西王食品(000639) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was CNY 1,420,517,909.35, representing a 6.33% increase compared to CNY 1,336,013,497.61 in the same period last year[5] - The net profit attributable to shareholders was a loss of CNY 42,239,925.91, a decline of 105.94% from a loss of CNY 20,510,455.39 in the previous year[5] - The net profit for Q1 2023 was a loss of CNY 48,559,269, compared to a loss of CNY 23,410,659 in Q1 2022, indicating an increase in losses of approximately 106%[19] - The operating profit for Q1 2023 was a loss of CNY 61,697,615, worsening from a loss of CNY 29,044,040 in the previous year, representing a decline of about 112%[19] - The total comprehensive loss for Q1 2023 was CNY 76,786,375, compared to a loss of CNY 34,479,959 in Q1 2022, indicating an increase in comprehensive losses of about 122%[20] - The basic and diluted earnings per share for Q1 2023 were both CNY -0.04, compared to CNY -0.02 in the same period last year[20] Cash Flow and Investments - The net cash flow from operating activities improved significantly to CNY 21,189,418.56, compared to a negative cash flow of CNY 17,215,188.09 in the same period last year, marking a 223.09% increase[5] - The cash flow from operating activities for Q1 2023 was CNY 21,189,419, a significant improvement from a negative cash flow of CNY 17,215,188 in the same quarter last year[23] - The cash outflow from investing activities was CNY 152,581,463, compared to CNY 99,820,814 in the previous year, indicating a rise in investment expenditures[23] - The net cash flow from financing activities was -17,232,936.27, compared to 60,040,150.36 in the previous period[24] - The impact of exchange rate changes on cash and cash equivalents was -183,869.59, a decrease from -41,999.70[24] - The net increase in cash and cash equivalents was -148,433,928.83, compared to -56,371,010.99 in the previous period[24] - The beginning balance of cash and cash equivalents was 314,307,633.63, while the ending balance was 165,873,704.80[24] - The company reported an ending cash and cash equivalents balance decrease of 47.3% compared to the previous period[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,027,462,320.73, a decrease of 0.68% from CNY 7,075,773,312.20 at the end of the previous year[5] - The company's cash and cash equivalents stood at RMB 1,542,345,031.58, slightly up from RMB 1,531,900,154.85 in the previous quarter[13] - Total liabilities increased to RMB 3,186,714,875.87 from RMB 3,158,239,491.84, an increase of 0.9%[15] - The equity attributable to shareholders decreased by 1.95% to CNY 3,259,168,081.69 from CNY 3,323,989,692.72 at the end of the previous year[5] - The company's equity attributable to shareholders decreased to RMB 3,259,168,081.69 from RMB 3,323,989,692.72, a decline of 1.9%[15] - Short-term borrowings rose to RMB 1,162,046,837.22 from RMB 1,138,674,837.22, an increase of 2.0%[14] - Accounts payable increased to RMB 432,125,863.20 from RMB 362,378,373.52, reflecting a growth of 19.2%[14] - Deferred income tax assets increased to RMB 166,781,040.32 from RMB 153,894,768.94, a rise of 8.4%[14] Expenses - Total operating costs amounted to RMB 1,481,716,119.19, up 8.5% from RMB 1,365,159,066.68 year-over-year[17] - Research and development expenses increased by 58% to CNY 15,563,577.44, driven by new product development efforts[7] - Research and development expenses increased to CNY 15,563,577, up from CNY 9,852,199, marking a rise of approximately 58% year-over-year[21] - The company reported a significant increase in financial expenses, with interest expenses rising to CNY 32,455,621 from CNY 19,498,974, an increase of approximately 66%[21] - The company’s financial expenses surged by 176% to CNY 24,139,222.13, attributed to increased syndicate loan interest rates[7] - The total operating expenses for Q1 2023 were CNY 191,595,273 for sales expenses and CNY 57,613,296 for management expenses, reflecting a total increase in operating costs[21] Government Support - The company received government subsidies amounting to CNY 244,890.57, contributing to a 261% increase in other income to CNY 244,890.57[7] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 25,402[9] Audit Status - The first quarter report is unaudited[25]