SHBM(SH:900939)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 3,819,708.36, with a net profit attributable to shareholders of CNY 1,536,979.61, representing a year-on-year increase of 33.38%[2] - The net profit after deducting non-recurring gains and losses was CNY 1,529,395.79, reflecting a 37.39% increase compared to the same period last year[3] - In Q1 2023, the company reported a net profit of CNY 1,528,645.01, an increase of 35.6% compared to CNY 1,127,231.70 in Q1 2022[12] - The total revenue from operating activities was CNY 7,497,368.92, significantly up from CNY 2,505,369.54 in the same period last year, marking an increase of 198.5%[14] - The company experienced a total comprehensive income of CNY 1,511,469.63, up from CNY 1,120,843.85 in the previous year, representing an increase of 34.8%[12] - The company's operating profit for the quarter was CNY 2,300,747.59, an increase from CNY 1,938,298.04 in the same quarter last year, showing a growth of 18.7%[12] Earnings and Shareholder Metrics - Basic and diluted earnings per share were both CNY 0.0085, marking a 33.38% increase from the previous year[3] - Basic and diluted earnings per share were both CNY 0.0085, compared to CNY 0.0063 in Q1 2022, indicating a growth of 35.1%[12] - The weighted average return on equity rose to 1.30%, an increase of 0.25 percentage points compared to the end of the previous year[2] - Shareholders' equity attributable to the parent company increased to CNY 119,053,508.65, up by 1.29% from the previous year-end[2] - The company reported a total of 10,338 common shareholders at the end of the reporting period[5] - The top shareholder, Shanghai Huili Group Co., Ltd., holds 28.64% of the shares, totaling 51,989,300 shares[6] Cash Flow and Assets - The net cash flow from operating activities reached CNY 3,582,051.54, showing a significant increase of 269.55% year-on-year[3] - Cash and cash equivalents increased to CNY 102,662,217.58 from CNY 98,385,090.42, reflecting a growth of approximately 4.3%[9] - The company maintained a stable cash position with total current assets at CNY 112,302,390.46, slightly up from CNY 111,475,245.23[9] - The cash and cash equivalents at the end of the period totaled CNY 12,165,300.92, down from CNY 16,008,958.92 at the end of Q1 2022[15] - The company reported a net cash outflow from investing activities of CNY 4,703,963.47, primarily due to significant investments made during the quarter[15] Costs and Liabilities - Total operating costs decreased to CNY 507,687.68 from CNY 534,495.11 in Q1 2022, representing a reduction of approximately 5.1%[11] - Operating costs included CNY 307,277.03 in operating expenses, up from CNY 202,696.26 in the previous year, indicating a significant increase of approximately 51.5%[11] - Total liabilities decreased to CNY 23,737,695.88 from CNY 25,690,092.39, a reduction of approximately 7.6%[9] - Shareholders' equity increased to CNY 122,448,677.62 from CNY 120,937,207.99, reflecting a growth of about 1.2%[10] - The company reported a financial expense of CNY -750,830.35, compared to CNY -685,763.75 in Q1 2022, indicating an increase in financial costs[11] Other Developments - The company did not report any significant new product developments or market expansion strategies during this quarter[7] - Other comprehensive income after tax was reported at CNY -17,175.38, compared to CNY -6,387.85 in Q1 2022, indicating a decline in this area[12] - The company incurred a tax expense of CNY 781,016.68, a decrease from CNY 819,155.28 in the previous year, reflecting a reduction of 4.6%[12]