UNI-T(SH:688628)2023-04-27 16:00Financial Performance - In Q1 2023, the company reported a revenue of ¥237,744,224.15, a decrease of 24.54% compared to the same period last year[2] - The net profit attributable to shareholders was ¥40,872,178.83, down 22.97% year-on-year, primarily due to a 28.27% decline in export sales[4] - Total operating revenue for Q1 2023 was ¥237,744,224.15, a decrease of 24.6% compared to ¥315,055,711.17 in Q1 2022[17] - Net profit for Q1 2023 was ¥40,259,176.36, a decline of 23.7% from ¥52,820,685.89 in Q1 2022[18] - The total comprehensive income for Q1 2023 was CNY 34,918,881.39, a decrease of 32% from CNY 51,611,724.34 in Q1 2022[29] Research and Development - The company increased its R&D investment to ¥18,670,680.83, representing a year-on-year growth of 25.91%, which accounted for 7.85% of total revenue[3] - Research and development expenses for Q1 2023 were ¥18,670,680.83, up 26.5% from ¥14,828,084.13 in Q1 2022[17] - Research and development expenses increased to CNY 15,792,472.31, up 24% from CNY 12,736,345.72 in Q1 2022[28] Cash Flow and Liquidity - The net cash flow from operating activities was ¥117,440,479.17, with an increase in advance payments from domestic sales[4] - Cash received from sales of goods and services in Q1 2023 was ¥270,238,853.68, an increase of 52.3% from ¥177,440,766.99 in Q1 2022[20] - Cash flow from operating activities generated a net amount of CNY 128,780,448.59, compared to a negative cash flow of CNY -41,898,272.07 in Q1 2022[31] - Cash and cash equivalents at the end of Q1 2023 totaled CNY 347,318,478.73, an increase from CNY 110,146,877.87 at the end of Q1 2022[31] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥1,340,779,746.61, reflecting a 10.11% increase from the end of the previous year[3] - Total liabilities as of Q1 2023 amounted to ¥238,601,511.38, compared to ¥158,573,119.81 in the previous year, reflecting a 50.5% increase[16] - The company's total assets reached CNY 1,294,689,477.40 as of March 31, 2023, compared to CNY 1,155,856,522.40 at the end of 2022, marking an increase of 12%[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,059[9] - The company’s actual controllers hold a combined voting power of 59.15% through various entities[11] - Total equity attributable to shareholders was ¥1,102,395,441.87 in Q1 2023, up from ¥1,058,684,820.32 in Q1 2022[16] Operational Insights - The company experienced a slight decline in revenue and net profit due to the impact of the Lunar New Year holiday and delayed overseas customer orders[12] - The company expects significant improvement in overseas customer demand with a strong order backlog for Q2 2023[12] - The company is focusing on upgrading its product structure and launching higher-margin mid-to-high-end products[12]