Inform(603066)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥212,455,622.71, representing a year-on-year increase of 4.46%[5] - Net profit attributable to shareholders was ¥47,538,210.87, showing a significant increase of 118.26% compared to the same period last year[5] - Basic earnings per share (EPS) reached ¥0.1616, reflecting a growth of 118.38% year-on-year[5] - Total operating revenue for Q1 2023 reached ¥212,455,622.71, an increase of 4.9% compared to ¥203,393,194.12 in Q1 2022[16] - Net profit for Q1 2023 was ¥47,529,484.51, representing a significant increase of 117.5% from ¥21,815,293.60 in Q1 2022[19] - The company reported a profit before tax of ¥49,258,476.73 for Q1 2023, compared to ¥23,588,089.73 in Q1 2022, reflecting a growth of 108.8%[19] - The total comprehensive income for Q1 2023 was CNY 47,136,746.63, compared to CNY 21,600,018.54 in Q1 2022, representing an increase of approximately 118%[20] - Basic and diluted earnings per share for Q1 2023 were CNY 0.1616, up from CNY 0.0740 in Q1 2022, indicating a growth of 118%[20] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥3,198,771,317.45, up 5.23% from the end of the previous year[6] - The company's total liabilities as of Q1 2023 amounted to ¥1,887,806,637.61, compared to ¥1,773,376,671.47 in the previous year, indicating a growth of 6.4%[16] - The total equity attributable to shareholders of the parent company increased to ¥1,308,906,813.57 in Q1 2023, up from ¥1,261,761,340.58 in Q1 2022, marking a rise of 3.7%[16] - Total current assets as of March 31, 2023, amount to ¥2,255,184,860.17, an increase from ¥2,117,528,045.36 as of December 31, 2022[14] - Total assets as of March 31, 2023, are ¥3,198,771,317.45, up from ¥3,039,719,153.16[14] Cash Flow - Net cash flow from operating activities for Q1 2023 was CNY 201,658.96, a significant improvement from a net outflow of CNY 39,902,701.50 in Q1 2022[21] - Cash inflow from operating activities totaled CNY 248,144,251.81 in Q1 2023, down from CNY 283,331,030.75 in Q1 2022, reflecting a decrease of approximately 12.4%[21] - Cash outflow from operating activities was CNY 247,942,592.85 in Q1 2023, compared to CNY 323,233,732.25 in Q1 2022, showing a reduction of about 23.2%[21] - Cash flow from investing activities generated a net inflow of CNY 16,499,192.30 in Q1 2023, compared to a net outflow of CNY 330,446,289.26 in Q1 2022[21] - Total cash and cash equivalents at the end of Q1 2023 were CNY 207,486,207.31, slightly up from CNY 207,358,438.56 at the end of Q1 2022[21] - The company experienced a net increase in cash and cash equivalents of CNY 16,053,503.05 in Q1 2023, contrasting with a net decrease of CNY 285,039,920.24 in Q1 2022[21] Shareholder Information - Total number of common shareholders at the end of the reporting period is 21,354[10] - The largest shareholder, Jingdezhen Ceramic Culture Tourism Holding Group Co., Ltd., holds 90,180,800 shares, accounting for 29.99% of total shares[10] Operational Metrics - The weighted average return on equity (ROE) increased by 1.82 percentage points to 3.70%[6] - Research and development expenses for Q1 2023 were ¥7,783,956.03, an increase of 15.0% from ¥6,767,366.29 in Q1 2022[16] - The company experienced a decrease in credit impairment losses, which were ¥5,558,872.60 in Q1 2023, down from ¥8,600,076.10 in Q1 2022[19] - Other income for Q1 2023 was reported at ¥7,363,796.62, compared to ¥4,787,539.86 in Q1 2022, showing an increase of 54.0%[19] Changes in Financial Position - The company reported a 58.10% increase in accounts receivable financing, attributed to an increase in bank acceptance bills received during the reporting period[8] - Contract liabilities grew by 22.51%, driven by an increase in sales orders and advance payments from customers[8] - The fair value gains on financial assets surged by 225.45%, primarily due to the fair value changes of equity holdings in Nod Logistics and Jingsong Intelligent[8] - The company experienced a 40.53% rise in taxes paid, linked to an increase in sales orders leading to higher VAT and additional tax payments[8] - Cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets decreased by 78.12%, indicating a reduction in project payments compared to the previous year[8] Inventory and Receivables - Accounts receivable decreased to ¥634,912,003.45 from ¥683,177,321.57, indicating a reduction of approximately 7.1%[13] - Inventory increased to ¥939,620,278.25 from ¥839,096,202.19, reflecting a growth of about 11.9%[14] - Short-term borrowings increased to ¥40,000,000.00 from ¥30,025,000.00, representing a rise of 33.1%[14] - The company has a goodwill amounting to ¥378,664,532.12, unchanged from the previous period[14] Strategic Focus - The company is focusing on expanding its market presence and enhancing product development strategies[12]