巴比食品(605338) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was CNY 319,516,702.75, representing a year-on-year increase of 3.24%[5] - Net profit attributable to shareholders reached CNY 41,031,961.37, a significant increase of 2,724.36% compared to the same period last year[5] - Basic and diluted earnings per share were both CNY 0.16, reflecting a 1,500.00% increase driven by the fair value change of indirect holdings in Dongpeng Beverage Group Co., Ltd.[5][11] - Total operating revenue for Q1 2023 was CNY 319,516,702.75, an increase of 3.26% compared to CNY 309,503,798.16 in Q1 2022[21] - Net profit for Q1 2023 reached CNY 39,981,951.12, a significant increase from CNY 1,178,205.80 in Q1 2022, representing a growth of 3,295.61%[22] - Total comprehensive income for Q1 2023 was CNY 39,981,951.12, compared to CNY 1,178,205.80 in Q1 2022, indicating strong financial performance[23] Operating Costs and Expenses - The net profit after deducting non-recurring gains and losses decreased by 48.06% to CNY 20,155,423.52, primarily due to increased personnel costs and marketing expenses[10] - Total operating costs for Q1 2023 were CNY 291,992,147.08, up 13.23% from CNY 257,822,432.29 in Q1 2022[21] - Research and development expenses for Q1 2023 were CNY 2,737,704.17, compared to CNY 1,505,409.98 in Q1 2022, reflecting a 81.83% increase[22] Cash Flow - The net cash flow from operating activities was negative at CNY -11,392,637.68, indicating a cash outflow during the quarter[5] - Cash flow from operating activities in Q1 2023 was CNY 388,252,173.24, an increase from CNY 355,349,591.67 in Q1 2022[25] - The net cash flow from operating activities was -11,392,637.68 RMB, an improvement from -19,175,764.35 RMB in the previous period, indicating a reduction in cash outflow[26] - Cash inflow from investment activities totaled 108,563,608.89 RMB, compared to 74,935,484.33 RMB in the prior period, reflecting a significant increase of approximately 45%[26] - The net cash flow from financing activities was 18,343,898.94 RMB, a turnaround from -4,881,321.48 RMB in the previous year, showing a positive shift in financing[27] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,681,346,236.19, a slight increase of 0.20% from the end of the previous year[6] - The company's current assets decreased to RMB 1,104,647,948.56 from RMB 1,231,453,631.41 in the previous year, representing a decline of approximately 10.3%[19] - The total liabilities decreased to RMB 1,105,648,000.00 from RMB 1,200,000,000.00, indicating a reduction of approximately 7.9%[19] - The company's total liabilities as of Q1 2023 were CNY 569,387,622.11, a decrease from CNY 606,320,609.66 in Q1 2022[20] - The total current liabilities were recorded at 486,547,908.87, indicating a stable financial position[32] Shareholder Equity - Shareholders' equity attributable to shareholders was CNY 2,109,058,591.65, up 2.08% from the previous year-end[6] - Total equity attributable to shareholders was CNY 2,109,058,591.65 in Q1 2023, up from CNY 2,066,064,629.80 in Q1 2022[21] - The company’s undistributed profits stood at 932,518,915.40, slightly decreasing from 932,738,624.65, with a change of 219,709.25[33] Non-Recurring Gains and Other Income - Non-recurring gains included government subsidies amounting to CNY 2,053,322.64 and fair value changes of financial assets totaling CNY 25,656,847.03[7][9] - The company reported a significant increase in investment income to CNY 981,864.00 in Q1 2023, up from CNY 533,343.29 in Q1 2022[22] Accounting Policies - The company has adopted new accounting policies effective from January 1, 2023, in accordance with the Ministry of Finance's regulations[28] - The company plans to continue adjusting its accounting policies to align with new standards and improve financial reporting accuracy[28]