Jalon(SH:688357)2023-04-25 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 325,977,322.88, representing a year-on-year increase of 65.58%[5] - The net profit attributable to shareholders for the same period was CNY 60,546,221.78, up 38.05% compared to the previous year[5] - Basic earnings per share for Q1 2023 reached CNY 1.02, reflecting a growth of 34.21%[6] - Total comprehensive income for Q1 2023 was RMB 58,980,004.08, compared to RMB 43,598,960.75 in Q1 2022, an increase of 35.3%[20] - Operating profit for Q1 2023 was RMB 68,741,645.39, up 35.4% from RMB 50,778,720.23 in Q1 2022[19] Cash Flow and Assets - The net cash flow from operating activities increased significantly by 332.05%, amounting to CNY 46,600,806.44[5] - Cash flow from operating activities for Q1 2023 was RMB 46,600,806.44, significantly higher than RMB 10,785,892.97 in Q1 2022[22] - Cash and cash equivalents stood at CNY 911,566,687.84, significantly higher than CNY 197,605,288.15 at the end of the previous year, showing an increase of approximately 360%[14] - Cash and cash equivalents at the end of Q1 2023 amounted to RMB 802,448,878.91, compared to RMB 434,267,983.98 at the end of Q1 2022, reflecting a 84.7% increase[22] - The company reported cash inflows from investment activities of RMB 812,302,971.01 in Q1 2023, slightly down from RMB 813,028,481.13 in Q1 2022[22] - The net cash flow from financing activities for Q1 2023 was RMB 690,419,913.59, compared to RMB 190,064,928.60 in Q1 2022, indicating a substantial increase[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,029,548,016.96, an increase of 38.58% from the end of the previous year[6] - As of March 31, 2023, the total current assets amounted to CNY 1,917,416,542.88, an increase from CNY 1,136,273,681.28 as of December 31, 2022, reflecting a growth of approximately 68.7%[14] - The total liabilities were reported at CNY 1,294,341,880.71, up from CNY 636,634,383.38, representing a growth of approximately 103.5%[16] - The total equity attributable to shareholders increased to CNY 1,735,206,136.25 from CNY 1,549,425,357.84, marking an increase of about 12%[16] Research and Development - Research and development expenses totaled CNY 13,840,995.82, which is 67.07% higher than the previous year[6] - The proportion of R&D expenses to operating revenue was 4.25%, an increase of 0.04 percentage points[6] - The company attributed revenue growth to the gradual release of new production capacity and optimization of product structure[8] - The increase in net profit was driven by the gradual release of new capacity and enhanced brand influence[8] - The company plans to continue advancing its R&D projects and expanding its production capabilities[8] - Research and development expenses for Q1 2023 totaled RMB 13,840,995.82, compared to RMB 8,284,636.90 in Q1 2022, indicating a 67.5% increase[18] Other Information - The company has not disclosed any new product developments or market expansion strategies in the current report[12] - There are no significant changes in the shareholder structure or related party transactions reported for this quarter[12] - The company has adopted new accounting standards starting from 2023, which may involve adjustments to the financial statements at the beginning of the year[23]