Financial Performance - The company's revenue for Q1 2023 was CNY 31,745,289.71, representing a 63.80% increase compared to CNY 19,380,677.49 in the same period last year[5] - The net loss attributable to shareholders was CNY -2,975,645.68, a slight improvement of 4.36% from CNY -3,111,315.56 in the previous year[5] - Total operating revenue for Q1 2023 reached ¥31,745,289.71, a significant increase from ¥19,380,677.49 in the same period last year[21] - Net profit for Q1 2023 was a loss of ¥2,975,645.68, slightly improved from a loss of ¥3,111,315.56 in Q1 2022[22] - Operating profit for the quarter was reported at -¥2,311,140.77, compared to -¥2,234,038.48 in the previous year[22] Cash Flow - The net cash flow from operating activities was CNY -27,504,520.29, a significant decline of 198.08% compared to CNY 28,042,768.71 in Q1 2022[5] - Cash flow from operating activities was ¥43,107,917.76, a decrease from ¥73,866,089.15 in the same quarter last year[24] - The net cash flow from investment activities was -59,301,546.80 CNY, contrasting with a positive 16,695,969.16 CNY in the previous year[25] - Cash and cash equivalents at the end of the period totaled 155,207,425.39 CNY, down from 289,144,945.47 CNY year-over-year[25] - The total cash outflow from operating activities was 72,311,789.15 CNY, up from 46,931,153.70 CNY year-over-year[25] Assets and Liabilities - Total assets decreased by 2.85% to CNY 637,327,428.51 from CNY 656,001,851.49 at the end of the previous year[5] - The company’s total liabilities increased by 44.56% in contract liabilities, reaching CNY 23,225,971.65, primarily due to an increase in advance payments received[8] - The total liability of the company was ¥112,980,387.51, down from ¥128,679,164.81 year-over-year[22] - The total equity attributable to shareholders was ¥524,347,041.00, slightly down from ¥527,322,686.68 in the previous year[22] Inventory and Expenses - The company's inventory rose by 38.93% to CNY 64,317,967.33, compared to CNY 46,293,927.60 in the previous year[8] - Total operating costs amounted to ¥39,213,360.24, up from ¥28,010,190.27 year-over-year[22] - Sales expenses increased by 50.31% to CNY 9,860,518.29, driven by heightened marketing efforts[9] - Research and development expenses totaled ¥3,083,534.47, compared to ¥2,996,871.88 in the previous year, indicating a focus on innovation[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 5,569[12] - The largest shareholder, Shanghai Changyun Enterprise Management Partnership, holds 20.08% of shares, totaling 25,696,270 shares[13] - The company has no reported participation in margin trading activities among the top ten shareholders[13] Other Information - The company has established a joint venture, Shenzhen Sanhui Energy Technology Co., Ltd., with a registered capital of RMB 50 million, where the company contributes RMB 25.5 million, accounting for 51%[14] - The company did not conduct an audit for the first quarter report[26] - The company is focusing on improving operational efficiency to mitigate losses and enhance profitability in future quarters[22]
三晖电气(002857) - 2023 Q1 - 季度财报