Financial Performance - The company's revenue for Q1 2023 was CNY 432,674,121.54, representing a 23.89% increase compared to CNY 349,243,240.46 in the same period last year[4] - Net profit attributable to shareholders was CNY 41,820,855.45, up 19.24% from CNY 35,072,792.35 year-on-year[4] - The net profit excluding non-recurring gains and losses increased by 32.42%, reaching CNY 41,154,740.97 compared to CNY 31,078,418.72 in the previous year[4] - The total operating revenue for Q1 2023 was CNY 432,674,121.54, representing an increase of 24% compared to CNY 349,243,240.46 in the same period last year[26] - The net profit for Q1 2023 was CNY 41,820,855.45, a 19.8% increase from CNY 35,072,792.35 in Q1 2022[27] - The company reported a total comprehensive income of CNY 41,770,330.02 for Q1 2023, compared to CNY 35,072,792.35 in the same period last year[27] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -187,925,788.95, a significant decline of 1,015.35% from CNY -16,849,017.30 in the same period last year[12] - The operating cash flow for Q1 2023 was negative at CNY -187,925,788.95, compared to CNY -16,849,017.30 in the previous year[29] - The company reported a decrease in cash received from sales of goods and services, totaling CNY 244,104,779.69, down from CNY 305,886,670.29 in Q1 2022[29] - Cash and cash equivalents at the end of the period totaled 1,058,479,370.15 CNY, down from 1,204,051,235.96 CNY at the beginning of the period[30] - The company reported a decrease in cash and cash equivalents of 145,571,865.81 CNY during the quarter[30] Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 2,862,773,588.52, a slight decrease of 0.41% from CNY 2,874,611,893.48 at the end of the previous year[4] - The total liabilities decreased to CNY 440,430,153.42 from CNY 504,144,510.06, reflecting a reduction of approximately 12.6%[23] - The company's fixed assets increased to CNY 488,384,394.24 from CNY 457,750,220.18, showing an increase of about 6.7%[23] - The company's cash and cash equivalents decreased to CNY 1,236,331,699.13 from CNY 1,418,207,407.54, reflecting a decline of approximately 12.8%[21] - Accounts receivable decreased to CNY 346,798,888.43 from CNY 436,759,585.89, indicating a reduction of about 20.6%[21] - Current liabilities decreased to CNY 384,501,641.12 from CNY 444,993,572.92, a decline of about 13.6%[23] Shareholder Information - The company reported a total of 52,646,818 shares held by BLACK RIVER FOOD 2 PTE. LTD., accounting for 12.53% of total shares[14] - The top 10 shareholders include Beijing Jingjufeng, which indirectly holds 22.56% of the company's shares through its ownership of Beijing Jingjufeng[15] - The company has a total of 94,764,543 restricted shares held by Beijing Jingjufeng, which will be released on March 2, 2026[17] - The company has 43,733,107 restricted shares held by Qingdao Haishi Innovation Equity Investment Fund, which will be released on September 2, 2023[17] - The company has 36,624,000 restricted shares held by Beijing Housheng Investment Management Center, which will also be released on September 2, 2023[17] - The company has 32,110,081 restricted shares held by Tibet Chengrongxin Venture Capital Management Partnership, with a release date of March 2, 2026[17] - The company has 17,136,000 restricted shares held by Inner Mongolia Yili Industrial Group, with a release date of September 2, 2025[17] - The company has 13,848,673 restricted shares held by Hangzhou Yongchuang Intelligent Equipment, with a release date of September 2, 2023[17] - The company has 11,607,639 restricted shares held by Shenzhen Lingxin Jishi Equity Investment Fund Management Partnership, with a release date of September 2, 2023[17] - The company has 7,774,753 restricted shares held by Qingdao Morning Capital Management, with a release date of September 2, 2023[17] Expenses and Investments - The company's management expenses rose by 121.66% to CNY 25,291,648.87, primarily due to the accrual of stock option expenses[10] - Research and development expenses for Q1 2023 were CNY 2,787,700.24, compared to CNY 2,391,471.69 in the same period last year, indicating an increase of 16.6%[26] - The company's investment income surged by 1,762.56% to CNY 462,700.51, attributed to increased foreign exchange gains[10] Corporate Developments - The company established a wholly-owned subsidiary, Shanghai Zhuli Enterprise Management Consulting Co., Ltd., with a registered capital of CNY 10 million on February 1, 2023[19] - A new wholly-owned subsidiary in Hong Kong, Jingfeng Holdings Limited, was established with a registered capital of HKD 1 on February 21, 2023[20] - The company approved a major asset purchase plan on January 27, 2023, indicating strategic growth initiatives[19] Earnings Per Share - The company's basic and diluted earnings per share remained unchanged at CNY 0.10[4] - The basic and diluted earnings per share remained stable at CNY 0.10 for both Q1 2023 and Q1 2022[27] Audit Information - The company did not undergo an audit for the first quarter report[31]
新巨丰(301296) - 2023 Q1 - 季度财报