Financial Performance - The company's operating revenue for Q1 2023 was CNY 863,307,083.80, representing a 6.78% increase compared to CNY 808,520,247.30 in the same period last year[3]. - Net profit attributable to shareholders for Q1 2023 was CNY 158,265,044.32, an increase of 8.41% from CNY 145,983,362.57 in the previous year[3]. - Basic earnings per share for Q1 2023 was CNY 0.37, up 8.82% from CNY 0.34 in the previous year[3]. - Operating profit for Q1 2023 was CNY 180,180,592.57, slightly up from CNY 175,602,958.53 in Q1 2022, showing a growth of 3.3%[24]. - The total comprehensive income for Q1 2023 was CNY 155,015,286.18, compared to CNY 145,416,665.70 in the same period last year, reflecting an increase of 6.5%[24]. Cash Flow - The net cash flow from operating activities was negative CNY 196,770,597.63, a decline of 17.70% compared to negative CNY 167,176,118.31 in the same period last year[3]. - Cash received from operating activities in Q1 2023 was RMB 10.22 million, a decrease of RMB 9.76 million or approximately 48.84% year-on-year, mainly due to reduced government rewards[13]. - Cash recovered from investments in Q1 2023 was RMB 1,049.62 million, a decrease of RMB 1,085.53 million or approximately 50.84% year-on-year, due to fewer redeemed entrusted financial products[14]. - The cash inflow from operating activities amounted to CNY 956,511,167.50, an increase from CNY 902,621,356.45 in the previous period, representing a growth of approximately 5.9%[26]. - The net increase in cash and cash equivalents was CNY -835,818,274.37, compared to CNY -470,413,700.13 in the previous period, indicating a significant decline[27]. Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 6,451,518,702.11, a decrease of 3.98% from CNY 6,718,716,893.90 at the end of the previous year[3]. - Total liabilities decreased to CNY 695,217,759.77 from CNY 1,116,941,237.73, indicating a reduction of approximately 37.8%[21]. - The company's total equity increased to CNY 5,756,300,942.34 from CNY 5,601,775,656.17, reflecting a growth of 2.8%[21]. - The total current assets decreased from RMB 5,715,032,617.35 to RMB 5,378,838,491.62, reflecting a decline of approximately 5.9%[19]. - The company's cash and cash equivalents decreased by 36.17% to CNY 1,604,874,427.05 from CNY 2,514,295,715.26 at the beginning of the year[7]. Expenses and Impairments - The company's financial expenses (net) for Q1 2023 were negative CNY 6,835,097.24, a 90.03% increase in expenses compared to negative CNY 3,596,862.21 in the previous year[10]. - Research and development expenses increased to CNY 33,955,217.71 from CNY 30,996,691.98, marking an increase of 6.4%[22]. - The total cost of operations rose to CNY 718,760,135.76, compared to CNY 663,419,657.64 in the previous year, an increase of 8.3%[22]. - Credit impairment losses in Q1 2023 were RMB 2.74 million, an increase of RMB 5.71 million or approximately 192.31% year-on-year, due to net provisions for receivables impairment[11]. - Asset impairment losses in Q1 2023 amounted to RMB 4.31 million, an increase of RMB 7.36 million or approximately 241.66% year-on-year, mainly due to net provisions for inventory impairment[11]. Investment Income - Investment income for Q1 2023 was CNY 5,688,720.31, a decrease of 73.62% from CNY 21,560,870.17 in the same period last year[10]. - The company reported a significant increase of 1,581.50% in fair value changes, amounting to CNY 31,451,953.37 compared to CNY 1,870,466.34 in the previous year[10]. - In Q1 2023, investment income was RMB 5.69 million, a decrease of RMB 15.87 million or approximately 73.62% year-on-year, mainly due to fewer redeemed entrusted financial products[11]. - Fair value changes in Q1 2023 resulted in a gain of RMB 31.45 million, an increase of RMB 29.58 million year-on-year, primarily from the fair value changes of held trading financial assets[11]. - The company reported a cash inflow of CNY 10,059,178.94 from investment income, which decreased from CNY 22,610,436.58 in the previous period, representing a decline of approximately 55.6%[27]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 40,544[15]. - The company reported a cash dividend of RMB 8.00 per 10 shares, totaling an estimated cash distribution of RMB 338,880,000 based on a total share capital of 423,600,000 shares[17]. - The company plans to implement a 2023 restricted stock incentive plan to attract and retain talent, pending shareholder approval[17].
贝泰妮(300957) - 2023 Q1 - 季度财报