44.97% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 57,824,177.69, up 68.36% year-on-year[4] - Basic and diluted earnings per share were both CNY 0.20, marking a 53.85% increase year-on-year[4] - Total revenue for Q1 2023 was CNY 345,322,872.14, a slight increase of 1.0% compared to CNY 341,515,385.08 in Q1 2022[19] - Net profit for Q1 2023 was CNY 59,197,625.87, up 45.0% from CNY 40,833,884.20 in Q1 2022[20] Cash Flow and Assets - The net cash flow from operating activities was CNY 104,423,737.86, an increase of 7.56% compared to the previous year[4] - Cash flow from operating activities generated a net inflow of CNY 104,423,737.86, compared to CNY 97,084,421.65 in the same period last year, an increase of 7.5%[24] - The cash and cash equivalents increased to CNY 564,975,004.64 from CNY 552,513,019.51, representing a growth of about 2.7%[15] - The net increase in cash and cash equivalents for the quarter was 12,150,802.44, compared to 41,288,874.23 in the previous quarter[25] - The cash and cash equivalents at the beginning of the period were 551,554,570.34, while the ending balance was 563,705,372.78[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,445,264,514.42, up 2.88% from the end of the previous year[5] - The company's current assets totaled CNY 1,007,748,086.94, slightly up from CNY 1,007,403,418.80 at the end of 2022, indicating a marginal increase of 0.03%[16] - The company's total liabilities as of March 31, 2023, were CNY 657,167,146.77, compared to CNY 647,933,147.50 at the end of 2022, showing an increase of approximately 1.9%[17] - The total equity of the company increased to CNY 1,788,097,367.65 from CNY 1,728,899,841.78, reflecting a growth of approximately 3.4%[17] Cost Management - Total operating costs decreased to CNY 275,408,583.32 from CNY 300,110,470.73, representing a reduction of approximately 8.2%[19] - The increase in net profit was primarily due to price increases on certain products and a decrease in raw material costs[9] - The company reported a decrease in selling expenses, contributing to the overall profit growth[9] - Sales expenses decreased significantly to CNY 40,403,464.35 from CNY 50,444,717.34, a reduction of 19.9%[19] Research and Development - Research and development expenses rose to CNY 4,127,934.67, up 44.5% from CNY 2,856,111.26 in Q1 2022, indicating a focus on innovation[19] Strategic Initiatives - The company has not disclosed any new product developments or market expansion strategies in the provided documents[14] - The company is focusing on market expansion and new product development as part of its strategic initiatives for future growth[20]