JXAC(SH:600495)2023-04-25 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥168,077,927.33, representing a year-on-year increase of 34.38%[4] - Total revenue for Q1 2023 was CNY 168,077,927.33, an increase from CNY 125,075,041.08 in Q1 2022, representing a growth of approximately 34.4%[15] - The net profit attributable to shareholders was a loss of ¥17,174,748.84, with a net profit excluding non-recurring gains and losses of ¥25,326,990.93[4] - Net profit for Q1 2023 was a loss of CNY 17,174,748.84, compared to a loss of CNY 33,564,608.15 in Q1 2022, showing an improvement of approximately 48.9%[17] - Operating profit for Q1 2023 was a loss of CNY 17,666,526.55, which is an improvement from a loss of CNY 34,377,004.19 in Q1 2022[16] Cash Flow - The net cash flow from operating activities was negative at ¥142,159,367.75[4] - In Q1 2023, the cash inflow from operating activities was CNY 200,595,844.16, a decrease of 5.6% compared to CNY 212,948,461.25 in Q1 2022[19] - The net cash outflow from operating activities was CNY -142,159,367.75, worsening from CNY -98,774,869.67 in the same period last year[20] - The total cash outflow from operating activities was CNY 342,755,211.91, which is an increase of 9.9% from CNY 311,723,330.92 in Q1 2022[20] - The company received CNY 4,123,260.93 in tax refunds during Q1 2023, contributing to the cash inflow[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,871,622,221.40, a decrease of 1.92% compared to the end of the previous year[4] - Total assets as of Q1 2023 were CNY 3,871,622,221.40, a decrease from CNY 3,947,220,321.03 at the end of the previous period[14] - Total liabilities for Q1 2023 were CNY 645,250,498.58, down from CNY 708,298,879.78 in the previous period[14] - The company's total equity as of Q1 2023 was CNY 3,226,371,722.82, slightly decreasing from CNY 3,238,921,441.25[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 89,070[9] - The largest shareholder, Jinxin Industrial Group Co., Ltd., held 30.79% of the shares, totaling 372,014,755 shares[9] Operating Costs and Expenses - Total operating costs for Q1 2023 were CNY 189,473,550.99, up from CNY 162,971,403.39 in Q1 2022, indicating an increase of about 16.2%[16] - Research and development expenses for Q1 2023 amounted to CNY 15,757,949.25, compared to CNY 12,295,861.99 in Q1 2022, reflecting an increase of about 28.9%[16] - The company paid CNY 54,882,650.94 to employees, which is an increase of 10.4% from CNY 49,676,735.44 in Q1 2022[20] Government Support - The company received government subsidies amounting to ¥2,628,900.01 during the reporting period[6] Investment Activities - Cash inflow from investment activities totaled CNY 675,847,686.86, down from CNY 774,347,386.59 in Q1 2022, representing a decline of 12.7%[20] - The net cash outflow from investment activities was CNY -139,152,698.57, an improvement from CNY -167,537,472.40 in Q1 2022[20] - The company’s cash flow from investment activities included CNY 670,000,000.00 received from the recovery of investments, down from CNY 768,797,232.19 in Q1 2022[20] Earnings Per Share - The basic and diluted earnings per share for Q1 2023 were both CNY -0.01, an improvement from CNY -0.03 in Q1 2022[17] Other Information - The company has not disclosed any new product developments or market expansion strategies in this report[11] - The weighted average return on net assets was -0.53%, an increase of 0.51 percentage points compared to the previous period[4] - Deferred income tax assets increased to CNY 14,040,155.66 in Q1 2023 from CNY 13,555,034.30 in the previous period[14]