RSIT(SH:688215)2023-04-25 16:00Financial Performance - The company's operating revenue for Q1 2023 reached ¥74,322,715.26, representing a year-on-year increase of 60.88%[5] - Net profit attributable to shareholders was ¥3,567,137.34, marking a significant increase of 100.94% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥2,360,516.46, reflecting a substantial growth of 229.02% year-on-year[5] - Basic and diluted earnings per share were both ¥0.09, an increase of 125.00% compared to the previous year[6] - Total revenue for Q1 2023 reached ¥74,322,715.26, a 60.8% increase from ¥46,197,644.21 in Q1 2022[20] - Operating profit for Q1 2023 was ¥6,137,309.74, compared to ¥1,679,199.42 in Q1 2022, reflecting a significant growth[21] - Net profit for Q1 2023 was ¥5,206,526.52, up from ¥1,315,359.06 in Q1 2022, indicating a year-over-year increase of 296.5%[21] - Earnings per share for Q1 2023 were ¥0.09, compared to ¥0.04 in Q1 2022, marking a 125% increase[22] - The company reported a total comprehensive income of ¥5,206,526.52 for Q1 2023, compared to ¥1,315,359.06 in Q1 2022[22] Research and Development - Research and development expenses totaled ¥6,360,803.33, which is 8.56% of operating revenue, although this represents a decrease of 1.88 percentage points from the previous year[6] - Research and development expenses increased to ¥6,360,803.33 in Q1 2023 from ¥4,823,457.46 in Q1 2022, representing a 32% rise[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥742,270,961.50, an increase of 3.43% from the end of the previous year[6] - The total assets as of March 31, 2023, amounted to RMB 742,270,961.50, an increase from RMB 717,653,464.24 as of December 31, 2022, reflecting a growth of approximately 3.8%[16] - The total current liabilities increased to RMB 267,758,547.88 from RMB 247,783,571.77, representing an increase of about 8.1%[18] - The company's cash and cash equivalents decreased to RMB 90,323,933.98 from RMB 94,928,955.32, a decline of approximately 4.3%[16] - Accounts receivable decreased to RMB 156,938,260.48 from RMB 172,066,803.78, indicating a reduction of about 8.8%[16] - Inventory increased to RMB 168,460,856.77 from RMB 133,823,512.55, showing a growth of approximately 25.9%[17] - The total non-current liabilities decreased to RMB 2,116,097.39 from RMB 2,680,102.77, a decline of about 21%[18] - The total equity remained stable at RMB 331,396,316.23, unchanged from the previous reporting period[18] - The total equity attributable to shareholders increased to ¥444,961,837.48 in Q1 2023 from ¥441,394,700.12 in Q1 2022[20] Cash Flow - The company reported a net cash flow from operating activities of -¥329,169.43, which is not applicable for year-on-year comparison[5] - Cash inflow from operating activities was ¥109,703,294.36 in Q1 2023, significantly higher than ¥59,067,812.52 in Q1 2022[23] - The net cash flow from operating activities was -329,169.43, compared to -27,537,273.09 in the previous year, indicating a significant improvement in cash flow management[25] - Total cash outflow from operating activities amounted to 110,032,463.79, up from 86,605,085.61 year-over-year[25] - Cash inflow from investment activities was 10,000,000.00, down from 60,842,563.23 in the previous year, reflecting a decrease in investment recovery[25] - The net cash flow from investment activities was -7,375,460.77, a decline from 48,463,536.76 in the previous year, indicating reduced investment returns[25] - Cash inflow from financing activities increased to 7,654,975.36 from 1,000,000.00, showing improved financing efforts[25] - The net cash flow from financing activities was 4,687,833.95, compared to -8,702,039.26 in the previous year, indicating a positive shift in financing strategy[25] - The net increase in cash and cash equivalents was -3,330,021.34, contrasting with a positive increase of 12,219,105.90 in the previous year[26] - The ending balance of cash and cash equivalents was 88,934,433.98, compared to 69,149,594.45 at the end of the previous year, showing a year-over-year increase[26] Future Outlook - The increase in operating revenue is attributed to the recovery of market demand and enhanced technological innovation and marketing efforts[9] - The company plans to continue expanding its market presence and strengthening internal management to further enhance profitability[9] Employee and Tax Expenses - The company reported a significant increase in cash paid to employees, totaling 23,355,123.96, compared to 19,962,167.40 in the previous year[25] - Tax payments increased to 8,237,000.56 from 1,697,296.60, reflecting higher tax obligations[25]