Financial Performance - The company's revenue for Q1 2023 was ¥153,449,827.46, representing a 17.59% increase compared to ¥130,498,065.25 in the same period last year[6] - Net profit attributable to shareholders decreased by 12.52% to ¥2,143,006.03 from ¥2,449,812.40 year-on-year[6] - The net profit after deducting non-recurring gains and losses surged by 2,075.66% to ¥745,908.26, compared to a loss of ¥37,754.86 in the previous year[6] - Total operating revenue for Q1 2023 was CNY 153,449,827.46, an increase of 17.6% compared to CNY 130,498,065.25 in Q1 2022[20] - Net profit for Q1 2023 was CNY 1,765,603.30, a decrease from CNY 1,900,445.77 in Q1 2022, reflecting a decline of 7.1%[21] - The net profit attributable to the parent company for Q1 2023 is CNY 2,143,006.03, a decrease of 12.5% from CNY 2,449,812.40 in the same period last year[22] - The total comprehensive income attributable to the parent company is CNY 2,143,006.03, a decrease of 12.5% from CNY 2,449,812.40 in Q1 2022[22] Cash Flow and Assets - The net cash flow from operating activities was negative at -¥26,762,041.12, a decline of 164.54% from ¥41,466,025.13 in the same period last year[6] - Cash and cash equivalents at the end of Q1 2023 were CNY 70,392,578.10, down from CNY 182,673,686.17 at the end of Q4 2022, a decrease of 61.5%[19] - The company experienced a significant decrease in cash flow from investment activities, with a net cash outflow of -¥59,567,901.31, a decline of 158.10% compared to the previous year[10] - The net cash flow from operating activities is negative at CNY -26,762,041.12, compared to a positive CNY 41,466,025.13 in Q1 2022, indicating a significant decline[25] - Total cash inflow from operating activities is CNY 172,752,823.73, down 53.7% from CNY 372,149,067.07 in the previous year[25] - Cash outflow from operating activities is CNY 199,514,864.85, a decrease of 39.7% compared to CNY 330,683,041.94 in Q1 2022[25] - The net cash flow from investing activities is CNY -59,567,901.31, compared to a positive CNY 102,530,916.35 in the same period last year[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 87,694, with the largest shareholder holding 20.19% of the shares[11] - The total number of shares held by the top 10 unrestricted shareholders is 73,162,839 shares, with the largest shareholder being Lin Hao[12] - The total number of shares held by the largest unrestricted shareholder, Lin Hao, is 73,162,839 shares[12] - The company reported a total of 246,826,712 restricted shares at the beginning of the period, with 17,174,909 shares released during the quarter, leaving 229,651,803 restricted shares at the end[15] - The company has a high executive lock-up policy, allowing executives to transfer no more than 25% of their total shares during their tenure[15] - The report highlights the importance of shareholder relationships, with no known associations among the top shareholders[12] - The report emphasizes the significance of maintaining a balanced shareholder structure to support long-term growth[12] Operational Costs and Expenses - Total operating costs for Q1 2023 were CNY 146,477,577.38, up from CNY 131,778,494.57 in the same period last year, representing a 11.2% increase[21] - The company reported a significant increase in research and development expenses, which rose to CNY 34,092,805.78 from CNY 31,959,918.73, an increase of 6.7%[21] Compliance and Reporting - The company’s financial statements are prepared in accordance with relevant accounting standards, ensuring transparency and accuracy in reporting[16] - The company is committed to adhering to regulatory requirements regarding share transfers and executive holdings[15] - The report indicates that the first quarter report is unaudited[27] - The company has implemented a structured approach to managing restricted shares, with specific release dates and conditions outlined for executives[15] - The company’s first quarter report indicates a focus on maintaining shareholder value through strategic share management and compliance with regulations[15] Inventory and Receivables - Accounts receivable increased slightly to CNY 431,256,980.28 from CNY 429,447,859.04, indicating a marginal growth of 0.4%[19] - Inventory as of Q1 2023 was CNY 741,185,834.48, compared to CNY 724,282,341.37 in Q4 2022, showing an increase of 2.3%[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,670,325,201.00, down 0.95% from ¥2,695,974,518.29 at the end of the previous year[6] - Total assets decreased to CNY 2,670,325,201.00 from CNY 2,695,974,518.29, a decline of 0.96%[19] - Total liabilities decreased to CNY 1,127,241,763.07 from CNY 1,154,653,533.66, a reduction of 2.4%[19] Product Development - The company has not reported any new product launches or major market expansions during this quarter[20] - The company has not reported any new product or technology developments in this quarter[22]
北信源(300352) - 2023 Q1 - 季度财报