Financial Performance - The company's operating revenue for Q1 2023 was ¥2,167,270,932.37, a decrease of 20.57% compared to ¥2,728,621,931.64 in the same period last year[3] - Net profit attributable to shareholders was ¥252,887,184.67, an increase of 10.88% from ¥228,065,617.10 year-on-year[3] - Basic earnings per share were ¥0.48, up 9.09% from ¥0.44 in the same period last year[3] - The net profit excluding non-recurring gains and losses was CNY 220,495,727.23, up 9.73% from the previous year[12] - Net profit for Q1 2023 reached CNY 253,293,125.06, an increase of 10.9% compared to CNY 228,233,143.67 in Q1 2022[19] - The total comprehensive income for Q1 2023 was ¥253,293,125.06, compared to ¥228,233,143.67 in Q1 2022, marking an increase of 11.0%[20] Cash Flow and Liquidity - The net cash flow from operating activities reached ¥442,970,089.07, a significant increase of 387.78% compared to a negative cash flow of ¥153,924,038.73 in the previous year[3] - Total cash and cash equivalents at the end of Q1 2023 reached ¥3,070,185,705.56, compared to ¥2,750,838,877.63 at the end of Q1 2022, indicating a year-over-year increase of 11.6%[24] - Cash inflow from operating activities totaled ¥2,832,124,870.60 in Q1 2023, while cash outflow was ¥2,389,154,781.53, resulting in a net cash inflow of ¥442,970,089.07[23] - The company experienced a decrease in cash received from tax refunds, totaling ¥106,579,859.16 in Q1 2023, down from ¥194,835,805.35 in Q1 2022, a decline of 45.2%[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥10,336,366,729.03, reflecting a growth of 4.48% from ¥9,893,163,224.38 at the end of the previous year[4] - Total current assets reached CNY 8,950,849,426.63, compared to CNY 8,631,660,883.72 at the start of the year[14] - Total liabilities rose to CNY 4,139,807,106.43 in Q1 2023, compared to CNY 3,963,051,508.16 in Q1 2022, marking an increase of 4.5%[17] Operational Highlights - Sales of smart interactive products increased by 52.43%, while smart TV sales grew by 14.08%, with large-size shipments rising by 11.29%[12] - The gross profit margin improved compared to the same period last year, despite a decrease in overall revenue[12] - The company has no significant operational changes reported during the reporting period[12] Research and Development - The company plans to accelerate research in AR, VR, and AI technologies to enhance product value and competitiveness[12] - Research and development expenses for Q1 2023 were CNY 112,935,631.82, slightly up from CNY 112,018,365.29 in Q1 2022[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,880[8] - The company's long-term equity investments increased, indicating potential strategic expansions or acquisitions[16] Other Financial Metrics - The weighted average return on equity decreased to 4.18%, down from 5.02% in the previous year, indicating a decline in profitability[4] - The company reported non-recurring gains of ¥32,391,457.44, primarily from government subsidies and other income[5] - The company reported a decrease in sales expenses to CNY 47,595,209.71 from CNY 50,559,564.03 year-over-year[19] - The company's cash and cash equivalents increased by 32.09% to ¥3,324,694,367.69, primarily due to net cash inflows from operating and financing activities[7] - The company's short-term borrowings increased by 34.65% to ¥1,899,782,547.16, attributed to discounted bills[7]
康冠科技(001308) - 2023 Q1 - 季度财报