若羽臣(003010) - 2023 Q1 - 季度财报

Revenue and Profitability - Revenue for Q1 2023 was CNY 282,670,941.40, a decrease of 0.60% compared to CNY 284,363,018.56 in the same period last year[5] - Net profit attributable to shareholders increased by 94.53% to CNY 6,878,378.02 from CNY 3,535,952.51 year-on-year[5] - Basic earnings per share increased by 94.83% to CNY 0.0565 from CNY 0.0290 in the same period last year[5] - Total operating revenue for Q1 2023 was CNY 282,670,941.40, a decrease of 0.24% from CNY 284,363,018.56 in Q1 2022[27] - Net profit for Q1 2023 reached CNY 6,878,378.02, an increase of 95.5% compared to CNY 3,509,369.19 in Q1 2022[28] - Earnings per share for Q1 2023 were CNY 0.0565, up from CNY 0.0290 in Q1 2022[28] Cash Flow and Financial Position - Net cash flow from operating activities rose by 76.11% to CNY 43,702,478.32, up from CNY 24,815,704.60 in the previous year[5] - Cash flow from operating activities for Q1 2023 was CNY 307,202,992.85, compared to CNY 328,514,354.24 in Q1 2022[29] - The net cash flow from operating activities for Q1 2023 was ¥43,702,478.32, an increase from ¥24,815,704.60 in Q1 2022, representing a growth of approximately 76.5%[30] - Total cash inflow from operating activities was ¥346,582,725.51, while cash outflow was ¥302,880,247.19, resulting in a net cash inflow of ¥43,702,478.32[30] - The cash flow from investment activities showed a net inflow of ¥8,193,154.99, compared to a net outflow of ¥9,658,521.73 in the previous year, indicating a significant recovery[30] - The total cash and cash equivalents at the end of Q1 2023 amounted to ¥395,196,574.79, up from ¥365,415,217.93 at the end of Q1 2022, reflecting an increase of approximately 8.2%[30] Assets and Liabilities - Total assets decreased by 2.63% to CNY 1,171,455,082.47 compared to CNY 1,203,039,166.46 at the end of the previous year[5] - Total liabilities decreased to CNY 89,877,518.36 in Q1 2023 from CNY 124,447,583.06 in Q1 2022, reflecting a significant reduction of 27.8%[26] - Accounts receivable decreased by 32.09% to CNY 80,745,787.61 from CNY 118,907,156.21[8] - Inventory has decreased from CNY 193,536,198.20 to CNY 177,199,565.95, reflecting a decline of about 8.5%[24] Shareholder Information and Equity - The top shareholder, Wang Yu, holds 28.11% of the shares, amounting to 34,207,048 shares, with 5,721,000 shares pledged[11] - The second-largest shareholder, Longzi Co., Ltd., owns 10.54% of the shares, totaling 12,823,100 shares[11] - The company reported a total of 6,084,982 shares held by major shareholders after a reduction of 1,235,454 shares, bringing their ownership below 5%[13] - The company’s total equity as of Q1 2023 was CNY 1,081,577,564.11, slightly up from CNY 1,078,591,583.40 in Q1 2022[26] Investment Activities - Investment activities generated a net cash flow of CNY 8,193,154.99, a significant improvement from a net outflow of CNY 9,658,521.73 in the previous year[8] - The company’s investment strategy includes participation in industry funds, reflecting a commitment to growth and expansion[14] - The company has established a partnership to invest in the "Meiling Huakai Fund" with a total subscribed capital of CNY 1 billion, where the company contributes CNY 10 million, accounting for 1%[15] Expenses and Cost Management - Sales expenses increased by 34.06% to CNY 64,189,164.73 from CNY 47,882,138.93[8] - Research and development expenses for Q1 2023 were CNY 6,798,235.41, down from CNY 9,555,961.29 in the previous year[27] - Payments to employees decreased to ¥37,119,783.21 from ¥47,990,708.48, showing a reduction of approximately 22.6%[30] Corporate Actions and Agreements - The company executed a share buyback, resulting in an increase of 183.83% in treasury shares to CNY 6,028,656.13 from CNY 2,124,050.13[8] - The company plans to repurchase shares with a budget of CNY 20 million to CNY 30 million, with a maximum repurchase price of CNY 23.83 per share[20] - As of the report date, the company has repurchased a total of 375,600 shares, accounting for 0.31% of the total issued shares, with a total transaction amount of CNY 6,215,581[22] - The company has signed a sponsorship agreement with Guotai Junan Securities for a non-public stock issuance, transferring ongoing supervision responsibilities from China International Capital Corporation[19] Miscellaneous - The company received a "High-tech Enterprise Certificate" valid for three years, affirming its technological capabilities and enhancing its competitive edge[18] - The company did not conduct an audit for the Q1 report, as indicated in the audit report section[31]