H.X.C.(000936)2024-05-13 11:11Financial Performance - The company's operating revenue for Q1 2023 was ¥673,285,142.37, a slight increase of 0.32% compared to ¥671,123,046.63 in the same period last year[4] - Net profit attributable to shareholders increased by 14.81% to ¥22,172,234.53 from ¥19,312,322.07 year-on-year[4] - Basic and diluted earnings per share both rose by 50.00% to ¥0.03 from ¥0.02 in the same period last year[4] - Net profit for Q1 2023 was CNY 22,172,234.53, a decrease of 10.49% from CNY 24,780,048.01 in Q1 2022[19] - Earnings per share for Q1 2023 were CNY 0.03, compared to CNY 0.02 in the previous year, reflecting a 50% increase[20] Cash Flow - The net cash flow from operating activities improved by 18.74%, reaching -¥156,012,177.82 compared to -¥191,999,860.46 in the previous year[4] - Cash flow from operating activities showed a net outflow of CNY 156,012,177.82, an improvement from a net outflow of CNY 191,999,860.46 in the same period last year[21] - The net cash flow from financing activities increased by 142.69% compared to the previous year, due to reduced cash payments related to financing activities[9] - The net cash flow from financing activities was 40,143,789.85 CNY, a recovery from a negative cash flow of -94,042,949.81 CNY in the previous year[23] - The company reported a net decrease in cash and cash equivalents of -101,080,300.66 CNY for the quarter[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,583,337,246.11, reflecting a 2.96% increase from ¥6,394,067,380.22 at the end of the previous year[4] - Total current assets amount to 1,772,319,524.45 CNY, an increase from 1,585,675,704.56 CNY at the beginning of the year[15] - Total non-current assets are 4,811,017,721.66 CNY, slightly up from 4,808,391,675.66 CNY at the beginning of the year[16] - Total liabilities as of the end of Q1 2023 were CNY 1,503,013,026.99, an increase from CNY 1,339,908,435.68 at the end of the previous year[19] - Total current liabilities are 1,465,347,957.26 CNY, an increase from 1,297,851,999.28 CNY at the beginning of the year[16] Investment and Income - The company's investment income increased by 63.86% compared to the previous year, indicating stronger performance from equity method investments[7] - Investment income for Q1 2023 was CNY 15,881,180.03, up from CNY 9,691,737.68 in Q1 2022, representing a growth of 64.67%[19] - The cash inflow from investment activities was 29,816,648.16 CNY, compared to 613,738,078.68 CNY in the previous year[23] - The net cash flow from investment activities was 15,207,844.94 CNY, compared to 376,082,888.29 CNY in the previous year, indicating a significant decrease[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 61,933[11] - Jiangsu Huaxi Group holds 29.34% of shares, totaling 260,000,000 shares, which are pledged[11] - Total equity attributable to shareholders of the parent company reached CNY 5,080,324,219.12, up from CNY 5,054,158,944.54, reflecting a growth of 0.52%[19] Expenses - Sales expenses surged by 78.05% year-on-year, primarily due to increased sales business costs[7] - Research and development expenses increased to CNY 2,170,297.88 from CNY 1,843,513.65, marking a rise of 17.73%[18] Other Financial Metrics - Other comprehensive income after tax for Q1 2023 was CNY 3,993,040.05, compared to a loss of CNY 54,405.62 in the previous year[19] - The company received government subsidies amounting to ¥496,102.89 during the reporting period, which are closely related to its normal business operations[5] - The balance of other receivables increased significantly by 5763.36%, attributed to the addition of warehouse registration guarantee deposits[7] Cash Management - The total cash and cash equivalents at the end of the period were 321,474,249.82 CNY, down from 615,406,651.89 CNY year-over-year[23] - The cash outflow for financing activities was 561,576,210.15 CNY, compared to 614,042,949.81 CNY in the previous year[23] - The cash outflow for investment activities was 14,608,803.22 CNY, down from 237,655,190.39 CNY year-over-year[23] - The company had a beginning cash balance of 422,554,550.48 CNY at the start of the period[23] Audit Information - The company did not undergo an audit for the first quarter report[24]