Goldcard(SZ:300349)2023-04-24 16:00Revenue and Profit Growth - Revenue for the first quarter of 2023 was RMB 638.92 million, a year-on-year increase of 15.85%[6] - Revenue for Q1 2023 increased by 15.85% to 6.39 billion RMB compared to 5.52 billion RMB in Q1 2022, driven by sales growth[23] - Total revenue for the quarter was RMB 638,917,528.07, an increase from RMB 551,523,599.97 in the same period last year[32] - Net profit attributable to shareholders of the listed company was RMB 81.09 million, a year-on-year increase of 390.00%[6] - Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was RMB 62.84 million, a year-on-year increase of 36.33%[6] - Net profit attributable to parent company owners reached 81.09 million RMB, up significantly from 16.55 million RMB in Q1 2022[29] Earnings Per Share and Return on Equity - Basic earnings per share were RMB 0.20, a year-on-year increase of 400.00%[5] - Diluted earnings per share were RMB 0.20, a year-on-year increase of 400.00%[5] - Basic and diluted earnings per share for Q1 2023 were 0.20 RMB, compared to 0.04 RMB in the same period last year[29] - Weighted average return on equity was 2.05%, an increase of 1.60 percentage points year-on-year[5] Assets and Liabilities - Total assets at the end of the reporting period were RMB 5.99 billion, a decrease of 0.89% compared to the end of the previous year[5] - Equity attributable to shareholders of the listed company at the end of the reporting period was RMB 3.98 billion, an increase of 1.70% compared to the end of the previous year[5] - Total liabilities decreased to RMB 1,987,076,833.44 from RMB 2,110,121,243.00 in the previous period[31] - Total equity increased to RMB 4,005,631,635.15 from RMB 3,936,349,732.07 in the previous period[31] - Short-term borrowings decreased to RMB 42,030,698.00 from RMB 40,019,250.00 in the previous period[36] - Accounts payable decreased to RMB 826,675,486.33 from RMB 1,006,624,562.31 in the previous period[36] Cash Flow and Investments - Cash and cash equivalents at the end of the reporting period were RMB 597.40 million, an increase of RMB 57.31 million compared to the beginning of the period[1] - Other current assets increased by 37.73% to 574,466,860.53 yuan due to adjustments in large certificates of deposit maturing within one year[14] - Long-term borrowing increased by 32.39% to 299,353,194.62 yuan due to increased project loans from banks[14] - Cash received from tax refunds was 10,238,760.43 yuan, a significant increase from the previous year due to VAT refunds[15] - Cash received from investment recovery surged by 312.88% to 330,300,733.67 yuan due to higher redemption amounts from matured financial products[15] - Cash paid for the construction of fixed assets, intangible assets, and other long-term assets increased by 98.06% to 94,665,233.59 yuan due to higher expenditures on the JinKa Eco-Tech Industrial Park and JinKa IoT Industrial Park[15] - Cash paid for investments skyrocketed by 1800.00% to 57,000,000.00 yuan due to increased purchases of financial products[15] - Cash received from borrowing increased by 203.65% to 75,911,448.00 yuan due to higher bank loans[15] - Operating cash flow from sales of goods and services received was RMB 499,010,554.69, an increase from RMB 460,292,909.22 in the previous period[30] - Total operating cash inflow was RMB 543,255,307.25, compared to RMB 492,002,800.05 in the previous period[30] - Operating cash outflow was RMB 720,858,902.54, up from RMB 669,955,496.01 in the previous period[30] - Net cash flow from operating activities was negative RMB 177,603,595.29, slightly improved from negative RMB 177,952,695.96 in the previous period[30] Shareholder Information and Share Repurchase - The total number of common shareholders at the end of the reporting period was 14,035[17] - The largest shareholder, Zhejiang JinKa High-Tech Engineering Co., Ltd., holds 21.54% of the shares, amounting to 92,399,448 shares[17] - The company repurchased 13,962,012 shares, accounting for 3.25% of the total shares[18] - The company repurchased 5.71 million shares, representing 1.33% of total shares, with a total expenditure of 57.72 million RMB[25] - As of March 24, 2023, the company held 13.96 million shares in its stock repurchase account, accounting for 3.25% of total shares[25] - In 2022, the company granted 5.71 million restricted shares to 125 incentive recipients at a price of 5.20 RMB per share[26] Non-Recurring Items and Tax Expenses - Non-recurring gains and losses amounted to RMB 18.25 million, mainly due to changes in the fair value of funds held by the company[12] - Tax and surcharges rose by 39.00% to 49.00 million RMB due to increased urban construction and education surcharges[23] - Fair value change income surged by 113.91% to 6.25 million RMB, primarily due to changes in fund fair value[23] - Credit impairment losses increased by 34.29% to -9.18 million RMB, mainly due to higher bad debt provisions[23] - Income tax expenses soared by 362.25% to 114.76 million RMB, reflecting higher profits[23] Operating Costs and Expenses - Total operating costs were RMB 573,110,585.39, up from RMB 512,169,011.58 in the previous period[32]