二六三(002467) - 2023 Q1 - 季度财报

Company Basic Information This section provides essential company identification details, confirms board and management assurance of report accuracy, and states its unaudited status Important Notice This section discloses company identification, confirms board and management assurance of report accuracy, and states its unaudited status - Stock Code: 002467, Stock Abbreviation: 263, Announcement No.: 2023-022[10] - The Board of Directors, Supervisory Board, and all Directors, Supervisors, and Senior Management guarantee the truthfulness, accuracy, and completeness of the quarterly report[28] - The company's principal, the person in charge of accounting, and the head of the accounting department declare to guarantee the truthfulness, accuracy, and completeness of the financial information[11] - This first quarterly report is unaudited[39][47] I. Key Financial Data This section presents the company's Q1 2023 financial performance, key accounting data, non-recurring items, and change explanations Key Accounting Data and Financial Indicators Q1 2023 operating revenue decreased 5.18%, net profit fell 44.72%, and operating cash flow significantly increased 485.74% Comparison of Key Financial Data for Q1 2023 | Item | Current Period Amount (CNY) | Prior Year Same Period Amount (CNY) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 209,355,011.81 | 220,783,591.71 | -5.18% | | Net Profit Attributable to Shareholders of Listed Company | 19,832,968.43 | 35,877,582.85 | -44.72% | | Net Profit Attributable to Shareholders of Listed Company (Excluding Non-Recurring Gains/Losses) | 8,837,573.88 | 11,699,400.90 | -24.46% | | Net Cash Flow from Operating Activities | 20,051,973.68 | -5,198,258.74 | 485.74% | | Basic Earnings Per Share (CNY/share) | 0.01 | 0.03 | -66.67% | | Diluted Earnings Per Share (CNY/share) | 0.01 | 0.03 | -66.67% | | Weighted Average Return on Net Assets | 0.87% | 1.61% | -0.74% | | Item | Amount at End of Current Period (CNY) | Amount at End of Prior Year (CNY) | Period-End vs. Prior Year-End Change (%) | | Total Assets | 2,795,753,453.75 | 2,789,909,587.29 | 0.21% | | Total Equity Attributable to Shareholders of Listed Company | 2,281,936,144.17 | 2,260,381,289.87 | 0.95% | Non-Recurring Gains and Losses Items and Amounts Non-recurring gains and losses impacted net profit by CNY 10.9954 million, mainly from wealth management, fair value changes, and government subsidies - Non-recurring gains and losses impacted the company's net profit by CNY 10.9954 million[41] - This was primarily due to the combined effect of group wealth management products, fair value changes in trading equity instrument investments, and recognized government subsidies[41] Non-Recurring Gains and Losses Items and Amounts | Item | Current Period Amount (CNY) | | :--- | :--- | | Gains/Losses on Disposal of Non-Current Assets | -207,871.13 | | Government Grants Included in Current Profit/Loss | 3,729,161.46 | | Gains/Losses from Fair Value Changes and Investment Income | 9,595,271.73 | | Reversal of Impairment Provisions for Receivables Subject to Separate Impairment Testing | 129,322.61 | | Other Non-Operating Income and Expenses | 32,503.00 | | Less: Income Tax Impact | 2,282,993.12 | | Total | 10,995,394.55 | Changes and Reasons for Key Accounting Data and Financial Indicators Net profit decreased 44.72% due to higher income tax and reduced cloud communication, while operating cash flow increased 485.74% from business inflows and lower employee payments - Net profit attributable to shareholders of the listed company decreased by 44.72% compared to the same period last year[5] - One reason for the net profit decline is the increase in the group's income tax expense in the current period compared to the same period last year, primarily because the group completed an internal equity structure change in the prior year, recognizing related income tax impacts, with no such impact in the current period[14] - Another reason for the net profit decline is the reduced customer demand for remote work in the current period, leading to a decrease in cloud communication business volume and revenue[36] - Net cash flow from operating activities increased by 485.74% in the current period compared to the same period last year[21] - The increase in net cash flow is primarily due to increased cash inflows from enterprise meeting and live streaming businesses in the current period compared to the same period last year[30] - The increase in net cash flow also benefited from reduced cash paid to and for employees in the current period due to staff reduction and efficiency improvements compared to the same period last year[42] - Various taxes and fees paid in the current period decreased compared to the same period last year[5] II. Shareholder Information This section details common shareholder count, top ten common shareholders' holdings, and confirms the absence of preferred shareholders Total Number of Common Shareholders, Preferred Shareholders with Restored Voting Rights, and Top Ten Shareholders' Holdings The company had 148,968 common shareholders, with Li Xiaolong as the largest at 16.18%, and Zheng Kai increased holdings via margin trading and ordinary accounts - Total number of common shareholders at the end of the reporting period: 148,968 accounts[31] Top 10 Common Shareholders' Holdings | Shareholder Name | Shareholder Nature | Shareholding Ratio (%) | Number of Shares Held (shares) | Number of Restricted Shares Held (shares) | | :--- | :--- | :--- | :--- | :--- | | Li Xiaolong | Domestic Natural Person | 16.18% | 224,140,264.00 | 0.00 | | Chen Chen | Domestic Natural Person | 1.78% | 24,700,000.00 | 0.00 | | Hong Kong Securities Clearing Company Limited | Overseas Legal Person | 1.42% | 19,734,596.00 | 0.00 | | Zhang Tong | Domestic Natural Person | 0.98% | 13,600,000.00 | 0.00 | | Huang Mingsheng | Domestic Natural Person | 0.86% | 11,973,923.00 | 0.00 | | Li Yujie | Domestic Natural Person | 0.44% | 6,033,838.00 | 4,525,378.00 | | Xin Weimin | Domestic Natural Person | 0.38% | 5,220,551.00 | 3,915,413.00 | | Lu Bing | Domestic Natural Person | 0.35% | 4,900,325.00 | 0.00 | | Huatai Securities Co., Ltd. | State-owned Legal Person | 0.34% | 4,685,777.00 | 0.00 | | Lin Xianghua | Domestic Natural Person | 0.28% | 3,826,200.00 | 0.00 | - Among the top 10 unrestricted shareholders, Mr. Zheng Kai increased his holdings by 138,800 shares through margin trading and 87,600 shares through ordinary securities accounts in the current period, holding 3,786,400 shares at period-end[22][44] Total Number of Preferred Shareholders and Top 10 Preferred Shareholders' Holdings The company had no preferred shareholders at the end of the reporting period - The company has no preferred shareholders[32][23] III. Other Significant Matters This section indicates that no other significant matters were disclosed in the report - No specific content regarding other significant matters was disclosed in the report IV. Quarterly Financial Statements This section presents the company's Q1 2023 consolidated balance sheet, income statement, and cash flow statement, confirming the report is unaudited Financial Statements This section details the company's Q1 2023 consolidated balance sheet, income statement, and cash flow statement, reflecting its financial position, results, and cash flows 1. Consolidated Balance Sheet As of March 31, 2023, total assets were CNY 2.796 billion, liabilities CNY 407 million, and total equity CNY 2.389 billion Consolidated Balance Sheet (Summary) | Item | Period-End Balance (CNY) | Year-Beginning Balance (CNY) | | :--- | :--- | :--- | | Assets | | | | Cash and Cash Equivalents | 363,447,039.84 | 250,912,248.54 | | Financial Assets Held for Trading | 676,496,076.92 | 735,079,395.98 | | Accounts Receivable | 54,624,325.38 | 62,481,544.50 | | Total Current Assets | 1,227,566,411.06 | 1,255,326,399.61 | | Long-Term Equity Investments | 303,614,140.35 | 303,576,379.41 | | Goodwill | 776,078,063.38 | 776,604,759.64 | | Total Non-Current Assets | 1,568,187,042.69 | 1,548,309,533.95 | | Total Assets | 2,795,753,453.75 | 2,803,635,933.56 | | Liabilities | | | | Contract Liabilities | 160,879,524.85 | 163,095,038.49 | | Total Current Liabilities | 340,475,522.46 | 368,703,589.32 | | Total Non-Current Liabilities | 66,414,603.41 | 70,147,364.31 | | Total Liabilities | 406,890,125.87 | 438,850,953.63 | | Owners' Equity | | | | Total Equity Attributable to Parent Company Owners | 2,281,936,144.17 | 2,260,381,289.87 | | Minority Interests | 106,927,183.71 | 104,403,690.06 | | Total Owners' Equity | 2,388,863,327.88 | 2,364,784,979.93 | 2. Consolidated Income Statement Q1 total operating revenue was CNY 209 million (down 5.18% YoY), and net profit attributable to parent owners was CNY 19.83 million (down 44.72% YoY) Consolidated Income Statement (Summary) | Item | Current Period Amount (CNY) | Prior Period Amount (CNY) | | :--- | :--- | :--- | | Total Operating Revenue | 209,355,011.81 | 220,783,591.71 | | Total Operating Costs | 200,512,800.30 | 206,194,486.09 | | Selling Expenses | 27,583,964.35 | 31,047,193.57 | | Administrative Expenses | 37,625,926.42 | 33,469,628.99 | | R&D Expenses | 25,329,978.07 | 30,820,590.95 | | Financial Expenses | -796,252.60 | 184,621.56 | | Investment Income | 10,349,231.28 | 32,670,086.62 | | Gains/Losses from Fair Value Changes | 2,283,801.39 | -19,167,348.64 | | Operating Profit | 21,322,654.42 | 27,926,763.00 | | Total Profit | 24,683,248.42 | 28,639,143.12 | | Income Tax Expense | 2,355,452.81 | -9,333,395.86 | | Net Profit | 22,327,795.61 | 37,972,538.98 | | Net Profit Attributable to Parent Company Owners | 19,832,968.43 | 35,877,582.85 | | Basic Earnings Per Share | 0.01 | 0.03 | - Total operating revenue decreased by 5.18% year-on-year[18] - Net profit attributable to parent company owners decreased by 44.72% year-on-year[35] - Gains/losses from fair value changes shifted from a CNY 19.16 million loss in the prior period to a CNY 2.28 million gain in the current period[35] - Investment income significantly decreased year-on-year, from CNY 32.67 million in the prior period to CNY 10.35 million in the current period[35] 3. Consolidated Cash Flow Statement Net cash flow from operating activities was CNY 20.05 million (up 485.74% YoY), and investing activities generated CNY 97.74 million, a significant improvement Consolidated Cash Flow Statement (Summary) | Item | Current Period Amount (CNY) | Prior Period Amount (CNY) | | :--- | :--- | :--- | | Subtotal Cash Inflows from Operating Activities | 232,599,659.96 | 223,960,143.20 | | Subtotal Cash Outflows from Operating Activities | 212,547,686.28 | 229,158,401.94 | | Net Cash Flow from Operating Activities | 20,051,973.68 | -5,198,258.74 | | Subtotal Cash Inflows from Investing Activities | 1,876,650,149.12 | 542,960,804.81 | | Subtotal Cash Outflows from Investing Activities | 1,778,908,081.63 | 560,190,891.20 | | Net Cash Flow from Investing Activities | 97,742,067.49 | -17,230,086.39 | | Net Cash Flow from Financing Activities | -4,246,234.67 | -3,987,636.10 | | Net Increase in Cash and Cash Equivalents | 112,619,599.11 | -27,033,388.85 | | Cash and Cash Equivalents at Period-End | 357,107,992.92 | 280,038,464.82 | - Net cash flow from operating activities turned from negative in the prior year to positive, increasing significantly by 485.74%[47][12] - Net cash flow from investing activities shifted from a net outflow in the prior year to a net inflow in the current period, primarily due to a significant increase in cash received from investment recovery[47] Audit Report The company explicitly states that its 2023 first quarterly report is unaudited - The company's first quarterly report is unaudited[39][47] Report Signature This section confirms the report's signing by the Board of Directors of 263 Network Communications Co., Ltd. on April 29, 2023 - The report is signed by the Board of Directors of 263 Network Communications Co., Ltd[26] - The signing date is April 29, 2023[48]