YCIG(SH:600345)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥32,185,382.95, representing a decrease of 1.91% compared to the same period last year[3] - Net profit attributable to shareholders was ¥29,090,766.99, an increase of 28.36% year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥28,930,323.66, reflecting a growth of 28.44% compared to the previous year[3] - The basic earnings per share for the period was ¥0.15, which is an increase of 28.36% year-on-year[3] - The weighted average return on equity rose by 0.25 percentage points to 1.31%[3] - The total comprehensive income for Q1 2023 was ¥32,359,806.23, compared to ¥25,007,401.06 in Q1 2022, indicating an increase of about 29.0%[18] - Basic and diluted earnings per share for Q1 2023 were both ¥0.15, up from ¥0.11 in Q1 2022, reflecting a growth of approximately 36.4%[18] - The net profit attributable to the parent company's shareholders for Q1 2023 was ¥29,090,766.99, an increase from ¥22,664,243.34 in Q1 2022, representing a growth of approximately 28.5%[18] Cash Flow - The net cash flow from operating activities was -¥28,168,310.56, indicating a significant decrease due to reduced sales collections[6] - Cash inflows from operating activities in Q1 2023 totaled ¥25,752,355.44, a decrease of about 49.7% from ¥51,242,250.36 in Q1 2022[20] - The net cash flow from operating activities for Q1 2023 was -¥28,168,310.56, worsening from -¥12,126,621.92 in Q1 2022[20] - The company reported a net cash outflow from investing activities of -¥12,425,554.79 in Q1 2023, compared to -¥14,108,880.86 in Q1 2022, showing an improvement[22] - The net cash inflow from financing activities for Q1 2023 was ¥10,812,801.65, compared to a net outflow of -¥508,215.33 in Q1 2022, indicating a significant turnaround[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,509,513,559.26, up 1.02% from the end of the previous year[4] - Total assets as of March 31, 2023, were CNY 2,509,513,559.26, compared to CNY 2,484,102,090.30 at the end of 2022[14] - Total liabilities as of March 31, 2023, were CNY 287,147,605.19, a decrease from CNY 294,375,992.92 at the end of 2022[14] - The total liabilities as of March 31, 2023, included accounts payable of ¥37,677,360.79, down from ¥48,518,906.66 as of December 31, 2022, indicating a reduction of approximately 22.5%[25] - The company's total equity increased from CNY 2,189,726,097.38 at the end of 2022 to CNY 2,222,365,954.07 by March 31, 2023[14] Research and Development - Research and development expenses for Q1 2023 amounted to CNY 5,515,065.55, an increase of 10.6% compared to CNY 4,989,176.33 in Q1 2022[17] - Research and development expenses rose to CNY 2,719,853.56 in Q1 2023, up from CNY 1,491,872.78 in Q1 2022, reflecting an increase of approximately 82.3%[28] Investment Income - The company reported an increase in investment income to CNY 40,329,115.88 in Q1 2023, compared to CNY 33,140,214.27 in Q1 2022[17] - The company reported a significant increase in investment income to CNY 40,329,115.88 in Q1 2023 from CNY 33,021,885.50 in Q1 2022, representing an increase of approximately 22.0%[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 23,287[8] - Shareholders' equity attributable to the parent company increased by 1.49% to ¥2,222,365,954.07[4] Cash and Cash Equivalents - Cash and cash equivalents increased from CNY 106,593,055.28 at the end of 2022 to CNY 136,374,118.98 by March 31, 2023[12] - The cash and cash equivalents at the end of Q1 2023 were ¥106,593,055.28, a decrease from ¥192,404,583.70 at the end of Q1 2022[22] - The cash and cash equivalents at the end of Q1 2023 were CNY 77,235,083.99, down from CNY 139,100,444.43 at the end of Q1 2022, a decrease of approximately 44.5%[30]