CNLIGHT(SZ:002076)2023-04-28 16:00Revenue and Profitability - The company's revenue for Q1 2023 was ¥30,464,228.42, a decrease of 9.31% compared to ¥33,590,513.24 in the same period last year[5] - Net profit attributable to shareholders was ¥432,652.66, a significant increase of 102.00% from a loss of ¥21,654,497.58 in the previous year[5] - Total operating revenue for Q1 2023 was CNY 30,464,228.42, a decrease of 9.4% compared to CNY 33,590,513.24 in Q1 2022[20] - Net profit for Q1 2023 was CNY 990,506.31, a turnaround from a net loss of CNY 21,692,397.70 in Q1 2022[21] - The company reported a gross profit margin improvement, with operating profit rising to CNY 847,974.95 from a loss of CNY 20,411,924.95 year-over-year[21] - Basic and diluted earnings per share improved to CNY 0.0004 from a loss of CNY 0.0205 in the previous year[21] Cash Flow - The net cash flow from operating activities surged by 1,126.69% to ¥129,461,678.14, compared to ¥10,553,698.11 in Q1 2022[5] - Total cash inflow from operating activities amounted to CNY 193,660,526.08, compared to CNY 53,510,018.46 in Q1 2022, indicating an increase of about 262%[22] - Cash outflow from operating activities was CNY 64,198,847.94, up from CNY 42,956,320.35 in the previous year, reflecting a rise of approximately 49%[22] - The net cash flow from investing activities was CNY 4,897,961.46, a turnaround from a negative cash flow of CNY 281,792.00 in Q1 2022[22] - The net cash flow from financing activities was negative CNY 152,985,473.12, compared to a negative CNY 443,638.70 in Q1 2022, indicating a larger outflow this year[23] Assets and Liabilities - Total assets decreased by 20.90% to ¥587,231,957.06 from ¥742,399,695.32 at the end of the previous year[5] - Total current assets of CNY 317,448,792.64 as of March 31, 2023, down from CNY 468,036,742.68 at the beginning of the year, representing a decrease of approximately 32.2%[17] - Cash and cash equivalents decreased to CNY 112,685,378.41 from CNY 279,353,865.73, a decline of about 59.7%[17] - Total liabilities decreased to CNY 320,677,266.70 from CNY 475,139,884.78, a reduction of 32.5%[19] - The equity attributable to shareholders of the parent company increased to CNY 325,079,012.67 from CNY 324,221,986.50, showing a slight growth[19] Financial Management - The company experienced a 96.51% decrease in financial expenses, attributed to the completion of the debt restructuring plan[10] - The company reported a significant decrease in financial expenses, down to CNY 557,224.33 from CNY 15,979,335.12, reflecting improved financial management[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 26,549, with the top ten shareholders holding a combined 27.96% of the shares[12] Research and Development - Research and development expenses were CNY 3,504,586.32, slightly up from CNY 3,398,861.56, indicating continued investment in innovation[20] Other Notable Events - The company completed the registration of its stock option incentive plan on April 20, 2023, granting 7.8 million stock options at an exercise price of CNY 2.88 per option[14] - The company’s stock was delisted from risk warnings on April 13, 2023, with the trading price limit changing from 5% to 10%[15] - The company is in negotiations regarding the repurchase of charging piles from a joint venture, with no agreement reached as of the report date[14] - The company’s total liabilities and equity figures were not disclosed in the provided documents, indicating a need for further financial clarity[17]