嘉欣丝绸(002404) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥962,971,746.08, a decrease of 8.66% compared to ¥1,054,226,865.36 in the same period last year[5] - Net profit attributable to shareholders increased by 91.32% to ¥52,478,553.75 from ¥27,429,965.86 year-on-year[5] - Total operating revenue for Q1 2023 was CNY 964,859,372.29, a decrease of 8.6% compared to CNY 1,055,798,515.89 in the same period last year[19] - Net profit attributable to the parent company was CNY 52,478,553.75, up 91.1% from CNY 27,429,965.86 in Q1 2022[21] - Operating profit increased to CNY 72,307,117.17, compared to CNY 37,854,077.29 in the previous year, reflecting a growth of 91.0%[21] - The company achieved a gross profit margin of approximately 14.5% in Q1 2023, compared to 7.5% in Q1 2022[19] - The company reported a total comprehensive income of CNY 54,700,085.91, compared to CNY 29,873,681.21 in Q1 2022, indicating a growth of 83.2%[22] Cash Flow - The net cash flow from operating activities improved significantly, reaching ¥17,415,557.23, a 228.56% increase from -¥13,546,474.47 in the previous year[5] - The company reported a net cash flow from operating activities of CNY 17,415,557.23, a significant improvement from a net outflow of CNY 13,546,474.47 in the same quarter last year[22] - The net cash flow from financing activities surged by 2,710.02% to ¥290,193,972.85, primarily due to an increase in short-term borrowing[11] - The cash inflow from financing activities totaled 482,034,081.72 CNY, while cash outflow was 181,131,887.09 CNY, resulting in a net cash flow of 300,902,194.63 CNY from financing activities[23] - The cash flow from financing activities in the previous period was significantly lower at 10,708,221.78 CNY, highlighting a substantial increase in financing activities this quarter[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,663,497,006.80, reflecting a 5.90% increase from ¥3,459,411,718.42 at the end of the previous year[5] - Total assets increased to CNY 3,663,497,006.80, up from CNY 3,459,411,718.42 year-over-year[18] - Current assets reached CNY 2,686,769,733.35, up from CNY 2,489,553,147.49, indicating an increase of about 7.9%[16] - Total liabilities as of March 31, 2023, were CNY 1,554,616,388.68, up from CNY 1,408,651,186.21, reflecting an increase of approximately 10.4%[17] - Short-term borrowings increased significantly to CNY 1,036,925,108.55 from CNY 747,451,037.57, marking an increase of about 38.8%[17] Shareholder Information - The number of common shareholders at the end of the reporting period was 32,854, with the largest shareholder holding 19.67% of the shares[13] - The company has a share repurchase account holding 7,706,100 shares, representing 1.33% of the total share capital[14] - The largest shareholder, Zhou Guojian, has pledged 30,000,000 shares, which is part of the 113,644,600 shares he holds[13] Non-Recurring Items and Expenses - Non-recurring gains and losses totaled ¥16,678,419.29, with significant contributions from asset disposal gains and government subsidies[6] - The company experienced a 62.79% decrease in taxes and surcharges, amounting to a reduction of ¥2,651,793.84 compared to the previous year[10] - Research and development expenses remained stable at CNY 15,434,264.52, slightly down from CNY 15,881,170.79 in the previous year[19] Audit and Reporting - The company did not undergo an audit for the first quarter report, indicating that the figures are unaudited[24] - The report was issued by the board of directors on April 29, 2023, indicating the timeline of the financial disclosure[25] Investment Activities - The net cash flow from investment activities was -18,381,801.20 CNY, compared to 37,835,031.49 CNY in the previous period, indicating a significant decrease[23] - The company reported a total cash outflow from investment activities of 67,382,527.28 CNY, compared to 227,914,491.11 CNY in the previous period[23] - The cash flow from operating activities was not detailed in the provided data, suggesting a focus on investment and financing activities in this report[23] - The company has not reported any new product developments or market expansions in the current quarter[23] - There were no mentions of mergers or acquisitions in the current financial report[23]