EMPTECH(300546)2023-04-25 16:00Financial Performance - The company's revenue for Q1 2023 reached ¥112,663,942.44, a significant increase of 194.97% compared to ¥38,195,180.24 in the same period last year[5] - Net profit attributable to shareholders was ¥3,699,575.92, marking a turnaround from a loss of ¥17,068,001.38 in Q1 2022, representing a growth of 121.68%[5] - Basic earnings per share rose to ¥0.0259 from a loss of ¥0.1257, indicating a 120.60% improvement[5] - Total operating revenue for Q1 2023 reached CNY 112.66 million, a significant increase from CNY 38.20 million in Q1 2022, representing a growth of 194%[21] - The net profit for Q1 2023 was CNY 3.70 million, a turnaround from a net loss of CNY 17.20 million in Q1 2022[22] - Total comprehensive income for the first quarter was CNY 3,691,684.08, compared to a loss of CNY 17,194,488.60 in the same period last year[23] Cash Flow - The net cash flow from operating activities improved to ¥9,929,976.43, compared to a negative cash flow of ¥52,175,944.30 in the previous year, reflecting a 119.03% increase[11] - Net cash flow from operating activities was CNY 9,929,976.43, a significant improvement from a negative cash flow of CNY 52,175,944.30 in the prior year[25] - The net cash flow from investing activities was ¥171,348,188.04, a remarkable increase of 593.66% compared to the previous year[11] - Cash inflow from investment activities totaled CNY 442,488,020.45, compared to CNY 216,000.00 in the same period last year[26] - Net cash flow from investment activities was CNY 171,348,188.04, recovering from a negative cash flow of CNY 34,709,808.98 in the previous year[26] Assets and Liabilities - Total assets decreased by 4.33% to ¥1,304,361,299.38 from ¥1,363,441,165.35 at the end of the previous year[5] - The total assets decreased to CNY 1.30 billion in Q1 2023 from CNY 1.36 billion in Q1 2022, a decline of approximately 4.3%[19] - Total liabilities decreased to CNY 211.47 million in Q1 2023 from CNY 274.24 million in Q1 2022, a reduction of about 22.8%[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 21,991[12] - The largest shareholder, Gao Jing, holds 31.20% of the shares, totaling 44,526,040 shares[12] - The total number of restricted shares held by major shareholders at the end of the period is 42,684,940 shares[15] - The total number of shares held by the top ten shareholders accounts for a significant portion of the company's equity, indicating concentrated ownership[12] Operating Costs and Expenses - The company reported a significant increase in operating costs, which rose by 247.81% to ¥67,017,045.46, reflecting the increase in revenue[10] - Operating costs for Q1 2023 were CNY 116.27 million, up from CNY 65.80 million in the same period last year, indicating a rise of 77%[21] - Research and development expenses increased to CNY 21.42 million in Q1 2023, compared to CNY 19.25 million in Q1 2022, reflecting a growth of 11%[21] Investment Income - Investment income surged to ¥2,546,132.77, a 392.49% increase from a loss of ¥870,501.27 in the same quarter last year[10] - The company reported an investment income of CNY 2.55 million in Q1 2023, compared to a loss of CNY 0.87 million in Q1 2022[22] Other Financial Information - The company experienced a 70.50% decrease in other income, which fell to ¥2,847,696.44 from ¥9,651,683.12, primarily due to reduced government subsidies[10] - The company's cash and cash equivalents increased to ¥518,575,655.40 from ¥351,327,531.68 at the beginning of the year, representing a growth of approximately 47.5%[17] - Cash and cash equivalents at the end of the period amounted to CNY 486,525,137.46, up from CNY 445,530,745.35 at the end of the previous year[26] - The company reported a foreign exchange loss of CNY 7,891.84, impacting overall financial results[23] Strategic Outlook - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[22] - There are no new strategies or significant market expansions mentioned in the report[16] - The company did not conduct any significant mergers or acquisitions during the quarter, focusing on organic growth strategies[27]