Revenue and Profit - Revenue for Q1 2023 was CNY 351,488,572.39, a decrease of 9.41% compared to CNY 388,018,140.71 in the same period last year[5] - Net profit attributable to shareholders increased by 25.89% to CNY 22,621,348.02 from CNY 17,969,492.90 year-on-year[5] - Net profit for the current period is ¥21,120,611.39, an increase of 18.5% compared to ¥17,773,380.90 in the previous period[21] - Basic and diluted earnings per share are both ¥0.2056, slightly down from ¥0.22 in the previous period[21] Cash Flow and Liquidity - Net cash flow from operating activities was negative CNY 16,109,215.31, a decline of 456.04% compared to negative CNY 2,897,122.42 in the previous year[11] - The company reported a net increase in cash and cash equivalents of CNY 13,886,667.57, a significant improvement of 658.09% compared to a decrease of CNY 2,488,234.52 in the previous year[11] - Cash and cash equivalents at the end of the period increased to ¥421,018,691.16 from ¥134,501,375.66 in the previous period[22] - Cash flow from operating activities shows a net outflow of ¥16,109,215.31, worsening from a net outflow of ¥2,897,122.42 in the previous period[22] - Investment activities resulted in a net cash outflow of ¥10,579,330.40, compared to a larger outflow of ¥30,529,250.76 in the previous period[22] - Financing activities generated a net cash inflow of ¥49,832,307.69, up from ¥30,868,793.03 in the previous period[22] Assets and Liabilities - Total assets at the end of the period reached CNY 1,492,036,261.04, reflecting a growth of 7.36% from CNY 1,389,731,254.08 at the end of the previous year[5] - Total liabilities increased to ¥377,912,947.91 from ¥296,457,352.48, representing a rise of approximately 27.5%[17] - The company's retained earnings increased to ¥400,190,269.15 from ¥379,069,657.76, an increase of about 5.8%[17] - The total equity attributable to shareholders of the parent company rose to ¥1,118,020,782.14 from ¥1,095,670,633.98, reflecting an increase of approximately 2.0%[17] Borrowings and Expenses - Short-term borrowings increased significantly by 361.45% to CNY 64,371,637.74 from CNY 13,949,958.11[9] - Sales expenses rose by 145.13% to CNY 26,838,662.56, primarily due to increased freight costs and expansion of the overseas sales team[9] - The company has a short-term loan of ¥64,371,637.74, up from ¥13,949,958.11, indicating a significant increase in short-term borrowing[16] Accounts Receivable and Inventory - The company experienced a substantial increase in accounts receivable, which rose by 173.59% to CNY 192,358,497.12, mainly due to fluctuations in product sales cycles[9] - Accounts receivable rose significantly to ¥192,358,497.12 from ¥70,308,676.42, marking an increase of approximately 173.3%[15] - The company’s inventory decreased to ¥302,081,948.40 from ¥329,169,429.62, a decline of approximately 8.2%[15] Other Income and Tax - The company reported a tax expense of ¥3,503,948.28, down from ¥5,953,313.27 in the previous period[20] - Other income increased to ¥59,781.21 from ¥0.00 in the previous period, indicating improved non-operating income[20] Shareholder Information - Total number of common shareholders at the end of the reporting period is 14,587[12] - The largest shareholder, Linghai Zhengte Investment Co., Ltd., holds 53.24% of shares, totaling 58,565,250 shares[12]
浙江正特(001238) - 2023 Q1 - 季度财报