通源石油(300164) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 202,386,632.39, representing a 44.81% increase compared to CNY 139,760,011.96 in the same period last year[4] - Net profit attributable to shareholders for Q1 2023 reached CNY 16,562,300.33, a significant increase of 829.08% from CNY 1,782,662.17 in Q1 2022[4] - Basic and diluted earnings per share for Q1 2023 were CNY 0.0296, up 770.59% from CNY 0.0034 in Q1 2022[4] - The company reported a net profit growth of 806.14% year-on-year, driven by increases in revenue and gross profit[13] - The total comprehensive income for the first quarter was CNY 14,700,507.97, compared to a loss of CNY 672,828.65 in the previous period[35] Cash Flow - The net cash flow from operating activities improved to CNY 8,874,295.16, compared to a negative cash flow of CNY 21,589,145.81 in the previous year, marking a 141.11% increase[4] - Cash received from sales and services increased by 39.53% year-on-year, attributed to higher business volume from overseas subsidiaries[15] - Cash paid for purchasing goods and services rose by 33.18% year-on-year, reflecting increased procurement activities[15] - Cash paid to employees increased by 48.86% year-on-year, linked to higher labor costs due to increased workload[15] - Cash inflow from operating activities totaled CNY 210,427,264.08, while cash outflow was CNY 201,552,968.92, resulting in a net cash flow of CNY 8,874,295.16[38] Assets and Liabilities - Total assets as of March 31, 2023, were CNY 1,845,588,614.15, reflecting a 5.94% increase from CNY 1,742,100,107.12 at the end of the previous year[4] - Total liabilities decreased to CNY 564,110,143.90 in Q1 2023 from CNY 630,701,376.83 in Q1 2022, reflecting a reduction of 10.5%[31] - The company's cash and cash equivalents increased by 84.19% to CNY 293,987,109.36, primarily due to funds raised from issuing shares[10] - The company's accounts receivable decreased slightly to RMB 378,875,268.83 from RMB 380,903,679.38, indicating a stable collection process[29] Investment and Expenses - The company recorded a significant increase in investment income, reaching CNY 308,323.29, compared to a loss of CNY 97,360.28 in Q1 2022, marking a 416.68% improvement[11] - Financial expenses surged to CNY 2,861,017.37, a dramatic increase of 4736.59% compared to CNY 59,153.66 in the same period last year[11] - Research and development expenses for Q1 2023 were CNY 1,846,093.80, a decrease from CNY 2,198,835.96 in Q1 2022[34] Shareholder Information - The company issued 46,647,230 shares at a price of RMB 3.43 per share, raising a total of RMB 159,999,998.90, with a net amount of RMB 154,955,048.69 after deducting issuance costs[25] - The total number of shares outstanding increased from 544,261,399 to 590,908,629 following the issuance[25] - The company is committed to maximizing shareholder value, particularly for minority shareholders, in light of the ongoing arbitration[26] Arbitration and Legal Matters - The company is currently involved in arbitration regarding a significant compensation amount of RMB 99,665,753 due from a subsidiary's original shareholders[26] - The company plans to continue monitoring the arbitration process closely and will ensure timely disclosures regarding any developments[27] Other Income - Other income increased by 128.45% year-on-year, mainly due to a rise in government subsidies[13] - The total non-recurring gains and losses amounted to CNY 3,305,979.58 for the quarter, with the largest contributions from asset disposal gains and government subsidies[5]