CSPM(SH:601858)2023-04-28 16:00Financial Performance - The company's operating revenue for the first quarter reached ¥450,422,263.42, representing a year-on-year increase of 21.66%[7] - Net profit attributable to shareholders was ¥42,741,976.05, showing a significant increase of 124.95% compared to the same period last year[7] - The basic earnings per share (EPS) was ¥0.0541, reflecting a year-on-year growth of 125.42%[7] - The net profit for Q1 2023 was RMB 39,237,298.08, compared to RMB 15,920,428.62 in Q1 2022, indicating a significant growth[33] - Operating profit for the quarter was RMB 39,312,093.95, up from RMB 15,032,329.41 in the previous year[33] - Total comprehensive income attributable to the parent company was CNY 45,686,199.82, compared to CNY 14,654,533.60 in the previous period, reflecting a significant increase[64] - Basic and diluted earnings per share both increased to CNY 0.05 from CNY 0.02 in the previous period, indicating improved profitability[64] - The total comprehensive income for the period was CNY 42,181,521.85, up from CNY 11,574,026.66 in the previous period, highlighting strong performance[64] Cash Flow and Management - The net cash flow from operating activities was negative at -¥258,851,374.10, indicating a significant cash outflow[7] - Cash flow from operating activities showed a net outflow of RMB -258,851,374.10, slightly improved from RMB -267,118,999.33 in the previous year[36] - Investment activities generated a net cash outflow of RMB -435,289,240.55, compared to RMB -1,079,351,472.96 in Q1 2022, indicating improved cash management[36] - The net cash flow from financing activities was CNY -4,203,442.70, slightly better than CNY -4,437,728.87 in the previous period, showing a reduction in cash outflow[70] - The net increase in cash and cash equivalents was CNY -696,257,318.40, compared to CNY -1,350,271,188.70 in the previous period, showing an improvement in cash management[70] Assets and Liabilities - Total assets decreased by 2.32% to ¥6,630,819,182.59 compared to the end of the previous year[8] - The total current assets decreased to ¥3,862,650,559.56 from ¥4,698,779,431.11, a decline of approximately 17.8%[62] - Non-current assets increased to ¥2,768,168,623.03 from ¥2,089,759,978.98, reflecting a growth of about 32.5%[62] - The total liabilities decreased to ¥1,702,505,846.61 from ¥1,902,407,595.96, a reduction of about 10.5%[50] - The total equity attributable to shareholders increased to ¥4,874,240,568.70 from ¥4,828,554,368.88, showing a growth of approximately 0.9%[50] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 36,344[23] - The largest shareholder, China Science Publishing Group, holds 74.40% of the shares[23] Research and Development - Research and development expenses decreased by 30.13% during the reporting period[11] - Research and development expenses decreased to RMB 1,137,263.64 from RMB 1,627,711.50, reflecting a focus on cost management[32] Other Comprehensive Income - Other comprehensive income after tax for the quarter was RMB 2,944,223.77, recovering from a loss of RMB -4,346,401.96 in the same period last year[33] - The company recorded a reclassification adjustment of CNY 1,241,886.07 in other comprehensive income, compared to a loss of CNY -4,440,324.04 in the previous period[64] Financial Position - As of March 31, 2023, the company's cash and cash equivalents amounted to ¥1,643,280,812.89, a decrease of approximately 29.8% from ¥2,339,588,131.29 as of December 31, 2022[47] - The trading financial assets increased significantly to ¥676,430,200.00 from ¥33,616,519.94, marking a growth of approximately 1,908.5%[47] - Accounts payable decreased to ¥660,177,625.11 from ¥731,923,143.39, reflecting a reduction of about 9.8%[49] - Contract liabilities decreased to ¥748,181,470.79 from ¥838,912,219.78, indicating a decline of approximately 10.8%[49]