Financial Performance - Net profit attributable to shareholders rose by 27.35% to CNY 16,679,264.59 for the first quarter of 2023[9] - Operating revenue increased by 25.39% to CNY 69,223,571.97 year-on-year[9] - Total operating revenue for Q1 2023 reached ¥69,223,571.97, an increase from ¥55,206,584.18 in Q1 2022, representing a growth of approximately 25.5%[38] - Total revenue for Q1 2023 was CNY 54,998,310.76, compared to CNY 49,831,078.54 in Q1 2022, indicating a growth of about 10.4%[41] - Net profit for Q1 2023 reached CNY 17,163,144.48, compared to CNY 12,923,439.52 in Q1 2022, marking an increase of about 32.5%[39] - The company reported a total comprehensive income of CNY 17,163,144.48 for Q1 2023, compared to CNY 12,923,439.52 in Q1 2022, reflecting an increase of about 32.5%[39] - Basic and diluted earnings per share for Q1 2023 were both CNY 0.29, up from CNY 0.26 in Q1 2022, reflecting an increase of approximately 11.5%[39] Assets and Liabilities - Total assets increased by 44.17% to CNY 510,167,699.87 compared to the end of the previous year[9] - The company's total liabilities decreased to ¥46,180,127.01 from ¥71,186,539.18, a reduction of approximately 35%[32] - The company has a total liability of ¥29,212,343.92 as of March 31, 2023, down from ¥47,750,231.20 at the end of 2022, reflecting a reduction in financial obligations[36] - The company's equity increased from ¥51,225,000.00 to ¥70,861,250.00, showing a growth of around 38%[32] - Shareholders' equity totaled ¥465,620,651.14 as of March 31, 2023, up from ¥285,701,188.30 at the end of 2022, indicating a growth of about 63.0%[37] Cash Flow - Cash flow from operating activities decreased by 115.99% to CNY -2,711,385.11 due to increased tax payments and employee wages[11] - The net cash flow from operating activities for Q1 2023 was negative at CNY -2,711,385.11, a significant decrease from CNY 16,952,900.64 in Q1 2022[43] - The net cash flow from investment activities was 24,209,242.95 CNY, compared to a negative cash flow of -316,139.27 CNY in the previous year[44] - The total cash inflow from financing activities amounted to 172,488,630.84 CNY, while cash outflow was 3,511,500.00 CNY, resulting in a net cash flow of 168,977,130.84 CNY[44] - The net increase in cash and cash equivalents for the period was 190,474,988.68 CNY, leading to a closing balance of 248,335,743.27 CNY[44] - Cash and cash equivalents as of March 31, 2023, were ¥206,900,163.02, significantly higher than ¥42,661,323.90 at the end of 2022, showing improved liquidity[35] Shareholder Information - The number of ordinary shareholders increased to 4,337, reflecting a growing investor interest[15] - The largest shareholder, Zhang Aijiang, holds 34,857,012 shares, representing 49.19% of total shares[17] - Zhang Ming is the second-largest shareholder with 4,980,946 shares, accounting for 7.03%[17] - The total shares held by the top ten shareholders amount to 53,482,928, which is 75.48% of the total[18] Expenses and Costs - Sales expenses increased by 74.14% due to higher logistics and advertising costs[11] - Total operating costs for Q1 2023 were ¥48,794,022.30, up from ¥39,421,157.99 in Q1 2022, indicating an increase of about 23.5%[38] - Operating costs for Q1 2023 were CNY 26,439,104.07, an increase from CNY 23,998,662.33 in Q1 2022, which is a rise of approximately 10.1%[41] - The company incurred a tax expense of CNY 3,308,216.02 in Q1 2023, compared to CNY 2,311,165.99 in Q1 2022, which is an increase of approximately 43.2%[39] Commitments and Compliance - The company has committed to repurchase shares and compensate investors due to false statements, which is currently being fulfilled[24] - The company has also committed to avoid fund occupation and is in compliance with this commitment[24] - The company has made commitments to reduce and regulate related party transactions, which are currently being fulfilled[24] - The company is currently fulfilling its lock-up commitments made on March 16, 2022[22] Other Information - The company has no ongoing litigation or arbitration matters during the reporting period[21] - There are no external guarantees or loans provided by the company[21] - The company has not engaged in any significant related party transactions during the reporting period[21] - There are no assets under seizure, detention, or freezing[21] - The company has not been subject to any investigations or penalties[21] - The company has not executed any share repurchase plans during the reporting period[21] - The company reported a decrease in accounts payable from ¥15,099,488.18 in Q1 2022 to ¥12,975,603.62 in Q1 2023, suggesting improved payment practices[36] - Research and development expenses for Q1 2023 were ¥2,593,476.93, slightly higher than ¥2,358,891.29 in Q1 2022, indicating continued investment in innovation[38] - The increase in long-term equity investments from ¥22,474,586.75 at the end of 2022 to ¥65,883,184.13 as of March 31, 2023, indicates a strategic focus on expanding investment portfolios[35]
新赣江(873167) - 2023 Q1 - 季度财报