新大洲A(000571) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥304,724,253.96, a decrease of 14.69% compared to ¥357,208,115.79 in Q1 2022[5] - The net profit attributable to shareholders was -¥19,624,163.07, representing a decline of 155.70% from ¥35,230,690.52 in the same period last year[5] - The net cash flow from operating activities decreased by 32.78% to ¥123,720,475.48 from ¥184,065,476.09 in Q1 2022[12] - The weighted average return on net assets was -5.38%, down from 8.29% in the previous year[5] - Operating income for the first quarter was 3,676,301.78, a significant increase of 2658.95% compared to 133,250.00 from the previous year[15] - The net loss attributable to the parent company for Q1 2023 was CNY -1,242,490,466.03, compared to CNY -1,222,866,302.96 in the previous year, indicating a slight increase in losses[27] - The net profit for Q1 2023 was CNY 5,303,259.66, a significant decrease compared to CNY 96,889,238.32 in the same period last year, reflecting a decline of approximately 94.5%[30] - The total comprehensive income for the period was CNY 10,995,263.13, down from CNY 95,651,063.99, reflecting a decrease of about 88.5%[31] - The operating profit for Q1 2023 was CNY 20,919,492.96, down from CNY 98,921,167.01, reflecting a decrease of about 78.8% year-over-year[30] Assets and Liabilities - The total assets at the end of the reporting period increased by 2.64% to ¥3,053,350,238.91 from ¥2,974,831,866.60 at the end of the previous year[5] - The total liabilities increased to CNY 2,014,814,814.92 from CNY 1,963,363,576.74, reflecting a rise in financial obligations[27] - The cash and cash equivalents at the end of Q1 2023 were CNY 465,024,469.51, an increase from CNY 364,796,681.99 at the beginning of the year[25] - The cash and cash equivalents at the end of the period amounted to CNY 464,000,210.13, an increase from CNY 313,225,794.37 year-over-year, showing a growth of approximately 48.2%[32] Revenue and Costs - The total operating revenue for Q1 2023 was CNY 304,724,253.96, a decrease of approximately 14.7% compared to CNY 357,208,115.79 in the same period last year[28] - The total operating costs for Q1 2023 were CNY 280,716,538.89, an increase of about 8.9% from CNY 257,642,390.34 in the previous year[28] - The total revenue from operating activities was CNY 394,520,992.38, down from CNY 502,586,922.74, indicating a decrease of about 21.5% year-over-year[31] Cash Flow - The cash flow from operating activities showed a net inflow of CNY 123,720,475.48, compared to CNY 184,065,476.09 in the previous year, representing a decline of approximately 32.6%[32] - The cash flow from investing activities showed a net outflow of CNY 19,152,722.00, compared to a net outflow of CNY 10,515,194.63 in the same period last year, indicating increased investment activity[32] Shareholder Information - The company's total number of ordinary shareholders reached 50,342, with no preferred shareholders having restored voting rights[17] - The largest shareholder, Dalian Hesheng Holdings Group, holds 13.25% of shares, with 107,847,136 shares frozen[17] Legal and Operational Issues - The company is involved in a legal dispute regarding the acquisition of a 40% stake in Yancheng Niu Yuan Wai Enterprise Management Center, with a total payment of 54,172,000 planned[21] - The company’s subsidiary, Wujin Group, was ordered to suspend operations from March 28 to March 30, 2023, due to safety violations[22] Strategic Initiatives - The company established a strategic restructuring task force for the beef industry, led by director Sun Luning, to enhance operational efficiency[23] - The company plans to focus on market expansion and new product development as part of its strategic initiatives moving forward[23] Other Financial Metrics - Financial expenses increased by 52.04% to ¥19,756,502.39, mainly due to exchange losses from overseas investments[14] - Tax expenses surged by 13432.59% to 16,564,072.81, primarily due to increased tax liabilities from the previous year[15] - The company reported a significant increase in other receivables, which rose to CNY 46,710,313.09 from CNY 24,583,942.21, indicating improved collection efforts[25] - The company’s inventory decreased to CNY 34,622,085.61 from CNY 37,785,847.28, suggesting better inventory management practices[25] - The company incurred a credit impairment loss of CNY 4,047.01, compared to CNY 1,806,427.82 in the previous year, indicating a significant reduction in credit losses[30] - Minority shareholder losses decreased by 59.57% to 24,927,422.73, reflecting a reduction in recognized minority losses[15]