岭南控股(000524) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 476,906,649.58, representing a 154.39% increase compared to CNY 187,472,942.92 in the same period last year[5] - The net profit attributable to shareholders was CNY 8,708,390.69, a significant recovery from a loss of CNY 75,931,554.65 in the previous year, marking an increase of 111.47%[5] - The net profit for Q1 2023 was CNY 10,785,372.74, a turnaround from a net loss of CNY 81,186,441.14 in Q1 2022[16] - The basic earnings per share improved to CNY 0.013 from a loss of CNY 0.113, reflecting a 111.50% increase[5] - The company experienced a comprehensive income total of CNY 1,645,631.23 in Q1 2023, a significant recovery from a loss of CNY 82,638,265.35 in Q1 2022[17] Cash Flow - The net cash flow from operating activities reached CNY 22,431,541.53, improving by 118.49% from a negative cash flow of CNY 121,339,051.19 in the same period last year[5] - The cash inflow from operating activities for Q1 2023 was CNY 707,420,459.51, a significant increase from CNY 282,824,326.01 in Q1 2022, representing a growth of approximately 150%[19] - The cash outflow from financing activities totaled CNY 1,683,645.57, slightly decreased from CNY 1,704,596.21 in the previous year[20] - The net cash flow from financing activities was CNY -1,383,645.57, an improvement from CNY -1,704,596.21 in Q1 2022[20] - The company reported a decrease in cash and cash equivalents by CNY 4,222,965.51 during the quarter, contrasting with a significant decrease of CNY 129,327,626.52 in the same quarter last year[20] Assets and Liabilities - The company's total assets increased by 2.04% to CNY 3,047,277,762.50 from CNY 2,986,475,930.34 at the end of the previous year[5] - The total liabilities increased to CNY 986,656,998.80 in Q1 2023 from CNY 927,500,797.87 in Q1 2022, marking a rise of about 6.4%[14] - The total equity attributable to shareholders of the parent company was CNY 2,045,549,773.90, showing a slight decrease from CNY 2,045,978,484.37 year-over-year[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 29,696[10] - The largest shareholder, Guangzhou Lingnan International Enterprise Group Co., Ltd., holds 45.12% of the shares, totaling 302,382,302 shares[10] Government Support and Financial Assistance - The company received government subsidies amounting to CNY 2,039,000.00, contributing to its financial performance[6] - The company provided financial assistance to its subsidiaries, with a total of up to RMB 17 million for Guangzhou Garden Hotel, RMB 32 million for China Grand Hotel, RMB 3 million for Lingnan Hotel, and RMB 10 million for Guangzhou Guangzhilv International Travel Agency[11] - The financial assistance provided to subsidiaries is set to be used without charging a usage fee for certain periods[11] - The company’s financial strategies include supporting its subsidiaries to enhance operational capabilities and financial stability[11] Operational Metrics - Accounts receivable rose by 52.72% to CNY 112,109,160.55, driven by strong recovery in the business travel and accommodation sectors[9] - The company reported a 30.16% increase in contract liabilities, amounting to CNY 247,015,245.75, due to growth in team travel services[9] - The total operating costs for Q1 2023 amounted to CNY 468,535,283.99, compared to CNY 270,899,165.44 in Q1 2022, reflecting an increase of about 73.0%[16] - The research and development expenses for Q1 2023 were CNY 3,566,878.97, slightly up from CNY 3,387,510.82 in Q1 2022, indicating a focus on innovation[16] Cash and Cash Equivalents - As of March 31, 2023, the cash and cash equivalents amounted to RMB 1,097,597,620.10, slightly down from RMB 1,100,328,311.79 at the beginning of the year[12] - The cash and cash equivalents at the end of Q1 2023 were CNY 1,081,917,848.81, down from CNY 1,264,291,316.61 at the end of Q1 2022[20] Audit Status - The first quarter report was not audited, which may affect the reliability of the financial data presented[21]