Financial Performance - Operating revenue for Q1 2023 was CNY 35,892,047.62, representing a year-on-year increase of 15.78%[11] - Net profit attributable to shareholders for Q1 2023 was CNY 763,437.95, a decrease of 20.69% compared to the same period last year[11] - Cash flow from operating activities for Q1 2023 was CNY 3,514,839.27, down 48.92% year-on-year[12] - The company's gross profit margin decreased due to a 25.07% increase in operating costs, which reached CNY 21,615,000[13] - Total operating revenue for Q1 2023 reached ¥35,892,047.62, an increase of 15.5% compared to ¥31,000,067.49 in Q1 2022[41] - Net profit for Q1 2023 was ¥9,348.59, a decrease of 98.2% from ¥516,887.58 in Q1 2022[42] - Operating profit for Q1 2023 was ¥85,867.50, a decrease of 86.0% from ¥614,109.25 in Q1 2022[42] - Basic earnings per share for Q1 2023 were ¥0.0083, down from ¥0.0117 in Q1 2022, reflecting a decline of 29.9%[43] Assets and Liabilities - Total assets as of March 31, 2023, were CNY 379,406,788.48, a decrease of 0.39% compared to the end of 2022[11] - Total current assets decreased to CNY 274,245,386.82 as of March 31, 2023, from CNY 281,732,300.42 as of December 31, 2022, representing a decline of approximately 2%[34] - Total non-current assets rose to CNY 105,161,401.66 as of March 31, 2023, compared to CNY 99,150,865.29 as of December 31, 2022, indicating an increase of approximately 6.4%[35] - Total liabilities decreased to CNY 45,581,099.30 from CNY 46,840,235.12, reflecting a reduction of about 2.7%[36] - The company's total liabilities increased to ¥19,091,729.79 in 2023 from ¥18,930,067.60 in 2022, representing a growth of 0.9%[40] Shareholder Information - The number of ordinary shareholders was 3,447 as of the report date[19] - The largest shareholder, China Textile Science Research Institute Co., Ltd., holds 54,000,000 shares, representing 58.42% of total shares[22] - The second largest shareholder, Shenzhen Aixin Pei Industrial Development Co., Ltd., holds 7,752,403 shares, accounting for 8.39% of total shares[22] - The total shares held by the top ten shareholders amount to 79,994,073, which is 86.54% of the total shares[23] Cash Flow and Investments - Cash outflow from investing activities was CNY 37,439,603.20 in Q1 2023, significantly higher than CNY 3,118,125.32 in Q1 2022[50] - Net cash flow from investing activities was negative CNY 33,286,828.31 in Q1 2023, compared to negative CNY 2,883,783.59 in Q1 2022[50] - Cash outflow from financing activities was CNY 2,800,863.42 in Q1 2023, a decrease of 54.5% from CNY 6,150,133.53 in Q1 2022[50] - The company reported a net cash decrease of CNY 32,573,974.88 in Q1 2023, compared to a decrease of CNY 2,153,358.57 in Q1 2022[50] Operational Highlights - The company reported a significant increase in prepayments, which rose by 217.48% due to purchases of office supplies and laboratory consumables[13] - Research and development expenses for Q1 2023 were ¥3,551,660.42, slightly up from ¥3,468,663.96 in Q1 2022, indicating a focus on innovation[42] - The company reported a credit impairment loss of ¥756,238.63 in Q1 2023, compared to a gain of ¥230,757.58 in Q1 2022, indicating a significant shift in credit quality[42] Compliance and Governance - The company has not reported any litigation or arbitration matters during the reporting period[27] - The company has not disclosed any major events or compliance issues during the reporting period[27] - The company has not engaged in any external guarantees or loans during the reporting period[27] - The company has not reported any assets being frozen, seized, or pledged[27] - The company has not faced any investigations or penalties during the reporting period[27] - The company has committed to protecting investor interests by adhering to share lock-up agreements and other commitments related to the public offering[30]
中纺标(873122) - 2023 Q1 - 季度财报