Financial Performance - Operating revenue for Q1 2023 reached CNY 32,981,459.74, representing a year-on-year increase of 41.48%[10] - Net profit attributable to shareholders for Q1 2023 was CNY 4,619,565.04, a significant increase of 893.25% compared to the same period last year[10] - The company's gross profit margin improved, with operating costs increasing by 35.60% compared to the revenue increase of 41.48%[12] - The weighted average return on net assets based on net profit attributable to shareholders was 1.14% for Q1 2023, up from 0.12% in the previous year[10] - Operating profit for Q1 2023 was ¥4,806,387.93, compared to ¥343,151.44 in Q1 2022, showing a significant improvement[39] - Net profit for Q1 2023 was ¥4,619,565.04, a substantial increase from ¥465,095.26 in Q1 2022, reflecting a growth of over 890%[39] - The total comprehensive income for Q1 2023 was ¥4,862,782.12, compared to ¥465,095.26 in Q1 2022, marking an increase of approximately 943.5%[43] Cash Flow - The net cash flow from operating activities was CNY 274,073.54, an increase of 101.89% year-on-year[10] - The net cash flow from operating activities for Q1 2023 was ¥274,073.54, a recovery from a negative cash flow of ¥14,513,982.08 in Q1 2022[46] - Cash inflow from operating activities for Q1 2023 was $68,959,048.13, compared to $24,993,929.11 in Q1 2022, representing a year-over-year increase of approximately 175%[49] - The company reported cash inflow from sales of goods and services of $66,299,475.07 in Q1 2023, up from $24,117,101.36 in Q1 2022, marking an increase of about 175%[49] - The net cash flow from investment activities for Q1 2023 was $1,441,835.52, a recovery from a net outflow of $83,762,810.23 in the same period last year[50] Assets and Liabilities - Total assets as of March 31, 2023, were CNY 542,141,672.43, a decrease of 2.58% compared to the end of 2022[10] - Total liabilities decreased from 151,530,877.94 to 132,708,607.46, a reduction of approximately 12.4%[31] - Total current assets decreased from 458,156,220.04 to 445,334,664.01, a decline of about 2.7%[30] - Total assets as of March 31, 2023, amounted to ¥541,111,658.88, a decrease from ¥555,033,585.40 at the end of 2022[36] - Total liabilities decreased to ¥135,394,265.43 as of March 31, 2023, down from ¥154,178,974.07 at the end of 2022[36] Shareholder Information - The total number of ordinary shareholders as of the report date was 7,405[19] - The total number of shares held by the top ten shareholders is 69,923,442, representing 67.53% of the total shares[22] - Li Yu holds 51.76% of the shares, maintaining a stable position with no changes[22] - Chen Liang's shareholding decreased by 463,960 shares, now holding 5.00%[22] Inventory and Receivables - Accounts receivable decreased from 157,654,497.84 to 143,250,725.36, a reduction of about 9.1%[30] - Inventory increased significantly from 98,736,879.24 to 124,722,828.83, an increase of approximately 26.3%[30] - Accounts receivable decreased to ¥142,729,196.61 as of March 31, 2023, from ¥157,008,079.09 at the end of 2022[34] - Inventory increased to ¥120,999,683.12 as of March 31, 2023, compared to ¥95,027,019.86 at the end of 2022, indicating a rise of approximately 27.4%[35] Other Income and Expenses - The company reported a significant increase in other income, which rose by CNY 787,033.08, attributed to government subsidies related to daily activities[13] - Research and development expenses for Q1 2023 amounted to ¥3,044,689.77, up from ¥2,582,300.09 in Q1 2022, indicating an increase of about 17.9%[42] - The company incurred cash payments to employees totaling $9,113,238.14 in Q1 2023, which is an increase from $7,418,862.28 in Q1 2022, representing a growth of about 23%[49] Compliance and Commitments - The company has no ongoing litigation or arbitration matters during the reporting period[25] - All commitments made by the company have been fulfilled without any violations[26]
中寰股份(836260) - 2023 Q1 - 季度财报