Blue Focus(300058)2023-04-19 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥9,773,604,139.46, representing a 25.60% increase compared to ¥7,781,637,509.68 in the same period last year[7] - Net profit attributable to shareholders for Q1 2023 was ¥148,732,537.14, a significant increase of 355.10% from ¥32,681,424.93 in Q1 2022[7] - The basic earnings per share for Q1 2023 was ¥0.0597, up 355.73% from ¥0.0131 in the previous year[7] - Operating profit rose to ¥186,426,888.22, compared to ¥59,535,898.55 in the same period last year[33] - Net profit for the quarter was ¥146,906,663.13, significantly up from ¥30,040,559.87 year-on-year[33] - The total comprehensive income attributable to the parent company was approximately 24.18 million year-over-year[49] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥321,265,040.03, a decrease of 258.92% compared to a net inflow of ¥202,156,473.13 in Q1 2022[7] - The net cash flow from operating activities was negative at approximately -202.16 million in the previous year[53] - Cash inflows from operating activities totaled approximately 9.94 billion, resulting in a net cash outflow[53] - Investment activities generated a net cash outflow of approximately -397.62 million in the previous year, showing improvement[53] - Financing activities resulted in a net cash outflow of approximately -330.69 million in the same period last year[53] Assets and Liabilities - Total assets as of March 31, 2023, were ¥18,223,136,059.42, reflecting a slight increase of 0.30% from ¥18,169,413,733.58 at the end of the previous year[7] - Total liabilities decreased slightly to ¥10,741,073,982.31 from ¥10,752,538,549.75[30] - Cash and cash equivalents at the end of the period were ¥3,238,576,893.68, down from ¥2,814,376,773.63, reflecting a net decrease of ¥565,861,828.94[37] - Contract liabilities decreased to ¥488,727,950.57 from ¥692,477,715.32, indicating a reduction in advance payments received[30] - Accounts receivable increased to ¥7,820,972,489.30 from ¥7,317,148,755.29, indicating a growth of 6.9%[43] Income and Expenses - The company reported a significant increase in income tax expenses, which rose by 37.55% to ¥39,346,394.53 due to higher total profits[11] - Other income decreased by 41.35% to ¥8,337,870.72 compared to ¥14,215,516.29 in the same period last year due to a reduction in VAT input tax credits[23] - Investment income increased significantly by 5835.58% to ¥19,447,994.73 from ¥327,651.20, primarily due to dividends received from financial assets[23] - Fair value changes in financial assets resulted in a gain of ¥13,235,883.26, a 115.07% increase compared to a loss of ¥87,834,714.37 in the previous year[23] - Credit impairment losses decreased by 87.30% to -¥2,585,926.26 from -¥20,364,753.96, attributed to a reduction in bad debt provisions[23] - Asset impairment losses surged by 1703.19% to ¥887,051.10, driven by a recovery in the value of digital assets held by a wholly-owned subsidiary[23] Shareholder Information - The company reported a total of 132,257 common shareholders at the end of the reporting period[39] - The top ten shareholders held a total of 124,328,408 shares, representing 4.99% of the total shareholding[39] - The company has a goodwill amounting to ¥1,756,190,579.97, unchanged from the previous period[43] Other Financial Activities - The company has invested up to ¥20 million in the establishment of the Xiamen Zhonglun Blue Green Venture Capital Fund, with a total subscription amount of ¥250 million[13] - The company received government subsidies amounting to ¥53,133.60, contributing to its non-operating income[20] - The company experienced a significant increase in the net profit attributable to minority shareholders, which was approximately -2.64 million in the previous period[49]