Financial Performance - The company's revenue for Q1 2023 was CNY 39,083,104.71, representing a 6.81% increase compared to CNY 36,592,101.43 in the same period last year[5] - Net profit attributable to shareholders for Q1 2023 was CNY 16,137,170.75, up 10.15% from CNY 14,649,872.71 in the previous year[5] - Total operating revenue for Q1 2023 was CNY 39,083,104.71, an increase of 4.1% compared to CNY 36,592,101.43 in Q1 2022[19] - Operating profit for the period reached CNY 19,066,514.47, up from CNY 16,965,633.38, reflecting a growth of 6.5% year-over-year[21] - Net profit attributable to the parent company was CNY 16,137,170.75, representing an increase of 10.1% from CNY 14,649,872.71 in the previous year[22] Cash Flow - The net cash flow from operating activities improved significantly to CNY 5,182,901.18, a 221.18% increase from a negative CNY 4,276,895.76 in the same period last year[5] - Cash flow from operating activities generated a net amount of CNY 5,182,901.18, a significant recovery from a negative cash flow of CNY -4,276,895.76 in the same period last year[23] - The net cash flow from investment activities for Q1 2023 was ¥64,832,396, an increase from ¥18,041,608 in Q1 2022, representing a growth of approximately 260%[24] - Total cash inflow from investment activities was ¥167,457,080.89, compared to ¥57,278,991.76 in the same period last year, marking an increase of about 192%[24] - Cash outflow for investment activities amounted to ¥102,624,684.89, up from ¥39,237,383.31 in Q1 2022, reflecting a rise of approximately 161%[24] - The net cash flow from financing activities was -¥1,414,665.69, compared to -¥1,651,109.67 in Q1 2022, indicating a slight improvement[24] - The company did not report any cash inflow from financing activities during Q1 2023[24] Assets and Liabilities - The company's total assets decreased by 1.35% to CNY 970,155,195.41 from CNY 983,473,170.48 at the end of the previous year[5] - The total current assets decreased to ¥709,283,798.18 from ¥746,634,881.76, a decline of about 5%[17] - The total liabilities decreased to CNY 33,009,167.18 from CNY 64,202,354.33, indicating a reduction of approximately 48.6%[21] - The total current liabilities decreased significantly from ¥61,870,166.66 to ¥30,716,560.23, a reduction of about 50.5%[17] - The company's total equity increased to CNY 937,146,028.23, up from CNY 919,270,816.15, marking a growth of 1.9%[21] Shareholder Information - The total number of common shareholders at the end of the reporting period is 14,001[13] - The largest shareholder, Fang Hua, holds 33.82% of the shares, totaling 33,823,637 shares[13] - The company has no preferred shareholders as indicated in the report[15] - There are no known related party transactions among shareholders other than the identified controlling shareholders[14] Expenses - Research and development expenses totaled CNY 3,849,331.00, a decrease of 9.7% compared to CNY 4,264,111.88 in Q1 2022[19] - Sales expenses rose to CNY 9,878,401.51, an increase of 24.4% compared to CNY 7,939,366.14 in the previous year[19] - The company reported a financial expense of CNY -1,809,775.31, a significant improvement compared to CNY 244,194.42 in the previous year[21] Cash and Cash Equivalents - The company's cash and cash equivalents increased to ¥559,683,563.34 from ¥491,732,548.99 at the beginning of the year, representing a growth of approximately 13.8%[16] - The total cash and cash equivalents at the end of Q1 2023 reached ¥551,007,211.43, a significant increase from ¥46,516,631.40 at the end of Q1 2022[24] - The net increase in cash and cash equivalents for Q1 2023 was ¥68,493,255.12, compared to ¥12,018,021.47 in Q1 2022, showing a growth of approximately 470%[24] Other Information - The weighted average return on equity dropped to 1.74% from 4.31% year-on-year, reflecting a decrease of 2.57%[5] - The company received government subsidies amounting to CNY 728,500.00 during the quarter, contributing to its financial performance[7] - Cash received from tax refunds decreased by 48.83% to CNY 1,932,289.42 compared to CNY 3,775,878.32 in the previous year[11] - Cash received from other operating activities increased significantly by 1404.39% to CNY 3,942,756.11, driven by government subsidies and interest income[11] - The company reported a 192.98% increase in cash recovered from investments, totaling CNY 167,000,000.00 compared to CNY 57,000,000.00 in the previous year[12] - The company has made substantial investments in fixed assets, with cash payments amounting to CNY 42,624,684.89, a 583.37% increase from CNY 6,237,383.31 in the same period last year[12] - The basic earnings per share for the period was CNY 0.16, down from CNY 0.20 in Q1 2022[22] - The company's first-quarter report was not audited[24] - The report indicates a strong liquidity position with a significant increase in cash reserves year-over-year[24]
魅视科技(001229) - 2023 Q1 - 季度财报