HCLC(SZ:002344)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥298,539,316.27, a decrease of 10.31% compared to ¥332,843,859.60 in the same period last year[5] - Net profit attributable to shareholders was ¥122,722,301.36, down 14.36% from ¥143,305,308.49 year-on-year[5] - The net profit excluding non-recurring gains and losses increased by 29.17% to ¥103,628,178.39 from ¥80,227,490.36 in the previous year[5] - Total revenue for Q1 2023 was CNY 317,953,071.51, a decrease of 9.85% from CNY 352,844,104.51 in Q1 2022[18] - Operating income was CNY 298,539,316.27, down 10.30% from CNY 332,843,859.60 in the previous year[18] - Net profit for Q1 2023 was CNY 134,215,066.87, a decline of 9.32% from CNY 148,034,156.49 in the same period last year[19] - The total comprehensive income for the period was 134,215,066.87 CNY, compared to 148,034,156.49 CNY in Q1 2022[20] - The company's basic and diluted earnings per share were both 0.10 CNY, down from 0.12 CNY in Q1 2022[20] Cash Flow and Assets - The net cash flow from operating activities surged by 208.02% to ¥115,446,035.47, compared to a negative cash flow of -¥106,875,014.48 in the same period last year[5] - Cash inflow from operating activities totaled 1,135,446,513.16 CNY, a decrease from 1,307,701,300.81 CNY in the previous year[22] - The net cash flow from operating activities was 115,446,035.47 CNY, a significant improvement from a negative 106,875,014.48 CNY in Q1 2022[22] - The company's cash and cash equivalents increased to CNY 2,496,822,036.98 from CNY 1,909,744,299.97, reflecting a growth of 30.67%[16] - The company recorded cash and cash equivalents of 1,494,737,968.93 CNY at the end of Q1 2023, up from 1,123,249,957.41 CNY at the end of Q1 2022[23] - Total cash outflow from investing activities was 436,096,598.35 CNY, compared to 1,107,058,645.36 CNY in the previous year[22] Investments and Expenses - Research and development expenses rose by 39.51% to ¥370,460.00, attributed to increased spending on commissioned research[9] - Investment income increased by 104.29% to ¥3,577,190.00, driven by higher returns from investments in joint ventures[9] - The net cash flow from investing activities improved by 81.92%, amounting to an increase of ¥24,641,000.00 compared to the previous year[9] Shareholder Information - The total number of common shareholders at the end of the reporting period is 34,136[10] - The largest shareholder, Haining Asset Management Company, holds 34.58% of shares, totaling 443,581,267 shares[10] - The second-largest shareholder, Haining Market Development Service Center, holds 18.36% of shares, totaling 235,538,800 shares[10] - The company has a total of 12,508,691 shares held by Yunnan International Trust under a specific trust plan[11] - The report indicates that there are no preferred shareholders as of the reporting date[12] - The company has a significant number of shares held by individual shareholders, with the largest individual shareholder holding 7,172,870 shares through a credit trading account[11] Project Developments - The company has not made significant progress on the Moscow China Haining Leather City project, with no formal cooperation agreement signed yet[12] - A strategic cooperation framework agreement was signed with Blue City Real Estate Management Group and Haining Industrial Investment Group, but there has been no further progress on the project[13] - The company plans to adjust the Chengdu Haining Leather City Phase II project to a comprehensive cultural and tourism project, with development already underway[13] Liabilities and Equity - Total assets at the end of the reporting period reached ¥14,596,095,668.53, reflecting a growth of 5.79% from ¥13,797,374,203.37 at the end of the previous year[5] - Total liabilities increased to CNY 5,990,518,065.31 from CNY 5,326,011,667.02, reflecting a rise of 12.45%[17] - The company's retained earnings rose to CNY 5,012,252,219.86 from CNY 4,889,529,918.50, an increase of 2.51%[17]