燕京啤酒(000729) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was CNY 3,526,175,264.83, representing a year-on-year increase of 13.74%[3] - Net profit attributable to shareholders was CNY 64,563,848.91, a significant increase of 7,373.28% compared to the same period last year[3] - The beer sales volume reached 963,100 hectoliters, reflecting a year-on-year growth of 12.80%[5] - Total operating revenue for Q1 2023 reached CNY 3,526,175,264.83, an increase of 13.7% compared to CNY 3,100,222,997.15 in Q1 2022[13] - Net profit for Q1 2023 was CNY 89,930,332.19, a significant increase from CNY 31,494,702.48 in the same period last year, representing a growth of 185.5%[13] - Operating profit for Q1 2023 was CNY 125,561,446.89, up from CNY 57,230,454.28 in Q1 2022, indicating a year-over-year increase of 119.0%[13] - Earnings per share (EPS) for Q1 2023 was CNY 0.0229, significantly higher than CNY 0.0003 in Q1 2022[13] Cash Flow and Operating Activities - The net cash flow from operating activities decreased by 34.04% to CNY 489,381,982.15 compared to the previous year[3] - The cash inflow from operating activities was CNY 4,438,694,443.60, an increase of 25.5% compared to CNY 3,538,616,222.66 in the previous period[14] - The cash outflow for purchasing goods and services was CNY 2,280,234,121.30, an increase of 89.5% compared to CNY 1,202,840,984.17 in the previous period[14] - The cash outflow for employee payments was CNY 620,570,497.48, a decrease of 14.8% compared to CNY 728,379,438.20 in the previous period[14] - The cash outflow for taxes paid was CNY 572,996,535.08, an increase of 35.4% compared to CNY 423,002,124.83 in the previous period[14] Assets and Liabilities - Total assets at the end of the reporting period were CNY 22,367,641,339.35, an increase of 8.08% from the end of the previous year[3] - Accounts receivable increased by 77.57% to CNY 334,861,959.85 due to higher sales volume[6] - Prepayments surged by 185.48% to CNY 347,215,866.58, primarily due to increased advance payments for raw materials[6] - Short-term borrowings rose significantly by 433.70% to CNY 1,601,090,390.00, attributed to increased operational funding needs[6] - The total liabilities increased to CNY 8,011,765,216.82 in Q1 2023 from CNY 6,428,600,461.75 in Q1 2022, reflecting a growth of 24.7%[12] - Current liabilities totaled CNY 7,815,792,320.68, up from CNY 6,231,657,052.54, marking an increase of 25.5% year-over-year[12] - The company's total equity rose to CNY 14,355,876,122.53 in Q1 2023, compared to CNY 14,265,945,790.34 in Q1 2022, showing a growth of 0.6%[12] Government Subsidies and Investments - The company received government subsidies amounting to CNY 7,840,905.40 during the reporting period[4] - The company received a government subsidy of CNY 60,910,000, which will impact the financial results for Q2 2023 and the full year[9] - The company plans to apply for a comprehensive credit facility of CNY 5 billion from Bank of Communications and CNY 1 billion from China Construction Bank[9] Research and Development - Research and development expenses for Q1 2023 were CNY 69,347,235.02, compared to CNY 63,241,518.68 in Q1 2022, indicating an increase of 9.9%[13] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 49,450[7] - The top shareholder, Beijing Yanjing Beer Investment Co., Ltd., holds 1,320,119,674 shares, representing 19.94% of the total shares[8]