NFLG(SH:603280)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 166,016,305.70, representing a year-on-year increase of 14.63%[4] - The net profit attributable to shareholders for Q1 2023 was CNY 7,796,781.41, reflecting a significant increase of 33.57% compared to the same period last year[4] - The basic earnings per share for Q1 2023 was CNY 0.07, down from CNY 0.18 in the previous year[5] - Total operating revenue for Q1 2023 was CNY 166,016,305.70, an increase of 14.5% compared to CNY 144,827,466.79 in Q1 2022[17] - Net profit for Q1 2023 reached CNY 7,796,781.41, representing a 33.5% increase from CNY 5,837,085.09 in Q1 2022[18] - The total comprehensive income for the first quarter of 2023 was CNY 7,796,781.41, compared to CNY 5,837,085.09 in the same period of 2022, representing a year-over-year increase of approximately 33.5%[19] Assets and Liabilities - The total assets at the end of Q1 2023 amounted to CNY 2,052,708,625.27, which is a 2.41% increase from the end of the previous year[5] - The total assets as of Q1 2023 amounted to CNY 2,052,708,625.27, compared to CNY 2,004,363,158.16 in the previous year, indicating a growth of 2.4%[15] - Total liabilities for Q1 2023 were CNY 876,812,132.21, an increase from CNY 837,065,464.53 in Q1 2022, reflecting a growth of 4.8%[14] - Current liabilities amounted to approximately $825.99 million, consistent with the previous period[27] - Total liabilities were approximately $837.07 million, showing a slight increase from $835.71 million, with a change of $1.36 million[27] - Shareholders' equity totaled approximately $1.167 billion, remaining unchanged from the previous period[27] Cash Flow - The net cash flow from operating activities for Q1 2023 was CNY 7,129,960.01, with an improvement attributed to increased collection rates[7] - The net cash flow from operating activities for Q1 2023 was CNY 7,129,960.01, a significant improvement from a net outflow of CNY 71,136,192.52 in Q1 2022[22] - Cash inflows from operating activities totaled CNY 320,108,755.02, up from CNY 256,087,742.85 in the previous year, indicating a growth of about 25%[21] - The company reported cash and cash equivalents at the end of Q1 2023 amounting to CNY 466,237,825.56, compared to CNY 163,582,351.45 at the end of Q1 2022, reflecting a year-over-year increase of approximately 184%[23] - The net increase in cash and cash equivalents for Q1 2023 was CNY 189,368,123.59, compared to CNY 24,718,818.89 in Q1 2022, showing a substantial improvement[23] Investments and Expenses - Research and development expenses increased to CNY 16,108,822.57 in Q1 2023, compared to CNY 13,109,086.12 in Q1 2022, marking a rise of 22.8%[17] - The company reported non-recurring gains of CNY 5,046,940.90 for the period, with significant contributions from various non-operating income sources[6] - The company received CNY 898,444,000.00 from the recovery of investments in Q1 2023, a substantial rise from CNY 277,803,291.73 in the same quarter of 2022[22] - The total cash outflow from investing activities was CNY 709,846,529.36, compared to CNY 159,663,018.08 in Q1 2022, indicating a significant increase in investment activities[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,890[9] - The largest shareholder, Fang Qingxi, holds 46,300,000 shares, accounting for 42.71% of the total shares[9] Future Outlook - The company did not disclose any new product developments or market expansion strategies in this report[11] - The company plans to continue investing in new product development and market expansion strategies to drive future growth[18] Accounting Standards - The company has implemented new accounting standards starting from January 1, 2023, which may affect future financial reporting[23]