Financial Performance - Operating revenue for Q1 2023 was ¥54,088,077.49, representing a decrease of 22.45% year-over-year[9] - Net profit attributable to shareholders for Q1 2023 was ¥7,566,061.91, down 4.94% from the same period last year[9] - Total operating revenue for Q1 2023 was CNY 54,088,077.49, a decrease from CNY 69,746,547.32 in Q1 2022, representing a decline of approximately 22.5%[33] - Net profit for Q1 2023 was CNY 7,566,061.91, down from CNY 7,959,436.85 in Q1 2022, reflecting a decrease of approximately 4.9%[35] - The total comprehensive income for Q1 2023 was 4,064,745.44, down from 4,408,557.11 in Q1 2022, reflecting a decrease of 7.8%[39] Cash Flow - The net cash flow from operating activities improved significantly to ¥6,799,160.33, compared to a negative cash flow of ¥3,883,399.68 in Q1 2022, marking a 275.08% change[9] - Cash flow from operating activities for Q1 2023 was 6,799,160.33, a significant improvement from -3,883,399.68 in Q1 2022[40] - Net cash flow from operating activities increased to $5,517,555.50 from $2,487,499.46, representing a growth of approximately 121.9%[45] - The cash flow from financing activities for Q1 2023 was 1,216,268.46, a rise from 11,446.00 in Q1 2022, indicating improved financing activities[42] - The total cash outflow from operating activities was $16,294,814.04, compared to $20,438,930.68, showing a decrease of about 20.9%[45] Assets and Liabilities - Total assets as of March 31, 2023, reached ¥609,210,037.28, a slight increase of 0.26% compared to the end of 2022[9] - The total liabilities decreased to ¥87,405,588.25 from ¥93,737,200.34, indicating a reduction of approximately 6.5%[27] - Total assets as of the end of the reporting period were CNY 469,504,347.80, an increase from CNY 462,490,514.44 at the end of the previous period[31] - Total liabilities increased to CNY 23,753,796.78 from CNY 20,923,610.19, marking an increase of approximately 13.5%[31] - The company's total liabilities to assets ratio (consolidated) decreased to 14.35% from 15.43% year-over-year[9] Equity and Shareholder Information - The total equity attributable to shareholders increased to ¥521,804,449.03 from ¥513,890,522.84, reflecting a growth of about 1.8%[27] - The total number of ordinary shares remained at 74,733,333, with a decrease in unrestricted shares from 27.11% to 23.07%[16] - Major shareholders include Liou Group Co., Ltd. with a 32.79% stake and Zhejiang Danong Machinery Co., Ltd. with a 21.55% stake[17] - The company reported a total of 11,665 ordinary shareholders as of the end of the reporting period[16] Expenses - Total operating costs for Q1 2023 were CNY 44,125,640.03, compared to CNY 59,132,352.74 in Q1 2022, indicating a reduction of about 25.4%[33] - Research and development expenses for Q1 2023 were CNY 2,560,035.48, down from CNY 3,620,640.03 in Q1 2022, indicating a decrease of approximately 29.3%[34] - The company reported a financial expense of CNY -1,844,429.28 for Q1 2023, compared to CNY -395,363.92 in Q1 2022, indicating a significant increase in financial income[34] Cash and Cash Equivalents - Cash and cash equivalents stood at ¥290,739,388.79, up from ¥285,583,984.50, showing an increase of approximately 0.4%[25] - The cash and cash equivalents at the end of Q1 2023 amounted to 285,685,096.79, up from 90,386,663.32 at the end of Q1 2022[42] - Cash and cash equivalents increased to CNY 332,504,395.05 from CNY 325,668,490.24, reflecting a growth of about 2.5%[31] - The ending balance of cash and cash equivalents reached $266,010,169.23, up from $81,459,003.97, which is an increase of approximately 226.5%[45] Investments - The net cash flow from investing activities for Q1 2023 was -1,745,384.50, compared to -179,471.57 in Q1 2022, indicating increased investment outflows[42] - Cash inflow from investment activities totaled $13,444,390.28, up from $7,313,756.94, indicating an increase of about 83.5%[45] - Cash outflow from investment activities totaled $9,805,697.77, compared to $6,669,054.44, representing an increase of about 47.5%[45] - Cash received from other investment-related activities was $13,393,590.28, compared to $7,313,756.94, indicating a growth of approximately 83.5%[45] Other Information - The company has no significant litigation or arbitration matters reported during the period[21] - There were no new major acquisitions or mergers disclosed in the current reporting period[22] - The company has committed to previously disclosed promises and has no new significant guarantees or loans to report[21] - Non-recurring gains and losses totaled ¥394,662.36, with a net amount after tax of ¥335,463.01[12] - The impact of exchange rate changes on cash and cash equivalents was a decrease of $166,928.76[45]
浙江大农(831855) - 2023 Q1 - 季度财报