Sirui(SH:688102)2023-04-25 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 251,372,240.85, representing a year-on-year increase of 5.15%[4] - The net profit attributable to shareholders decreased by 30.75% to CNY 21,642,300.48 compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses increased by 61.31% to CNY 18,702,191.50, driven by growth in various business segments and an increase in high-margin export sales[8] - Total revenue from operating activities in Q1 2023 was CNY 253,533,651.85, up from CNY 204,279,328.80 in Q1 2022, representing an increase of 24.1%[22] - The company reported a total comprehensive income of CNY 21,381,125.85 for Q1 2023, down from CNY 31,025,144.29 in Q1 2022, reflecting a decrease of 30.9%[19] - The company’s total profit for Q1 2023 was CNY 23,216,692.23, a decrease of 31.2% from CNY 33,794,287.20 in Q1 2022[22] Cash Flow and Investments - The company's cash flow from operating activities was negative at CNY -3,914,208.31, an improvement of CNY 74,078,100 compared to the previous year's Q1[8] - The net cash flow from operating activities for Q1 2023 was negative CNY 3,914,208.31, an improvement from negative CNY 77,992,262.80 in Q1 2022[22] - The company incurred a total investment cash outflow of CNY 82,895,489.18 in Q1 2023, compared to CNY 31,091,473.93 in Q1 2022, indicating a significant increase in investment activities[24] Research and Development - Research and development expenses totaled CNY 12,108,028.44, which is 4.82% of operating revenue, an increase of 1.66 percentage points year-on-year[5] - Research and development expenses increased significantly to CNY 12,108,028.44 in Q1 2023, compared to CNY 3,976,571.16 in Q1 2022, marking a growth of 204.1%[22] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,529,293,347.21, reflecting a 2.15% increase from the end of the previous year[5] - Total assets reached CNY 1,529,293,347.21, an increase from CNY 1,497,113,659.06 at the end of 2022, representing a growth of 2.15%[15] - Total liabilities amounted to CNY 493,942,190.63, slightly up from CNY 486,691,206.88 at the end of 2022, indicating an increase of 1.03%[15] - The company's equity attributable to shareholders increased to CNY 1,016,276,146.92 from CNY 993,829,737.89, reflecting a growth of 2.25%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 5,056[10] - The basic and diluted earnings per share were both CNY 0.0541, a decrease of 37.67% year-on-year[4] - The basic and diluted earnings per share for Q1 2023 were CNY 0.0541, down from CNY 0.0868 in Q1 2022, a decrease of 37.5%[19] Financial Ratios - The weighted average return on net assets decreased to 2.15%, down 0.89 percentage points from the previous year[5] - Financial expenses for Q1 2023 were CNY 3,077,278.33, a decrease from CNY 5,587,455.36 in Q1 2022, reflecting a reduction of 45.0%[22] Changes in Assets - The company's cash and cash equivalents decreased to CNY 89,020,861.26 as of March 31, 2023, down from CNY 131,157,856.19 at the end of 2022, representing a decline of 32.19%[13] - Accounts receivable increased to CNY 240,810,304.01 from CNY 220,566,138.12, marking a rise of 9.16%[13] - Inventory rose to CNY 236,213,034.42, compared to CNY 209,599,721.45 at the end of 2022, indicating an increase of 12.68%[13] - Non-current assets totaled CNY 843,661,787.27 as of March 31, 2023, up from CNY 798,691,153.17 at the end of 2022, reflecting a growth of 5.63%[14] - Short-term borrowings rose to CNY 103,756,704.34 from CNY 64,359,087.17, marking an increase of 61.36%[14]