JHT(SH:603061)2023-04-25 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥101,551,353.20, representing a decrease of 4.16% compared to the same period last year[5] - The net profit attributable to shareholders was ¥31,895,800.67, down 9.79% year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥30,956,681.94, a decline of 14.84% compared to the previous year[5] - The basic earnings per share for the period was ¥0.64, down 18.99% year-on-year[6] - Total operating revenue for Q1 2023 was CNY 105,964,308.57, a 4.2% increase from CNY 101,551,353.20 in Q1 2022[22] - Net profit for Q1 2023 was CNY 35,356,461.87, up 10.4% from CNY 31,895,800.67 in Q1 2022[23] - Basic and diluted earnings per share increased to CNY 0.79 in Q1 2023 from CNY 0.64 in Q1 2022[24] - The company reported a total comprehensive income of CNY 35,329,584.73 for Q1 2023, compared to CNY 31,801,794.80 in Q1 2022, reflecting an increase of 11.8%[24] Cash Flow and Liquidity - The net cash flow from operating activities was -¥32,174,628.08, a significant decrease of 235.94%[10] - Cash inflow from operating activities totaled CNY 66,462,163.61 in Q1 2023, down from CNY 92,654,276.42 in Q1 2022, a decline of 28.3%[24] - The net cash flow from operating activities was -$32,174,628.08, compared to -$9,577,579.90 in the previous year, indicating a significant decline in operational performance[25] - The ending cash and cash equivalents balance was $546,867,656.71, up from $164,199,827.50 year-over-year, indicating strong liquidity[26] - The total cash and cash equivalents increased by $443,581,962.22 during the quarter, contrasting with a decrease of $23,964,913.82 in the same period last year[25] Assets and Liabilities - Total assets at the end of the period were ¥1,619,981,672.00, an increase of 98.26% from the end of the previous year[6] - Shareholders' equity attributable to the parent company was ¥1,361,352,374.60, up 133.61% compared to the end of the previous year[6] - As of March 31, 2023, the company's total assets amounted to RMB 1,619,981,672, an increase from RMB 817,116,844.53 at the end of 2022[18] - Total liabilities decreased from RMB 1,000,000,000 to RMB 900,000,000, indicating a reduction in financial leverage[18] - Total liabilities increased to CNY 258,629,297.40 in Q1 2023 from CNY 234,378,139.64 in Q1 2022, marking an increase of 10.3%[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,424[12] - The company completed its initial public offering of 15 million shares at a price of RMB 58.58 per share, raising a total of RMB 878.70 million, with a net amount of RMB 746.81 million after expenses[16] Investment and Expansion - The company is focusing on expanding its market presence and developing new technologies to enhance its competitive edge[15] - Future guidance indicates a positive outlook for revenue growth driven by new product launches and market expansion strategies[15] - The company spent $450,000,000.00 on investments, a sharp increase from $35,000,000.00 year-over-year, indicating aggressive expansion strategies[25] Research and Development - Research and development expenses decreased to CNY 6,117,260.84 in Q1 2023 from CNY 8,200,494.27 in Q1 2022, a reduction of 25.4%[22]