掌趣科技(300315) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for the first quarter was CNY 245,831,843.11, a decrease of 25.29% compared to the same period last year[37]. - Total operating revenue for the first quarter was CNY 245,831,843.11, a decrease of 25.2% compared to CNY 329,037,333.38 in the previous year[40]. - Net profit for the period was CNY 79,145,679.08, an increase of 149.8% compared to CNY 31,701,778.23 in the same period last year[43]. - Net profit attributable to shareholders increased by 149.69% to CNY 79,145,679.08, compared to CNY 31,697,448.92 in the previous year[37]. - Basic earnings per share rose to CNY 0.03, a 200.00% increase from CNY 0.01 in the previous year[37]. Assets and Liabilities - The total assets amounted to approximately CNY 5.15 billion, a decrease from CNY 5.20 billion at the end of the previous year[12]. - Total assets at the end of the reporting period were CNY 5,148,371,565.17, a decrease of 1.06% from the end of the previous year[37]. - Total liabilities amounted to CNY 541,756,508.48, a decrease from CNY 634,603,610.58 in the previous year[40]. - Shareholders' equity attributable to the parent company increased by 0.82% to CNY 4,606,615,056.69 compared to CNY 4,569,015,644.91 at the end of the previous year[37]. - The company reported a decrease in accounts receivable from CNY 215,976,441.56 to CNY 178,360,707.57[29]. Cash Flow - The net cash flow from operating activities improved significantly to CNY 26,365,290.81, compared to a negative CNY 45,620,560.55 in the same quarter last year, representing a 157.79% increase[37]. - The cash inflow from operating activities for Q1 2023 was CNY 289,201,831.45, a decrease of 7.8% compared to CNY 313,635,939.39 in Q1 2022[60]. - The net cash outflow from operating activities improved to CNY 26,365,290.81, compared to a net outflow of CNY 45,620,560.55 in the same period last year[62]. - Cash received from other operating activities increased significantly to CNY 27,234,368.18, up from CNY 9,535,376.74 in Q1 2022, marking a growth of 185.5%[60]. - The total cash outflow from operating activities decreased to CNY 262,836,540.64, down 26.8% from CNY 359,256,499.94 in Q1 2022[62]. Expenses - Selling expenses decreased by 48% compared to the same period last year, primarily due to reduced marketing expenses[22]. - R&D expenses decreased by 35% compared to the same period last year, mainly due to a reduction in personnel from ongoing structural optimization[23]. - Total operating costs decreased by 37.7% to CNY 186,183,437.81 from CNY 298,919,281.93 year-on-year[40]. - Employee compensation payable decreased by 30% compared to the end of the previous year, mainly due to the payment of cross-period bonuses[19]. - Other current liabilities decreased by 47% compared to the end of the previous year, primarily due to a reduction in expected turnover tax[20]. Investment and Income - The company's trading financial assets increased by 98% compared to the end of the previous year, primarily due to new equity investments[16]. - Other receivables increased by 312% compared to the end of the previous year, mainly due to dividends from the invested enterprise Webzen Inc.[17]. - Investment income decreased by 37% year-on-year, primarily due to reduced earnings from long-term equity investments accounted for using the equity method[47]. - Fair value change income increased by 191% year-on-year, mainly due to an increase in the fair value of other non-current financial assets[48]. - Other operating income increased by 125% year-on-year, mainly due to an increase in compensation for infringement breaches received[50]. Cash and Equivalents - The company's cash and cash equivalents were impacted by exchange rate fluctuations, decreasing by 241% compared to the same period last year[2]. - Cash and cash equivalents at the end of the period stood at CNY 2,697,357,861.07, compared to CNY 2,393,788,132.62 at the end of Q1 2022, reflecting an increase of 12.7%[65]. - The cash inflow from investment activities totaled CNY 821,913.28, up from CNY 430,348.57 in Q1 2022, indicating a growth of 91%[62]. - The cash outflow for purchasing fixed assets and intangible assets was CNY 267,355.17, a significant decrease from CNY 8,708,119.10 in the previous year[62]. - The cash inflow from financing activities was CNY 500,000.00, compared to CNY 20,000.00 in Q1 2022, showing a substantial increase[62]. Other Information - The company has not identified any related party relationships among the top ten shareholders[26]. - The company has not disclosed any new product developments or market expansion strategies in the current report[30]. - The impact of exchange rate changes on cash and cash equivalents was a negative CNY 29,544,056.19, worsening from a negative CNY 8,663,997.27 in the previous year[62]. - Asset impairment losses increased by 100% year-on-year, mainly due to a decrease in the value of long-term equity investments following performance compensation received from invested enterprises[49]. - The weighted average return on net assets increased by 0.97 percentage points to 1.73%[37].