Financial Performance - The company's operating revenue for Q1 2023 reached ¥331,154,973.71, representing a year-on-year increase of 136.55%[5] - Net profit attributable to shareholders was ¥30,886,612.28, reflecting a growth of 152.78% compared to the same period last year[5] - The net profit excluding non-recurring gains and losses was ¥27,319,119.61, which is an increase of 158.31% year-on-year[5] - Basic earnings per share stood at ¥0.22, up by 152.78% from the previous year[6] - Operating profit for Q1 2023 was ¥29,927,692.97, compared to ¥11,821,669.53 in the same period last year, reflecting a growth of 153%[22] - Total revenue for Q1 2023 reached ¥331,154,973.71, a significant increase of 136% compared to ¥139,993,013.88 in Q1 2022[21] - Net profit attributable to shareholders for Q1 2023 was ¥30,886,612.28, up 153% from ¥12,218,710.20 in Q1 2022[23] - Basic earnings per share for Q1 2023 were ¥0.22, compared to ¥0.09 in Q1 2022, marking an increase of 144%[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,846,995,120.63, marking a 9.36% increase from the end of the previous year[6] - Total assets as of Q1 2023 amounted to ¥1,846,995,120.63, compared to ¥1,688,986,350.17 in Q1 2022, representing a growth of 9.4%[20] - Total liabilities for Q1 2023 were ¥845,698,102.53, an increase from ¥723,299,859.29 in Q1 2022, reflecting a rise of 16.9%[20] - The total non-current assets as of March 31, 2023, were reported at CNY 1,000,000,000, with fixed assets valued at CNY 210,194,534.57[18] - The company's total non-current assets reached ¥767,096,423.26 in Q1 2023, up from ¥605,487,483.30 in Q1 2022, indicating a growth of 26.6%[20] Cash Flow - The cash flow from operating activities showed a net outflow of ¥69,643,716.58, primarily due to increased cash payments for raw materials and operating expenses[6] - In Q1 2023, the cash inflow from operating activities totaled CNY 219,456,491.41, an increase from CNY 179,934,527.53 in Q1 2022, representing a growth of approximately 22%[26] - The net cash flow from operating activities was negative CNY 69,643,716.58, compared to a negative CNY 3,664,450.59 in the same period last year, indicating a significant decline in operational cash generation[26] - Cash inflow from financing activities was CNY 98,436,490.22, up from CNY 61,193,461.21 in Q1 2022, marking an increase of approximately 61%[27] - The net cash flow from financing activities improved to CNY 61,010,384.39 in Q1 2023, compared to CNY 16,125,124.41 in the previous year, indicating stronger financing capabilities[27] - The total cash and cash equivalents at the end of Q1 2023 were CNY 165,682,587.30, down from CNY 425,906,569.02 at the end of Q1 2022, showing a decrease of approximately 61%[27] Shareholder Information - The company had 5,280 common shareholders at the end of the reporting period[11] - The top shareholder, Zhao Shanqi, held 17.79% of the shares, totaling 24,534,440 shares[11] Research and Development - Research and development expenses totaled ¥22,161,381.24, an increase of 85.67% year-on-year[6] - Research and development expenses increased to ¥22,161,381.24 in Q1 2023, up from ¥11,936,146.61 in Q1 2022, indicating a focus on innovation[22] Financing Activities - The company received an inquiry letter from the Shanghai Stock Exchange regarding its application for issuing convertible bonds on January 5, 2023, indicating ongoing financing activities[13] - On March 16, 2023, the company received a response from the Shanghai Stock Exchange confirming that its application for issuing convertible bonds met the necessary conditions[15] - The company is in the process of submitting relevant documents for the issuance of convertible bonds, with the final approval pending from the China Securities Regulatory Commission[15] - The company held a board meeting on January 16, 2023, to discuss adjustments to its convertible bond issuance plan, reflecting proactive management of its financing strategy[14] - The company is committed to timely information disclosure regarding its financing activities and potential risks associated with the issuance of convertible bonds[15] Operational Costs - Operating costs for Q1 2023 were ¥303,296,049.82, compared to ¥129,614,703.53 in Q1 2022, showing an increase of 134%[21] - The company reported a significant increase in cash paid to employees, totaling CNY 27,658,013.88 in Q1 2023, compared to CNY 16,892,404.72 in Q1 2022, reflecting a rise of about 64%[26] - The cash paid for purchasing goods and services increased to CNY 243,168,792.33 in Q1 2023, up from CNY 142,811,380.30 in Q1 2022, representing a rise of about 70%[26] - The company experienced a cash outflow of CNY 10,219,411.99 related to other operating activities, a decrease from CNY 16,764,440.26 in Q1 2022, indicating improved cash management in this area[26]
宏微科技(688711) - 2023 Q1 - 季度财报