Financial Performance - The company's operating revenue for Q1 2023 was ¥719,828,585.52, representing an increase of 11.85% compared to ¥643,572,644.55 in the same period last year[5] - Net profit attributable to shareholders for Q1 2023 was ¥38,657,288.87, a growth of 27.50% from ¥30,318,401.11 in Q1 2022[5] - Basic and diluted earnings per share for Q1 2023 were both ¥0.31, up 29.17% from ¥0.24 in Q1 2022[5] - Total operating revenue for the current period reached ¥719,828,585.52, an increase of 11.87% compared to ¥643,572,644.55 in the previous period[17] - Net profit for the current period was ¥38,657,288.87, representing a 27.55% increase from ¥30,318,401.11 in the previous period[19] - Earnings per share (basic and diluted) increased to ¥0.31 from ¥0.24, reflecting a growth of 29.17%[20] - The total profit for the current period was ¥40,389,936.05, up from ¥32,136,769.43 in the previous period, marking a growth of 25.67%[19] Cash Flow - The net cash flow from operating activities surged to ¥68,667,369.63, marking a significant increase of 993.94% compared to ¥6,277,086.52 in the previous year[5] - The net cash flow from financing activities was ¥898,924.94, a decline of 114.56% from a negative cash flow of ¥6,175,390.66 in Q1 2022[10] - Cash flow from operating activities generated a net amount of ¥68,667,369.63, significantly higher than ¥6,277,086.52 in the previous period[21] - The company experienced a net cash outflow from investing activities of ¥271,600,159.55, compared to a net outflow of ¥283,657,921.89 in the previous period[21] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥2,636,208,552.62, a decrease of 1.66% from ¥2,680,580,259.72 at the end of the previous year[5] - Cash and cash equivalents decreased from ¥923,820,144.81 to ¥720,657,665.61, a decline of approximately 22%[14] - Accounts receivable decreased from ¥401,760,171.47 to ¥337,390,745.81, a reduction of about 16%[14] - Inventory increased from ¥335,782,635.30 to ¥353,896,322.88, an increase of approximately 5.4%[14] - Total liabilities decreased from ¥618,830,462.13 to ¥535,806,541.98, a reduction of approximately 13.4%[16] - Total equity attributable to shareholders increased from ¥2,061,749,797.59 to ¥2,100,402,010.64, an increase of about 1.9%[16] Government Subsidies and Expenses - The company received government subsidies totaling ¥3,064,277.21 in Q1 2023, an increase of 168.99% compared to ¥1,139,172.29 in the same period last year[8] - The company reported a 77.39% decrease in prepaid expenses, which fell to ¥12,430,000.05 due to the arrival of raw materials for the Spring Festival[8] - Research and development expenses were ¥27,411,213.79, slightly up from ¥27,041,421.67 in the prior period[17] Shareholder Information - Total number of common shareholders at the end of the reporting period is 17,010[12] - The company has a total of 10 major shareholders, with the largest shareholder holding 17.33%[12] - The company reported no participation in margin financing and securities lending by the top 10 shareholders[13] Construction and Development - The company reported a 135.29% increase in construction in progress, amounting to ¥60,997,433.26, primarily due to expenditures related to the Shanghai Aowei 250,000-ton project[8] - The company has ongoing research and development efforts, although specific new products or technologies were not detailed in the report[15] Credit and Impairment - The company reported a credit impairment loss of ¥3,551,893.45, an increase from ¥1,970,210.91 in the previous period[19]
丽臣实业(001218) - 2023 Q1 - 季度财报