R&Y(SH:603286)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥162,368,217.37, representing a year-on-year increase of 9.80%[5] - The net profit attributable to shareholders for Q1 2023 was ¥2,937,735.14, showing a decrease of 11.57% compared to the same period last year[5] - The basic earnings per share for Q1 2023 was ¥0.03, down by 25.00% year-on-year[6] - The company reported a decrease in net profit due to increased tax and wage payments compared to the previous period[10] - The company's total equity as of March 31, 2023, was ¥483,920,104.34, compared to ¥480,484,476.25 in Q1 2022, reflecting a modest increase[20] - The company reported a net profit margin of approximately -0.22% for Q1 2023, indicating a slight loss compared to the previous year's profit margin[22] - In Q1 2023, the company's net profit was CNY 3,319,483.03, a decrease of 22.5% compared to CNY 4,278,708.68 in Q1 2022[23] - The total revenue from operating activities was CNY 159,307,919.52, up from CNY 147,155,972.55 in the same period last year, representing an increase of 8.7%[25] - The company's operating profit was CNY 2,034,794.90, down 53.3% from CNY 4,352,134.07 in the previous year[23] - The company reported a total comprehensive income of CNY 3,435,628.09, compared to CNY 4,278,708.68 in the previous year, indicating a decline of 19.7%[24] - Basic and diluted earnings per share were both CNY 0.03, down from CNY 0.04 in Q1 2022[24] Assets and Liabilities - The total assets at the end of Q1 2023 amounted to ¥1,184,288,238.22, reflecting a 1.06% increase from the end of the previous year[6] - As of March 31, 2023, total assets amounted to ¥1,184,288,238.22, a slight increase from ¥1,171,889,404.59 at the end of Q1 2022[20] - Total liabilities as of March 31, 2023, were ¥700,368,133.88, compared to ¥691,404,928.34 in Q1 2022, indicating a year-over-year increase of 1.4%[20] - Cash and cash equivalents as of March 31, 2023, were ¥111,303,865.37, an increase from ¥99,432,505.34 in the previous year[18] - Inventory as of March 31, 2023, was ¥171,519,987.68, slightly up from ¥170,783,683.14 in Q1 2022[18] - The cash and cash equivalents at the end of the period totaled CNY 99,229,608.71, down from CNY 107,824,213.07 at the end of Q1 2022[27] Cash Flow - The net cash flow from operating activities for Q1 2023 was -¥25,477,676.11, indicating a significant cash outflow[5] - The cash flow from operating activities showed a net outflow of CNY 25,477,676.11, worsening from a net outflow of CNY 10,631,788.06 in Q1 2022[26] - The company experienced a net cash outflow from investing activities of CNY 67,870,540.76, compared to a net outflow of CNY 36,299,410.94 in Q1 2022[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,598[12] - The largest shareholder, 是蓉珠, holds 24.61% of the shares, with 11,000,000 shares pledged[12] Government Subsidies and Funding - The company received government subsidies amounting to ¥775,076.50, which are closely related to its normal business operations[7] - The company plans to issue up to 26,422,800 shares to raise no more than ¥398,140,000 for capacity construction of automotive smart cockpit electronic products and to supplement working capital[14] - The company raised CNY 231,000,000.00 in borrowings during the quarter, an increase from CNY 129,000,000.00 in the same period last year[27] Operating Costs - Total operating costs for Q1 2023 were ¥162,718,982.91, up from ¥147,188,616.70 in Q1 2022, reflecting a year-over-year increase of 10.5%[22] - Operating costs specifically rose to ¥135,282,362.61 in Q1 2023, compared to ¥118,779,884.58 in Q1 2022, marking a 13.9% increase[22] - Research and development expenses increased to CNY 8,602,859.23, compared to CNY 8,247,570.95 in Q1 2022, reflecting a growth of 4.3%[23]