JFLB(002762)2023-04-26 16:00Financial Performance - The company's revenue for Q1 2023 was ¥51,095,758.87, a decrease of 17.49% compared to ¥61,927,548.14 in the same period last year[5] - Net profit attributable to shareholders was ¥5,423,361.79, down 12.12% from ¥6,171,026.97 year-on-year[5] - The net profit for Q1 2023 was CNY 5,402,138.35, a decrease of 12.03% compared to CNY 6,137,952.63 in Q1 2022[20] - Operating profit for Q1 2023 was CNY 5,953,244.54, down 19.88% from CNY 7,427,411.91 in the same period last year[20] - The total comprehensive income for Q1 2023 was CNY 5,402,138.35, down from CNY 6,137,952.63 in Q1 2022, indicating a decline of 12.03%[21] Cash Flow and Investments - The net cash flow from operating activities increased by 55.75% to ¥5,252,145.61, compared to ¥3,372,186.91 in Q1 2022[5] - The cash flow from operating activities for Q1 2023 was CNY 5,252,145.61, an increase of 55.67% from CNY 3,372,186.91 in Q1 2022[23] - Investment activities generated a net cash flow of CNY 81,426,866.39 in Q1 2023, compared to a negative cash flow of CNY 69,493,119.15 in Q1 2022[23] - The company experienced a 100% increase in cash paid for investments, totaling ¥170,000,000.00, reflecting increased purchases of financial products[9] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥938,787,493.82, a slight decrease of 0.51% from ¥943,629,300.31 at the end of 2022[5] - Total assets as of March 31, 2023, were CNY 938,787,493.82, down from CNY 943,629,300.31 at the beginning of the year[17] - Total liabilities decreased to CNY 58,072,898.32 from CNY 66,621,191.16, a decline of 12.8%[17] - Total equity attributable to shareholders increased to CNY 880,746,920.88 from CNY 875,323,559.09, a rise of 0.5%[17] Shareholder Information - The number of common shareholders at the end of the reporting period was 60,110[11] - The top two shareholders, Lin Haoliang and Lin Ruowen, hold 28.29% and 25.95% of shares respectively, indicating significant ownership concentration[11] Earnings and Ratios - The basic earnings per share remained stable at ¥0.02, while diluted earnings per share decreased by 50% to ¥0.01[5] - The basic earnings per share for Q1 2023 remained stable at CNY 0.02, while diluted earnings per share decreased to CNY 0.01 from CNY 0.02 in Q1 2022[21] - The weighted average return on equity was 0.62%, slightly down from 0.63% in the previous year[5] Other Income and Expenses - The company reported a significant increase in cash and cash equivalents, rising by 56.73% to ¥240,373,426.18 due to the recovery of receivables[8] - Cash and cash equivalents increased to CNY 240,373,426.18 from CNY 153,372,003.80 at the beginning of the year, representing a growth of 56.7%[15] - The company reported a decrease in research and development expenses to CNY 2,469,173.74 from CNY 2,844,078.94, reflecting a reduction of 13.2% year-over-year[20] - The company experienced a significant increase in other income, which rose to CNY 278,341.03 from CNY 17,043.77 in the previous year[20] - The company received government subsidies amounting to ¥272,625.00, contributing to its financial performance[6] Inventory and Receivables - Accounts receivable decreased to CNY 11,097,709.61 from CNY 13,094,746.45, a decline of 15.2%[15] - Inventory decreased to CNY 107,830,751.05 from CNY 116,508,022.55, a reduction of 7.5%[16] - The company reported a 164.16% increase in cash received from other operating activities, totaling ¥606,851.73, primarily due to increased interest income[8]