Financial Performance - Operating revenue for Q1 2023 was CNY 79.51 million, representing a year-on-year increase of 31.38%[11] - Net profit attributable to shareholders for Q1 2023 was CNY 1.90 million, a decrease of 76.58% compared to the same period last year[11] - The company's gross profit margin decreased due to higher costs of lithium raw materials, impacting overall profitability[14] - Total operating revenue for Q1 2023 reached ¥79,508,330.85, an increase from ¥60,516,931.16 in Q1 2022, reflecting a growth of approximately 31.4%[47] - Net profit for Q1 2023 was ¥1,895,813.17, down from ¥8,093,836.18 in Q1 2022, representing a decline of approximately 76.6%[49] - The total comprehensive income for Q1 2023 was -96,103.36, compared to -443,737.75 in Q1 2022, showing an improvement in overall financial performance[53] Cash Flow - The company's cash flow from operating activities was negative CNY 24.06 million, a decline of 314.22% year-on-year[12] - Cash flow from operating activities for Q1 2023 was negative at -2,808,209.63, compared to a positive cash flow of 602,201.53 in Q1 2022[57] - The cash flow from investing activities for Q1 2023 was -17,587,135.43, compared to -5,306,974.76 in Q1 2022, indicating a worsening of investment cash flow[55] - Cash flow from financing activities showed a net outflow of -4,890,355.81 in Q1 2023, compared to -47,184.76 in Q1 2022[57] - The net decrease in cash and cash equivalents for Q1 2023 was -93,266,647.41, contrasting with an increase of 4,149,191.93 in Q1 2022[57] Assets and Liabilities - Total assets as of March 31, 2023, were CNY 600.25 million, a decrease of 4.94% compared to the end of the previous year[11] - The total liabilities to total assets ratio (consolidated) was 31.26%, down from 34.09% at the end of the previous year[11] - The company reported a significant decrease in cash and cash equivalents, down 30.74% to CNY 135 million[13] - Total current liabilities increased from ¥169,578,062.44 to ¥197,637,439.46, reflecting a rise of approximately 16.6%[40] - Total liabilities for the company were ¥9,341,211.89, down from ¥18,496,641.25, indicating a reduction of about 49.6%[45] Shareholder Information - The number of ordinary shareholders was 11,459 as of the report date[20] - The largest shareholder, Xizang Mengxuan, holds 15,662,362 shares, representing 30.46% of the total shares[22] - The second largest shareholder, Lijia Investment, holds 9,460,859 shares, accounting for 18.40% of the total shares[22] - The total number of shares held by the top ten shareholders is 40,790,345, which is 79.33% of the total share capital[23] - The company has repurchased 300,000 shares, which is 0.58% of the total share capital, with a total expenditure of 4,812,885.08 yuan[31] Research and Development - Research and development expenses increased by 40.06% to CNY 4.13 million due to an increase in R&D projects[14] - Research and development expenses for Q1 2023 were ¥4,132,883.74, compared to ¥2,950,697.10 in Q1 2022, showing an increase of about 40.0%[48] Other Financial Metrics - Non-recurring gains and losses for the period amounted to CNY 738,124.31 after tax[18] - Basic and diluted earnings per share for Q1 2023 were both ¥0.04, down from ¥0.20 in Q1 2022, indicating a decrease of 80.0%[49] - Other comprehensive income after tax for Q1 2023 was ¥-617,138.46, compared to ¥-173,211.12 in Q1 2022, reflecting a decline of approximately 256.5%[49] - The company reported a credit impairment loss of ¥-551,590.20 in Q1 2023, compared to a gain of ¥642,407.68 in Q1 2022[48] Commitments and Guarantees - The company provided a guarantee of 40 million yuan for its wholly-owned subsidiary, Yichang Lijia Technology Co., Ltd., for credit applications[29] - The company has committed to fulfilling all disclosed commitments without any overdue or violations during the reporting period[32]
力佳科技(835237) - 2023 Q1 - 季度财报