Financial Performance - The company's operating revenue for Q1 2023 was ¥104,580,750.49, a decrease of 30.05% compared to ¥149,509,732.62 in the same period last year[3]. - The net profit attributable to shareholders was ¥13,075,418.14, representing a significant increase of 213.76% from a loss of ¥11,493,545.37 in the previous year[3]. - The net cash flow from operating activities improved to ¥483,490.23, a 116.52% increase from a negative cash flow of ¥2,925,837.77 in the same period last year[3]. - The basic earnings per share rose to ¥0.07, compared to a loss of ¥0.06 per share in the same period last year, marking a 216.67% improvement[3]. - The weighted average return on equity increased to 1.96%, up 3.63% from -1.67% in the previous year[3]. - The company reported a net profit of ¥10,129,150.94 from non-operating income, compared to ¥77,934.19 in the previous year[33]. - The net profit for Q1 2023 was CNY 12,977,611.27, a significant improvement compared to a net loss of CNY 11,890,727.12 in the same period last year, marking a turnaround of over 200%[34]. - The company reported a total comprehensive income of CNY 12,977,611.27, compared to a total comprehensive loss of CNY 11,944,010.38 in Q1 2022[34]. Asset and Liability Management - The company's total assets decreased by 11.38% to ¥1,102,034,343.80 from ¥1,243,492,197.05 at the end of the previous year[3]. - Total current assets decreased to ¥579,997,576.86 from ¥649,917,953.59, a decline of 10.7%[30]. - Total liabilities decreased to ¥430,743,910.76 from ¥595,045,728.56, a reduction of 27.7%[31]. - Total equity attributable to shareholders increased to ¥672,658,672.45 from ¥659,583,254.31, an increase of 2.3%[31]. Investment and Cash Flow - The company reported a significant increase in investment income, which rose by 739.84% to ¥1,991,559.46 from ¥237,136.60 in the previous year[8]. - The cash flow from investing activities improved by 32.36%, with a net outflow of ¥34,560,336.44 compared to ¥51,093,756.19 in the previous year[9]. - The company incurred a net cash outflow from investing activities of CNY -34,560,336.44, an improvement from CNY -51,093,756.19 in the previous year[37]. - The net cash outflow from financing activities was CNY -13,067,207.02, compared to CNY -24,288,100.38 in Q1 2022, indicating a reduction in cash burn[38]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 27,879[11]. - The largest shareholder, Li Youming, holds 38.00% of the shares, totaling 73,354,862 shares[11]. - The second-largest shareholder, Wuxi Jinhui Venture Capital Co., Ltd., holds 1.91% of the shares, totaling 3,683,523 shares[11]. - The company has a total of 18,338,716 unrestricted shares held by Li Youming[11]. - The company has not disclosed any related party relationships among its top shareholders[11]. - The company has not participated in margin financing activities among its top shareholders[12]. Future Plans and Projects - The company is progressing with its plan to issue A-shares to specific investors, with the registration approval obtained on November 10, 2022[17]. - The company is actively working on the issuance of A-shares and will fulfill its information disclosure obligations in a timely manner[17]. - Jiangxi Guangzhen has obtained land use rights for two plots in Longnan City, with a total area of approximately 98,017.75 square meters and 4,856.98 square meters for the "Annual Production of 50,000 Tons of Electronic Photosensitive Materials and Supporting Materials Project"[20]. - The construction project has received multiple approvals, including a construction permit for a total building area of 79,220.79 square meters[21]. - The project is progressing smoothly, with the main structure of the first workshop nearing completion and plans for trial production by the end of 2023[24]. - Jiangxi Guangzhen plans to invest RMB 3 million to establish a new subsidiary, Jiangxi Yangzhen Optoelectronics, to enhance R&D capabilities in new materials[28]. Operational Efficiency - Total operating costs for Q1 2023 were ¥109,579,527.21, down 33.0% from ¥163,605,416.94 year-over-year[33]. - Operating profit for Q1 2023 was ¥2,317,011.05, a significant improvement from a loss of ¥11,985,510.78 in the previous year[33]. - Research and development expenses for Q1 2023 were ¥7,552,399.08, down from ¥8,429,909.34, a decrease of 10.3%[33]. - The total revenue from sales of goods and services received cash of CNY 99,230,158.98, up from CNY 88,560,877.18, representing an increase of approximately 12.5% year-over-year[37]. - The total operating cash inflow was CNY 101,157,607.96, compared to CNY 92,987,613.98 in Q1 2022, showing a growth of approximately 8.5%[37].
广信材料(300537) - 2023 Q1 - 季度财报