JCON(BJ:836149)2023-04-25 16:00Financial Performance - Operating revenue for the first quarter of 2023 reached CNY 75,159,667.76, representing a year-on-year increase of 28.99%[8] - Net profit attributable to shareholders for the first quarter of 2023 was CNY 787,355.50, up 77.36% from the same period last year[8] - The net profit after deducting non-recurring gains and losses was CNY 586,697.00, an increase of 181.65% year-on-year[9] - Total revenue for Q1 2023 reached CNY 75,159,667.76, an increase from CNY 58,269,944.88 in Q1 2022, representing a growth of approximately 29%[34] - Operating profit increased to ¥2,733,913.24 from ¥1,433,022.44, reflecting a growth of about 90.5% year-over-year[38] - The total profit margin improved, with total profit amounting to ¥376,493.97 compared to a loss of -¥1,816,852.00 last year[36] - Earnings per share (EPS) for the current period was ¥0.01, consistent with the previous year[37] Cash Flow - Cash flow from operating activities improved significantly, with a net cash flow of -CNY 4,567,330.85, an 81.43% increase compared to the previous year[9] - Cash inflow from operating activities for Q1 2023 was CNY 101,975,866.63, a decrease of 17.4% compared to CNY 123,607,345.92 in Q1 2022[41] - Net cash outflow from operating activities was CNY -4,567,330.85, an improvement from CNY -24,600,695.11 in the same period last year[41] - Cash inflow from financing activities totaled CNY 71,278,226.46, an increase of 11.5% from CNY 63,810,248.80 in Q1 2022[42] - The company reported a net cash inflow of CNY 10,584,807.70 for Q1 2023, contrasting with a net outflow of CNY -2,160,802.07 in Q1 2022[42] Assets and Liabilities - Total assets as of March 31, 2023, were CNY 633,788,238.13, a decrease of 1.20% compared to the end of 2022[8] - The company reported a total current assets of CNY 438,916,696.77 as of March 31, 2023, compared to CNY 437,117,468.44 as of December 31, 2022, indicating a slight increase of 0.41%[26] - Total liabilities decreased to CNY 435,849,650.51 from CNY 443,234,537.10, indicating a reduction of about 1%[28] - Current liabilities totaled CNY 310,510,148.34, down from CNY 324,809,509.95, reflecting a decrease of approximately 4%[28] - Non-current liabilities increased to CNY 125,339,502.17 from CNY 118,425,027.15, showing an increase of about 6%[28] Accounts and Inventory - Accounts receivable increased by 101.83% compared to the end of last year, mainly due to an increase in commercial acceptance bills received[10] - Accounts receivable decreased from CNY 338,751,493.74 to CNY 307,415,049.40, a decline of 9.25%[26] - Inventory rose to CNY 26,722,329.19 from CNY 21,457,420.39, marking an increase of 24.54%[26] - Inventory increased to CNY 1,665,495.97 from CNY 1,161,879.22, representing a growth of approximately 43%[31] Expenses - Sales expenses increased by 57.37% year-on-year, driven by higher costs associated with increased orders and sales personnel compensation[11] - Total operating costs increased to ¥80,428,119.47 from ¥64,942,517.36, representing a growth of approximately 23.5% year-over-year[35] - Research and development expenses rose to ¥4,498,462.48, up from ¥3,675,153.20, indicating a year-over-year increase of about 22.4%[35] Shareholder Information - The total number of shares held by the top ten shareholders is 43,285,134, accounting for 58.69% of the total shares[19] - The company has implemented an employee incentive plan, which has been approved by the shareholders[22] - The company reported no external guarantees or loans provided during the reporting period[22] Compliance and Legal Matters - The company has no ongoing litigation or arbitration matters, ensuring compliance with regulatory requirements[22] - The company has maintained a stable financial position with no significant changes in its debt structure[22]