Precise(SZ:300442)2023-04-21 16:00Financial Performance - The company's revenue for Q1 2023 was ¥808,499,284.48, representing a 31.53% increase compared to ¥614,674,948.25 in the same period last year[4] - Net profit attributable to shareholders for Q1 2023 was ¥329,756,259.04, a 52.73% increase from ¥215,911,349.20 in Q1 2022[4] - The basic earnings per share increased by 20.00% to ¥0.36 from ¥0.30 year-on-year[4] - Total operating revenue for Q1 2023 reached ¥808,499,284.48, an increase of 31.6% compared to ¥614,674,948.25 in the same period last year[25] - Net profit for Q1 2023 was ¥330,015,632.82, representing a 53.1% increase from ¥215,713,969.53 in Q1 2022[26] - The total comprehensive income for Q1 2023 was ¥330,015,632.82, up from ¥215,713,969.53 in Q1 2022, reflecting a growth of 53.0%[27] - Basic and diluted earnings per share for Q1 2023 were both ¥0.36, compared to ¥0.30 in Q1 2022, representing a 20% increase[27] Assets and Liabilities - Total assets as of March 31, 2023, reached ¥20,943,431,701.46, a 30.83% increase from ¥16,008,449,352.33 at the end of the previous year[4] - Total assets as of the end of Q1 2023 were ¥20,943,431,701.46, compared to ¥16,008,449,352.33 at the beginning of the year, reflecting a growth of 30.1%[23] - Total liabilities increased to ¥13,164,224,390.49 from ¥13,044,878,941.29, a rise of 0.9%[23] - Long-term borrowings rose to ¥8,418,529,440.00 from ¥8,117,029,440.00, an increase of 3.7%[23] Cash Flow - Cash flow from operating activities decreased by 23.23% to ¥257,679,497.66 compared to ¥335,650,586.98 in the previous year[4] - Cash inflows from operating activities totaled ¥663,106,654.78, compared to ¥558,420,251.57 in the previous year, marking an increase of 18.7%[30] - The net cash flow from operating activities was ¥257,679,497.66, down from ¥335,650,586.98 in the same period last year, a decrease of 23.2%[30] - The net cash flow from investing activities was -¥2,318,191,724.57, compared to -¥1,462,001,654.84 in Q1 2022, indicating an increase in cash outflow for investments[30] - The net cash flow from financing activities was ¥4,706,412,979.85, up from ¥3,451,373,392.26 in the previous year, reflecting a growth of 36.4%[30] - The cash and cash equivalents at the end of Q1 2023 amounted to ¥4,041,682,366.13, significantly up from ¥1,395,781,613.19 at the beginning of the year[22] - The cash and cash equivalents at the end of Q1 2023 amounted to ¥4,007,353,023.45, an increase from ¥3,424,156,165.12 at the end of Q1 2022, representing a growth of 16.9%[31] Shareholder Structure - The company reported a total of 584,695,846 shares held by its largest shareholder, 京津冀润泽 (Langfang) Digital Information Co., Ltd.[16] - The top 10 unrestricted shareholders collectively hold 1,704,204 shares of the People's Bank of China - Taida Hongli Transformation Opportunity Stock Fund[15] - The company has a total of 25,735,044 shares held by 合肥弘博润泽 Equity Investment Partnership (Limited Partnership)[16] - 平安资本 Limited Liability Company holds 20,584,741 shares, representing 2.16% of the total shares[16] - 启鹭 (Xiamen) Equity Investment Partnership (Limited Partnership) holds 15,438,555 shares, accounting for 1.62% of the total shares[16] - The company has a total of 13,894,700 shares held by 平安鼎创 Equity Investment Management (Shanghai) Co., Ltd.[16] - The total number of shares held by 上海炜贯 Investment Partnership (Limited Partnership) is 11,836,225[16] - The company has 9,325,917 shares held by 共青城润湘 Investment Partnership (Limited Partnership)[16] - The total number of shares held by individual shareholder 魏巍 is 8,517,887, representing 0.89% of the total shares[16] - The company has a total of 1,172,100 shares held by the National Social Security Fund 416 Portfolio[15] Capital and Fundraising - The company completed a capital increase of ¥4.7 billion, significantly boosting its capital reserve by 352.31% to ¥5,625,142,071.14[9] - The company issued a total of 133,446,905 new shares for fundraising, increasing the total share capital to 953,867,583 shares[20] - The company plans to release restricted shares for several shareholders, including 27,795,000 shares for Xinjiang Dayong Minsheng Investment Partnership by August 2025[18] - The company has several new share issuances planned for August 2023, including 10,119,250 shares for Nord Fund Management Co., Ltd.[19] - The company has committed to significant asset restructuring, with shares locked for various stakeholders until August 2025[18] - The company has engaged multiple investment management firms for fundraising, including a total of 8,517,887 shares for Wei Wei[19] - The company has a strategic focus on expanding its shareholder base through fundraising efforts, with multiple new share issuances scheduled for August 2023[19] - The company has not reported any changes in restricted shares during the first quarter of 2023[19] - The company is actively managing its shareholder structure to support future growth and investment strategies[20] - The company has received confirmation from the China Securities Depository and Clearing Corporation regarding the acceptance of its share issuance for fundraising[20] Research and Development - Research and development expenses rose by 35.79% to ¥30,143,791.90, reflecting increased investment in innovation[10] - Research and development expenses for Q1 2023 were ¥30,143,791.90, up from ¥22,199,519.34 in Q1 2022, marking a growth of 35.9%[26] Accounts Receivable - The company experienced a 75.72% increase in accounts receivable, totaling ¥659,118,486.10, primarily due to delayed customer payments[8] - Accounts receivable increased to ¥659,118,486.10 from ¥375,099,485.56, indicating a growth of 75.5%[22]