DDN(002263)2023-04-28 16:00Revenue and Profit - The company's revenue for Q1 2023 was ¥323,056,800.61, a decrease of 19.95% compared to ¥403,557,195.09 in the same period last year[5] - Net profit attributable to shareholders was ¥7,030,831.16, down 78.41% from ¥32,572,053.05 year-on-year[5] - Total operating revenue for Q1 2023 was RMB 323,056,800.61, a decrease of 20% compared to RMB 403,557,195.09 in the same period last year[31] - Operating profit for Q1 2023 is CNY 9,635,580.37, down 74.5% from CNY 37,782,876.79 in the same period last year[34] - The company reported a net loss of RMB 6,050,898.31 for Q1 2023, improving from a loss of RMB 13,081,729.47 in the previous year[30] - The company reported a total comprehensive income of CNY 7,030,831.16 for Q1 2023, a decrease of 78.5% from CNY 32,572,053.05 in Q1 2022[34] Cash Flow and Financial Position - The net cash flow from operating activities increased by 24.17% to ¥22,493,173.80, compared to ¥18,114,818.77 in the previous year[5] - The net cash flow from investing activities increased by 59.13% compared to the same period last year, mainly due to reduced cash payments for fixed asset purchases[22] - Cash flow from operating activities for Q1 2023 is CNY 22,493,173.80, an increase of 24.5% compared to CNY 18,114,818.77 in Q1 2022[35] - The net cash increase in financing activities for Q1 2023 is CNY 122,126,760.58, compared to a net cash decrease of CNY -1,148,920.69 in Q1 2022[36] - The company's cash and cash equivalents at the end of Q1 2023 amounted to RMB 1,170,625,354.62, an increase from RMB 1,028,737,970.59 at the beginning of the year[28] - The cash and cash equivalents at the end of Q1 2023 amount to CNY 1,162,138,354.60, up from CNY 951,634,847.74 at the end of Q1 2022[36] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,026,079,932.57, reflecting a 2.26% increase from ¥2,959,212,898.96 at the end of the previous year[5] - Total assets as of March 31, 2023, were RMB 3,026,079,932.57, compared to RMB 2,959,212,898.96 at the beginning of the year[30] - Total liabilities increased to RMB 302,996,521.96 from RMB 243,160,319.51, marking a rise of 24.5%[30] Accounts Receivable and Inventory - The company experienced a 44.15% increase in accounts receivable compared to the beginning of the year, primarily due to an increase in customer payment terms[8] - Accounts receivable increased to RMB 140,499,404.99 from RMB 97,465,846.25, reflecting a 43.9% rise[28] - Inventory decreased to RMB 242,304,429.78 from RMB 286,175,906.37, indicating a reduction of 15.3%[29] Earnings and Expenses - The basic earnings per share decreased by 81.50% to ¥0.0037 from ¥0.02 in the same period last year[5] - The basic and diluted earnings per share for Q1 2023 are both CNY 0.0037, down from CNY 0.02 in Q1 2022[34] - Research and development expenses for Q1 2023 were RMB 13,285,226.43, slightly down from RMB 14,750,857.08 in Q1 2022[31] - The company incurred financial expenses of CNY -10,080,888.38 in Q1 2023, compared to CNY -10,385,332.69 in Q1 2022[33] Government Subsidies - The company received government subsidies amounting to ¥3,132,257.25, contributing to other income increasing by 45.29% year-on-year[6][17] Return on Equity - The weighted average return on equity fell to 0.26%, down 0.96% from 1.22% year-on-year[5]