Financial Performance - The company's revenue for Q1 2023 was CNY 567,095,084.67, a decrease of 1.13% compared to CNY 573,575,523.50 in the same period last year[5] - Net profit attributable to shareholders was CNY 50,797,667.32, down 6.63% from CNY 54,405,451.78 year-on-year[5] - The net profit after deducting non-recurring gains and losses was CNY 46,518,347.22, reflecting a decline of 10.78% compared to CNY 52,137,775.21 in the previous year[5] - Basic and diluted earnings per share were both CNY 0.2630, representing a decrease of 30.00% from CNY 0.3757 in the previous year[5] - Total operating revenue for the current period is ¥567,095,084.67, a decrease of 1.67% from ¥573,575,523.50 in the previous period[17] - Net profit for the current period is ¥50,720,088.47, down 7.99% from ¥54,595,550.05 in the previous period[19] - The company’s total comprehensive income for the current period is ¥51,065,809.62, down from ¥54,595,550.05 in the previous period[19] Cash Flow - The net cash flow from operating activities was CNY 39,316,592.74, a significant drop of 39.91% from CNY 65,434,407.67 in the same quarter last year[5] - Cash flow from operating activities generated a net amount of ¥39,316,592.74, down from ¥65,434,407.67 in the previous period[21] - The company reported a net cash outflow from investing activities of ¥107,061,552.54, worsening from a net outflow of ¥51,875,469.73 in the previous period[22] - The company experienced a net cash outflow from financing activities of ¥1,674,020.69, compared to a net outflow of ¥36,242,931.24 in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,665,404,635.53, down 2.70% from CNY 3,767,134,713.04 at the end of the previous year[5] - Total current assets decreased from CNY 2,464,045,584.37 at the beginning of the year to CNY 2,320,522,053.14[14] - Accounts receivable decreased from CNY 497,469,829.21 to CNY 452,700,875.44, a reduction of approximately 9.0%[14] - Inventory decreased from CNY 269,729,558.28 to CNY 240,434,519.18, a decline of about 10.9%[14] - Total liabilities decreased from CNY 1,046,950,598.65 to CNY 894,889,718.71, a reduction of approximately 14.6%[15] - Total equity increased from CNY 2,720,184,114.39 to CNY 2,770,514,916.82, an increase of about 1.8%[16] Shareholder Information - Total number of common shareholders at the end of the reporting period is 33,278[12] - The largest shareholder, Zhongrong Printing Group Co., Ltd., holds 42.00% of shares, totaling 81,112,500 shares[12] Other Financial Metrics - The weighted average return on equity was 1.87%, a decrease of 2.23% from 4.10% in the same period last year[5] - Financial expenses showed a significant decrease of 220.67%, resulting in a net income of CNY -3,260,601.13, attributed to increased interest income[10] - Other income increased by 74.08% to CNY 5,415,063.65, primarily due to subsidies received from being listed[10] Investments and Capital Expenditures - The company reported an increase in construction in progress by 83.75% to CNY 242,241,623.52, mainly due to the transfer of the Vietnam factory into construction in progress[10] - The company has ongoing investments in construction projects, with capital expenditures increasing from CNY 131,830,410.95 to CNY 242,241,623.52[15] Market Activity - The company has not reported any new product launches or significant market expansion strategies in this quarter[13]
中荣股份(301223) - 2023 Q1 - 季度财报