周大生(002867) - 2023 Q1 - 季度财报

Financial Performance - The company achieved a revenue of CNY 4.12 billion in Q1 2023, representing a 49.65% increase compared to CNY 2.75 billion in the same period last year[3]. - Net profit attributable to shareholders was CNY 365.40 million, up 26.06% from CNY 289.86 million year-on-year[3]. - The online (e-commerce) business generated CNY 521.35 million in revenue, marking an 85.72% increase year-on-year[6]. - The revenue from franchise business reached CNY 3.07 billion, a 48.91% increase year-on-year[6]. - Total revenue for Q1 2023 reached ¥4,121,905,067.55, a significant increase of 49.5% compared to ¥2,754,430,040.24 in Q1 2022[23]. - Net profit for Q1 2023 was ¥364,549,314.81, up 26.2% from ¥288,891,577.33 in the same period last year[24]. - Operating profit for the quarter was ¥471,514,561.69, compared to ¥372,780,240.03 in the previous year, representing a growth of 26.5%[24]. - The total operating costs for Q1 2023 were ¥3,634,512,455.94, up from ¥2,402,547,440.85, reflecting an increase of 51.3%[23]. Cash Flow and Liquidity - Cash flow from operating activities was CNY 691.10 million, reflecting a 4.05% increase compared to CNY 664.23 million in the same period last year[3]. - Cash received from sales of goods and services increased by 42.18% to approximately ¥4.84 billion, reflecting substantial growth in operating revenue and collections from accounts receivable[13]. - The total cash inflow from operating activities was CNY 4,885,603,156.15, an increase of 42.4% compared to CNY 3,442,305,797.28 in the previous period[25]. - The net cash flow from operating activities was CNY 691,102,918.85, slightly up from CNY 664,231,459.83 in the same period last year[25]. - The ending balance of cash and cash equivalents was CNY 2,260,291,120.47, up from CNY 1,700,625,274.69 in the previous year[26]. - The company reported a cash increase of CNY 524,883,265.37 during the period, compared to CNY 411,322,267.28 in the previous year[26]. Assets and Liabilities - The company’s total assets reached CNY 8,461,702,249.78, up from CNY 7,607,252,513.26, reflecting a growth of approximately 11.2%[20]. - The company’s total liabilities increased to CNY 3,200,000,000.00, compared to CNY 2,800,000,000.00, indicating a rise of about 14.3%[20]. - Total liabilities rose to ¥2,048,259,352.13, up from ¥1,558,360,107.01, marking an increase of 31.5%[22]. - The company’s equity attributable to shareholders reached ¥6,407,639,987.27, compared to ¥6,042,240,601.85, indicating a growth of 6.0%[22]. Operational Metrics - The number of stores increased by 133 to a total of 4,637, with 4,368 being franchise stores and 269 self-operated stores[8]. - The gross profit margin for gold products increased significantly, with sales of gold products reaching CNY 3.92 billion, a 124.06% increase year-on-year[6]. - The company plans to continue enhancing product research and development as well as marketing efforts to sustain growth in the gold product segment[6]. - The company plans to continue expanding its market presence and invest in new product development to drive future growth[19]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 28,893, with the largest shareholder holding 55.57% of the shares[14]. - The company’s share repurchase account held 10,452,372 shares, accounting for 0.95% of total shares outstanding[19]. - The company’s major shareholders include Shenzhen Zhou's Investment Co., Ltd., holding 609,018,750 shares, representing a significant portion of the equity[16]. Tax and Expenses - The company’s tax expenses rose by 60.57% to approximately ¥38.62 million, driven by increased business activities during the reporting period[12]. - The company reported a tax expense of ¥108,952,687.89 for the quarter, compared to ¥86,501,521.23 in the previous year, an increase of 25.9%[24]. - The company’s financial expenses increased by 118.77% to approximately ¥564 thousand, mainly due to higher interest on short-term loans and gold leasing costs[12].