盛通股份(002599) - 2023 Q1 - 季度财报

I. Key Financial Data Core Financial Indicators In Q1 2023, the company reported CNY 596 million in operating revenue, a 16.27% increase, with net loss narrowing and operating cash flow significantly improving Q1 2023 Key Financial Indicators | Indicator | Current Period (CNY) | Prior Period (CNY) | YoY Change | | :--- | :--- | :--- | :--- | | Operating Revenue | 595,986,281.84 | 512,590,536.81 | 16.27% | | Net Profit Attributable to Owners of Parent Company | -24,380,267.50 | -24,814,105.35 | 1.75% | | Net Profit Attributable to Owners of Parent Company After Non-Recurring Items | -25,914,459.32 | -26,998,759.38 | 4.02% | | Net Cash Flow from Operating Activities | -11,625,571.03 | -40,604,709.13 | 71.37% | | Total Assets | 2,570,319,422.63 | 2,721,402,341.01 | -5.55% (vs. Year-End) | | Total Equity Attributable to Owners of Parent Company | 1,428,797,560.01 | 1,451,609,427.51 | -1.57% (vs. Year-End) | Analysis of Non-Recurring Gains and Losses During the period, total non-recurring gains and losses were CNY 1.53 million, primarily from government grants, partially offset by other non-operating items Q1 2023 Non-Recurring Gains and Losses Items | Item | Amount (CNY) | | :--- | :--- | | Gains/Losses on Disposal of Non-Current Assets | -15,820.79 | | Government Grants Included in Current Profit/Loss | 2,874,002.29 | | Other Non-Operating Income and Expenses | -686,186.38 | | Less: Income Tax Impact | 404,450.66 | | Less: Impact on Minority Interests (After Tax) | 233,352.64 | | Total | 1,534,191.82 | Reasons for Changes in Key Financial Indicators During the period, operating cash flow significantly improved due to increased sales collection, while investing and financing cash flows decreased due to specific activities, and certain liabilities also declined - Net cash flow from operating activities increased by 71.37% year-over-year, primarily due to increased cash received from sales of goods and rendering of services[8] - Net cash flow from investing activities decreased by 200.80% year-over-year, mainly because there was a recovery of external investments in the prior period, which was absent in the current period[8] - Net cash flow from financing activities decreased by 205.14% year-over-year, primarily due to the repayment of bank loans during the reporting period[8] - Short-term borrowings decreased by 63.18% and taxes payable decreased by 49.02% compared to the beginning of the period, mainly due to repayment of bank loans and tax payments[8] II. Shareholder Information Shareholding Status As of the period end, the company had 34,592 common shareholders, with the top two holding significant stakes, some pledged, and key shareholders acting in concert, indicating concentrated ownership - As of the end of the reporting period, the company had 34,592 common shareholders[10] Top Two Shareholders' Shareholding and Pledging Status | Shareholder Name | Shareholding Percentage | Number of Shares Held | Number of Pledged Shares | | :--- | :--- | :--- | :--- | | Li Yanqiu | 21.34% | 114,742,098 | 47,450,000 | | Jia Chunlin | 11.65% | 62,640,971 | 35,530,000 | - Shareholder Ms. Li Yanqiu and Mr. Jia Zicheng are mother and son, and are concerted parties with 'Yimi Fund Yuansheng No. 1'[11] IV. Quarterly Financial Statements Consolidated Balance Sheet Analysis As of March 31, 2023, total assets decreased by 5.55% to CNY 2.57 billion, and total liabilities decreased by 10.11% to CNY 1.14 billion, driven by reductions in cash, prepayments, and short-term borrowings Balance Sheet Key Item Changes | Item | Period-End Balance (CNY) | Year-Beginning Balance (CNY) | Change Rate | | :--- | :--- | :--- | :--- | | Total Assets | 2,570,319,422.63 | 2,721,402,341.01 | -5.55% | | Cash and Cash Equivalents | 204,519,569.35 | 274,191,684.44 | -25.41% | | Prepayments | 86,054,344.12 | 130,880,254.67 | -34.25% | | Total Liabilities | 1,140,306,950.43 | 1,268,605,603.81 | -10.11% | | Short-term Borrowings | 17,410,175.00 | 47,289,175.01 | -63.18% | | Equity Attributable to Owners of Parent Company | 1,428,797,560.01 | 1,451,609,427.51 | -1.57% | Consolidated Income Statement Analysis In Q1 2023, total operating revenue grew 16.27% to CNY 596 million, but increased costs led to an operating loss of CNY 24.98 million, with net loss attributable to the parent company slightly narrowing to CNY 24.38 million Income Statement Core Data | Item | Current Period Amount (CNY) | Prior Period Amount (CNY) | YoY Change | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 595,986,281.84 | 512,590,536.81 | 16.27% | | Total Operating Costs | 622,640,115.24 | 541,704,137.28 | 14.94% | | Operating Profit | -24,981,171.95 | -27,568,862.43 | 9.39% | | Total Profit | -25,667,358.33 | -27,628,207.17 | 7.09% | | Net Profit Attributable to Owners of Parent Company | -24,380,267.50 | -24,814,105.35 | 1.75% | Consolidated Cash Flow Statement Analysis During the period, operating cash flow significantly improved to -CNY 11.63 million, while investing activities resulted in a CNY 11.27 million outflow, and financing activities led to a CNY 47.53 million outflow due to debt repayment Cash Flow Statement Key Items | Item | Current Period Amount (CNY) | Prior Period Amount (CNY) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -11,625,571.03 | -40,604,709.13 | | Net Cash Flow from Investing Activities | -11,271,467.75 | 11,182,412.89 | | Net Cash Flow from Financing Activities | -47,532,999.51 | -15,577,613.13 | | Net Increase in Cash and Cash Equivalents | -70,915,196.61 | -45,065,151.21 | - Cash inflow from operating activities was CNY 584 million, primarily from cash received from sales of goods and rendering of services totaling CNY 572 million, a 24.09% year-over-year increase[19] - Cash outflow from financing activities was CNY 60.47 million, with CNY 39 million paid for debt repayment, which was the primary reason for the net cash outflow from financing activities[20]