三友科技(834475) - 2023 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter of 2023 was CNY 117,397,928.42, representing a growth of 53.72% year-on-year [15]. - Net profit attributable to shareholders for the first quarter of 2023 was CNY 16,569,402.94, an increase of 89.75% compared to the same period last year [11]. - The total comprehensive income for Q1 2023 was CNY 17,010,873.33, compared to CNY 8,982,369.83 in Q1 2022, reflecting an increase of 89.5% [51]. - Basic and diluted earnings per share for Q1 2023 were both CNY 0.16, doubling from CNY 0.08 in Q1 2022 [48]. - The company's net profit attributable to shareholders increased to CNY 16,569,402.94 in Q1 2023, up from CNY 8,732,408.60 in Q1 2022, representing a growth of 89.5% [48]. Assets and Liabilities - Total assets as of March 31, 2023, were CNY 546,128,829.63, a decrease of 6.14% compared to the end of the previous year [11]. - The company's total liabilities to total assets ratio decreased to 34.82% from 41.62% year-on-year, indicating improved financial stability [11]. - The company's total current liabilities decreased from 223,794,984.13 CNY at the end of 2022 to 170,857,237.24 CNY by March 31, 2023 [39]. - Total liabilities as of March 31, 2023, were ¥187,320,471.81, compared to ¥239,863,936.53 at the end of 2022, showing a reduction of approximately 21.9% [44]. Cash Flow - The company's cash flow from operating activities was negative CNY 6,987,851.33, a decline of 173.24% year-on-year [18]. - The company reported a net cash outflow from operating activities of CNY -6,987,851.33 in Q1 2023, a decline from a net inflow of CNY 9,540,809.79 in Q1 2022 [52]. - Cash inflow from financing activities was CNY 4,100,643.99 in Q1 2023, significantly lower than CNY 15,400,000.00 in Q1 2022 [55]. - The net increase in cash and cash equivalents for Q1 2023 was CNY -14,945,036.52, contrasting with an increase of CNY 4,816,494.63 in Q1 2022 [55]. Research and Development - Research and development expenses increased by 108.82% year-on-year, amounting to CNY 5,708,192.93, reflecting the company's efforts to expand its product service areas [16]. - Research and development expenses for Q1 2023 were ¥5,708,192.93, significantly higher than ¥2,733,611.04 in Q1 2022, indicating an increase of approximately 108.4% [47]. Shareholder Information - The total number of ordinary shares is 102,960,000, with 5,820 shareholders holding more than 5% [23]. - Major shareholders include Wu Yong with 34.84% and Wu Junyi with 22.70% of shares [25]. - The company reported a decrease of 35,200 in core employee shares, bringing the total to 1,093,809 [23]. - The company executed a share buyback plan, with timely disclosures made as per regulations [28]. - The company repurchased 1,900,000 shares, accounting for 1.85% of the total share capital, at a maximum price of 6.71 CNY per share, totaling 12,361,166.55 CNY spent, which is 59.14% of the planned maximum repurchase fund [32]. Other Income and Expenses - Other income increased by 125.69% to CNY 617,316.41, driven by government subsidies and tax refunds received during the period [16]. - The company received government subsidies amounting to 165,402.00, while losses from fair value changes of financial assets were -259,095.64 [20]. - The company incurred a financial expense of CNY 224,736.78 in Q1 2023, down from CNY 447,075.93 in Q1 2022, indicating a decrease of 49.8% [50]. Inventory and Accounts Receivable - The company reported a significant increase in accounts receivable, which rose by 37.03% to CNY 71,071,016.96, attributed to higher sales [12]. - Accounts receivable increased from 51,866,147.09 CNY at the end of 2022 to 71,071,016.96 CNY by March 31, 2023, indicating a rise of approximately 37% [38]. - Inventory decreased from 166,314,994.03 CNY at the end of 2022 to 143,247,644.88 CNY by March 31, 2023, reflecting a decline of about 14% [38]. - Inventory levels decreased to ¥137,820,522.29 as of March 31, 2023, from ¥164,122,859.04 at the end of 2022, representing a reduction of approximately 16.0% [43].