Financial Performance - Operating revenue for Q1 2023 was ¥318,487,437.87, a decline of 46.02% year-on-year[9] - Total operating revenue for Q1 2023 was 318,487,437.87, a decrease of approximately 46% compared to 590,030,521.74 in Q1 2022[31] - Total operating revenue for Q1 2023 was 154,318,750.26, a decrease from 359,906,977.38 in Q1 2022, representing a decline of approximately 57%[35] - Net profit attributable to shareholders increased by 7.54% to ¥10,248,188.29 compared to the same period last year[9] - Net profit for Q1 2023 was 8,647,476.42, compared to 6,239,842.35 in Q1 2022, indicating an increase of about 38.6%[36] - Operating profit for Q1 2023 was 10,100,789.17, up from 8,266,812.69 in Q1 2022, reflecting a growth of approximately 22%[36] - Total comprehensive income for Q1 2023 was 9,281,501.84, compared to 6,463,445.54 in Q1 2022, representing an increase of approximately 43.5%[37] - The net profit attributable to the parent company for Q1 2023 was 10,248,188.29, an increase from 9,529,930.15 in Q1 2022, showing a growth of about 7.5%[33] Cash Flow - The company's cash flow from operating activities improved by 52.44%, reaching -¥23,267,654.44[10] - Cash inflow from operating activities for Q1 2023 was CNY 326,095,021.92, a decrease of 42.7% compared to CNY 570,259,785.17 in Q1 2022[38] - Net cash flow from operating activities for Q1 2023 was -CNY 23,267,654.44, an improvement from -CNY 48,922,723.50 in Q1 2022[39] - Cash outflow from investing activities in Q1 2023 was CNY 105,200,532.97, significantly higher than CNY 3,437,945.41 in Q1 2022[39] - Net cash flow from investing activities for Q1 2023 was -CNY 104,485,735.77, compared to a positive cash flow of CNY 3,785,618.59 in Q1 2022[39] - Cash inflow from financing activities in Q1 2023 was CNY 28,921,187.96, down from CNY 106,288,982.24 in Q1 2022[39] - Net cash flow from financing activities for Q1 2023 was -CNY 92,083,361.69, contrasting with a positive cash flow of CNY 51,380,820.66 in Q1 2022[39] - The ending cash and cash equivalents balance for Q1 2023 was CNY 139,369,162.32, compared to CNY 117,182,407.37 at the end of Q1 2022[39] - Total cash outflow from operating activities in Q1 2023 was CNY 349,362,676.35, a decrease from CNY 619,182,508.67 in Q1 2022[39] - Cash inflow from sales of goods and services for Q1 2023 was CNY 320,132,484.50, down from CNY 562,755,958.73 in Q1 2022[38] - The net increase in cash and cash equivalents for Q1 2023 was -CNY 222,704,670.15, compared to an increase of CNY 6,080,442.40 in Q1 2022[39] Assets and Liabilities - Total assets decreased by 12.30% to ¥760,278,475.04 compared to the end of last year[9] - Total assets decreased from 866,889,017.43 in December 2022 to 760,278,475.04 by March 31, 2023, reflecting a decline of about 12.3%[26] - Total current assets decreased from ¥775,187,263.82 at the end of 2022 to ¥669,246,249.80 by March 31, 2023, a reduction of about 13.7%[24] - Current liabilities decreased from 397,347,501.67 to 280,422,003.63, representing a reduction of approximately 29.5%[26] - Non-current liabilities decreased from 405,133,176.48 to 289,465,726.60, reflecting a decline of about 28.6%[26] - The company's total liabilities decreased from 405,133,176.48 to 289,465,726.60, a decline of about 28.6%[26] - The asset-liability ratio for the consolidated entity decreased to 38.07% from 46.73% at the end of the previous year[9] - The company's cash and cash equivalents decreased from ¥397,409,656.20 on December 31, 2022, to ¥224,235,268.51 on March 31, 2023, representing a decline of approximately 43.5%[24] - Cash and cash equivalents decreased from 303,027,139.77 to 142,325,790.76, a decline of about 53%[28] - Accounts receivable slightly decreased from ¥322,902,887.95 to ¥305,485,804.71, a decline of approximately 5.4%[24] - Accounts receivable decreased from 129,128,258.80 to 106,987,670.71, a reduction of approximately 17%[28] - The total non-current assets increased from ¥13,526,056.03 to ¥14,775,423.26, reflecting a growth in long-term investments[24] Shareholder Information - The number of ordinary shareholders increased to 17,346[13] - The total equity held by the top ten shareholders accounted for 64.39% of the company's shares, with Hunan Xuankai Consulting holding the largest share at 32.42%[17] - There were no significant changes in the ownership structure among the top shareholders, with no new major shareholders entering the company[17] Other Income and Expenses - Other income increased significantly due to a government reward of ¥3,000,000 received for the company's listing[11] - Other income for Q1 2023 was 3,084,846.48, significantly higher than 25,354.19 in Q1 2022, marking an increase of over 11,900%[36] - Research and development expenses for Q1 2023 were 217,192.39, down from 525,483.24 in Q1 2022, showing a reduction of about 58.7%[36] - Tax expenses for Q1 2023 were 1,414,068.92, compared to 2,026,970.34 in Q1 2022, indicating a decrease of about 30.2%[36] - The company reported a credit impairment loss of 788,364.53 in Q1 2023, compared to 1,442,987.81 in Q1 2022, reflecting a reduction of approximately 45.3%[36] - Non-recurring gains and losses for the period amounted to ¥2,616,979.25 after tax[12] Corporate Governance - The company has no ongoing litigation or arbitration matters, ensuring a stable operational environment[20] - The company has fulfilled its obligations regarding external guarantees and related party transactions in a timely manner[20] - The company has not engaged in any share buyback activities during the reporting period, maintaining its current capital structure[20]
华光源海(872351) - 2023 Q1 - 季度财报