Financial Performance - Net profit attributable to shareholders for Q1 2023 was CNY 17,560,579.08, representing a significant increase of 67.91% year-on-year[11]. - Operating revenue for the first quarter of 2023 was CNY 169,784,816.67, up 8.40% from the same period last year[11]. - Basic earnings per share increased to CNY 0.30, a rise of 57.89% compared to CNY 0.19 in Q1 2022[12]. - The company reported a profit before tax of CNY 19,379,555.27, an increase of 83.86% compared to the previous year, driven by higher sales and government subsidies[17]. - The total comprehensive income for Q1 2023 was 16,763,949.28, compared to 10,546,316.76 in Q1 2022, indicating a growth of 58.5%[52]. Assets and Liabilities - Total assets as of March 31, 2023, reached CNY 1,185,039,880.62, an increase of 8.38% compared to the end of 2022[11]. - The company's total liabilities to assets ratio decreased to 53.17% from 58.72% year-on-year, indicating improved financial stability[11]. - The total liabilities decreased to 630,078,690.18 yuan from 642,090,899.24 yuan[41]. - The total equity attributable to shareholders increased to 531,509,619.12 yuan from 428,067,759.86 yuan[42]. - The total current assets reached 703,446,764.53 yuan, an increase from 647,931,726.56 yuan in the previous period[40]. - The total non-current assets amounted to 481,593,116.09 yuan, up from 445,528,272.77 yuan previously[41]. Cash Flow - Cash flow from operating activities showed a net outflow of CNY 30,312,198.82, a decrease of 276.24% compared to the previous year, primarily due to increased settlement amounts via notes[18]. - The company’s operating cash inflow decreased to 150,232,805.11 in Q1 2023 from 184,450,689.46 in Q1 2022, a decline of 18.5%[54]. - Cash inflow from financing activities in Q1 2023 was 171,328,000.00, a substantial increase from 64,300,000.00 in Q1 2022[55]. - The net increase in cash and cash equivalents was $73,361,533.83, a substantial rise from $14,224,700.43 previously[57]. - The ending balance of cash and cash equivalents stood at $104,851,413.96, up from $33,549,053.06, reflecting a growth of approximately 213%[57]. Shareholder Information - The total number of shares increased from 55,770,000 to 64,970,000, representing a growth of 16.43%[23]. - The proportion of unrestricted shares held by the controlling shareholder increased from 19.30% to 28.26%[23]. - The number of shareholders holding common stock reached 2,378 by the end of the period[23]. - The top shareholder, Ni Wenjun, holds 26,299,600 shares, accounting for 40.48% of total shares[25]. - The total number of shares held by the top ten shareholders is 51,935,987, representing 79.93% of total shares[26]. Research and Development - Research and development expenses for Q1 2023 were CNY 11,872,321.42, an increase of 48.69% year-on-year, reflecting increased investment in new product development[16]. - Research and development expenses increased to ¥11,872,321.42 in Q1 2023, up from ¥7,984,785.74 in Q1 2022, marking a rise of 48.5%[49]. Legal and Compliance - The company has resolved a lawsuit involving a payment of 261,252.00 yuan with a supplier during the reporting period[31]. - The company has complied with all internal review procedures for significant events during the reporting period[30]. - There were no new share buyback plans or employee incentive measures announced during the reporting period[30]. - The company has not provided external loans or guarantees during the reporting period[30]. - The company has fulfilled all disclosed commitments in a timely manner[30].
舜宇精工(831906) - 2023 Q1 - 季度财报