诺禾致源(688315) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was RMB 440,608,070.50, representing a year-on-year increase of 13.96%[15] - The net profit attributable to shareholders for the same period was RMB 22,501,126.20, reflecting a growth of 19.27% compared to the previous year[15] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 60.88% due to higher sales revenue[23] - The basic and diluted earnings per share were both RMB 0.06, marking a 20.00% increase year-on-year[15] - The total operating revenue for Q1 2023 was CNY 440,608,070.50, representing an increase of 13.96% compared to CNY 386,628,023.16 in Q1 2022[33] - The net profit for Q1 2023 was CNY 24,422,331.28, compared to CNY 20,012,365.86 in Q1 2022, reflecting a growth of 22.99%[34] - The comprehensive income for Q1 2023 totaled CNY 20,232,967.10, an increase from CNY 16,743,883.58 in Q1 2022, marking a rise of 20.00%[34] - The basic earnings per share for Q1 2023 were CNY 0.06, compared to CNY 0.05 in Q1 2022, representing a 20% increase[34] Assets and Liabilities - The company's total assets at the end of the reporting period were RMB 3,080,178,634.03, up 1.05% from the end of the previous year[16] - The total equity attributable to shareholders was RMB 1,984,771,171.77, an increase of 1.01% compared to the previous year[16] - The total liabilities as of the reporting date were CNY 1,082,683,379.87, compared to CNY 1,072,569,721.30 from the previous period, indicating a slight increase of 0.10%[32] - The total equity increased to CNY 1,997,495,254.16 from CNY 1,975,704,645.51, reflecting a growth of 1.10%[32] - Total current assets amounted to CNY 2,082,047,389.48, slightly increasing from CNY 2,018,065,556.96, an increase of about 3.2%[53] - Non-current assets totaled approximately 998.13 million, a decrease from 1,030.21 million[54] Cash Flow - The net cash flow from operating activities was negative at RMB -25,314,401.68, with increased employee compensation and VAT payments contributing to this[24] - Cash inflow from operating activities totaled CNY 412,424,974.15, an increase from CNY 349,751,610.39 in the previous period, representing an increase of approximately 17.9%[36] - Cash outflow from operating activities decreased to CNY 437,739,375.83 from CNY 535,891,915.49, a reduction of about 18.3%[36] - Net cash flow from operating activities improved to -CNY 25,314,401.68 from -CNY 186,140,305.10, indicating a significant reduction in losses[36] - Cash inflow from investment activities was CNY 376,954,964.41, down from CNY 915,741,224.59, a decrease of approximately 58.8%[36] - Cash outflow from investment activities decreased to CNY 889,497,929.61 from CNY 960,077,947.82, a reduction of about 7.4%[36] - Net cash flow from investment activities was -CNY 512,542,965.20, worsening from -CNY 44,336,723.23[36] - Cash inflow from financing activities was CNY 22,450,000.00, down from CNY 52,000,000.00, a decrease of approximately 56.8%[37] - Cash outflow from financing activities decreased to CNY 6,885,657.76 from CNY 56,286,973.22, a reduction of about 87.8%[37] - The ending cash and cash equivalents balance was CNY 301,595,998.13, down from CNY 650,153,286.67, a decrease of approximately 53.7%[37] Expenses - Research and development expenses totaled RMB 22,660,069.00, which is a decrease of 11.31% year-on-year, accounting for 5.14% of operating revenue[16] - The research and development expenses for Q1 2023 were CNY 22,660,069.00, slightly up from CNY 21,864,425.24 in Q1 2022, showing an increase of 3.64%[33] - The financial expenses decreased significantly to CNY 1,133,681.58 in Q1 2023 from CNY 2,407,645.87 in Q1 2022, a reduction of 53.15%[33] - The company reported a decrease in tax expenses to CNY 4,813,280.93 in Q1 2023 from CNY 2,242,155.78 in Q1 2022, indicating a significant increase in profitability[33] Shareholder Information - The total number of common shareholders at the end of the reporting period was 5,044[25] - Accounts payable increased to approximately 187.82 million from 131.65 million, reflecting a growth of about 42.6%[54] - Contract liabilities decreased to approximately 696.94 million from 723.99 million, a decline of about 3.8%[54] - Employee compensation payable decreased to approximately 50.11 million from 61.69 million, a reduction of about 18.7%[54] - Tax payable decreased to approximately 59.92 million from 81.48 million, a decline of about 26.5%[54] - Other payables decreased to approximately 8.66 million from 9.63 million, a reduction of about 10.1%[54] Strategic Outlook - The company is focusing on expanding its market presence and enhancing product development strategies[55] - Future outlook includes potential mergers and acquisitions to strengthen market position[55] - The company plans to invest in new technologies to drive growth and innovation[55]