Financial Performance - Net profit attributable to shareholders for Q1 2023 was CNY 19.70 million, an increase of 153.78% year-on-year [12]. - Operating revenue for Q1 2023 reached CNY 160.41 million, representing a growth of 29.05% compared to the same period last year [12]. - Basic earnings per share for Q1 2023 were CNY 0.36, up 114.24% from CNY 0.17 in the same period last year [13]. - The company reported a significant increase in prepayments, which rose by 378.67% to CNY 6.88 million due to equipment purchases [15]. - Management expenses for Q1 2023 increased by 38.45% to CNY 8.64 million, primarily due to higher consulting fees and operational costs [20]. - The company reported a decrease in financial expenses, with interest expenses at 1,093,222.14 in Q1 2023, down from 1,798,028.29 in Q1 2022, a reduction of about 39.2% [67]. - The company incurred R&D expenses of 7,772,460.18 in Q1 2023, significantly higher than 2,829,673.79 in Q1 2022, reflecting an increase of about 174.5% [67]. Assets and Liabilities - Total assets as of March 31, 2023, were CNY 529.90 million, a decrease of 0.19% compared to the end of 2022 [12]. - The asset-liability ratio for the consolidated entity decreased to 45.86% from 50.13% at the end of 2022 [12]. - Total liabilities decreased to ¥241,534,412.56 in 2023 from ¥278,515,803.99 in 2022, a reduction of approximately 13% [60]. - Total equity increased to ¥281,851,873.47 in 2023 from ¥259,861,619.22 in 2022, marking an increase of about 8.5% [60]. - Total current assets as of March 31, 2023, amounted to ¥356,954,375.39, a decrease from ¥361,001,556.26 as of December 31, 2022, representing a decline of approximately 1.3% [54]. - Total liabilities decreased to ¥243,003,645.65 from ¥266,153,126.49, a decline of approximately 8.7% [57]. Cash Flow - The company's cash flow from operating activities for Q1 2023 was CNY 38.99 million, an increase of CNY 60.87 million year-on-year [25]. - Cash inflow from operating activities totaled $192,461,110.27, while cash outflow was $148,040,514.87, resulting in a positive cash flow from operations [73]. - The net cash flow from operating activities was $44,420,595.40, a significant improvement from a net outflow of $10,054,234.17 in the previous period, indicating a turnaround in operational efficiency [73]. - The total cash outflow for investing activities was $17,274,580.17, reflecting ongoing investments in fixed assets and other long-term assets [73]. - The ending cash and cash equivalents balance increased to $88,934,275.48, up from $26,477,986.94, indicating strong liquidity position [73]. Shareholder Information - The total number of ordinary shares is 55,200,000, with 33.80% being unrestricted shares and 66.20% being restricted shares [31]. - The largest shareholder, Shen Anju, holds 31,147,100 shares, representing 56.43% of the total shares [33]. - The top ten shareholders collectively hold 40,906,173 shares, accounting for 74.11% of the total shares [34]. - The company has a total of 40,049,868 shares held by shareholders with more than 5% ownership, with a change of 856,305 shares during the period [34]. - The company reported a total asset value of 528,000,000, with a net profit margin of 15% for the fiscal year ending December 2021 [49]. Research and Development - Research and development expenses increased by 120.43% to CNY 7.77 million in Q1 2023, driven by expanded R&D investment [22]. - Research and development expenses for Q1 2023 were ¥7,772,460.18, compared to ¥3,525,998.57 in Q1 2022, indicating a 120% increase [63]. - The company is actively engaged in new product development and market expansion strategies to drive future growth [49]. Compliance and Governance - The company has not engaged in any significant asset acquisitions or disposals during the reporting period [37]. - The company has not implemented any share buyback programs during the reporting period [37]. - The company is in compliance with all regulatory requirements as outlined in its prospectus [49]. - The company reported no false records or misleading statements in its financial disclosures, ensuring transparency [50].
骏创科技(833533) - 2023 Q1 - 季度财报