NAR(SZ:002825)2023-04-24 16:00Financial Performance - The company's revenue for Q1 2023 was ¥328,858,845.36, a decrease of 35.07% compared to ¥506,509,460.47 in the same period last year[5] - Net profit attributable to shareholders was ¥20,345,478.21, down 10.60% from ¥22,756,955.98 year-on-year[5] - Basic and diluted earnings per share decreased by 11.11% to ¥0.08 from ¥0.09 in the same period last year[5] - Total operating revenue for the current period is ¥328,858,845.36, a decrease of 35.1% from ¥506,509,460.47 in the previous period[15] - Net profit for the current period is ¥20,948,036.29, a decline of 30.2% compared to ¥29,966,030.65 in the previous period[16] - Operating profit for the current period is ¥23,306,571.06, down 35.7% from ¥36,195,574.61 in the previous period[15] - The company reported a total profit of ¥23,319,030.77, down 33.8% from ¥35,192,678.90 in the previous period[16] Cash Flow and Assets - The net cash flow from operating activities increased by 205.51% to ¥17,707,246.40, compared to ¥5,796,039.69 in the previous year[5] - Cash flow from operating activities is ¥17,707,246.40, an increase from ¥5,796,039.69 in the previous period[19] - Cash and cash equivalents at the end of the reporting period are CNY 455,454,921.76, slightly down from CNY 456,432,096.22[12] - Cash and cash equivalents at the end of the period amount to ¥427,181,491.75, compared to ¥413,777,641.70 at the end of the previous period[20] - Total assets at the end of the reporting period were ¥1,977,490,561.13, reflecting a slight increase of 0.44% from ¥1,968,896,053.99 at the end of the previous year[5] - Current assets total CNY 904,167,320.57, down from CNY 914,933,388.61 at the beginning of the year[12] - The total liabilities amount to CNY 557,778,184.85, a decrease from CNY 571,430,226.12 at the beginning of the year[13] - The company's equity attributable to shareholders is CNY 1,397,969,109.63, up from CNY 1,377,623,631.41 at the beginning of the year[13] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 29,667[10] - The largest shareholder, You Aiguo, holds 28.27% of the shares, totaling 69,157,771 shares[10] Expenses and Financial Changes - The company recorded a 1230.15% increase in financial expenses, rising from ¥320,320.52 to ¥4,260,757.63, primarily due to exchange rate fluctuations[9] - Research and development expenses for the current period are ¥17,395,170.56, a decrease of 23.4% from ¥22,696,995.58 in the previous period[15] Other Financial Metrics - The company experienced a 71.89% reduction in receivables financing, decreasing from ¥10,089,910.15 to ¥2,836,160.68[9] - The company reported a significant decrease in trading financial assets by 35.30%, from ¥90,108,239.41 to ¥58,295,723.76[9] - Accounts receivable increased to CNY 160,306,820.94 from CNY 147,233,950.44 at the beginning of the year[12] - Inventory decreased to CNY 136,965,922.06 from CNY 148,510,732.23 at the beginning of the year[12] - The company has a short-term loan of CNY 111,600,000.00, up from CNY 101,624,960.00 at the beginning of the year[13] - Basic and diluted earnings per share are both ¥0.08, down from ¥0.09 in the previous period[16] Product Development and Strategy - The company did not report any new product developments or market expansion strategies during this quarter[5]