Financial Performance - The company's operating revenue for Q1 2023 was ¥65,932,157.77, a decrease of 9.37% compared to ¥72,747,242.20 in the same period last year[5] - Net profit attributable to shareholders increased by 3.65% to ¥3,417,338.98 from ¥3,296,870.86 year-on-year[5] - Basic and diluted earnings per share decreased by 20.00% to ¥0.04 from ¥0.05 in the same period last year[5] - Total operating revenue for Q1 2023 was ¥65,932,157.77, a decrease of 9.9% compared to ¥72,747,242.20 in the same period last year[22] - Net profit for Q1 2023 was ¥3,417,338.98, up 3.7% from ¥3,296,870.86 in Q1 2022[23] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly, with a net outflow of ¥23,681,206.12, a 59.57% reduction from a net outflow of ¥58,577,565.68 in the previous year[11] - The company reported a net cash outflow from operating activities of ¥23,681,206.12, an improvement from a net outflow of ¥58,577,565.68 in the previous year[25] - The cash and cash equivalents decreased by 30.37% to ¥438,784,789.72 from ¥630,184,428.65 at the beginning of the year, primarily due to investments in financial products[11] - Total cash and cash equivalents at the end of the period were ¥438,784,789.72, down from ¥630,184,428.65 at the beginning of the period[27] - The cash flow from operating activities was not detailed in the provided content, indicating a focus on investment and financing activities[27] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥993,402,883.68, down 1.49% from ¥1,008,470,245.09 at the end of the previous year[5] - Total liabilities decreased to ¥65,296,039.51 from ¥83,093,401.38, a reduction of 21.5%[23] - Total current liabilities decreased from CNY 78,405,471.79 to CNY 61,205,430.61, a reduction of approximately 22.0%[19] Investment and Income - The company reported a significant increase in investment income, rising by 470.62% to ¥1,222,661.50 compared to ¥214,268.69 in the previous year[10] - The company recorded investment income of ¥1,222,661.50, significantly higher than ¥214,268.69 in the previous year[23] - The company had a total cash inflow from investment activities of ¥676,357,861.88, which was insufficient to cover the cash outflow[27] - The company reported a total cash outflow from investment activities of ¥842,062,535.22, which includes cash payments for fixed assets and investments[27] Shareholder Information - The total number of common shareholders at the end of the reporting period is 9,452[13] - Wang Yihua holds 25.40% of the shares, while Yan Hongbing holds 4.56%[14] Other Comprehensive Income - The company reported a significant decrease in other comprehensive income, down 89.28% to ¥82,544.35 due to foreign exchange translation adjustments[11] - Other comprehensive income after tax was reported at -¥687,338.52, compared to -¥197,363.26 in the same period last year[24] Operational Insights - The company has no new product or technology developments reported in the current quarter[17] - There are no significant market expansion or acquisition strategies mentioned in the report[17] - The company has not disclosed any new strategic initiatives in the current quarter[17] Asset Management - The company experienced a 135.49% increase in asset impairment losses, amounting to ¥-3,387,688.80, attributed to increased inventory write-downs[10] - Accounts receivable decreased from CNY 98,576,933.26 to CNY 95,077,033.03, a reduction of about 2.5%[18] - Inventory increased from CNY 144,992,282.00 to CNY 147,721,176.78, an increase of approximately 1.9%[19] Audit and Reliability - The company did not undergo an audit for the first quarter report, which may affect the reliability of the financial data presented[28]
荣信文化(301231) - 2023 Q1 - 季度财报