Financial Performance - Total operating revenue for Q1 2023 was CNY 179,590,371.83, an increase of 1.04% compared to CNY 177,670,770.84 in Q1 2022[10] - Total operating costs for Q1 2023 were CNY 151,423,719.30, up 4.9% from CNY 144,629,198.48 in the same period last year[10] - Net profit attributable to the parent company increased to CNY 229,335,132.29 from CNY 202,852,409.86, reflecting a growth of 12.99%[9] - The company reported a significant increase in other income to CNY 2,537,582.86 from CNY 2,480,791.97, reflecting a growth of 2.3%[10] - The total net profit for the current period was ¥26,482,722.43, an increase from ¥25,465,190.88 in the previous period, indicating a growth of approximately 4%[54] Cash Flow - Cash and cash equivalents at the end of Q1 2023 were CNY 528,575,032.60, down from CNY 541,289,214.74 at the beginning of the year[6] - The net cash flow from operating activities surged to ¥91,763,358.81, a significant increase of 774.97% compared to ¥10,487,634.05 in the previous year[32] - The cash inflow from operating activities amounted to ¥205,576,988.99, compared to ¥202,907,190.50 in the previous period, reflecting a slight increase[56] - The net cash flow from operating activities was ¥91,763,358.81, significantly higher than ¥10,487,634.05 in the previous period[54] - The cash outflow from investing activities was ¥147,495,054.55, compared to ¥96,619,467.45 in the previous period, showing a substantial increase in investment[54] - The net cash flow from investing activities was -¥96,978,068.25, worsening from -¥24,110,480.85 in the previous period[54] - The cash outflow from financing activities totaled ¥1,600,742.08, compared to ¥1,348,379.01 in the previous period, indicating increased financing costs[58] - The company received ¥20,766,397.38 in tax refunds, an increase from ¥18,413,336.38 in the previous period, reflecting improved cash management[56] Assets and Liabilities - Total assets as of March 31, 2023, were CNY 1,628,198,794.88, down from CNY 1,667,241,581.09 at the beginning of the year[9] - Total liabilities decreased to CNY 192,163,738.93 from CNY 257,487,051.65, a reduction of 25.38%[7] - Total assets at the end of the reporting period were ¥1,628,198,794.88, a decrease of 2.34% from ¥1,667,241,581.09 at the end of the previous year[32] - Shareholders' equity attributable to shareholders of the listed company increased to ¥1,436,035,055.95, up 1.86% from ¥1,409,754,529.44 at the end of the previous year[32] Accounts and Inventory - Accounts receivable decreased to CNY 121,985,648.66 from CNY 144,919,744.07, a reduction of 15.83%[6] - Accounts receivable financing increased by 32.10% to 11,324,608.04 from 8,572,765.59 due to an increase in bank acceptance bill settlements[42] - Inventory levels decreased to CNY 312,671,564.82 from CNY 342,730,689.66, indicating a decline of 8.77%[6] - Prepayments decreased by 34.76% to 2,640,021.98 from 4,046,789.62 primarily due to a reduction in advance procurement payments[42] - Other receivables decreased by 49.81% to 5,489,495.66 from 10,936,855.91, mainly due to a reduction in export tax refund receivables[42] Research and Development - Research and development expenses for Q1 2023 were CNY 14,394,164.19, an increase of 37.3% compared to CNY 10,435,772.45 in Q1 2022[10] - Research and development expenses rose by 37.93% to 14,394,164.19 from 10,435,772.45, reflecting increased investment in R&D personnel and projects[42] Financial Changes - Basic and diluted earnings per share decreased to ¥0.3674, down 21.71% from ¥0.4693 in the same period last year[32] - The weighted average return on net assets was 1.86%, down 2.12% from 3.98% in the previous year[32] - The company reported a decrease in other comprehensive income, with a net amount of -¥407,541.49 compared to -¥5,093.77 in the previous period[54] - The company recognized government subsidies amounting to ¥2,537,582.86 during the reporting period[41] - The fair value changes of trading financial assets and liabilities resulted in a profit of ¥1,626,819.66[41] - The company reported a 100.00% increase in fair value changes of financial assets to 1,109,833.36, reflecting significant market fluctuations[42] Corporate Changes - The company did not undergo an audit for the Q1 report[22] - The total number of ordinary shareholders at the end of the reporting period was 15,401, with the largest shareholder holding 21.14%[43] - The company appointed a new deputy general manager, which may influence future strategic decisions[51]
联特科技(301205) - 2023 Q1 - 季度财报