Financial Performance - Operating revenue for Q1 2023 was CNY 74,835,296.81, representing a year-on-year increase of 10.08% from CNY 67,980,226.36 in Q1 2022[12] - Net profit attributable to shareholders for Q1 2023 was CNY 4,508,481.02, up 10.57% from CNY 4,077,386.55 in the same period last year[12] - Total operating revenue for the first quarter of 2023 was 69,274,617.42, an increase from 61,905,659.61 in the same period of 2022, reflecting a growth of approximately 22.7%[40] - Net profit for the first quarter of 2023 reached 4,508,481.02, compared to 4,077,386.55 in the first quarter of 2022, indicating an increase of about 10.6%[41] - The company’s total comprehensive income for the first quarter of 2023 was 4,508,481.02, compared to 4,077,386.55 in the first quarter of 2022, reflecting an increase of about 10.6%[41] Cash Flow - Cash flow from operating activities showed a significant decline of 3,689.39%, resulting in a net outflow of CNY 8,396,352.37 compared to a net inflow of CNY 233,921.58 in the previous year[13] - The net cash flow from operating activities was -5,901,209.82 yuan for the first quarter of 2023, compared to -3,319,461.86 yuan in the same period of 2022, indicating a decline in operational cash flow[51] - The company reported a significant increase in cash received from other operating activities, totaling 117,765,676.42 in the first quarter of 2023, compared to 99,257,598.60 in the same period of 2022, representing a growth of approximately 18.7%[46] - The cash inflow from operating activities totaled 621,128.86 yuan, while cash outflow was 6,522,338.68 yuan, leading to a significant negative cash flow from operations[51] - The company’s cash and cash equivalents decreased by 8,517,632.40 yuan in the first quarter of 2023, compared to a decrease of 3,229,933.25 yuan in Q1 2022[51] Assets and Liabilities - Total assets as of March 31, 2023, were CNY 753,632,333.81, a decrease of 3.49% compared to CNY 780,867,804.05 at the end of 2022[12] - The company reported a total of 683,841,411.69 CNY in current assets as of March 31, 2023, a decrease from 708,511,836.30 CNY at the end of 2022, representing a decline of approximately 3.8%[30] - Total liabilities decreased from ¥395,530,149.11 to ¥363,786,197.85, a reduction of about 8.0%[33] - Current liabilities decreased from ¥371,622,859.34 to ¥341,980,371.72, a decline of approximately 7.9%[32] - The company's total liabilities to total assets ratio (consolidated) improved to 48.27% from 50.65% at the end of the previous year[12] Shareholder Information - The company has a total of 76,426,801 shares held by the top ten shareholders, accounting for 76.97% of total shares[21] - Guangdong Environmental Protection Group holds the largest stake at 31,850,000 shares, representing 32.08% of total shares[21] - The total number of shares held by shareholders with over 5% ownership remains unchanged at 76,426,801 shares[21] - The company has no outstanding preferred shares as of the reporting period[25] Research and Development - Research and development expenses increased by 37.87% year-on-year, primarily due to higher personnel costs from increased R&D staff[13] - Research and development expenses rose to 6,521,357.08 in the first quarter of 2023, up from 4,730,096.17 in the same period last year, representing a growth of approximately 38%[40] Financial Expenses and Income - The company's financial expenses decreased by 66.85%, influenced by a 63.87% increase in bank interest income[13] - Investment income decreased by 32.75% due to a reduction in suitable principal-protected structured deposit options[15] - Non-operating income for the period was CNY 161,597.80, with a net amount of CNY 123,772.19 after tax impacts[16] - The financial expenses for the first quarter of 2023 showed a net income of -1,014,808.46, compared to -608,226.99 in the same period last year, indicating an increase in financial costs[40] Compliance and Legal Matters - There were no significant legal disputes or external guarantees reported during the period[27] - The company has maintained compliance with internal review procedures for related party transactions[27] - The company has not engaged in any share buyback activities during the reporting period[27]
广咨国际(836892) - 2023 Q1 - 季度财报