Financial Performance - The company's revenue for Q1 2023 was ¥487,050,850.69, a decrease of 37.09% compared to ¥774,235,725.17 in the same period last year[5] - Net profit attributable to shareholders was ¥13,861,194.91, down 67.37% from ¥42,483,339.15 year-on-year[5] - The net cash flow from operating activities was -¥95,474,602.73, a significant decline of 4,496.86% compared to -¥2,076,953.88 in the previous year[5] - Basic earnings per share decreased by 68.82% to ¥0.0682 from ¥0.2187 in the same period last year[5] - The company reported a 69.17% decline in operating profit to ¥17,062,035.35 due to a significant drop in revenue[9] - The total comprehensive income decreased by 73.82% to ¥10,854,226.73, primarily driven by the decline in revenue[9] - Total operating revenue for Q1 2023 was ¥487,050,850.69, a decrease of 37.1% compared to ¥774,235,725.17 in Q1 2022[16] - Net profit for Q1 2023 was ¥13,251,724.96, a decline of 68.8% from ¥42,483,339.15 in Q1 2022[17] - Basic and diluted earnings per share for the first quarter were CNY 0.0682, down from CNY 0.2187 year-over-year[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,653,872,466.79, a decrease of 4.88% from ¥1,738,684,971.66 at the end of the previous year[5] - The company's accounts receivable increased to ¥378,635,166.41 from ¥318,247,611.60, representing a growth of 18.9%[15] - Inventory decreased to ¥143,274,540.62 from ¥187,133,899.09, a reduction of 23.4%[15] - Total liabilities decreased to ¥463,556,366.40 from ¥559,223,098.00, a decline of 17.1%[15] Cash Flow - The company's cash and cash equivalents at the end of Q1 2023 were 444,541,552.53 RMB, down from 584,516,378.97 RMB at the beginning of the year[13] - Cash inflows from operating activities totaled CNY 481,865,022.44, compared to CNY 918,352,199.22 in the previous year, representing a decline of approximately 47.5%[21] - The net cash flow from operating activities was negative CNY 95,474,602.73, worsening from negative CNY 2,076,953.88 in the same quarter last year[21] - Cash outflows for investing activities amounted to CNY 403,527,466.76, a decrease from CNY 646,689,067.90 year-over-year[21] - The net cash flow from investing activities was negative CNY 20,440,679.87, improving from negative CNY 326,611,527.65 in the previous year[21] - The company reported a cash and cash equivalents balance of CNY 425,647,630.01 at the end of the quarter, compared to CNY 279,245,172.07 at the end of the previous year[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,108, with no preferred shareholders having restored voting rights[10] - The largest shareholder, Li Zheng, holds 33.30% of the shares, amounting to 64,681,800 shares[10] - The top ten shareholders include several investment firms, with the largest being Ningbo Meishan Bonded Port Area Yongxin Enterprise Management Partnership holding 4,004,000 shares[10] Government Support and Other Income - The company received government subsidies amounting to ¥2,402,700.00, contributing positively to other income[6] - The increase in other receivables was 73.30%, attributed to an increase in export tax refunds[9] Future Outlook and Strategic Plans - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[9] - The report does not provide specific future outlook or performance guidance for the upcoming quarters[11] - There are no updates on market expansion or mergers and acquisitions mentioned in the report[11] - The company did not conduct any significant mergers or acquisitions during the quarter[22] Research and Development - Research and development expenses for Q1 2023 were ¥5,402,857.32, slightly up from ¥5,040,309.10 in Q1 2022[17] - The company has not reported any new product developments or technological advancements in this quarter[11] Financial Reporting - The first quarter report was not audited[22] - The company has not disclosed any significant changes in restricted shares during this reporting period[12]
久祺股份(300994) - 2023 Q1 - 季度财报