Financial Performance - Operating revenue for Q1 2023 was CNY 73,693,334.31, down 38.54% year-over-year[11] - Net profit attributable to shareholders for Q1 2023 was CNY 499,882.30, a decline of 96.61% compared to the same period last year[11] - The company’s basic earnings per share for Q1 2023 was CNY 0.01, down 94.74% from the previous year[11] - Total operating revenue for Q1 2023 was ¥73,693,334.31, a decrease of 38.5% compared to ¥119,905,855.78 in Q1 2022[40] - Net profit for Q1 2023 was ¥499,882.30, a significant decline from ¥14,766,148.57 in Q1 2022, representing a decrease of 96.6%[42] - Earnings per share for Q1 2023 was ¥0.01, compared to ¥0.19 in Q1 2022, reflecting a drop of 94.7%[42] - The company reported an operating profit loss of ¥3,992,859.11 in Q1 2023, compared to an operating profit of ¥15,759,551.11 in Q1 2022[41] Assets and Liabilities - Total assets as of March 31, 2023, were CNY 791,998,231.93, a decrease of 2.73% compared to the end of 2022[11] - The company's asset-liability ratio (consolidated) improved to 33.79% from 35.66% year-over-year[11] - Total current assets decreased to CNY 378,483,396.21 from CNY 402,613,968.40, a decline of approximately 6.0%[32] - Total liabilities decreased to CNY 267,635,331.87 from CNY 290,325,609.83, a decrease of approximately 7.8%[34] - Total liabilities increased to ¥123,166,666.46 in Q1 2023 from ¥111,585,322.92 in Q1 2022, marking an increase of 10.5%[40] - Total equity increased slightly to CNY 524,362,900.06 from CNY 523,863,017.76, an increase of about 0.1%[34] - Total equity rose to ¥416,899,324.66 in Q1 2023 from ¥412,659,116.96 in Q1 2022, showing a slight increase of 1.1%[40] Cash Flow - Cash flow from operating activities increased by 87.88% to CNY 32,779,899.09, primarily due to government subsidies received[16] - Net cash flow from operating activities reached ¥32,779,899.09 in Q1 2023, up from ¥17,446,875.43 in Q1 2022, indicating an increase of about 87.5%[46] - Cash inflow from investment activities was ¥229,342,293.48 in Q1 2023, compared to ¥66,406,599.20 in Q1 2022, marking a significant rise of approximately 245.5%[47] - The net cash flow from investment activities for the parent company was negative at ¥11,562,490.77 in Q1 2023, compared to a negative cash flow of ¥17,067,911.34 in Q1 2022, showing an improvement[49] Shareholder Information - The total number of ordinary shareholders as of the report date was 8,115[20] - The largest shareholder, Hou Shiyi, holds 29,376,200 shares, representing 38.42% of total shares[23] - The second largest shareholder, Hou Xue, owns 20,581,680 shares, accounting for 26.92% of total shares[23] Research and Development - R&D expenses decreased by 37.13% compared to the previous year, reflecting reduced investment in certain projects[14] - Research and development expenses decreased to ¥3,607,754.24 in Q1 2023 from ¥5,738,284.57 in Q1 2022, a reduction of 37.1%[41] Other Income and Expenses - The company reported a significant increase in other income, up 324.25%, mainly from government subsidies[15] - Other income for Q1 2023 was ¥1,742,391.36, up from ¥1,303,808.83 in Q1 2022, indicating an increase of 33.7%[41] Commitments and Guarantees - The company provided a guarantee of up to RMB 100 million for its wholly-owned subsidiary Hefei Jingweite, with a maximum balance of RMB 16.4 million as of the reporting period[27] - The actual controller and related parties provided guarantees totaling RMB 45.4 million for bank loans as of the reporting period[27] - The company has pledged assets worth RMB 51,332,842.21, which constitutes 6.48% of total assets[28] - The company has no overdue commitments as of the reporting period[29] Litigation and Credit - There are no ongoing litigation or arbitration matters reported during the period[26] - The company has applied for a comprehensive credit limit of up to RMB 200 million from various commercial banks[29] Inventory and Receivables - Accounts receivable decreased to CNY 70,000,371.75 from CNY 72,528,018.92, a reduction of approximately 3.5%[32] - Inventory decreased to CNY 92,945,984.84 from CNY 103,450,225.42, reflecting a decline of about 10.1%[32]
晶赛科技(871981) - 2023 Q1 - 季度财报