Financial Performance - The company's revenue for Q1 2023 was CNY 220,616,974.64, a slight increase of 0.29% compared to CNY 219,989,144.59 in the same period last year[5] - Net profit attributable to shareholders decreased by 1.42% to CNY 7,863,740.26 from CNY 7,976,913.78 year-on-year[5] - Total operating revenue for Q1 2023 was CNY 220,616,974.64, a slight increase of 0.29% compared to CNY 219,989,144.59 in Q1 2022[22] - Net profit for Q1 2023 was CNY 7,839,414.97, a decrease of 1.72% from CNY 7,976,913.78 in Q1 2022[23] - The total comprehensive income attributable to the parent company was CNY 7,863,740.26, compared to CNY 7,976,913.78 in the previous period, reflecting a decrease of approximately 1.42%[24] Cash Flow and Liquidity - The net cash flow from operating activities turned negative at CNY -10,435,335.63, a decline of 439.95% compared to CNY 3,069,698.62 in the previous year[5] - Total cash and cash equivalents at the end of the period were CNY 114,759,743.46, down from CNY 247,411,628.49 at the beginning of the period, indicating a cash depletion of approximately 53.7%[25] - The total operating cash inflow was CNY 218,945,681.15, slightly down from CNY 219,474,796.35 in the previous period, reflecting stable operational performance despite the net cash flow decline[25] - The net cash flow from financing activities was CNY 12,169,649.50, compared to a negative CNY 9,333,479.79 in the previous period, showing improved financing conditions[25] - Cash inflows from investment activities totaled CNY 25,396,842.74, a substantial increase from CNY 131,994.43 in the previous period, highlighting a shift in investment strategy[25] Assets and Liabilities - Total assets increased by 1.42% to CNY 1,341,764,530.46 from CNY 1,322,922,376.77 at the end of the previous year[5] - Total liabilities rose to CNY 537,063,300.89, up from CNY 526,060,562.17, indicating an increase of 2.27%[20] - The total non-current assets amounted to CNY 668,015,649.17, an increase from CNY 643,351,054.51, representing a growth of 3.85%[20] - The company's equity attributable to shareholders increased to CNY 804,415,509.39 from CNY 796,551,769.13, showing a growth of 0.11%[20] Investments and Expenses - Investment income rose significantly by 179.11% to CNY 407,439.08 compared to CNY 145,978.29 in the same period last year[9] - Research and development expenses decreased by 33.22% to CNY 254,643.32 from CNY 381,334.20 year-on-year[9] - Research and development expenses for Q1 2023 were CNY 254,643.32, down from CNY 381,334.20 in Q1 2022, indicating a reduction of 33.16%[22] - The cash outflow from investment activities was CNY 159,783,041.64, a decrease from CNY 255,401,215.37 in the previous period, suggesting a reduction in capital expenditures[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 24,417[12] - The largest shareholder, Qiu Hongyang, holds 62.66% of the shares, totaling 50,150,000 shares[12] - The company’s major shareholders are closely related, with Qiu Hongyang being the controlling shareholder and actual controller[12] Future Plans - The company plans to issue convertible bonds totaling no more than RMB 210 million for capacity enhancement projects and debt repayment[15] - The company plans to increase investments in fixed assets and new vehicles, with cash outflow for fixed asset purchases rising by 205.57% to CNY 31,783,041.64[10] - The company intends to establish a new branch in Beijing, which has not yet been established as of March 31, 2023[16] - The company has a plan for market expansion through the issuance of convertible bonds and establishing a new branch[15][16] Taxation - The company experienced a 305.85% increase in taxes payable, amounting to CNY 3,371,892.30 compared to CNY 830,817.59 at the end of the previous year[9]
三羊马(001317) - 2023 Q1 - 季度财报