Financial Performance - The company achieved operating revenue of ¥114,992,530.58 in Q1 2023, representing a year-on-year increase of 9.36%[5] - Net profit attributable to shareholders reached ¥13,649,235.05, a significant increase of 225.42% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥13,111,903.84, up 20.52% year-on-year[5] - Total operating revenue for Q1 2023 was CNY 114,992,530.58, an increase of 9.4% compared to CNY 105,153,517.12 in Q1 2022[22] - Net profit for Q1 2023 reached CNY 13,648,250.68, representing a significant increase of 226.5% compared to CNY 4,175,886.96 in Q1 2022[23] - Basic and diluted earnings per share for Q1 2023 were both CNY 0.1895, compared to CNY 0.0582 in Q1 2022[24] Cash Flow - The company reported a net cash flow from operating activities of ¥4,912,570.75, a remarkable improvement of 4,871.17% from a loss in the previous year[5] - The net cash flow from operating activities was 4,912,570.75, a significant improvement from -102,963.63 in the previous period, indicating a positive operational performance[25] - Cash inflow from operating activities totaled 119,621,840.22, up from 98,596,515.29, reflecting a growth of approximately 21.3%[25] - Cash outflow from operating activities increased to 114,709,269.47 from 98,699,478.92, representing a rise of about 16.2%[25] - The net cash flow from investing activities was -59,578,764.07, an improvement from -125,517,065.12, showing a reduced cash burn in investments[26] - Cash inflow from investing activities reached 70,846,434.92, compared to 6,328,048.51 in the previous period, marking a substantial increase[26] - The net cash flow from financing activities was 4,676,752.46, with cash inflow from financing activities at 5,569,464.02[26] - The ending cash and cash equivalents balance was 235,185,922.94, significantly higher than 73,541,109.23 from the previous period, reflecting improved liquidity[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥740,847,878.97, a decrease of 0.91% from the end of the previous year[5] - Total assets as of the end of Q1 2023 were CNY 740,847,878.97, a decrease from CNY 747,669,331.43 at the end of Q4 2022[21] - Total liabilities decreased to CNY 113,255,033.90 in Q1 2023 from CNY 143,727,789.70 in Q4 2022, reflecting a reduction of 21.2%[21] - The company's equity attributable to shareholders increased to CNY 626,920,035.72 in Q1 2023, up from CNY 603,267,748.01 in Q4 2022[21] Shareholder Information - Total number of common shareholders at the end of the reporting period is 8,705[14] - The largest shareholder, Lu Jinbo, holds 24.24% of shares, totaling 17,626,450 shares[14] - Zhejiang Bona Film Group holds 6.88% of shares, amounting to 5,000,000 shares[14] - The total number of restricted shares at the end of the period is 17,907,700, with 375,000 shares newly restricted[17] - The company plans to release some restricted shares in August 2024[17] - The company has no related party or concerted action among the top shareholders[15] Operational Highlights - The gross profit margin increased from 49.38% in 2022 to 50.06% in Q1 2023[10] - The company's 2C revenue proportion rose to 24% in Q1 2023, up from 18% in 2022[10] - The company launched several successful new products, including the comic adaptation of "The Three-Body Problem," which sold nearly ¥8 million in a little over a month[9] - The company is actively exploring the application of AI technology in proofreading and creative processes, aiming to enhance efficiency and create a second growth curve[10] Expenses and Impairments - Total operating costs for Q1 2023 were CNY 95,557,576.68, up 7.3% from CNY 88,607,111.95 in the same period last year[22] - Research and development expenses for Q1 2023 were CNY 2,478,617.73, slightly down from CNY 2,600,638.10 in Q1 2022[22] - The company reported an investment income of CNY 1,131,635.88 for Q1 2023, compared to CNY 1,433,647.00 in the previous year[22] - The company experienced a net impairment loss of CNY 5,081,847.83 in Q1 2023, compared to CNY 4,908,831.02 in Q1 2022[23] Current Assets - Total current assets at the end of the reporting period is 656,452,988.14 CNY, a slight decrease from 661,242,060.86 CNY at the beginning of the year[19] - Cash and cash equivalents decreased from 285,177,751.25 CNY to 235,185,922.94 CNY[19] - Trade receivables increased from 81,766,314.24 CNY to 83,091,888.15 CNY[19] - Inventory increased from 108,618,866.02 CNY to 110,829,772.13 CNY[19]
果麦文化(301052) - 2023 Q1 - 季度财报