Financial Performance - Operating revenue for Q1 2023 reached ¥60,046,910.72, a 55.13% increase year-on-year[11] - Net profit attributable to shareholders rose by 35.29% to ¥6,340,021.71 compared to the same period last year[11] - Operating profit grew by 49.70% to ¥7,973,597.83, driven by the significant increase in revenue[14] - Total revenue for Q1 2023 reached ¥60,046,910.72, a significant increase of 55.0% compared to ¥38,706,292.08 in Q1 2022[36] - Total operating revenue for Q1 2023 reached ¥60,043,505.72, a significant increase from ¥38,706,292.08 in Q1 2022, representing a growth of approximately 55.0%[40] - Operating profit for Q1 2023 was ¥7,965,566.81, up from ¥5,320,968.98 in Q1 2022, indicating an increase of about 49.0%[37] - Net profit for Q1 2023 was ¥6,340,021.71, compared to ¥4,686,372.97 in Q1 2022, reflecting a growth of approximately 35.3%[38] - The total profit for Q1 2023 was ¥7,964,971.81, compared to ¥5,319,432.98 in Q1 2022, reflecting an increase of approximately 49.5%[37] Assets and Liabilities - Total assets increased by 9.90% to ¥407,691,413.24 compared to the end of last year[11] - Total assets increased to ¥407,691,413.24 as of March 31, 2023, up from ¥370,951,195.25 at the end of 2022, representing a growth of 9.0%[30] - Total current assets amounted to ¥372,302,819.48, up from ¥335,789,164.60 at the end of 2022[28] - Current liabilities rose to ¥173,588,850.46, an increase of 23.0% from ¥143,188,654.18 in the previous year[34] - The company’s debt-to-asset ratio (consolidated) was 42.58%, up from 38.60% at the end of the previous year[11] Cash Flow - Cash flow from operating activities showed a significant decline, with a net outflow of ¥14,816,536.46, a 277.40% decrease compared to the previous year[12] - Cash inflow from operating activities totaled ¥49,545,302.27 in Q1 2023, slightly down from ¥52,182,677.16 in Q1 2022[43] - The net cash flow from operating activities was -14,816,536.46 yuan, a significant decline compared to 8,365,561.01 yuan in the previous period[48] - Total cash inflow from operating activities was 49,545,302.27 yuan, while cash outflow was 64,361,838.73 yuan, resulting in a cash outflow of 14,816,536.46 yuan[48] - Cash inflow from investment activities amounted to 55,241,246.25 yuan, with cash outflow totaling 60,633,572.92 yuan, leading to a net cash flow of -5,392,326.67 yuan from investment activities[48] - Cash inflow from financing activities was 25,072,200.00 yuan, while cash outflow was 13,526,185.81 yuan, resulting in a net cash flow of 11,546,014.19 yuan from financing activities[48] - The ending balance of cash and cash equivalents was 12,736,377.04 yuan, down from 21,398,952.39 yuan at the beginning of the period[48] - The company experienced a net decrease in cash and cash equivalents of -8,662,575.35 yuan, contrasting with an increase of 1,458,908.93 yuan in the previous period[48] Shareholder Information - Total shares outstanding are 72,250,000, with 54,688,045 (75.69%) being subject to restrictions and 17,561,955 (24.31%) being unrestricted[19] - The largest shareholder, Huang Caixia, holds 33,382,345 shares, representing 46.20% of total shares[21] - The company has 2,954 shareholders, with a concentration of ownership among the top shareholders[19] Inventory and Receivables - Accounts receivable increased by 41.32% to ¥23,516,249.14, primarily due to an increase in bank acceptance bills received[13] - Accounts receivable increased to ¥209,425,354.50 from ¥194,978,955.84 year-over-year[28] - Inventory rose by 45.25% to ¥49,300,146.30, attributed to an increase in raw materials and work-in-progress[13] - The company’s inventory increased to ¥49,256,893.12, up from ¥33,910,746.82, marking a growth of 45.0%[33] Other Financial Metrics - Non-recurring gains and losses amounted to ¥244,351.25, with a net effect after tax of ¥207,742.81[16] - The total equity attributable to shareholders increased to ¥234,102,562.78, compared to ¥227,762,541.07, reflecting a growth of 2.0%[30] - The company reported a decrease in employee compensation payable to ¥1,105,700.00 from ¥3,564,614.49, a reduction of 69.0%[34] - Research and development expenses increased to ¥1,533,153.53 in Q1 2023 from ¥1,251,494.95 in Q1 2022, marking a rise of about 22.5%[41] - The company reported a credit impairment loss of ¥1,309,993.24 in Q1 2023, compared to a reversal of ¥55,041.70 in Q1 2022[41] - Earnings per share (EPS) remained stable at ¥0.09 for both basic and diluted EPS in Q1 2023 and Q1 2022[38]
亿能电力(837046) - 2023 Q1 - 季度财报