kxjd(SZ:300092)2023-04-25 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 387,525,367.75, representing a 44.06% increase compared to CNY 269,010,404.27 in the same period last year[4] - The net profit attributable to shareholders was CNY 45,338,108.55, up 34.28% from CNY 33,763,823.90 year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 44,458,169.53, reflecting a 33.91% increase compared to CNY 33,199,226.97 in the previous year[4] - The basic earnings per share increased by 26.54% to CNY 0.1845 from CNY 0.1458 in the same period last year[4] - Operating profit reached CNY 51,845,766.45, up 38.56% from CNY 37,418,880.48 year-on-year[33] - The company reported a total comprehensive income of CNY 45,338,108.55, compared to CNY 33,585,500.78 in the previous year[34] Assets and Equity - The company's total assets increased by 32.91% to CNY 2,416,003,632.59 from CNY 1,817,840,586.20 at the end of the previous year[4] - The equity attributable to shareholders rose by 72.17% to CNY 1,458,678,967.78 from CNY 847,247,977.18 at the end of the previous year[4] - The total current assets increased to RMB 2,085,809,416.76 from RMB 1,531,292,043.21, representing a growth of 36.1%[29] - The total liabilities decreased slightly to RMB 957,324,664.81 from RMB 970,592,609.02, a reduction of 1.4%[30] Cash Flow - The net cash flow from operating activities was negative at CNY -71,501,166.48, a decline of 91.90% compared to CNY -37,260,486.66 in the previous year[4] - Cash flow from financing activities surged by 12,501.54% to ¥567,530,247.31, resulting from funds raised through a private placement[17] - The company experienced a cash outflow of CNY 224,692,786.29 from operating activities, which was higher than CNY 207,753,853.74 in the previous year[37] - The company reported a significant increase in cash and cash equivalents, with a balance of CNY 708,561,874.08, up 216.11% from CNY 224,147,653.23 at the beginning of the year[8] Expenses - The company's operating costs rose by 46.75% to CNY 302,721,770.06, primarily due to increased sales revenue from delivered products[12] - Sales expenses increased by 79.27% to ¥4,615,781.41 due to higher sales revenue and related service costs[14] - R&D expenses rose by 38.86% to ¥6,521,397.85, driven by investments in core equipment for welding technology, hydrogen energy, and fine chemicals[14] - Financial expenses decreased by 383.86% to -¥758,694.68, primarily due to increased interest income from bank deposits[14] - Investment income turned negative at -¥98,784.28, a decline of 213.97% attributed to losses from equity investments[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,035[19] - The largest shareholder, Lin Zhenhua, holds 15.60% of the shares, totaling 42,729,401 shares[19] - The total number of unrestricted shares held by the top 10 shareholders is 106,381,286 shares, with Lin Zhenhua, Lin Zhenrong, and Lin Zhenfu being the actual controllers of the company[20] - Lin Zhenhua holds 32,047,051 shares, Lin Zhenrong holds 31,165,028 shares, and Lin Zhenfu holds 28,178,630 shares, collectively representing over 5% of the company's shares[22] - The company has issued 42,324,271 new restricted shares to specific investors, which will be released on September 6, 2023[23] Future Outlook and Strategy - The company plans to continue investing in domestic substitution and independent development in key technology areas[14] - The company plans to expand its market presence through strategic partnerships and potential acquisitions in the upcoming quarters[20] - The company is focusing on the development of new technologies and products to enhance its competitive edge in the market[20] - The management has indicated a positive outlook for revenue growth in the next quarter, driven by increased demand for its products[20] - The company is committed to maintaining a stable control structure among its major shareholders to ensure long-term strategic alignment[20]