Financial Performance - The company's operating revenue for Q1 2023 was ¥407,405,914.64, representing a 0.83% increase compared to ¥404,051,440.32 in the same period last year[5] - Net profit attributable to shareholders decreased by 2.28% to ¥18,872,298.63 from ¥19,313,390.53 year-on-year[5] - Total operating revenue for Q1 2023 was CNY 407,405,914.64, a slight increase of 0.88% compared to CNY 404,051,440.32 in Q1 2022[19] - Net profit for Q1 2023 was CNY 18,005,726.63, a decrease of 6.77% from CNY 19,313,390.53 in Q1 2022[20] - The total comprehensive income for the first quarter of 2023 was CNY 17,997,662.38, a decrease from CNY 19,299,374.95 in the previous period[21] - Basic and diluted earnings per share decreased to CNY 0.1830 from CNY 0.2081 year-over-year[21] Cash Flow and Liquidity - The net cash flow from operating activities turned negative at -¥1,966,318.60, a decline of 102.56% compared to ¥76,827,821.21 in the previous year[5] - Cash inflow from operating activities increased to CNY 490,559,926.89 compared to CNY 460,255,813.76 in the previous period[22] - Net cash flow from operating activities turned negative at CNY -1,966,318.60, down from CNY 76,827,821.21 in the previous period[22] - Cash outflow from investing activities was CNY 37,508,557.65, compared to CNY 62,237,535.83 in the previous period[22] - Net cash flow from financing activities significantly increased to CNY 487,981,296.76 from CNY 33,659,584.03 in the previous period[22] - The net increase in cash and cash equivalents for the period was CNY 448,485,444.05, compared to CNY 48,203,951.25 in the previous period[22] - The ending balance of cash and cash equivalents reached CNY 614,257,671.81, up from CNY 209,478,470.51 in the previous period[22] Assets and Liabilities - Total assets increased by 19.11% to ¥2,710,642,519.06 from ¥2,275,789,051.32 at the end of the previous year[5] - Total assets as of Q1 2023 reached CNY 2,710,642,519.06, compared to CNY 2,275,789,051.32 at the end of Q1 2022, reflecting a growth of 18.99%[18] - Total liabilities decreased to CNY 1,484,607,775.57 from CNY 1,537,716,633.10, a reduction of 3.46% year-over-year[18] - The company's equity attributable to shareholders increased to CNY 1,223,184,665.44, up 66.67% from CNY 734,355,768.17 in the previous year[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 26,118[12] - The company has a major shareholder, Wang Jianhua, who controls 70% of Yibin Industrial, the company's controlling shareholder[14] - The top ten shareholders include various entities, with the largest being Wang Binyu holding 4.51% of shares[14] - The company has not disclosed any relationships or agreements among the top ten unrestricted shareholders[14] Operational Insights - The weighted average return on equity decreased to 2.10% from 3.12% year-on-year, a drop of 1.02%[5] - Research and development expenses increased to CNY 24,615,886.62, representing a 25.00% rise from CNY 19,567,708.44 in the previous year[19] - The company reported a decrease in income tax expenses by 44.67% compared to the same period last year, due to a reduction in total profit and deferred tax expenses[9] - Credit impairment losses increased by 64.82% year-on-year, attributed to the recovery of accounts receivable[9] - The company is exploring new strategies for market expansion and product development, although specific details were not provided in the report[15] - The company plans to continue investing in new product development and market expansion strategies to drive future growth[20] - The increase in long-term borrowings to CNY 26,770,000.00 from CNY 25,000,000.00 indicates a strategic move to leverage for growth opportunities[18] Inventory and Receivables - Accounts receivable decreased to ¥319,310,200.74 from ¥369,517,466.74, a decline of 13.6%[16] - Inventory rose to ¥555,257,641.00 from ¥516,273,817.51, indicating an increase of 7.5%[16] - Total current assets reached ¥1,918,852,682.60, up from ¥1,489,033,005.28, reflecting a growth of 28.9%[16] - The company reported a significant increase in prepayments, which rose to ¥15,388,626.32 from ¥12,338,501.61, a growth of 24.9%[16]
一彬科技(001278) - 2023 Q1 - 季度财报