亚世光电(002952) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥191,941,244.85, representing a 16.79% increase compared to ¥164,342,233.34 in the same period last year[4] - Net profit attributable to shareholders for Q1 2023 was ¥16,998,004.94, a significant increase of 77.83% from ¥9,558,715.51 in the previous year[4] - The company's net profit for Q1 2023 reached CNY 17,174,512.34, a significant increase of 86.5% compared to CNY 9,205,624.64 in Q1 2022[20] - Operating profit for the quarter was CNY 19,421,049.66, up from CNY 10,346,661.83 in the same period last year, reflecting an increase of 87.5%[20] - Total comprehensive income for the period was CNY 17,174,512.34, compared to CNY 9,205,624.64 in the previous year, indicating strong growth[21] Cash Flow - The net cash flow from operating activities reached ¥58,461,956.65, a remarkable increase of 478.97% compared to -¥15,426,539.88 in Q1 2022[9] - The company reported a net cash flow from operating activities of CNY 58,461,956.65, a turnaround from a negative cash flow of CNY -15,426,539.88 in the previous year[24] - Cash and cash equivalents at the end of Q1 2023 amounted to CNY 145,298,392.26, up from CNY 126,590,193.32 at the beginning of the year[15] - Cash and cash equivalents at the end of the period totaled CNY 145,298,392.26, up from CNY 61,757,062.11 at the end of the previous year[25] - The company reported a decrease in investment activities cash flow net amounting to CNY -35,195,491.40, compared to CNY -38,523,885.50 in the previous year[24] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥1,227,361,727.00, a decrease of 2.38% from ¥1,257,302,878.12 at the end of the previous year[4] - Total assets as of March 31, 2023, were CNY 1,227,361,727.00, down from CNY 1,257,302,878.12 at the beginning of the year[17] - Total liabilities decreased to CNY 279,700,651.04 from CNY 325,120,186.50, indicating a reduction in financial obligations[17] Equity - The company’s total equity attributable to shareholders increased by 1.69% to ¥921,343,852.90 compared to ¥906,041,975.96 at the end of the previous year[4] - The company's equity attributable to shareholders increased to CNY 921,343,852.90 from CNY 906,041,975.96, showing growth in shareholder value[17] Expenses - The company reported a significant increase in sales expenses, which rose by 127.73% to ¥5,312,723.65 due to increased overseas sales commissions[8] - Financial expenses surged by 204.62% to ¥3,428,636.33, primarily due to exchange losses from fluctuations in the USD/RMB exchange rate[8] - The total operating expenses increased to CNY 153,164,172.27 from CNY 138,149,936.04 in the previous year, reflecting a rise of 10.5%[20] - The company incurred research and development expenses of CNY 7,276,817.09, slightly down from CNY 7,913,048.29 in the previous year[20] Accounts Receivable and Inventory - The company experienced a 40.14% decrease in accounts receivable, totaling ¥147,997,115.97, mainly due to the collection of overdue payments from last year's electronic paper products[7] - Accounts receivable decreased to CNY 147,997,115.97 from CNY 247,251,364.08 at the beginning of the year, indicating improved collection efficiency[15] - Inventory decreased to CNY 351,171,448.33 from CNY 369,185,891.35, reflecting better inventory management[15] Share Buyback and Product Development - The company repurchased 2,000,000 shares, completing the buyback program[12] - The company has not disclosed any new product developments or market expansion strategies in this report[12]