Financial Performance - Net profit attributable to shareholders increased by 46.17% to CNY 12,177,095.89 year-on-year[11] - Revenue for the first quarter decreased by 5.72% to CNY 40,086,444.71 compared to the same period last year[11] - Operating profit for Q1 2023 increased to CNY 15,100,895.59, up 56.5% from CNY 9,612,436.32 in Q1 2022[37] - Net profit for Q1 2023 was CNY 12,177,095.89, representing a 46.5% increase from CNY 8,330,517.14 in Q1 2022[37] - Total comprehensive income reached ¥12,177,095.89, up from ¥8,330,517.14 year-over-year[38] - Basic and diluted earnings per share increased to ¥0.1986 from ¥0.1760[38] Assets and Liabilities - Total assets decreased by 2.21% to CNY 576,780,233.67 compared to the end of last year[11] - The company's total liabilities to assets ratio decreased to 25.08% from 28.19%[11] - Total liabilities decreased to CNY 144,630,221.38 from CNY 166,294,188.19 in the previous year[34] - Cash and cash equivalents amounted to CNY 139,709,075.72, a decline from CNY 208,872,639.91 at the end of 2022[32] - Accounts receivable decreased to CNY 222,521,246.79 from CNY 256,460,210.41 in the previous period[32] Cash Flow - Cash flow from operating activities turned negative at CNY -3,209,085.30, a decline of 192.93% compared to the previous year[11] - Net cash flow from operating activities was negative at -¥3,209,085.30, compared to positive ¥3,453,232.83 in the same period last year[41] - Cash inflow from operating activities totaled ¥28,082,753.26, down from ¥41,363,151.58 year-over-year[41] - Cash outflow from operating activities increased to ¥31,291,838.56 from ¥37,909,918.75[41] - Cash flow from investing activities showed a net outflow of -¥59,571,712.65, compared to -¥40,001,045.43 last year[42] - The company experienced a net decrease in cash and cash equivalents of -¥66,507,384.69 during the period[42] Shareholder Information - The number of ordinary shareholders increased to 12,050 during the reporting period[18] - The company repurchased 325,000 shares, accounting for 0.53% of the total share capital, with a total expenditure of ¥3,534,138.75, representing 73.63% of the planned repurchase fund limit[27] - The highest transaction price during the repurchase was ¥11.00 per share, while the lowest was ¥10.73 per share[27] - The total shares held by the top ten shareholders amounted to 32,753,282 shares, representing 53.41% of the total share capital[21] - The largest shareholder, Yu Lixin, holds 9,928,000 shares, which is 16.19% of the total shares[21] - The second-largest shareholder, Du Heng, holds 7,344,000 shares, representing 11.98% of the total shares[21] Research and Development - Research and development expenses increased by 40.18% due to an increase in personnel and ongoing projects[13] Other Income and Expenses - Other income surged by 5766.85% primarily due to government subsidies received[13] - Investment income rose by 1051% as the company utilized idle funds for financial management[13] - The company reported a credit impairment loss of CNY 2,803,113.64, compared to a gain of CNY 494,563.34 in Q1 2022[37] - The total cost of operations for Q1 2023 was CNY 31,829,649.61, down from CNY 32,510,592.08 in Q1 2022[36] Compliance and Legal Matters - The company has no ongoing litigation or arbitration matters during the reporting period[25] - There are no external guarantees or loans provided by the company during the reporting period[25] - The company has fulfilled all disclosed commitments without any overdue or violations during the reporting period[28] - The company has not engaged in any significant related party transactions during the reporting period[25] - The company has not been subject to any investigations or penalties during the reporting period[25] Audit Information - The company has not conducted an audit for the financial report[31]
恒立钻具(836942) - 2023 Q1 - 季度财报