SCAM(SZ:300554)2023-04-26 16:00Financial Performance - The company's revenue for Q1 2023 reached ¥104,545,999.96, representing a 35.26% increase compared to ¥77,294,902.17 in the same period last year[5] - Net profit attributable to shareholders was ¥982,814.36, a significant turnaround from a loss of ¥5,644,434.34 in the previous year, marking a 117.41% improvement[5] - The net profit after deducting non-recurring gains and losses was ¥668,125.00, compared to a loss of ¥6,384,004.51 last year, reflecting a 110.47% increase[5] - Total operating revenue for Q1 2023 reached ¥104,545,999.96, a significant increase of 35.2% compared to ¥77,294,902.17 in Q1 2022[20] - The net profit for Q1 2023 was ¥250,074.50, a turnaround from a net loss of ¥5,724,300.13 in Q1 2022[21] - The total comprehensive income for Q1 2023 was ¥264,329.69, compared to a loss of ¥6,098,424.00 in the same period last year[21] - The company reported a basic and diluted earnings per share of ¥0.0094, compared to a loss per share of ¥0.0603 in Q1 2022[21] Assets and Liabilities - The company's total assets increased by 4.02% to ¥1,037,772,269.78 from ¥997,662,601.47 at the end of the previous year[5] - The total assets of Nanjing Sanchao New Materials Co., Ltd. reached CNY 1,037,772,269.78 at the end of the first quarter, an increase from CNY 997,662,601.47 at the beginning of the year, reflecting a growth of approximately 4.3%[17] - The company's current assets totaled CNY 566,407,847.39, up from CNY 522,813,666.09, indicating an increase of about 8.3%[17] - Total liabilities amounted to CNY 365,493,825.58, up from CNY 332,659,581.63, indicating an increase of approximately 9.9%[18] - The company's equity increased to CNY 672,278,444.20 from CNY 665,003,019.84, showing a growth of about 1.9%[18] Cash Flow - Cash flow from operating activities showed a negative net amount of ¥33,677,949.75, worsening by 82.87% compared to the previous year's negative cash flow of ¥18,416,655.69[5] - Cash flow from operating activities showed a net outflow of ¥33,677,949.75, worsening from a net outflow of ¥18,416,655.69 in Q1 2022[24] - Cash and cash equivalents increased to CNY 104,029,686.41 from CNY 97,457,439.95, representing a growth of approximately 6.4%[17] - Cash and cash equivalents at the end of Q1 2023 totaled ¥66,246,155.57, an increase from ¥35,504,406.20 at the end of Q1 2022[25] Expenses - The company's management expenses surged by 72.22% to ¥14,543,514.58, primarily due to stock incentives for management personnel[9] - Operating costs for the same period were ¥107,200,502.23, up 25.1% from ¥85,667,008.64 in the previous year[20] - Research and development expenses increased to ¥9,151,398.10, up 29.7% from ¥7,058,287.58 in the previous year[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,303, with the top shareholder holding 35.49% of the shares[10] - The company reported a total of 11,093,520 shares held by major shareholder Liu Jianxun, representing approximately 10.6% of total shares[12] - The total number of restricted shares remained at 28,279,313.00, with no new restrictions or releases during the period[13] Other Information - The company received government subsidies amounting to ¥753,441.46 during the reporting period[6] - The weighted average return on equity improved to 0.15% from -1.15% year-on-year[5] - The first quarter report of Nanjing Sanchao New Materials Co., Ltd. is unaudited[26]