ConST(SZ:300445)2023-04-24 16:00Financial Performance - In Q1 2023, the company achieved revenue of CNY 107.15 million, a year-on-year increase of 44.23%[10] - The net profit attributable to shareholders was CNY 16.41 million, representing a growth of 34.85% compared to the same period last year[10] - The company's basic earnings per share increased to CNY 0.08, up 33.33% from CNY 0.06 in the previous year[4] - Total operating revenue for Q1 2023 reached ¥107,154,691.45, a significant increase of 44.3% compared to ¥74,294,478.64 in Q1 2022[21] - Net profit for Q1 2023 was ¥17,045,530.35, representing a 43.3% increase from ¥11,868,333.78 in Q1 2022[22] - Total comprehensive income for Q1 2023 was CNY 15,887,757.58, an increase from CNY 11,569,497.47 in Q1 2022, representing a growth of approximately 37.5%[23] Market Performance - Domestic market revenue reached CNY 58.35 million, a significant increase of 65.1% year-on-year[11] - International market revenue was CNY 48.81 million, showing a stable growth of 25.3% compared to the previous year[11] Expenses and Costs - Operating costs for the same period were ¥97,253,738.74, up 50.8% from ¥64,522,184.97 in the previous year[21] - Research and development expenses amounted to CNY 24.84 million, accounting for 23.2% of total revenue, with a year-on-year decrease of 1.9% in proportion[11] - The company's R&D expenses increased to ¥17,139,820.22, up 55.0% from ¥11,052,748.57 in the previous year, indicating a strong focus on innovation[21] - The company paid CNY 60,005,082.98 to employees, which increased from CNY 55,423,685.30 in the previous year, reflecting a rise of about 8.9%[26] Cash Flow and Liquidity - The net cash flow from operating activities improved to CNY -9.10 million, a 26.07% reduction in losses compared to the previous year[4] - Cash inflow from operating activities totaled CNY 104,302,429.93, up from CNY 85,966,420.12 in Q1 2022, indicating a growth of about 21.1%[25] - Cash outflow from operating activities was CNY 113,401,767.62, compared to CNY 98,274,004.17 in the previous year, reflecting an increase of approximately 15.4%[26] - Cash flow from investment activities showed a net outflow of CNY -28,209,158.43, an improvement from CNY -90,289,705.72 in Q1 2022[26] - The total cash and cash equivalents at the end of the period were CNY 176,301,300.25, down from CNY 224,288,227.34 at the end of Q1 2022[26] Assets and Liabilities - The company reported a total asset value of CNY 1.17 billion at the end of the reporting period, a slight decrease of 0.38% from the previous year[4] - Total assets as of Q1 2023 were ¥1,166,488,837.14, slightly down from ¥1,170,892,957.55 at the end of the previous quarter[20] - Total liabilities decreased to ¥137,445,741.49 from ¥157,737,619.48, reflecting improved financial health[20] - The total equity attributable to shareholders increased to ¥1,009,018,495.10 from ¥993,771,106.24, showing growth in shareholder value[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 9,032[13] - The largest shareholder, Jiang Weili, holds 16.56% of the shares, totaling 35,181,040 shares, with 6,150,000 shares pledged[13] - The top ten shareholders include He Xin with 14.50% (30,806,310 shares) and Pu Jiangchuan with 11.05% (23,467,680 shares)[13] - The company plans to release 25% of the locked shares for major shareholders on January 1, 2024[15] - The total number of locked shares at the end of the period is 74,221,230 shares[16] Other Information - The overall gross margin for Q1 2023 was 56.4%, a decrease of 3.6% year-on-year, primarily due to U.S. trade tariffs and increased depreciation of new fixed assets[11] - The company has not disclosed any new product developments or market expansion strategies in the current report[17]