SONAVOX(SH:688533)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥452,933,612.92, representing a year-on-year increase of 22.98%[5] - The net profit attributable to shareholders was ¥29,929,527.72, showing a significant increase of 138.90% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥27,812,549.88, reflecting a growth of 129.53% year-on-year[5] - Basic earnings per share were ¥0.19, up by 137.50% year-on-year[6] - Total revenue for Q1 2023 reached RMB 452.93 million, a 22.9% increase from RMB 368.31 million in Q1 2022[19] - Operating profit for Q1 2023 was RMB 32.47 million, compared to RMB 14.30 million in Q1 2022, reflecting a 127.5% increase[20] - Net profit for Q1 2023 was RMB 30.01 million, up 135.5% from RMB 12.74 million in Q1 2022[20] - The total profit for Q1 2023 was RMB 32.27 million, up from RMB 14.22 million in Q1 2022, marking a 127.5% increase[20] Cash Flow and Investments - The net cash flow from operating activities reached ¥61,078,686.80, an increase of 156.41% compared to the previous year[6] - Cash flow from operating activities for Q1 2023 was RMB 61.08 million, significantly higher than RMB 23.82 million in Q1 2022[21] - The company reported a net cash outflow from investing activities of RMB 102.88 million in Q1 2023, compared to a net inflow of RMB 89.73 million in Q1 2022[22] Research and Development - Total R&D investment amounted to ¥32,091,492.70, which is 29.37% higher than the previous year[6] - R&D investment accounted for 7.09% of operating revenue, an increase of 0.36 percentage points[6] - R&D expenses increased to RMB 32.09 million in Q1 2023, a 29.2% rise from RMB 24.81 million in Q1 2022[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,198,767,798.22, a decrease of 1.63% from the end of the previous year[6] - The company's total current assets decreased to CNY 1,493,731,018.39 from CNY 1,610,919,430.08, representing a decline of about 7.26%[15] - The cash and cash equivalents decreased to CNY 446,833,539.58 from CNY 543,730,010.71, a reduction of approximately 17.83%[14] - The accounts receivable decreased to CNY 541,137,950.80 from CNY 596,270,060.58, indicating a decrease of about 9.25%[14] - The company's total liabilities decreased to CNY 1,063,569,693.67 from CNY 1,131,810,647.06, a decline of approximately 6.02%[16] - The total equity attributable to shareholders increased to CNY 1,133,255,888.23 from CNY 1,101,432,912.55, reflecting an increase of about 2.89%[16] - The inventory increased to CNY 354,136,677.37 from CNY 339,731,277.31, showing an increase of approximately 4.36%[15] - The company reported a decrease in short-term borrowings to CNY 376,230,619.69 from CNY 433,760,601.33, a reduction of about 13.27%[16] - The company’s other non-current assets increased to CNY 82,752,588.26 from CNY 41,648,270.64, indicating an increase of approximately 98.67%[15] - The company’s total liabilities to equity ratio improved to approximately 0.94 from 1.03, indicating a strengthening of the company's financial position[16] Future Outlook - The company plans to continue enhancing its competitive strength in the automotive market, contributing to revenue growth[9]