世联行(002285) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥788,163,836.16, a decrease of 16.17% compared to ¥940,213,565.55 in the same period last year[5] - The net profit attributable to shareholders was -¥13,035,904.51, an improvement of 46.57% from -¥24,396,953.42 year-on-year[5] - The company achieved a total revenue of 765.94 million yuan in Q1 2023, a decrease of 17.94% year-on-year[14] - The large transaction service revenue was 489.32 million yuan, down 18.92% compared to the same period last year, primarily due to a 38.66% decline in agency sales revenue[14] - The large asset management service revenue was 276.61 million yuan, a decrease of 16.15% year-on-year, with property management revenue increasing by 9.93%[14] - Net profit for Q1 2023 was a loss of ¥11,109,417.26, compared to a loss of ¥26,348,018.31 in Q1 2022, indicating an improvement of 57.8%[26] Cash Flow - The net cash flow from operating activities increased by 544.42% to ¥49,322,922.84, compared to -¥11,098,276.32 in the previous year[5] - Cash flow from operating activities decreased by 39.34% to 214.05 million yuan, mainly due to a reduction in loan recoveries from financial services[13] - Total cash inflow from operating activities was ¥1,147,165,081.46, down 17.1% from ¥1,384,308,797.84 in the previous year[27] - Cash outflow from operating activities decreased to ¥1,097,842,158.62, a reduction of 21.4% compared to ¥1,395,407,074.16 in Q1 2022[27] - The net cash flow from investing activities was ¥8,056,842.81, an increase from ¥5,347,676.60 in the same period last year[28] - The net cash flow from financing activities was -¥226,856,518.66, worsening from -¥43,086,019.37 in the previous year, indicating higher cash outflows[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,358,841,802.77, down 5.75% from ¥6,746,445,068.33 at the end of the previous year[5] - Total current assets amount to ¥4,313,552,345.34, a decrease from ¥4,672,298,942.36 at the beginning of the year[22] - The total liabilities decreased to ¥2,947,911,796.99 in Q1 2023 from ¥3,307,959,014.87 in Q1 2022, a reduction of 10.9%[24] - The total equity attributable to shareholders of the parent company was ¥3,325,105,463.36, slightly down from ¥3,361,256,880.00 in the previous year[24] - The company’s contract liabilities increased to ¥77,721,113.41 in Q1 2023 from ¥54,407,921.64 in Q1 2022, an increase of 42.9%[24] Expenses - The company reported a significant reduction in financial expenses by 83.34%, from ¥2,524.58 million to ¥420.57 million, primarily due to decreased leasing financing costs[11] - The company reported a significant decrease in financial expenses, which were ¥4,205,678.94 in Q1 2023 compared to ¥25,245,796.24 in Q1 2022, a reduction of 83.4%[25] - Research and development expenses were ¥8,758,830.24 in Q1 2023, down from ¥12,209,291.76 in Q1 2022, reflecting a decrease of 28.9%[25] Shareholder Information - Total number of common shareholders at the end of the reporting period is 62,920[17] - The largest shareholder, Shijie Real Estate Consulting (China) Co., Ltd., holds 29.66% of shares, totaling 603,238,739 shares[17] Inventory and Borrowings - The company’s inventory increased by 43.91% to ¥2,060.41 million, attributed to higher performance costs from transaction service contracts[9] - Short-term borrowings rose by 106.25% to ¥33,000 million, reflecting an increase in bank short-term loans[9] - Short-term borrowings rose to ¥330,000,000.00 from ¥160,000,000.00[22] Other Information - The company has not disclosed any new product or technology developments in this report[20] - Basic and diluted earnings per share remained at -0.01 for both Q1 2023 and Q1 2022, indicating no change in per-share performance despite the losses[26] - The company did not conduct an audit for the Q1 2023 report[29]