Financial Performance - The company's revenue for Q1 2023 was CNY 463,002,060.39, representing a 28.66% increase compared to CNY 359,863,244.52 in the same period last year[5] - Net profit attributable to shareholders decreased by 26.20% to CNY 17,531,681.88 from CNY 23,756,215.99 year-on-year[5] - The total profit for the period was CNY 18,765,184.34, a decrease of 30.41% compared to CNY 26,965,544.47 in the previous year[9] - Net profit for Q1 2023 was CNY 17,806,751.86, a decrease of 26.3% from CNY 24,161,603.87 in Q1 2022[19] - The company’s basic earnings per share decreased by 23.08% to CNY 0.10 from CNY 0.13 in the same period last year[5] - Earnings per share for Q1 2023 were CNY 0.10, down from CNY 0.13 in Q1 2022[20] Cash Flow - The net cash flow from operating activities improved by 15.14%, reaching CNY -25,584,926.00 compared to CNY -30,149,863.80 in the previous year[5] - Cash flow from operating activities for Q1 2023 was negative CNY 25,584,926.00, an improvement from negative CNY 30,149,863.80 in Q1 2022[20] - The company’s cash inflow from operating activities totaled CNY 236,021,745.52 in Q1 2023, compared to CNY 191,918,532.62 in Q1 2022[20] - The net cash flow from investment activities was -¥69,910,430.97, compared to -¥53,921,811.81 in the previous year, indicating a decline of approximately 29.5%[21] - The total cash outflow from investment activities amounted to ¥225,009,730.56, up from ¥196,545,435.20, reflecting an increase of about 14.5% year-over-year[21] - The net cash flow from financing activities was -¥36,956,364.06, a significant decrease from a positive net cash flow of ¥20,747,700.00 in the same period last year[21] - The cash and cash equivalents at the end of the period were ¥259,639,599.91, down from ¥447,131,064.53, representing a decrease of approximately 42.1%[21] - The company reported a significant increase in cash outflow for investment activities, which may impact future liquidity and operational capacity[21] - The company’s cash and cash equivalents decreased by ¥132,720,113.58 compared to the previous year, highlighting potential cash management challenges[21] - The company’s cash flow management strategies may need to be reassessed in light of the significant cash outflows and reduced cash reserves[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,882,425,822.19, down 3.23% from CNY 1,945,228,121.95 at the end of the previous year[5] - Total current assets decreased from 1,275,541,001.53 CNY at the beginning of the year to 1,204,716,287.48 CNY[14] - Total non-current assets increased slightly from 669,687,120.42 CNY to 677,709,534.71 CNY[15] - Total current liabilities decreased from 570,169,028.74 CNY to 524,456,406.44 CNY[15] - Total liabilities as of the end of Q1 2023 were CNY 544,252,664.03, down from CNY 590,017,442.33 at the end of Q1 2022[19] - Total equity attributable to shareholders was CNY 1,326,537,594.09, a decrease from CNY 1,343,850,185.53 in the previous year[19] Shareholder Information - Total number of common shareholders at the end of the reporting period is 17,470[11] - The largest shareholder, Shandong LianKe Industrial Group, holds 53.23% of shares, totaling 97,861,531 shares[11] - The company has no preferred shareholders among the top ten shareholders[13] - There are no known relationships or concerted actions among the remaining unrestricted shareholders[12] Expenses - The company’s management expenses rose by 40.19% to CNY 8,104,646.15, attributed to increased salary and share-based payment expenses[9] - Research and development expenses for Q1 2023 were CNY 15,805,095.30, an increase of 23.1% compared to CNY 12,831,530.91 in Q1 2022[18] Investment Activities - The company reported an investment loss of CNY 149,598.67 in Q1 2023, compared to a gain of CNY 59,631.40 in Q1 2022[19] - The company experienced a 2212.84% increase in credit impairment losses, amounting to CNY -3,520,764.58, primarily due to increased provisions for bad debts[9] - The company reported a significant increase of 84.01% in trading financial assets, totaling CNY 20,398,000.00 due to increased purchases of financial products[9] Audit and Reliability - The company’s first-quarter report was not audited, which may affect the reliability of the financial data presented[22]
联科科技(001207) - 2023 Q1 - 季度财报