Financial Performance - The company's operating revenue for Q1 2023 was ¥239,343,994.78, representing a year-on-year increase of 106.70%[5] - The net profit attributable to shareholders for the same period was ¥53,870,709.90, reflecting a growth of 76.27% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥53,398,484.71, which is an increase of 103.15% year-on-year[5] - Basic and diluted earnings per share were both ¥0.24, marking an increase of 71.43% year-on-year[6] - Total operating revenue for Q1 2023 reached ¥239,343,994.78, a significant increase of 106.5% compared to ¥115,795,073.82 in Q1 2022[19] - Net profit for Q1 2023 was ¥53,133,713.45, representing a 74.0% increase from ¥30,561,428.78 in Q1 2022[20] Cash Flow and Liquidity - The net cash flow from operating activities was ¥1,225,982.77, showing a significant decrease of 98.04% compared to the previous period[6] - Cash generated from operating activities in Q1 2023 was ¥179,351,540.09, an increase from ¥141,986,269.40 in Q1 2022[23] - The net cash flow from operating activities was 1,225,982.77, a significant decrease from 62,423,630.28 in the previous period, indicating a decline in operational efficiency[24] - Total cash inflow from operating activities was 188,099,387.01, while cash outflow was 186,873,404.24, resulting in a narrow net increase[24] - The ending balance of cash and cash equivalents was 661,824,901.66, down from 728,215,451.81 at the beginning of the period[25] - The net cash and cash equivalents decreased by 66,390,550.15, compared to a decrease of 145,850,634.52 in the previous period, showing an improvement in cash management[25] Research and Development - Total R&D investment amounted to ¥7,097,568.85, which is an increase of 45.64% compared to the same period last year[6] - Research and development expenses for Q1 2023 were ¥7,097,568.85, compared to ¥4,873,475.74 in Q1 2022, indicating a focus on innovation[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,444,240,757.17, a decrease of 3.13% from the end of the previous year[6] - The total current assets as of March 31, 2023, amounted to RMB 882,824,573.60, a decrease from RMB 947,404,275.93 as of December 31, 2022, representing a decline of approximately 6.83%[14] - Total liabilities decreased to ¥146,898,968.51 in Q1 2023 from ¥247,342,199.31 in the previous period[16] - The equity attributable to shareholders increased by 4.64% to ¥1,229,225,328.00 compared to the end of the previous year[6] - Shareholders' equity increased to ¥1,297,341,788.66 in Q1 2023, up from ¥1,243,548,157.73 in the previous period[17] Operational Efficiency - The cash flow from investing activities showed a net outflow of 42,220,885.12, compared to a much larger outflow of 206,674,264.80 previously, indicating reduced investment expenditures[25] - Cash outflow for purchasing goods and services was 143,505,221.08, which is a substantial increase compared to 65,432,097.86 in the previous period[24] - Payments to employees increased to 24,199,066.69 from 14,768,333.66, reflecting higher labor costs[24] Government Support and Taxation - The company received government subsidies amounting to ¥547,499.99 during the reporting period[7] - The company received tax refunds amounting to 4,970,147.03, which is an increase from 4,765,733.32 in the previous period, indicating better tax recovery[24] Market and Product Development - The company has not disclosed any new product developments or technological advancements during this reporting period[14] - There are no updates on market expansion or mergers and acquisitions in the current report[14] - The company did not report any new product launches or significant market expansions during this quarter[24] - The company has not provided specific future guidance or performance outlook for the upcoming quarters[14]
同益中(688722) - 2023 Q1 - 季度财报