HSTD(SH:900942)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 337,916,364.49, representing a 161.26% increase compared to CNY 129,339,308.77 in the same period last year[5]. - The net profit attributable to shareholders of the listed company was CNY 64,575,642.65, a significant recovery from a loss of CNY 83,699,654.11 in the previous year[5]. - Operating profit for Q1 2023 was ¥82,609,849.07, compared to a loss of ¥85,648,654.66 in Q1 2022, indicating a turnaround in profitability[23]. - Net profit for Q1 2023 amounted to ¥70,683,435.00, recovering from a net loss of ¥86,500,361.47 in the same period last year[23]. - The total comprehensive income attributable to the parent company for Q1 2023 was ¥66,190,242.65, compared to a loss of ¥86,507,547.25 in Q1 2022[24]. - Basic and diluted earnings per share both improved to CNY 0.0885, compared to a loss of CNY -0.1148 in the previous year[6]. - Basic and diluted earnings per share for Q1 2023 were ¥0.0885, an improvement from a loss of ¥0.1142 per share in Q1 2022[24]. Cash Flow - The net cash flow from operating activities was CNY 131,411,598.17, a turnaround from a negative cash flow of CNY -69,813,685.04 in the same period last year[6]. - Cash inflow from operating activities for Q1 2023 was ¥431,273,596.43, significantly up from ¥152,916,708.38 in Q1 2022, representing an increase of approximately 182%[25]. - Cash inflow from investment activities for Q1 2023 was ¥620,251,994.26, compared to ¥34,698,246.11 in Q1 2022, marking a substantial increase[26]. - The company experienced a net decrease in cash and cash equivalents of ¥439,033,257.05 in Q1 2023, an improvement from a decrease of ¥1,129,329,266.19 in Q1 2022[26]. Visitor Statistics - The number of visitors to the mountain increased by 312.13% year-on-year, which significantly contributed to the rise in both revenue and profit[9]. - The total number of visitors to Huangshan Scenic Area reached 845,100, an increase of 312.13% compared to 205,100 in the same period last year[14]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,240,273,810.65, a slight increase of 0.56% from CNY 5,208,350,313.78 at the end of the previous year[6]. - Total liabilities decreased to ¥880,947,439.08 in Q1 2023 from ¥918,588,726.40 in Q1 2022, reflecting a reduction of approximately 4.5%[20]. - The total equity attributable to shareholders increased to ¥4,152,143,041.64 in Q1 2023 from ¥4,085,913,434.30 in Q1 2022, showing a growth of approximately 1.6%[20]. Investments and Acquisitions - The company completed the acquisition of a 9% stake in Huangshan Taihu Lake Cultural Tourism Co., Ltd. for RMB 31.68 million, finalized on April 27, 2023[14]. - The renovation project for Pinghu Holiday Hotel had its investment amount adjusted from approximately RMB 35 million to about RMB 50 million[16]. Other Financial Information - Non-recurring gains and losses totaled CNY 4,280,078.43, with significant contributions from government subsidies and investment income[9]. - The company did not conduct an audit for the Q1 financial report, indicating that the figures are unaudited[4]. - The company has not identified any related party relationships among its top shareholders[13].