AsAc(SH:601890)2023-04-28 16:00Financial Performance - In Q1 2023, the company reported a net profit of ¥59,919,070.26, a significant increase from ¥26,427,771.04 in Q1 2022, representing a growth of approximately 126.4%[8] - The company achieved an operating profit of ¥69,909,674.33 in Q1 2023, compared to ¥34,683,325.02 in the same period last year, marking an increase of approximately 101.5%[8] - Net profit attributable to shareholders was ¥58,956,227.08, reflecting a significant increase of 122.02% compared to the same period last year[15] - The company reported a 126.73% increase in net profit, driven by a 38.17% growth in revenue and a 426.96% increase in non-recurring gains[18] - Basic and diluted earnings per share for Q1 2023 were both ¥0.0615, compared to ¥0.0277 in Q1 2022, indicating an increase of approximately 121.7%[10] Revenue and Sales - Total revenue from sales and services received cash of ¥553,151,957.69 in Q1 2023, up from ¥287,086,969.82 in Q1 2022, indicating an increase of about 92.8%[10] - Revenue for the first quarter reached ¥489,114,052.60, representing a year-on-year increase of 38.17%[15] - Total operating revenue for Q1 2023 reached ¥489,114,052.60, a significant increase of 38.2% compared to ¥353,981,692.26 in Q1 2022[45] Cash Flow and Investments - Operating cash flow generated a net outflow of ¥47,196,771.14 in Q1 2023, compared to a net inflow of ¥71,598,455.39 in Q1 2022[3] - The net cash inflow from investment activities was ¥111,966,603.24 in Q1 2023, compared to ¥25,065,558.49 in Q1 2022, reflecting a substantial increase[3] - The company’s financing activities generated a net cash inflow of ¥96,238,125.01 in Q1 2023, reversing from a net outflow of ¥2,550,000.00 in Q1 2022[3] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,680,888,857.29, up 1.43% from the previous year-end[16] - Total current assets as of March 31, 2023, amounted to ¥3,860,268,262.74, an increase from ¥3,776,515,727.05 in the previous year, reflecting a growth of approximately 2.22%[43] - Total liabilities as of March 31, 2023, were ¥1,266,854,417.37, slightly up from ¥1,260,815,832.64, showing a marginal increase of about 0.03%[44] Expenses - Total operating costs for Q1 2023 were ¥434,364,444.18, up 38.7% from ¥313,008,200.64 in Q1 2022[45] - Financial expenses surged by 318.87%, primarily due to increased exchange losses and decreased interest income[18] - Selling expenses increased to ¥18,685,227.44, compared to ¥12,195,607.78 in Q1 2022, reflecting a growth of 53.6%[45] - Management expenses rose to ¥26,247,696.13, compared to ¥23,114,787.41 in the previous period, indicating an increase of 9.2%[45] Research and Development - Research and development expenses rose by 56.05% due to increased investment in R&D during the reporting period[18] - Research and development expenses increased to ¥15,394,460.24 in Q1 2023, representing a 55.7% rise from ¥9,865,056.01 in Q1 2022[45] Shareholder Information - The total number of common shareholders at the end of the reporting period was 100,167, with the largest shareholder holding 27.70% of the shares[39] - Total equity attributable to shareholders of the parent company rose to ¥3,315,112,203.06, compared to ¥3,256,155,975.98 in the previous period[45] Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters[40]