Financial Performance - The company's operating revenue for Q1 2023 was ¥238,673,138.06, a decrease of 15.13% compared to ¥281,209,443.53 in the same period last year[5] - Net profit attributable to shareholders was ¥10,612,714.82, showing a slight increase of 0.43% from ¥10,567,018.34 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥9,221,097.85, down 13.42% from ¥10,650,344.95 in the previous year[5] - Total operating revenue for Q1 2023 was CNY 238.67 million, a decrease of 15.1% compared to CNY 281.21 million in Q1 2022[24] - Total operating costs for Q1 2023 were CNY 222.44 million, down 16.1% from CNY 265.24 million in the same period last year[24] - Net profit for Q1 2023 was CNY 10.61 million, slightly up by 0.4% from CNY 10.57 million in Q1 2022[25] Cash Flow and Liquidity - Cash flow from operating activities improved significantly, with a net outflow of ¥3,817,886.27, a 67.89% reduction from a net outflow of ¥11,888,631.35 in the same period last year[5] - The company reported a cash balance of RMB 190,917,733.34 as of March 31, 2023, down from RMB 317,809,328.46 at the beginning of the year, indicating a decrease of approximately 40%[20] - Cash inflow from operating activities totaled 238,885,793.95 CNY, a decrease of 18.7% compared to 293,656,152.34 CNY in the previous period[29] - Cash outflow from operating activities amounted to 242,703,680.22 CNY, down from 305,544,783.69 CNY in the previous period[29] - The net cash flow from operating activities was -3,817,886.27 CNY, an improvement from -11,888,631.35 CNY in the previous period[29] - The ending balance of cash and cash equivalents was 176,383,464.91 CNY, down from 314,742,044.45 CNY in the previous period[30] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,201,409,362.38, a decrease of 4.75% from ¥1,261,312,918.76 at the end of the previous year[5] - Total liabilities decreased to CNY 494.86 million from CNY 565.61 million, reflecting improved financial stability[23] - Current liabilities decreased to CNY 216.03 million from CNY 326.84 million, indicating better short-term financial management[22] - Long-term borrowings increased to CNY 116.52 million from CNY 83.31 million, suggesting a strategic move to leverage long-term financing[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,240[13] - The top 10 shareholders include Shanghai Jushen Asset Management Co., with significant holdings of 2,660,000 shares and 2,581,649 shares in two different partnerships[15] - The company has identified a consistent action relationship among certain shareholders, including family ties and partnerships under common control[15] Strategic Initiatives - The company plans to establish wholly-owned subsidiaries in Malaysia and Singapore to enhance service offerings and foster new business growth[18] - The company is in the process of establishing a new logistics subsidiary in Malaysia, which is part of its strategic planning for better customer service[18] - The completion date for the "Jushen Zhudong Land Port Project" has been postponed to October 31, 2023, and the "Supply Chain Management Information Technology Upgrade Project" to December 31, 2023[18] Government Subsidies and Other Income - The company reported a significant increase in government subsidies, with other income rising by 592.55% to ¥1,421,403.57 compared to ¥205,243.35 in the previous year[11] Research and Development - Research and development expenses rose to CNY 693.65 thousand, up from CNY 497.07 thousand, highlighting a commitment to innovation[25] Inventory Management - The company reported a decrease in inventory to CNY 18.93 million from CNY 34.35 million, indicating improved inventory management[21]
炬申股份(001202) - 2023 Q1 - 季度财报