Financial Performance - Net profit attributable to shareholders for Q1 2023 reached CNY 61,798,835.21, a significant turnaround from a loss of CNY 5,648,514.59 in Q1 2022[9] - Operating revenue for Q1 2023 was CNY 204,758,201.62, representing a remarkable increase of 7,099.03% year-over-year, primarily due to revenue recognition from major projects related to immersion phase change liquid cooling data center infrastructure[11] - The weighted average return on equity based on net profit attributable to shareholders was 10.04% for Q1 2023, compared to -2.52% in Q1 2022[10] - The company’s basic earnings per share for Q1 2023 was CNY 0.78, compared to a loss of CNY 0.07 per share in the same period last year[10] - The total operating revenue for Q1 2023 reached ¥204,758,201.62, a significant increase from ¥2,844,246.79 in Q1 2022, representing a growth of approximately 7,100%[34] - The total operating costs for Q1 2023 were ¥138,088,198.04, compared to ¥13,722,870.68 in Q1 2022, indicating an increase of about 906%[35] - The net profit for Q1 2023 was ¥61,798,835.21, a turnaround from a net loss of ¥5,648,514.59 in Q1 2022, reflecting a substantial improvement in profitability[36] - The earnings per share (EPS) for Q1 2023 was ¥0.78, compared to a loss per share of ¥0.07 in Q1 2022, showcasing a positive shift in earnings performance[36] Cash Flow and Liquidity - The net cash flow from operating activities for Q1 2023 was CNY 23,266,570.01, a decrease of 86.34% compared to the same period last year, attributed to reduced cash receipts from sales and increased tax payments[11] - Cash inflow from operating activities for Q1 2023 was CNY 192,403,821.91, a decrease of 36.1% compared to CNY 301,319,499.19 in Q1 2022[41] - Net cash flow from operating activities for Q1 2023 was CNY 23,266,570.01, down 86.4% from CNY 170,298,967.65 in Q1 2022[42] - Total cash outflow from operating activities in Q1 2023 was CNY 169,137,251.90, an increase of 29.1% compared to CNY 131,020,531.54 in Q1 2022[42] - Cash and cash equivalents at the end of Q1 2023 amounted to CNY 393,840,903.70, up from CNY 279,744,085.49 at the end of Q1 2022[42] - The company received tax refunds amounting to CNY 5,357,256.28 in Q1 2023, compared to CNY 712,206.86 in Q1 2022, indicating improved cash flow management[41] Assets and Liabilities - Total assets as of March 31, 2023, were CNY 890,146,485.67, a decrease of 1.20% compared to the end of the previous year[9] - The company’s total liabilities to assets ratio (consolidated) improved to 27.39% as of March 31, 2023, down from 35.11% at the end of the previous year[9] - Total current assets as of March 31, 2023, amounted to ¥824,924,404.76, a slight decrease from ¥836,987,658.77 on December 31, 2022, representing a decline of approximately 1.27%[27] - Total liabilities decreased from ¥316,324,892.20 to ¥243,786,070.38, a reduction of approximately 22.9%[29] - Total equity increased from ¥584,605,970.83 to ¥646,360,415.29, reflecting a growth of about 10.55%[29] - The company reported a significant decrease in contract liabilities from ¥64,845,800.28 to ¥17,871,632.33, a decline of about 72.5%[28] - The company’s total assets decreased from ¥900,930,863.03 to ¥890,146,485.67, a reduction of approximately 1.0%[28] User Data and Growth - The company has a total of 3,200,004 in user data, reflecting a growth of 4.02%[17] - The company has a user base of 1,997,768, showing an increase of 2.51%[17] - The company has a user count of 1,681,292, which represents a growth of 2.11%[17] - The company reported a user data of 1,099,398, indicating a growth of 1.38%[17] - The company has a total of 578,990 in user data, reflecting a growth of 0.73%[17] - The company has a user base of 470,531, which shows a growth rate of 0.59%[17] Research and Development - Research and development expenses in Q1 2023 amounted to ¥13,806,858.37, up from ¥6,017,091.65 in Q1 2022, indicating a year-over-year increase of approximately 129%[35] Legal and Compliance - The company has not reported any significant legal or financial issues during the reporting period[21]
曙光数创(872808) - 2023 Q1 - 季度财报