NZP(SH:601018)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was RMB 5,743,859, a decrease of 7.53% compared to RMB 6,211,554 in the same period last year[4]. - Net profit attributable to shareholders was RMB 991,136, down 7.66% from RMB 1,073,441 year-on-year[4]. - Basic and diluted earnings per share decreased by 28.57% to RMB 0.05 from RMB 0.07 in the same period last year[5]. - The weighted average return on equity was 1.37%, down from 1.94% year-on-year[5]. - Net profit for Q1 2023 was CNY 1,107,932, a decline of 4.9% from CNY 1,164,834 in Q1 2022[18]. - Operating profit for Q1 2023 was CNY 247,872,000, a decline of 29% from CNY 348,111,000 in Q1 2022[25]. - Total comprehensive income for Q1 2023 was CNY 236,075,000, compared to CNY 278,178,000 in Q1 2022[26]. Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 96.08%, reaching RMB 3,434,397 compared to RMB 1,751,517 in the previous year[4][8]. - Cash flow from operating activities for Q1 2023 was CNY 171,009,000, down from CNY 183,030,000 in Q1 2022[27]. - The company's cash and cash equivalents stood at RMB 16,695,948, a decrease of 0.6% from RMB 16,792,456 at the end of 2022[12]. - The company's cash and cash equivalents at the end of the period were $15,279,928, an increase from $8,568,622, indicating a strong liquidity position[21]. - The net increase in cash and cash equivalents was $32,596, a recovery from a decrease of $671,694 in the previous year[21]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 108,915,082, a slight increase of 0.03% from RMB 108,879,622 at the end of the previous year[5]. - Total liabilities decreased to RMB 31,322,179 from RMB 32,380,784 at the end of 2022, reflecting a reduction of approximately 3.3%[14]. - The company's total assets increased slightly to $70,924,422 from $70,758,785, showing a marginal growth of about 0.23%[23]. - The total liabilities decreased to $4,996,287 from $5,065,235, representing a reduction of approximately 1.36%[23]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 146,413, with the largest shareholder holding 61.15% of the shares[9]. - The company's total equity increased to RMB 77,592,903, up from RMB 76,500,365, indicating a growth of approximately 1.4%[14]. - The total owner's equity rose to $65,928,135 from $65,693,550, indicating a growth of about 0.36%[24]. Investments and Expenses - The acquisition of a 70% stake in Zhejiang Zhigangtong Technology Co., Ltd. was completed, which is accounted for under the principle of business combinations under common control[6]. - Research and development expenses increased to CNY 31,104, up from CNY 29,079 in the previous year[16]. - Interest expenses for Q1 2023 were CNY 33,895,000, significantly reduced from CNY 63,190,000 in Q1 2022[25]. - Investment income for Q1 2023 was CNY 128,609,000, down from CNY 165,833,000 in Q1 2022[25]. Future Outlook - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[19].