JGBR(SZ:300421)2023-04-25 16:00Financial Performance - The company's revenue for Q1 2023 was ¥233,587,516.58, representing a 1.09% increase compared to ¥231,080,010.40 in the same period last year[5] - Net profit attributable to shareholders increased by 37.52% to ¥16,811,579.59 from ¥12,224,427.07 year-on-year[5] - Basic and diluted earnings per share rose by 38.87% to ¥0.0686 from ¥0.0494 in the same period last year[5] - The total operating revenue for the first quarter of 2023 was CNY 233,587,516.58, an increase from CNY 231,080,010.40 in the same period last year, representing a growth of approximately 1.09%[19] - The total profit before tax for Q1 2023 was CNY 19,183,417.98, up from CNY 14,635,035.70 in Q1 2022, reflecting a growth of 30.5%[20] - The total comprehensive income for Q1 2023 was CNY 16,298,041.29, compared to CNY 13,496,021.51 in Q1 2022, marking an increase of 20.7%[21] Cash Flow and Investments - The net cash flow from operating activities improved significantly, with a net outflow of -¥22,260,509.76, a 68.66% reduction from -¥71,019,790.80 in the previous year[5] - The cash flow from operating activities showed a net outflow of CNY -22,260,509.76, an improvement from CNY -71,019,790.80 in the same period last year[22] - The company incurred a net cash outflow from investing activities of CNY -25,333,722.25, compared to CNY -8,297,779.85 in Q1 2022, indicating increased investment activity[23] - Cash and cash equivalents at the end of Q1 2023 stood at CNY 91,995,201.38, a decrease from CNY 73,639,404.84 at the end of Q1 2022[23] - The company received CNY 70,000,000.00 in cash from financing activities, an increase from CNY 40,000,000.00 in Q1 2022, indicating stronger financing efforts[23] Assets and Liabilities - Total assets decreased by 2.21% to ¥1,748,402,267.59 from ¥1,787,917,895.80 at the end of the previous year[5] - Total liabilities decreased to CNY 462,928,377.80 from CNY 518,742,047.30, a reduction of approximately 10.8%[18] - Accounts receivable increased to CNY 326,381,040.24 from CNY 319,183,412.56, reflecting a rise of approximately 2.5%[15] - Inventory levels rose slightly to CNY 312,967,625.85 from CNY 307,385,465.84, an increase of about 1.9%[15] Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,747[9] - The largest shareholder, Shi Xianggui, holds 22.47% of the shares, totaling 55,633,396 shares[9] - The company has a total of 57,908,702 restricted shares at the end of the reporting period[11] - The number of shares held by the top 10 shareholders includes significant stakes from natural persons, with Shi Xianggui being the most prominent[9] - The company has no preferred shareholders as per the report[10] - There are no changes in the restricted shares during the reporting period[11] - The company has a total of 41,725,047 shares locked by executives, which are subject to a 25% annual release[11] - The report indicates that there are no new shares issued or additional restrictions placed during the quarter[11] Research and Development - Research and development expenses decreased by 33.03% to ¥10,320,529.04, attributed to a reduction in R&D projects[8] - The company aims to strengthen its core competitiveness through continuous technological innovation and research[13] - The company’s technology center has been recognized as a national enterprise technology center, enhancing its innovation capabilities[13] Government Subsidies and Other Income - The company received government subsidies amounting to ¥3,207,086.86, which contributed to an 82.97% increase in other income[6][8] - Accounts receivable financing decreased by 39.39% to ¥39,990,060.48, primarily due to an increase in bill settlements during the reporting period[8] - Prepayments increased significantly by 106.52% to ¥14,740,895.45, mainly due to an increase in advance payments for goods[8]