Financial Performance - The company's operating revenue for Q1 2023 was ¥74,535,937.15, representing a 9.01% increase compared to ¥68,374,192.97 in the same period last year[3]. - The net profit attributable to shareholders was ¥9,369,849.59, reflecting a 17.13% increase from ¥7,999,650.28 year-on-year[3]. - The basic earnings per share increased by 17.04% to ¥0.0474 from ¥0.0405 in the same period last year[3]. - The profit attributable to the parent company for Q1 2023 was ¥9,369,849.59, an increase of 17.2% compared to ¥7,999,650.28 in Q1 2022[21]. - The total comprehensive income attributable to the parent company was CNY 9,369,849.59, an increase from CNY 7,999,650.28 in the previous period, representing a growth of approximately 17.2%[22]. Cash Flow - The net cash flow from operating activities decreased by 88.23%, amounting to -¥123,663,827.04, primarily due to significant procurement payments related to project implementation[3][8]. - Cash inflow from operating activities was CNY 99,592,588.01, compared to CNY 108,778,085.19 in the previous period, indicating a decrease of approximately 8.9%[22]. - Cash outflow from operating activities totaled CNY 223,256,415.05, up from CNY 174,477,046.21, marking an increase of about 28%[23]. - The net cash flow from operating activities was negative at CNY -123,663,827.04, worsening from CNY -65,698,961.02 in the previous period[22]. - Cash flow from investing activities was negative at CNY -8,041,955.28, compared to CNY -59,157,633.29 in the previous period, showing an improvement[23]. - Cash flow from financing activities generated a net inflow of CNY 425,491.27, a significant decrease from CNY 161,676,563.91 in the previous period[23]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,053,978,845.07, a 2.22% increase from ¥1,031,098,224.85 at the end of the previous year[4]. - The total assets of the company as of March 31, 2023, amounted to RMB 1,053,978,845.07, a decrease from RMB 1,179,034,494.46 at the beginning of the year[16]. - The company's cash and cash equivalents decreased to RMB 301,140,145.92 from RMB 432,349,836.77, reflecting a decline of approximately 30.3%[16]. - The total liabilities as of Q1 2023 were ¥208,212,618.27, a decrease from ¥344,393,015.48 in the previous period[18]. - The total current liabilities decreased to RMB 199,229,119.66 from RMB 203,802,021.11, a reduction of about 2.8%[17]. Inventory and Receivables - The company's inventory increased by 38.84% compared to the beginning of the period, mainly due to significant costs associated with unfinished project implementations[7]. - Accounts receivable increased to RMB 255,574,919.68 from RMB 216,147,148.77, representing a growth of about 18.2%[17]. - Inventory rose to RMB 165,019,557.86, up from RMB 118,853,196.43, indicating an increase of approximately 38.7%[17]. Shareholder Information - The company reported a total of 73,633,332 shares with restrictions on sale, with the largest shareholder being the Chinese Academy of Sciences Holding Co., Ltd. holding 60,318,434 shares[12]. - The company has committed to a lock-up period for its shares, with the largest shareholder's shares set to be released on June 10, 2023[12]. - The company plans to release part of the restricted shares after the 2023 annual report is disclosed, indicating a strategy for potential liquidity[12]. Expenses - Total operating costs for Q1 2023 were ¥72,377,873.78, up 13.2% from ¥63,901,444.31 in the same period last year[20]. - Research and development expenses for Q1 2023 were ¥5,739,796.03, down 15.3% from ¥6,772,538.26 in Q1 2022[21]. - Sales expenses increased to ¥10,291,018.00 in Q1 2023, compared to ¥8,636,274.72 in Q1 2022, reflecting a rise of 19.1%[21]. Other Financial Metrics - The company's other income grew by 82.47%, mainly due to an increase in government subsidies received[10]. - The company's credit impairment losses increased by 123.80%, attributed to better collection of receivables and reversals of bad debts[10]. - The weighted average return on equity was 1.12%, a slight decrease from 1.25% in the previous year[3]. - The company reported a financial income of ¥703,842.65 in Q1 2023, significantly up from ¥169,770.49 in Q1 2022[21]. - The company did not conduct any mergers or acquisitions during this reporting period[22]. Audit Status - The first quarter report was not audited[24].
中科信息(300678) - 2023 Q1 - 季度财报