萤石网络(688475) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥1,079,187,249.83, representing a year-on-year increase of 4.27%[4] - The net profit attributable to shareholders for Q1 2023 was ¥91,170,866.24, reflecting a significant increase of 33.70% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was ¥90,132,003.83, which is up by 34.17% year-on-year[5] - Operating profit for Q1 2023 was RMB 112,203,350.75, compared to RMB 59,915,058.83 in Q1 2022, reflecting a significant increase[17] - Net profit for Q1 2023 was RMB 91,170,866.24, up from RMB 68,190,795.60 in Q1 2022, representing a growth of 33.7%[17] - Basic earnings per share for Q1 2023 were RMB 0.16, up from RMB 0.15 in Q1 2022[18] Cash Flow and Liquidity - The net cash flow from operating activities was ¥65,551,703.59, with a notable decrease in cash paid for goods purchased[5] - Cash inflow from operating activities totaled RMB 1,301,682,015.02 in Q1 2023, slightly higher than RMB 1,280,907,700.11 in Q1 2022[19] - The net cash flow from operating activities for Q1 2023 was $65,551,703.59, a significant improvement compared to a net outflow of $9,561,470.87 in Q1 2022[20] - Total cash and cash equivalents at the end of Q1 2023 amounted to $4,719,172,575.00, down from $1,211,436,121.97 at the end of Q1 2022[21] - The company reported a decrease in cash and cash equivalents by $85,594,106.46 in Q1 2023, compared to a decrease of $19,450,157.26 in Q1 2022[20] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥7,137,743,202.24, a slight decrease of 0.61% from the end of the previous year[5] - Total liabilities decreased to ¥2,182,923,267.40 from ¥2,322,538,554.03 at the end of 2022, reflecting a reduction of approximately 6.0%[15] - Current assets totaled ¥6,081,121,333.09, down from ¥6,215,710,251.69, indicating a decrease of about 2.2%[12] - The total assets increased to $7,183,539,207.15 in Q1 2023, compared to $7,181,712,908.64 in Q1 2022, reflecting a growth of approximately 0.03%[23] - Total liabilities stood at $1,800,000,000.00 in Q1 2023, indicating a stable financial position[23] - Total liabilities amounted to approximately $2.32 billion, with current liabilities at $1.85 billion and non-current liabilities at $474 million[24] Shareholders' Equity - The equity attributable to shareholders increased to ¥4,954,819,934.84, marking a year-on-year growth of 1.97%[5] - The company's equity attributable to shareholders rose to ¥4,954,819,934.84 from ¥4,859,174,354.61, marking an increase of about 2.0%[15] - Shareholders' equity totaled approximately $4.86 billion, with paid-in capital at $562.5 million and retained earnings at $922.1 million[24] - The total equity attributable to shareholders decreased slightly by approximately $1.8 million compared to the previous period[24] Research and Development - R&D expenses totaled ¥160,915,042.35, accounting for 14.91% of operating revenue, an increase of 1.6 percentage points from the previous year[5] - Research and development expenses increased to RMB 160,915,042.35 in Q1 2023, compared to RMB 137,769,338.23 in Q1 2022, indicating a focus on innovation[16] Other Financial Metrics - The weighted average return on net assets was 1.86%, down by 2.85 percentage points compared to the previous year[5] - The company reported a government subsidy of ¥1,120,252.96, which is included in the non-recurring gains and losses[6] - Tax expenses for Q1 2023 were RMB 21,120,673.73, compared to a tax benefit of RMB 7,949,124.42 in Q1 2022[17] - Other comprehensive income after tax for Q1 2023 was RMB 1,156,394.60, up from RMB 205,148.60 in Q1 2022[18] - The company reported a decrease in sales expenses to RMB 138,649,376.41 in Q1 2023 from RMB 116,274,227.82 in Q1 2022, indicating efficiency improvements[16] Accounting Standards and Adjustments - The company executed new accounting standards starting in 2023, which may impact the financial reporting and asset recognition[21] - The company has made adjustments to its financial statements due to the implementation of new accounting standards, affecting retained earnings and other related financial statement items[21]