Bluetrum(SH:688332)2023-04-24 16:00Financial Performance - In Q1 2023, the company achieved operating revenue of CNY 307,076,441.03, representing a year-on-year increase of 33.89%[4] - The net profit attributable to shareholders was CNY 49,416,774.84, up 23.05% compared to the same period last year[3] - Total revenue for Q1 2023 reached ¥307,076,441.03, a 34% increase from ¥229,344,084.77 in Q1 2022[20] - Operating profit for Q1 2023 was ¥49,411,774.84, compared to ¥40,150,946.42 in Q1 2022, reflecting a growth of approximately 23%[20] - Net profit attributable to shareholders for Q1 2023 was ¥49,416,774.84, up from ¥40,160,946.42 in Q1 2022, indicating a year-over-year increase of about 23%[21] - The net profit from continuing operations for Q1 2023 was CNY 49.42 million, compared to CNY 40.16 million in Q1 2022, representing an increase of approximately 23.5%[29] - The total comprehensive income for Q1 2023 was CNY 49.42 million, up from CNY 40.16 million in the same period last year, indicating a growth of about 23.5%[29] Research and Development - R&D expenses totaled CNY 29,229,497.99, marking a significant increase of 126.81% year-on-year, accounting for 9.52% of operating revenue[4] - Research and development expenses increased significantly to ¥29,229,497.99 in Q1 2023, compared to ¥12,887,495.70 in Q1 2022, marking an increase of approximately 127%[20] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -1,829,412.26, indicating a shift in cash flow dynamics[3] - Cash inflows from operating activities in Q1 2023 totaled CNY 435.04 million, significantly higher than CNY 264.19 million in Q1 2022, marking an increase of about 64.7%[30] - The net cash flow from operating activities for Q1 2023 was negative CNY 1.83 million, an improvement from negative CNY 15.87 million in Q1 2022[30] - Cash inflow from investment activities was ¥395,000,000.00 in Q1 2023, compared to ¥271,666,441.22 in Q1 2022, representing a growth of approximately 45%[23] - The net cash flow from investment activities for Q1 2023 was negative CNY 8.85 million, a decrease from positive CNY 78.46 million in Q1 2022[31] - The company reported a net cash inflow from financing activities of CNY 119,793,790.00 in Q1 2023, compared to a net outflow of CNY 1,151,289.69 in Q1 2022[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,846,779,934.48, an increase of 3.76% from the previous year[3] - The total assets reached ¥3,846,779,934.48, up from ¥3,707,357,512.43, indicating an increase of approximately 3.8%[16] - The total liabilities increased to ¥249,969,325.28 from ¥160,037,830.52, showing a significant rise of about 56.3%[16] - The total liabilities as of March 31, 2023, were CNY 250,641,544.20, compared to CNY 161,748,164.02 at the end of 2022, showing an increase of approximately 55%[27] - The company's total equity as of March 31, 2023, was CNY 3,596,138,390.28, an increase from CNY 3,545,609,348.41 at the end of 2022, reflecting a growth of about 1.4%[28] Market and Product Strategy - The company plans to continue expanding its smart wearable product line to capture additional market share[4] - The company has not disclosed any new product developments or market expansion strategies in the provided reports[14] Shareholder Information - The weighted average return on equity decreased by 3.11 percentage points to 1.38%[3] - The company reported a basic and diluted earnings per share of ¥0.41 for Q1 2023, down from ¥0.45 in Q1 2022[21] - Basic and diluted earnings per share for Q1 2023 were CNY 0.41, down from CNY 0.45 in Q1 2022, reflecting a decrease of approximately 8.9%[29]