Financial Performance - The company's revenue for Q1 2023 was CNY 130,979,595.80, representing a 13.44% increase compared to CNY 115,456,915.65 in the same period last year[4] - Net profit attributable to shareholders for Q1 2023 was CNY 26,888,242.13, a 30.50% increase from CNY 20,604,279.98 in Q1 2022[4] - The net profit after deducting non-recurring gains and losses was CNY 22,746,567.88, up 46.97% from CNY 15,476,877.10 year-on-year[4] - Basic and diluted earnings per share for Q1 2023 were both CNY 0.23, an increase of 27.78% compared to CNY 0.18 in Q1 2022[4] - The company’s operating profit for Q1 2023 was CNY 35,934,815.20, reflecting a 31.25% increase from CNY 27,379,522.05 in Q1 2022[10] - The total profit for Q1 2023 was CNY 35,934,815.20, which is a 30.63% increase compared to CNY 27,508,042.05 in the previous year[10] - Total operating revenue for Q1 2023 reached CNY 130,979,595.80, an increase of 13.5% compared to CNY 115,456,915.65 in Q1 2022[20] - The company reported a decrease in accounts receivable from CNY 12,479,495.11 at the beginning of the year to CNY 7,646,867.10, a reduction of 38.5%[17] - The company’s net profit for Q1 2023 is not explicitly stated, but the increase in revenue and costs suggests a focus on maintaining profitability amidst rising expenses[20] - The total comprehensive income for the quarter was CNY 26,888,242.13, up from CNY 20,604,279.98 in Q1 2022, marking a growth of 30.5%[22] Assets and Liabilities - The total assets at the end of Q1 2023 were CNY 1,028,371,486.92, a 1.00% increase from CNY 1,018,178,710.81 at the end of the previous year[4] - Total assets as of March 31, 2023, amounted to CNY 1,028,371,486.92, a slight increase from CNY 1,018,178,710.81 at the start of the year[18] - The company’s total liabilities decreased from CNY 95,073,517.53 to CNY 77,630,825.60, a reduction of 18.3%[18] - The equity attributable to shareholders increased from CNY 923,105,193.28 to CNY 950,740,661.32, an increase of 3.0%[19] Cash Flow - The company's cash flow from operating activities for Q1 2023 was CNY 18,261,506.38, a decrease of 7.77% from CNY 19,799,463.96 in Q1 2022[4] - Cash and cash equivalents at the end of Q1 2023 were CNY 171,032,982.27, down from CNY 182,558,180.63 at the beginning of the year, indicating a decrease of 6.3%[17] - Total cash and cash equivalents at the end of the quarter were CNY 170,623,507.72, a decrease from CNY 203,992,071.99 at the end of Q1 2022[25] - The company reported cash inflow from operating activities of CNY 140,689,798.09, compared to CNY 135,166,169.85 in the same period last year, reflecting a growth of 4.0%[24] - Cash outflow for operating activities was CNY 122,428,291.71, an increase from CNY 115,366,705.89 in Q1 2022[24] - Investment activities resulted in a net cash outflow of CNY 29,656,378.15, compared to a significantly larger outflow of CNY 275,425,322.31 in the previous year[24] - The company paid CNY 120,249.90 in financing activities, down from CNY 174,568.00 in Q1 2022[25] Costs and Expenses - Total operating costs for Q1 2023 were CNY 101,127,468.41, up from CNY 95,345,866.25 in the same period last year, reflecting a rise of 6.8%[20] - Research and development expenses for Q1 2023 were CNY 350,843.40, slightly down from CNY 421,353.74 in the previous year, indicating a focus on cost management[20] - The company experienced a 68.94% decrease in cash inflow from investment activities, totaling CNY 91,625,085.62 compared to CNY 294,957,304.79 in the same period last year[11] Inventory Management - Inventory levels increased to CNY 22,961,631.74 from CNY 21,992,299.35, reflecting a growth of 4.4%[17]
青岛食品(001219) - 2023 Q1 - 季度财报