Luster(SH:688400)2023-04-25 16:00Financial Performance - The company achieved operating revenue of CNY 550.52 million in Q1 2023, representing a year-on-year increase of 4.76%[6] - Net profit attributable to shareholders was CNY 10.17 million, a significant turnaround from a loss in the same period last year, with an increase of CNY 24.82 million[6] - Total revenue for Q1 2023 was CNY 550,518,194.49, an increase from CNY 525,519,405.28 in Q1 2022, representing a growth of approximately 4.3%[34] - Net profit for Q1 2023 was CNY 8,817,362.28, a significant improvement compared to a net loss of CNY 16,075,230.86 in Q1 2022[38] - The net profit attributable to the parent company shareholders for Q1 2023 is ¥10,171,835.11, compared to a net loss of ¥14,645,394.65 in Q1 2022[40] - The total comprehensive income attributable to the parent company owners for Q1 2023 is ¥7,316,337.91, while it was a loss of ¥13,818,731.54 in the same period last year[40] Research and Development - R&D investment totaled CNY 102.25 million, up 23.78% year-on-year, accounting for 18.57% of operating revenue, an increase of 2.85 percentage points[9] - Research and development expenses rose to CNY 102,248,637.33 in Q1 2023, up from CNY 82,602,361.70 in Q1 2022, reflecting a growth of approximately 23.7%[38] - Research and development expenses increased to CNY 53.86 million in Q1 2023 from CNY 48.58 million in Q1 2022, reflecting a growth of about 10.0%[57] Sector Performance - Revenue from the consumer electronics sector reached CNY 129.77 million, a remarkable growth of 144.30% year-on-year[9] - Revenue from the cultural metaverse sector grew by 46.26% year-on-year, driven by the launch of several self-developed products[9] - Revenue from the new energy sector increased by 47.58% year-on-year, enhancing the company's product layout in the lithium battery market[9] Cash Flow and Liquidity - The net cash flow from operating activities was CNY 83.41 million, a significant increase of CNY 150.33 million compared to the same period last year[9] - Cash inflow from operating activities for Q1 2023 is ¥760,193,715.51, significantly up from ¥445,112,418.41 in Q1 2022, representing an increase of approximately 70.7%[46] - The net cash flow from operating activities for Q1 2023 is ¥83,410,988.47, compared to a net outflow of ¥66,923,689.77 in Q1 2022[46] - The cash inflow from operating activities was CNY 284,690,898.10, an increase of 30.7% compared to CNY 217,716,492.93 in Q1 2022[62] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4.84 billion, a decrease of 3.29% from the end of the previous year[9] - The total assets as of the end of the reporting period were CNY 4,842,105,193.40, down from CNY 5,007,045,116.53 at the end of the previous period[33] - Total liabilities decreased to CNY 935,271,790.17 from CNY 1,109,822,117.12, showing a reduction of approximately 15.7%[33] - The total liabilities were reported at CNY 503.10 million, down from CNY 521.93 million in the previous year, showing a decrease of approximately 3.6%[54] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,417, with the largest shareholder holding 43.20%[25] - The company's equity attributable to shareholders increased to CNY 3,901,542,704.90 from CNY 3,890,949,471.25, indicating a slight growth of about 0.3%[33] - The total equity increased to CNY 3.80 billion from CNY 3.77 billion year-over-year, representing a growth of about 0.3%[54] Future Outlook - The company plans to expand its market presence and invest in new product development in the upcoming quarters[27] - Future performance guidance indicates a cautious outlook due to market volatility and economic conditions[27] Miscellaneous - The company reported a diluted earnings per share of CNY 0.02 for Q1 2023[8] - The weighted average return on net assets was 0.26% for the reporting period[8] - The company reported a significant increase in user engagement metrics, although specific figures were not disclosed[27]