Financial Performance - Net profit attributable to shareholders for Q1 2023 was ¥3,071,153.84, a decrease of 29.08% from the same period last year[10] - Operating revenue for Q1 2023 reached ¥83,228,294.42, representing a 1.11% increase year-on-year[10] - The total comprehensive income for Q1 2023 is CNY 4,647,250.81, down from CNY 5,077,783.23 in Q1 2022, reflecting a decline of 8.5%[51] - Basic earnings per share for Q1 2023 is CNY 0.02, compared to CNY 0.03 in Q1 2022, indicating a 33.3% decrease[51] - Net profit for Q1 2023 was ¥4,647,250.81, down from ¥5,077,783.23 in Q1 2022, representing a decrease of approximately 8.5%[49] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥16,899,382.91, worsening by 28.23% compared to the previous year[10] - Net cash flow from operating activities for Q1 2023 is CNY -16,899,382.91, compared to CNY -13,179,350.86 in Q1 2022, indicating a worsening cash flow situation[58] - Cash and cash equivalents decreased to ¥50,468,932.73 as of March 31, 2023, from ¥56,581,887.69 at the end of 2022, a decline of about 10.5%[45] - Cash and cash equivalents at the end of Q1 2023 amount to CNY 68,640,637.85, down from CNY 85,578,209.43 at the end of Q1 2022[58] - Cash outflow from operating activities totaled $43.95 million, down from $78.46 million year-over-year[60] Assets and Liabilities - Total assets as of March 31, 2023, amounted to ¥511,370,270.97, reflecting a 0.39% increase compared to the end of 2022[10] - The company's asset-liability ratio (consolidated) was 23.16%, a slight decrease from 23.78% at the end of the previous year[10] - Total liabilities increased to ¥22,544,749.45 in Q1 2023 from ¥19,716,134.47 in Q1 2022, marking an increase of approximately 14.5%[47] - The company has a total of CNY 41,232,186.19 in assets that are mortgaged, representing 8.07% of total assets, primarily for bank loan collateral[37] Shareholder Information - The total number of ordinary shares outstanding remained at 143,690,460, with 5,495 shareholders[20] - The company reported a total shareholding of 97,133,148 shares, representing 67.59% of the total shares[23] - The largest shareholder, Beijing Keting Management Consulting Partnership, holds 67,126,838 shares, accounting for 46.72% of total shares[22] - The total number of shareholders with more than 5% ownership is two, with the top ten shareholders holding a combined 67.59%[23] Expenses - Financial expenses increased by 260.31% year-on-year, primarily due to higher interest expenses from increased bank loans[14] - Research and development expenses for Q1 2023 were ¥6,192,949.06, up from ¥5,216,225.02 in Q1 2022, indicating an increase of approximately 18.7%[50] - Total operating costs for Q1 2023 were ¥80,917,535.07, slightly higher than ¥80,517,358.71 in Q1 2022, indicating an increase of about 0.5%[50] Commitments and Guarantees - The company has provided guarantees for bank project loans for its subsidiary, Huangshan Jinggong Gravure Printing Co., Ltd[28] - The company has fulfilled its previously disclosed commitments in a timely manner[26] - The company has committed to various promises, including measures to stabilize stock prices and avoid competition, all of which are being fulfilled without violations[35] Other Information - There were no significant litigation or arbitration matters reported during the period[26] - The company has not engaged in any external borrowing or significant related party transactions during the reporting period[26] - The company has not conducted any share buybacks or employee incentive plans during the reporting period[26] - The company reported no assets being seized, frozen, or pledged during the period[27]
凯腾精工(871553) - 2023 Q1 - 季度财报