sundy(SZ:300515)2023-04-24 16:00Financial Performance - The company's revenue for Q1 2023 was ¥78,496,390.34, representing a 5.37% increase compared to ¥74,495,493.22 in the same period last year[4] - Net profit attributable to shareholders was ¥15,851,237.18, up 6.66% from ¥14,861,507.52 year-on-year[4] - The total operating revenue for Q1 2023 was RMB 78,496,390.34, an increase of 5.4% compared to RMB 74,495,493.22 in the same period last year[18] - The net profit for Q1 2023 was CNY 16,331,077.32, compared to CNY 16,073,986.40 in Q1 2022, reflecting a growth of about 1.6%[19] - The total comprehensive income for Q1 2023 was CNY 16,228,454.79, slightly down from CNY 16,272,358.64 in Q1 2022, indicating a decrease of about 0.3%[20] Cash Flow and Liquidity - The net cash flow from operating activities was -¥15,458,998.71, an improvement of 7.75% compared to -¥16,757,094.31 in the previous year[4] - The company's cash and cash equivalents decreased to RMB 30,925,279.91 from RMB 61,296,319.22 at the beginning of the year, representing a decline of 49.5%[15] - The cash flow from operating activities in Q1 2023 showed a net outflow of CNY -15,458,998.71, slightly improved from CNY -16,757,094.31 in Q1 2022[23] - The cash and cash equivalents at the end of Q1 2023 were CNY 16,848,422.71, compared to CNY 14,262,063.41 at the end of Q1 2022, marking an increase of about 18.2%[24] - The investment activities generated a net cash outflow of CNY -14,784,302.36 in Q1 2023, compared to a net inflow of CNY 1,791,430.36 in Q1 2022[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,091,691,576.88, a 2.00% increase from ¥1,070,239,171.02 at the end of the previous year[4] - Accounts receivable increased to RMB 186,301,828.80 from RMB 180,703,716.40, showing a growth of 3.3%[15] - Inventory rose to RMB 216,884,951.52, up from RMB 177,780,260.88, indicating a significant increase of 22%[15] - Total liabilities increased to RMB 352,565,916.91 from RMB 348,367,953.31, marking a rise of 1.3%[16] - The equity attributable to shareholders of the parent company was RMB 723,982,496.47, up from RMB 707,241,702.48, which is an increase of 2.4%[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,785[10] - The largest shareholder, Hunan Sande Investment Holding Co., Ltd., held a 33.56% stake, amounting to 69,062,300 shares[10] Operating Costs and Expenses - The total operating costs for Q1 2023 were CNY 64,199,649.79, an increase from CNY 59,894,343.14 in Q1 2022, representing an increase of approximately 5.4%[19] - The company reported a tax expense of CNY 1,798,614.77 for Q1 2023, down from CNY 2,257,423.11 in Q1 2022, reflecting a decrease of approximately 20.3%[19] - The research and development expenses for Q1 2023 were CNY 10,294,381.52, an increase from CNY 9,497,595.75 in Q1 2022, representing a growth of about 8.4%[19] Other Income and Government Subsidies - The company received government subsidies amounting to ¥1,090,498.87 during the reporting period, contributing to a significant increase in other income by 560.62%[8] - The company reported a significant increase in receivables financing, which rose by 2685.66% to ¥10,748,724.92 due to higher acceptance bills received[7] Earnings Per Share - The company's basic earnings per share increased to ¥0.0763, reflecting a 4.23% rise from ¥0.0732 in the same period last year[4] - The basic earnings per share for Q1 2023 was CNY 0.0763, an increase from CNY 0.0732 in Q1 2022, representing a growth of approximately 4.2%[20] Return on Equity - The weighted average return on equity was 2.22%, slightly down from 2.31% year-on-year[4] Product Development and Market Strategy - The company has not disclosed any new product developments or market expansion strategies in the current report[14]