通合科技(300491) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 reached ¥118,831,465.80, representing a 78.40% increase compared to ¥66,610,930.13 in the same period last year[5] - Net profit attributable to shareholders was ¥15,767,645.56, a significant turnaround from a loss of ¥8,265,691.11 in the previous year, marking a 290.76% increase[5] - Basic earnings per share rose to ¥0.09, compared to a loss of ¥0.05 per share in the same quarter last year, reflecting a 280.00% increase[5] - Net profit for Q1 2023 was CNY 15,767,645.56, compared to a net loss of CNY 8,389,365.98 in Q1 2022, indicating a significant turnaround[21] - The company reported total revenue from sales of goods and services of CNY 91,143,732.49 in Q1 2023, a significant increase from CNY 36,850,844.88 in Q1 2022[23] Cash Flow and Liquidity - The net cash flow from operating activities improved to -¥2,385,232.97, a 93.10% increase from -¥34,571,225.25 year-on-year[5] - Operating cash flow for Q1 2023 was negative at CNY -2,385,232.97, an improvement from CNY -34,571,225.25 in Q1 2022[24] - Cash and cash equivalents at the end of Q1 2023 stood at CNY 258,845,702.73, compared to CNY 163,938,234.64 at the end of Q1 2022, showing a 58% increase[24] - The company's cash and cash equivalents decreased to CNY 271,520,729.61 from CNY 303,573,112.83 at the beginning of the year, reflecting a decline of approximately 10.5%[16] - Investment activities resulted in a net cash outflow of CNY -35,169,970.49 in Q1 2023, compared to CNY -142,432,637.60 in Q1 2022, indicating a reduction in cash outflow[24] - Financing activities generated a net cash inflow of CNY 9,095,735.56 in Q1 2023, compared to CNY 1,034,745.56 in Q1 2022, reflecting improved financing conditions[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,607,505,264.13, up 3.28% from ¥1,556,480,775.37 at the end of the previous year[5] - Total assets as of March 31, 2023, amounted to CNY 1,607,505,264.13, up from CNY 1,556,480,775.37 at the beginning of the year, marking an increase of about 3.3%[17] - Total liabilities increased to CNY 579,395,473.68 from CNY 544,563,242.50, reflecting a rise of approximately 6.4%[17] - The company's total equity as of March 31, 2023, was CNY 1,028,109,790.45, compared to CNY 1,011,917,532.87 at the beginning of the year, indicating a growth of about 1.6%[17] Research and Development - The company reported a significant increase in R&D expenses, which amounted to ¥15,240,762.01, a 58.77% rise from ¥9,599,275.24 in the previous year, indicating a focus on innovation[9] - Research and development expenses increased to CNY 15,240,762.01 in Q1 2023 from CNY 9,599,275.24 in Q1 2022, reflecting a 58% rise[20] Other Income and Expenses - Other income surged to ¥14,563,574.74, a 528.29% increase from ¥2,317,953.93, primarily due to increased government subsidies[9] - Total operating costs for Q1 2023 were CNY 117,553,555.28, up from CNY 75,841,931.98 in Q1 2022, representing a 55% increase[20] - The company incurred total sales expenses of CNY 9,424,204.44 in Q1 2023, up from CNY 7,159,087.86 in Q1 2022, marking a 32% increase[20] Contract Liabilities and Prepayments - The company experienced a 182.66% increase in contract liabilities, reaching ¥13,601,735.11, attributed to higher prepayments received[9] Share Information - The company has a total of 19,587,970.00 shares under lock-up, with a portion expected to unlock at a rate of 25% annually[14] Return on Equity - The weighted average return on equity improved to 1.55%, compared to -0.86% in the previous year, indicating better profitability[5] Investment Plans - The company plans to continue expanding its investment in domestic military power supply projects, as indicated by a 103.83% increase in construction in progress[9]