ZYGF(SZ:300018)2023-04-25 16:00Financial Performance - The company's revenue for Q1 2023 was ¥69,700,682.43, an increase of 8.28% compared to ¥64,372,392.42 in the same period last year[4] - Net profit attributable to shareholders was ¥12,876,321.80, a significant turnaround from a loss of ¥23,089,462.59 in the previous year, representing a growth of 155.77%[4] - The net profit after deducting non-recurring gains and losses was ¥8,697,817.41, compared to a loss of ¥2,077,288.28 last year, marking an increase of 518.71%[4] - Basic and diluted earnings per share were both ¥0.027, compared to a loss of ¥0.048 in the same period last year, reflecting a growth of 155.77%[4] - The total operating revenue for Q1 2023 was CNY 69,700,682.43, an increase of 8.5% compared to CNY 64,372,392.42 in the same period last year[25] - The net profit for Q1 2023 was CNY 12,870,802.74, a significant recovery from a net loss of CNY 25,444,842.65 in the previous year[26] - The total comprehensive income for the first quarter was CNY 12,870,802.74, a decrease of 25,444,842.65 compared to the previous period[27] Assets and Liabilities - The company's total assets at the end of Q1 2023 were ¥1,356,363,171.64, a decrease of 2.28% from ¥1,387,956,265.38 at the end of the previous year[4] - The company's total assets as of March 31, 2023, were CNY 1,356,363,171.64, down from CNY 1,387,956,265.38 at the beginning of the year[24] - Current assets totaled CNY 926,339,475.53, a decrease of 6.1% from CNY 986,989,801.55 at the start of the year[23] - The total liabilities decreased to CNY 122,241,992.78 from CNY 166,945,889.26, a reduction of approximately 26.8%[24] Cash Flow - Cash flow from operating activities showed a net outflow of ¥40,982,882.49, worsening by 108.74% compared to a net outflow of ¥19,633,558.27 last year[4] - Cash inflow from investment activities was CNY 664,966,872.85, significantly higher than CNY 76,824,973.44 in the previous year[30] - Cash outflow from investment activities totaled CNY 726,250,428.27, compared to CNY 182,465,859.73 in the previous year[30] - The net cash flow from investment activities was CNY -61,283,555.42, an improvement from CNY -105,640,886.29 in the previous year[30] - The ending balance of cash and cash equivalents was CNY 99,310,812.76, down from CNY 120,092,729.76 in the previous year[31] - The company reported a cash inflow from operating activities of CNY 92,561,440.97, down from CNY 105,864,326.92 in the previous year[29] Investment Activities - Investment income for Q1 2023 was ¥2,942,137.60, an increase of 653.35% compared to the same period last year[9] - The company reported a significant increase in cash recovered from investments, totaling ¥659,343,790.45, which is an increase of 1077.80% year-on-year[11] - The company’s cash paid for investments in Q1 2023 was ¥724,000,000.00, an increase of 305.62% compared to the previous year[11] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 27,424, with no preferred shareholders[13] Sector Performance - In the smart grid sector, the company generated revenue of RMB 66.66 million, marking a year-on-year increase of 29.58%[18] - The total contract amount signed was RMB 119.26 million, reflecting a year-on-year growth of 7.69%[19] - The company secured key projects including ±800KV Shanbei Converter Station fault recording project and ±500kV Nanjiao Converter Station DC equipment renovation[19] Research and Development - The company obtained 3 invention patents and 3 utility model patents during the reporting period[20] - Research and development expenses were CNY 14,302,094.26, down from CNY 17,861,025.53, indicating a reduction of about 20%[25] Awards and Recognition - The company received the State Grid Technology Standard Innovation Contribution Award for seven standards, including GB/T 37911.1-2019[21] Cost Management - The total operating costs decreased to CNY 62,558,499.17 from CNY 70,020,876.26, representing a reduction of approximately 10.5%[25] - The company reported a significant reduction in sales expenses, which fell to CNY 7,826,519.57 from CNY 11,311,766.67, a decrease of approximately 30%[25] Other Information - The company transferred all equity of Guangzhou Suihua in December 2022, which previously reported a net loss of RMB 1.60 million[18] - The company did not conduct any mergers or acquisitions during the reporting period[32]