祖名股份(003030) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥324,913,851.05, a decrease of 3.65% compared to ¥337,212,031.79 in the same period last year[3] - Net profit attributable to shareholders increased by 20.33% to ¥9,339,344.14 from ¥7,761,312.29 year-on-year[3] - Basic and diluted earnings per share rose by 24.67% to ¥0.0748 from ¥0.06 in the same period last year[3] - The company reported a net profit excluding non-recurring gains and losses of ¥8,802,045.26, which is a 22.98% increase from ¥7,157,575.22 in the same period last year[3] - The net profit for Q1 2023 was CNY 8,699,693.73, an increase of 12.06% compared to CNY 7,761,312.29 in Q1 2022[18] - Operating profit for Q1 2023 reached CNY 11,824,824.14, up from CNY 9,840,703.43 in the same period last year, reflecting a growth of 20.06%[18] - The total profit before tax for Q1 2023 was CNY 11,844,547.72, compared to CNY 9,658,186.22 in the same period last year, reflecting a growth of 22.66%[18] Cash Flow and Investments - The net cash flow from operating activities improved significantly by 411.54%, reaching ¥28,471,039.59 compared to a negative cash flow of ¥9,138,782.42 in the previous year[5] - Cash flow from operating activities generated a net amount of CNY 28,471,039.59, a significant recovery from a negative cash flow of CNY -9,138,782.42 in Q1 2022[19] - The company incurred a total investment cash outflow of CNY 111,332,790.87, compared to CNY 36,276,303.83 in the previous year, indicating increased investment activities[19] - Financing activities generated a net cash flow of CNY 11,729,303.58, recovering from a negative cash flow of CNY -34,615,575.78 in Q1 2022[20] - The company reported a decrease in cash flow from investing activities, with a net cash outflow of CNY -111,292,280.87, compared to CNY -36,227,025.53 in Q1 2022[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,727,847,095.79, a decrease of 1.24% from ¥1,749,552,528.82 at the end of the previous year[3] - As of March 31, 2023, the company's total assets amounted to RMB 1,727,847,095.79, a decrease from RMB 1,749,552,528.82 at the beginning of the year[14] - The company's total liabilities decreased from RMB 712,716,656.44 to RMB 682,311,529.68, indicating a reduction of approximately 4.5%[15] - The company's cash and cash equivalents decreased from RMB 297,921,034.56 to RMB 227,258,387.34, a decline of approximately 23.6%[13] - Cash and cash equivalents at the end of Q1 2023 were CNY 226,008,140.07, down from CNY 384,394,069.05 at the end of Q1 2022[20] Operational Efficiency - The total operating costs decreased from RMB 327,868,356.32 to RMB 315,381,183.11, reflecting a reduction of approximately 3.5%[16] - Research and development expenses increased significantly from RMB 1,936,500.78 to RMB 3,439,743.63, marking an increase of about 77.5%[16] - The inventory balance as of March 31, 2023, was RMB 75,780,150.84, slightly down from RMB 77,837,519.67 at the beginning of the year, indicating a decrease of about 2.6%[13] - The company's retained earnings increased from RMB 352,876,816.56 to RMB 362,216,160.70, showing a growth of approximately 2.4%[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,363[6] Strategic Initiatives - The company has completed the termination of special accounts for raised funds, transferring a total of ¥129,712,500 to general accounts[9] - The company has approved the completion of two fundraising investment projects, reallocating surplus funds to supplement working capital permanently[8] - The company plans to establish a joint venture with Beijing Xiangxiang Unique Food Factory with a registered capital of RMB 120 million, where the company will contribute RMB 61 million, holding a 50.83% stake[10] - The company completed the registration of the Beijing joint venture on March 10, 2023, enhancing its market presence in the Beijing-Tianjin-Hebei region[11]