Financial Performance - Operating revenue for Q1 2023 was CNY 54,533,637.36, down 29.60% year-over-year[10] - Net profit attributable to shareholders for Q1 2023 was CNY 1,823,183.72, a decline of 70.36% compared to the same period last year[10] - Basic earnings per share decreased by 78.57% to CNY 0.03 from CNY 0.14 in the previous year[11] - The company reported a net loss of CNY 442,162.74 for Q1 2023, compared to a net profit in Q1 2022[54] - Total profit for Q1 2023 was CNY 2,506,222.17, compared to CNY 6,473,619.90 in Q1 2022, reflecting a decline of approximately 61.3%[59] - The company's investment income for Q1 2023 was CNY 1,706,434.73, an increase from CNY 1,422,108.16 in Q1 2022, showing a growth of about 19.9%[58] - The company's interest income for Q1 2023 was CNY 441,427.33, a significant increase from CNY 48,479.98 in Q1 2022, showing a growth of about 810.5%[58] Cash Flow - Cash flow from operating activities for Q1 2023 was CNY 4,181,226.01, a decrease of 65.89% year-over-year[10] - The cash flow from operating activities in Q1 2023 was CNY 51,953,414.84, down from CNY 94,999,919.41 in Q1 2022, representing a decrease of approximately 45.2%[60] - Net cash flow from operating activities for Q1 2023 was CNY 4,181,226.01, a decline of 65.9% compared to CNY 12,258,023.95 in Q1 2022[61] - Cash flow from financing activities in Q1 2023 resulted in a net outflow of -CNY 314,330.92, compared to -CNY 343,828.77 in Q1 2022[62] - The company recorded a net cash flow from investment activities of -CNY 26,278,608.37 in Q1 2023, compared to -CNY 168,000.00 in Q1 2022[64] Assets and Liabilities - Total assets as of March 31, 2023, were CNY 401,899,636.60, a decrease of 0.26% compared to the end of the previous year[10] - Current assets totaled CNY 247,858,522.66, down from CNY 259,781,274.69 at the end of 2022, indicating a decrease of approximately 4.7%[46] - Total current liabilities amounted to CNY 62,027,638.07, down from CNY 66,219,282.98, representing a decrease of 6.5%[47] - Non-current liabilities totaled CNY 19,196,952.80, an increase from CNY 17,744,881.07, indicating an increase of 8.2%[47] - The total liabilities decreased to CNY 81,224,590.87 from CNY 83,964,164.05, a reduction of 3.3%[47] Shareholder Information - The largest shareholder, Dong Hongjiang, holds 15,554,000 shares, representing 26.50% of the total shares[24] - The second largest shareholder, Chen Yuchuan, holds 10,300,000 shares, representing 17.55% of the total shares[25] - The third largest shareholder, Zhang Yi, holds 9,500,000 shares, representing 16.18% of the total shares[25] - The total number of unrestricted shares decreased from 14,382,400 (24.50%) to 12,132,400 (20.67%) during the period[23] - The total number of restricted shares increased from 44,317,600 (75.50%) to 46,567,600 (79.33%) during the period[23] - The total share capital remains unchanged at 58,700,000 shares[23] Expenses - Management expenses increased by 32.92% year-over-year, primarily due to costs associated with listing activities[16] - Research and development expenses for Q1 2023 were CNY 1,510,963.63, up from CNY 1,202,726.27 in Q1 2022, an increase of 25.6%[54] Guarantees and Commitments - The company provided a guarantee for its subsidiary Changshu Jiahe to procure raw paper, amounting to CNY 10 million[32] - The total amount of guarantees provided by the company is CNY 13.61 million, with a remaining balance of CNY 11.58 million[34] - The company expects to incur related party transactions amounting to CNY 102.72 million in 2023, with actual transactions in the first quarter totaling CNY 35.15 million[35] - The company has ongoing commitments related to share lock-up and profit distribution policies, which are being fulfilled[38] - The company has ongoing commitments related to social insurance and housing fund matters, which are still being fulfilled[40] Compliance and Legal Matters - The company reported no significant litigation or penalties during the reporting period[30] - The company has not engaged in any external borrowing during the reporting period[30] - The company has not reported any violations of commitments as of the reporting period[40] - The arbitration case with a cumulative amount of CNY 32,934.72 was ruled against the applicant, representing 0.01% of the company's net assets[31] Market Strategy - The company plans to expand its market presence and invest in new technologies to drive future growth[54]
佳合科技(872392) - 2023 Q1 - 季度财报