JZNEE(SH:603507)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 reached ¥954,207,755.17, representing a year-on-year increase of 112.53%[5] - The net profit attributable to shareholders was ¥47,199,178.96, reflecting a significant increase of 156.48% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥46,430,538.28, which is an increase of 263.59% year-on-year[5] - The basic earnings per share for the period was ¥0.33, marking a 120% increase from the previous year[6] - Net profit for Q1 2023 was ¥50,177,792.92, representing a 135.5% increase from ¥21,325,239.67 in Q1 2022[19] - The total cost of operations in Q1 2023 was ¥880,931,803.82, an increase of 105.5% from ¥429,210,693.28 in Q1 2022[17] - The company reported a total comprehensive income of ¥50,177,792.92 for Q1 2023, compared to ¥21,325,239.67 in Q1 2022[19] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥37,022,512.90, a decline of 162.49% compared to the same period last year, primarily due to increased cash payments for materials and services[5][8] - The net cash flow from operating activities for Q1 2023 was -¥37,022,512.90, a decline from ¥59,246,278.55 in Q1 2022[20] - The cash received from sales of goods and services was ¥634,954,646.53, slightly down from ¥656,642,669.81 in Q1 2022[20] - The net cash flow from investment activities was $1,455,432.02, a decrease of $50,568,728.50 compared to the previous period[21] - Cash inflow from financing activities totaled $426,235,538.82, an increase of $58,883,787.84 year-over-year[21] - The net cash flow from financing activities was $47,413,640.34, recovering from a negative cash flow of $20,008,552.70 in the previous period[21] - The total cash and cash equivalents at the end of the period reached $462,476,313.14, up from $451,275,226.55 at the beginning of the period[21] - The cash outflow for investing activities was $145,195,390.42, compared to $69,900,717.55 in the previous period[21] - The cash inflow from borrowing was $202,642,228.55, an increase from $192,420,656.65 year-over-year[21] - The impact of exchange rate changes on cash and cash equivalents was a negative $645,472.87[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,545,926,648.33, an increase of 1.43% from the end of the previous year[6] - The company's total liabilities amounted to ¥3,176,572,679.68, slightly down from ¥3,178,883,603.85 in the previous year[17] - The equity attributable to shareholders increased to ¥2,296,506,105.95, up 2.55% from the previous year-end[6] - The total equity attributable to shareholders increased to ¥2,296,506,105.95, up from ¥2,239,478,132.64 year-over-year[17] - The company's short-term borrowings rose to ¥930,990,475.85 from ¥898,126,755.83, representing an increase of about 3.4%[15] - The total current liabilities were not explicitly stated, but the increase in short-term borrowings suggests a potential rise in overall liabilities[15] - The company reported a total non-current asset value of ¥2,402,579,474.88, up from ¥2,377,877,983.14, indicating a growth of approximately 1.0%[15] Shareholder Information - The company reported a total of 14,498 common shareholders at the end of the reporting period[10] - The largest shareholder, Hu Zhen, holds 22.22% of the shares, amounting to 31,697,042 shares, with some shares pledged[10] Research and Development - Research and development expenses for Q1 2023 were ¥24,686,866.06, compared to ¥12,091,991.36 in Q1 2022, indicating a 104.9% increase[17] Market Activity - The company has not disclosed any new product developments or market expansion strategies in the current report[13] - There are no significant mergers or acquisitions reported during the quarter[13]