九芝堂(000989) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥1,089,123,621.24, a decrease of 8.97% compared to ¥1,196,431,070.59 in the same period last year[4] - Net profit attributable to shareholders increased by 30.72% to ¥161,848,803.83 from ¥123,813,470.83 year-on-year[4] - The net profit after deducting non-recurring gains and losses rose by 40.61% to ¥159,925,483.45 compared to ¥113,738,602.57 in the previous year[4] - Basic and diluted earnings per share increased by 30.68% to ¥0.1891 from ¥0.1447 year-on-year[4] - Net profit for Q1 2023 increased by 31.19% to CNY 16,158.43 million from CNY 12,316.81 million in Q1 2022[31] - The net profit for the first quarter is 161,584,258.51, an increase from 123,168,126.26 in the previous year, representing a growth of approximately 31.2%[38] - The total profit for the quarter is 200,679,482.49, compared to 152,127,157.55 in the same period last year, indicating a year-over-year increase of about 31.9%[38] - The operating profit stands at 200,479,163.56, up from 149,023,878.45, reflecting a growth of around 34.4%[38] Cash Flow - The net cash flow from operating activities decreased by 192.73%, resulting in a negative cash flow of ¥129,146,639.74, down from a positive cash flow of ¥139,265,066.75 in the same period last year[4] - The total cash inflow from operating activities was approximately ¥559.97 million, a decrease of 40.8% compared to ¥946.28 million in the previous period[53] - The total cash outflow from operating activities was approximately ¥689.11 million, down from ¥807.01 million in the previous period[53] - The net cash flow from operating activities was approximately -¥129.15 million, compared to a positive ¥139.27 million in the previous period[53] - The cash flow from investment activities shows a net outflow of -146,243,803.37, an improvement from -666,662,108.05 in the previous year[41] - The net cash flow from financing activities is 6,069,973.76, compared to -10,425,317.09 in the previous year, indicating a positive shift in financing[41] Assets and Equity - Total assets at the end of the reporting period were ¥5,541,996,070.38, an increase of 5.80% from ¥5,238,415,577.39 at the end of the previous year[4] - Shareholders' equity attributable to the parent company increased by 4.05% to ¥4,147,270,755.21 from ¥3,985,715,529.20 at the end of the previous year[4] - Accounts receivable increased by 141.92% to CNY 70,482.38 million from CNY 29,135.00 million year-over-year[31] Operating Costs and Revenue - Total operating revenue for Q1 2023 was CNY 1,089,123,621.24, a decrease of 8.95% compared to CNY 1,196,431,070.59 in Q1 2022[20] - Total operating costs decreased to CNY 904,879,884.39 from CNY 1,037,027,376.16, reflecting a reduction of 12.73%[20] - The decrease in operating revenue was primarily due to the exclusion of Hunan Jiuzhitang Pharmaceutical Co., Ltd. from the consolidated financial statements after the transfer of 51% equity in May 2022, which contributed ¥264,038,800 in revenue in the previous year[11] Investment and Expenses - Research and development expenses rose to CNY 28,361,880.45, an increase of 20.67% from CNY 23,507,157.63 in the previous year[20] - The company reported a significant increase in investment income, rising to CNY 1,369.64 million from a loss of CNY 2,045.77 million, marking a 166.95% improvement[31] - The income tax expense for the quarter is 39,095,223.98, an increase from 28,959,031.29, reflecting a rise of about 35.1%[38] Other Financial Metrics - The company reported a decrease in credit impairment losses to -35,707.12 from -2,647,703.99, indicating improved asset quality[38] - The total income from other gains is 2,170,328.12, compared to 9,125,369.61 in the previous year, showing a decline of approximately 76.1%[38] - The company has invested 610,000,000.00 in cash for investment activities, down from 913,241,500.00 in the previous year[41] - Cash received from investment recoveries was ¥490 million, an increase from ¥284 million in the previous period[53] - Cash received from investment income was ¥2.99 million, up from ¥0.32 million in the previous period[53] - The cash paid for purchasing goods and services was approximately ¥196.56 million, a decrease from ¥365.60 million in the previous period[53] - The cash paid to employees was approximately ¥142.71 million, down from ¥161.37 million in the previous period[53] - The cash paid for taxes was approximately ¥114.67 million, an increase from ¥92.50 million in the previous period[53]