JZP(SH:900952)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥881,536,370.21, representing a year-on-year increase of 46.63%[4] - The net profit attributable to shareholders decreased by 43.82% to ¥25,642,046.95 compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 186.70% to ¥6,089,482.95[4] - The basic and diluted earnings per share were both ¥0.0128064, down 43.82% year-on-year[4] - Total operating revenue for Q1 2023 reached ¥881,536,370.21, a significant increase of 46.7% compared to ¥601,186,994.19 in Q1 2022[17] - Net profit for Q1 2023 was ¥23,725,728.93, a decrease of 45.3% from ¥43,389,526.78 in Q1 2022[18] - The total profit for Q1 2023 was ¥30,326,825.03, down 47.3% from ¥57,488,156.68 in Q1 2022[18] - Basic earnings per share for Q1 2023 were ¥0.01, down from ¥0.02 in Q1 2022[18] - Total comprehensive income for Q1 2023 was CNY 29.44 million, compared to CNY 62.34 million in Q1 2022, reflecting a decrease of 52.8%[27] - The company’s operating profit for Q1 2023 was CNY 31.64 million, down 47.9% from CNY 60.66 million in Q1 2022[26] Cash Flow - The net cash flow from operating activities was ¥358,085,603.25, not applicable for year-on-year comparison[4] - Cash flow from operating activities for Q1 2023 was ¥358,085,603.25, a recovery from a negative cash flow of -¥136,049,572.47 in Q1 2022[20] - Cash inflow from operating activities totaled ¥2,904,331,076.57, compared to ¥2,511,016,594.92 in Q1 2022, reflecting a growth of 15.6%[20] - Cash outflow from operating activities was ¥2,546,245,473.32, slightly down from ¥2,647,066,167.39 in Q1 2022[20] - The net cash flow from investment activities was 381,845,334.22 RMB, an increase from 344,556,918.04 RMB year-over-year, reflecting a growth of approximately 10.5%[22] - The cash flow from financing activities resulted in a net outflow of -1,303,495,975.31 RMB, compared to -116,687,425.85 RMB in the previous year, indicating a significant increase in cash outflow[22] - The company reported a net cash flow from operating activities of CNY 602.28 million, a significant improvement from a negative cash flow of CNY -219.67 million in Q1 2022[29] Assets and Liabilities - The total assets at the end of the reporting period were ¥17,094,755,075.45, a decrease of 3.28% from the end of the previous year[5] - The company's total liabilities as of March 31, 2023, were ¥10,308,003,221.58, down from ¥10,917,420,853.84 at the end of 2022, indicating a reduction of about 5.58%[14] - As of March 31, 2023, the company's total assets amounted to ¥17,094,755,075.45, a decrease from ¥17,675,106,774.26 as of December 31, 2022, representing a decline of approximately 3.29%[12] - The company's cash and cash equivalents stood at ¥1,157,920,222.92 as of March 31, 2023, compared to ¥1,554,382,717.92 at the end of 2022, reflecting a decrease of approximately 25.43%[12] - The company's total equity as of March 31, 2023, was ¥6,786,751,853.87, a slight increase from ¥6,757,685,920.42 at the end of 2022, representing an increase of approximately 0.43%[14] - The company's total liabilities decreased to 10,641,675,949.00 RMB from 10,957,721,642.11 RMB, showing a decline of about 2.9%[25] - The company's short-term borrowings were reported at 1,751,082,188.89 RMB, down from 1,853,161,474.44 RMB, reflecting a decrease of approximately 5.5%[25] - The long-term borrowings decreased to 1,446,549,600.00 RMB from 1,676,534,600.00 RMB, indicating a reduction of about 13.7%[25] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 100,743[8] - The equity attributable to shareholders increased by 0.47% to ¥6,687,916,241.86 compared to the end of the previous year[5] - The company's total equity increased to 6,541,982,615.09 RMB from 6,507,980,704.48 RMB, reflecting a growth of approximately 0.5%[25] Inventory and Receivables - Accounts receivable increased to ¥699,616,685.24 as of March 31, 2023, from ¥608,921,654.14 at the end of 2022, marking an increase of about 14.87%[12] - The company reported a decrease in inventory to ¥11,341,996.73 as of March 31, 2023, from ¥11,688,842.20 at the end of 2022, a decline of about 2.96%[12] - The company's accounts receivable increased to 631,604,381.87 RMB from 540,828,531.61 RMB, representing a growth of approximately 16.8%[24] - The inventory level rose to 4,550,554.73 RMB from 4,125,478.23 RMB, indicating an increase of about 10.3%[24] Financial Expenses - The company reported a decrease in financial expenses, with interest expenses at ¥111,353,570.97, down from ¥124,414,108.45 in Q1 2022[17] - The company incurred financial expenses of CNY 123.31 million, slightly down from CNY 127.67 million in the same period last year[26] - The company reported a decrease in credit impairment losses to CNY 45.28 million from CNY 56.89 million in Q1 2022, a reduction of 20.5%[26] Non-Recurring Gains - The company reported non-recurring gains of ¥19,552,564.00 for the period, with significant contributions from government subsidies and other income[6] - The company has received a total of ¥191,806.61 million in equity transfer payments and incurred a financial occupancy fee of ¥28,142.88 million[10] - Investment income for Q1 2023 was CNY 12.78 million, a decrease of 71.3% from CNY 44.50 million in Q1 2022[26]