JIAFAET(SZ:300559)2023-04-25 16:00Financial Performance - The company's revenue for Q1 2023 was ¥67,598,483.83, a decrease of 26.15% compared to ¥91,533,830.64 in the same period last year[7] - Net profit attributable to shareholders was ¥3,483,768.99, down 76.97% from ¥15,128,120.10 year-on-year[7] - The basic earnings per share decreased by 77.04% to ¥0.0087 from ¥0.0379 in the previous year[7] - Total operating revenue for Q1 2023 was ¥67,598,483.83, a decrease of 26.1% compared to ¥91,533,830.64 in the same period last year[21] - Net profit attributable to the parent company for Q1 2023 was ¥3,483,768.99, a decline of 77.0% from ¥15,128,120.10 in Q1 2022[23] - Basic and diluted earnings per share for Q1 2023 were both ¥0.0087, down from ¥0.0379 in the previous year[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,232,522,520.80, a decrease of 2.76% from ¥1,267,491,086.55 at the end of the previous year[7] - Total liabilities for Q1 2023 amounted to ¥167,204,852.82, a decrease from ¥204,931,647.62 in the same period last year[20] - Non-current liabilities totaled ¥2,694,659.49 in Q1 2023, slightly down from ¥2,728,671.99 in Q1 2022[20] Cash Flow - The net cash flow from operating activities improved by 42.06%, reaching -¥30,604,698.19 compared to -¥52,820,625.51 in the previous year[14] - Cash flow from operating activities showed a significant decline, reflecting challenges in revenue generation[24] - Operating cash inflow for the current period was $87,279,750.78, an increase of 13.5% from $76,675,828.13 in the previous period[25] - Operating cash outflow decreased to $117,884,448.97 from $129,496,453.64, representing a reduction of 9.5%[25] - The net decrease in cash and cash equivalents was $-32,005,090.66, an improvement from $-94,398,237.45 in the previous period[26] - The ending balance of cash and cash equivalents increased to $451,456,794.56 from $422,792,916.66, reflecting a growth of 6.9%[26] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 12,467, with the largest shareholder holding 29.43% of the shares[15] - The company reported a total of 10 major shareholders, with the largest shareholder holding 32,140,839 shares, accounting for a significant portion of the total shares[16] - The repurchase account holds 8,868,684 shares, representing 2.22% of the total shares[16] - The company has not disclosed any related party relationships among the top shareholders[16] - The company has not reported any changes in restricted shares during the quarter[17] Research and Development - The company’s research and development expenses increased by 58.76% to ¥10,225,581.84, reflecting ongoing investment in R&D projects[11] - The company reported an increase in research and development expenses to ¥10,808,356.74, up from ¥9,715,706.45 in the previous year, indicating a focus on innovation[21] Other Information - The company received government subsidies amounting to ¥28,845.25 during the reporting period[8] - The company’s weighted average return on equity decreased to 0.34% from 1.42% in the previous year[7] - Total current assets decreased from CNY 801,339,913.28 at the beginning of the year to CNY 760,143,828.39 by the end of the quarter, representing a decline of approximately 5.5%[18] - Cash and cash equivalents decreased from CNY 485,299,134.73 to CNY 453,168,399.96, a reduction of about 6.6%[18] - Accounts receivable increased from CNY 140,597,844.56 to CNY 150,125,304.11, reflecting an increase of approximately 6.5%[18] - Inventory decreased from CNY 92,384,606.63 to CNY 89,387,654.12, a decline of about 3.2%[18] - Deferred income tax assets increased to ¥43,074,992.55 from ¥40,892,514.11, suggesting potential future tax benefits[20] - The company did not conduct an audit for the first quarter report[27] - The first quarter report was released on April 26, 2023[27]