Financial Performance - The company's revenue for Q1 2023 was ¥1,109,563,041.65, a decrease of 1.67% compared to ¥1,128,377,441.79 in the same period last year[4] - Net profit attributable to shareholders was ¥3,111,061.91, down 88.15% from ¥26,244,280.07 year-on-year[4] - Basic and diluted earnings per share decreased by 89.40% to ¥0.0032 from ¥0.0302 in the same period last year[4] - Net profit for Q1 2023 was CNY 2,736,206.64, a significant decline of 89.6% from CNY 26,125,888.66 in Q1 2022[20] - Earnings per share (EPS) for Q1 2023 was CNY 0.0032, down from CNY 0.0302 in the same period last year[21] Cash Flow and Liquidity - The net cash flow from operating activities improved by 21.43%, amounting to -¥580,766,157.59 compared to -¥739,182,602.05 in the previous year[10] - Cash inflow from operating activities totaled CNY 1,273,758,579.96, an increase from CNY 1,201,978,996.40 in Q1 2022[22] - The net cash flow from operating activities was -580,766,157.59, an improvement from -739,182,602.05 in the previous year[24] - The company reported a total cash outflow of 660,672,642.98 for the quarter, improving from 926,678,066.59 in the previous year[24] - The total cash and cash equivalents at the end of the period were 1,106,263,493.55, a decrease from 1,766,936,136.53 at the beginning of the period[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,323,878,532.66, a decline of 7.49% from ¥10,078,623,202.35 at the end of the previous year[4] - Total liabilities decreased from ¥8,000,000,000 to ¥7,500,000,000, a reduction of about 6.25%[16] - The company has a total of 6,322,630,870.32 in non-current assets, slightly up from 6,230,856,518.64 at the beginning of the year[16] - The total liabilities decreased to CNY 4,572,088,688.28 from CNY 5,335,793,244.78 in the previous year[20] Shareholder Information - Total number of common shareholders at the end of the reporting period is 17,618[12] - The largest shareholder, Foshan Lehua Hengye Industrial Investment Co., Ltd., holds 49.71% of shares, totaling 480,000,000 shares[12] - The company’s total equity attributable to shareholders increased slightly by 0.20% to ¥4,745,910,210.45 from ¥4,736,575,468.37 at the end of the previous year[4] - Total equity attributable to shareholders of the parent company increased slightly to CNY 4,745,910,210.45 from CNY 4,736,575,468.37 in Q1 2022[20] Operational Changes - The company reported a significant increase in short-term borrowings by 59.98%, reaching ¥480,300,890.51 due to operational needs[9] - The company experienced a 56.77% increase in payable taxes, totaling ¥59,230,184.51, attributed to an increase in value-added tax[10] - The company is exploring new strategies for market expansion and product development, although specific details were not disclosed in the report[14] Expenses - Total operating costs increased to CNY 1,129,123,358.41, up 1.4% from CNY 1,113,292,055.78 in the previous year[19] - Research and development expenses rose to CNY 68,625,113.32, up 20.1% from CNY 57,160,327.32 in the previous year[20] - Sales expenses decreased to CNY 106,422,479.55, down 18.0% from CNY 129,757,086.84 in Q1 2022[20] - Management expenses decreased to CNY 165,778,278.41, down 10.2% from CNY 184,592,947.58 in the previous year[20] Audit Information - The company did not conduct an audit for the first quarter report[25]
箭牌家居(001322) - 2023 Q1 - 季度财报