NBFB(SH:600768)2023-04-24 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥67,260,470.64, representing a year-on-year increase of 20.18%[5] - The net profit attributable to shareholders was ¥746,807.44, with a significant decrease in net profit after deducting non-recurring gains and losses, amounting to -¥897,424.20[5] - The net profit for Q1 2023 was RMB 746,807.44, a significant recovery from a net loss of RMB 1,738,108.36 in Q1 2022[18] - In Q1 2023, the company reported a total comprehensive income of ¥746,807.44, compared to a loss of ¥1,738,108.36 in Q1 2022[19] - Basic and diluted earnings per share for Q1 2023 were both ¥0.006, an improvement from a loss of ¥0.013 per share in Q1 2022[19] Cash Flow - The net cash flow from operating activities was -¥13,004,080.95, indicating a negative cash flow situation[5] - Cash inflow from operating activities was ¥58,897,268.97 in Q1 2023, down from ¥63,989,340.78 in Q1 2022[21] - Cash outflow from operating activities totaled ¥71,901,349.92 in Q1 2023, compared to ¥79,651,041.29 in Q1 2022[21] - The net cash flow from operating activities was -¥13,004,080.95 in Q1 2023, an improvement from -¥15,661,700.51 in Q1 2022[21] - The company recorded a net cash outflow from investing activities of -¥23,530.00 in Q1 2023, down from a positive cash inflow of ¥13,261,918.36 in Q1 2022[22] - The net cash outflow from financing activities was -¥174,000.00 in Q1 2023, with no cash inflow recorded[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥559,962,380.16, showing a slight increase of 0.03% compared to the end of the previous year[6] - The total assets of the company as of March 31, 2023, were RMB 559,962,380.16, slightly up from RMB 559,788,818.64 at the end of 2022[16] - The total liabilities decreased to RMB 166,714,574.59 in Q1 2023 from RMB 167,287,820.51 at the end of 2022[16] - The company's equity attributable to shareholders increased to RMB 393,247,805.57 as of March 31, 2023, compared to RMB 392,500,998.13 at the end of 2022[16] Shareholder Information - The total number of common shareholders at the end of the reporting period was 14,143[10] - The largest shareholder, Ningbo Fubang Holdings Group Co., Ltd., held 49,820,082 shares, accounting for 37.25% of the total shares[10] Operational Efficiency - The company plans to focus on improving operational efficiency and reducing costs in the upcoming quarters[8] - The company reported a significant reduction in management expenses, which fell to RMB 1,897,793.45 in Q1 2023 from RMB 3,756,728.25 in Q1 2022, a decrease of 49.5%[18] - The total operating costs for Q1 2023 were RMB 67,918,083.10, up from RMB 58,867,782.68 in Q1 2022, reflecting a year-over-year increase of 15.5%[17] Accounts Receivable and Cash Management - Accounts receivable increased to RMB 32,038,249.98 in Q1 2023, compared to RMB 26,989,261.77 at the end of 2022, indicating a growth of 18.5%[14] - The company's cash and cash equivalents decreased to RMB 133,076,188.02 as of March 31, 2023, down from RMB 144,777,788.97 at the end of 2022[14] - Cash and cash equivalents at the end of Q1 2023 were ¥84,576,178.02, compared to ¥25,785,202.54 at the end of Q1 2022[22] - The company received cash from sales of goods and services amounting to ¥56,199,362.14 in Q1 2023, an increase from ¥41,440,295.32 in Q1 2022[20] Research and Development - The company did not report any research and development expenses for Q1 2023, indicating a potential area for future investment[18]