Financial Performance - Net profit attributable to shareholders for Q1 2023 was ¥13,652,405.16, representing a 63.99% increase year-over-year[9] - Operating revenue for Q1 2023 was ¥203,428,272.36, a decrease of 17.11% compared to the same period last year[9] - The total comprehensive income for Q1 2023 was ¥7,248,219.53, compared to ¥4,700,022.99 in Q1 2022, indicating an increase of approximately 54.1%[44] - Net profit for Q1 2023 reached CNY 13,652,405.16, compared to CNY 8,325,238.25 in Q1 2022, reflecting an increase of approximately 64.5%[40] - Earnings per share for Q1 2023 were CNY 0.08, up from CNY 0.06 in Q1 2022, marking a growth of 33.3%[40] - The company’s total operating profit for Q1 2023 was ¥5,652,886.79, an increase from ¥4,609,641.61 in Q1 2022, reflecting a growth of approximately 22.6%[43] Assets and Liabilities - Total assets as of March 31, 2023, reached ¥1,504,489,270.08, an increase of 4.18% compared to the end of the previous year[9] - The total liabilities decreased to ¥803,491,075.95 from ¥881,468,146.05, representing a reduction of about 8.8%[32] - The company's cash and cash equivalents increased to ¥198,479,294.08 from ¥83,506,969.90, showing a significant rise of approximately 137.5%[30] - Accounts receivable decreased to ¥528,786,706.63 from ¥602,528,357.28, indicating a decline of about 12.2%[30] - Inventory increased to ¥96,724,149.51 from ¥74,299,833.89, marking an increase of approximately 30.2%[30] - The total current assets rose to ¥1,156,602,563.96 from ¥1,090,773,730.70, which is an increase of about 6.0%[30] - Total assets as of the end of the reporting period were CNY 1,361,262,755.34, an increase from CNY 1,293,273,453.09 at the end of the previous period, representing a growth of about 5.3%[36] - Total liabilities decreased to CNY 721,941,474.91 from CNY 785,857,182.47, indicating a reduction of approximately 8.1%[36] Shareholder Information - The total share capital is 143,463,297 shares, with 64,863,018 shares held by the controlling shareholder, accounting for 45.21% of the total[19] - The top five shareholders hold a combined total of 110,673,130 shares, representing 63.39% of the total shares[22] - Liu Jia Ming is the largest shareholder with 26,918,400 shares, which is 14.85% of the total[20] - Liu Yu holds 22,584,992 shares, representing 12.46% of the total[20] - The company has 19,838 common stock shareholders[19] - The number of unrestricted shares increased to 97,028,124, accounting for 53.53% of total shares by the end of the reporting period[18] - The shareholding structure indicates a significant concentration of ownership among the top shareholders[22] - There are no preferred shares applicable for this period[23] - The company has not reported any changes in the shareholding of major shareholders during the period[20] Cash Flow - The company's cash flow from operating activities improved by 69.85%, reaching -¥20,779,182.72 for the quarter[14] - Cash flow from operating activities showed a net outflow of ¥20,779,182.72 in Q1 2023, an improvement from a net outflow of ¥68,930,130.65 in Q1 2022[46] - Total cash inflow from financing activities in Q1 2023 was ¥209,059,055.56, compared to ¥20,000,000 in Q1 2022, reflecting a substantial increase[46] - The company reported a significant increase in sales cash receipts, totaling ¥271,495,579.16 in Q1 2023, compared to ¥179,898,059.84 in Q1 2022, representing a growth of approximately 50.9%[45] - The net increase in cash and cash equivalents for Q1 2023 was $105.35 million, a substantial recovery from a decrease of -$95.34 million in Q1 2022[49] - The ending balance of cash and cash equivalents as of March 31, 2023, was $162.90 million, up from $55.15 million at the same time last year[49] Research and Development - Research and development expenses increased by 61.24% to ¥11,410,433.29, indicating a focus on innovation[13] - Research and development expenses for Q1 2023 were CNY 11,410,433.29, compared to CNY 7,076,890.04 in Q1 2022, showing an increase of approximately 61.8%[39] - Research and development expenses rose to ¥6,307,744 in Q1 2023, up from ¥5,367,423 in Q1 2022, indicating an increase of about 17.5%[43] Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters to drive growth[40]
百甲科技(835857) - 2023 Q1 - 季度财报