GL TECH(SZ:300480)2023-04-19 16:00Financial Performance - The company's revenue for Q1 2023 was ¥143,090,166.46, representing a 19.16% increase compared to ¥120,080,657.72 in the same period last year[4] - Net profit attributable to shareholders was ¥21,895,343.19, an increase of 8.62% from ¥20,158,009.71 year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥16,738,836.89, up 32.02% from ¥12,678,834.44 in the previous year[4] - The total comprehensive income for Q1 2023 was 25,551,268.97 CNY, compared to 19,330,899.10 CNY in Q1 2022, indicating a growth of around 32.16%[18] - Net profit for Q1 2023 reached 21,960,497.17 CNY, compared to 20,170,504.45 CNY in the same period last year, marking an increase of about 8.87%[17] Cash Flow and Liquidity - The net cash flow from operating activities was -¥30,922,168.12, a decline of 42.95% compared to -¥21,631,921.32 in the same period last year[4] - Cash flow from operating activities showed a net outflow of 30,922,168.12 CNY in Q1 2023, worsening from a net outflow of 21,631,921.32 CNY in Q1 2022[20] - The cash and cash equivalents at the end of Q1 2023 were CNY 352,941,371.00, down 27.1% from CNY 485,066,300.07 at the beginning of the year[13] - The cash and cash equivalents at the end of Q1 2023 were 352,565,289.02 CNY, down from 429,598,809.99 CNY at the end of Q1 2022, a decrease of about 17.94%[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,684,117,072.69, down 5.39% from ¥1,780,015,552.83 at the end of the previous year[4] - Total assets decreased to CNY 1,684,117,072.69 from CNY 1,780,015,552.83 at the start of the year, reflecting a decline of 5.4%[15] - Total liabilities decreased to CNY 257,331,934.04, down 31.5% from CNY 376,330,902.56 at the beginning of the year[15] - The equity attributable to shareholders of the parent company increased to CNY 1,417,872,516.94 from CNY 1,394,837,182.54, reflecting a growth of 1.6%[15] Research and Development - Research and development expenses increased by 43.07% to ¥23,687,274.69 from ¥16,555,884.86 year-on-year[8] - Research and development expenses rose to 23,687,274.69 CNY in Q1 2023, up from 16,555,884.86 CNY in Q1 2022, reflecting a significant increase of approximately 42.91%[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,969[10] Government Support - The company received government subsidies amounting to ¥5,878,121.19 during the reporting period[5] Market Outlook - Future outlook includes potential market expansion and new product development, although detailed projections were not provided in the content[16]