佳禾智能(300793) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was CNY 478,530,821.70, representing a 5.83% increase compared to CNY 452,184,138.89 in the same period last year[10] - Net profit attributable to shareholders for Q1 2023 was CNY 32,171,443.19, a significant increase of 65.22% from CNY 19,472,138.14 year-on-year[10] - The net profit after deducting non-recurring gains and losses reached CNY 22,641,538.91, marking a 104.88% increase from CNY 11,051,131.51 in the previous year[10] - Basic earnings per share for Q1 2023 were CNY 0.1, up 66.67% from CNY 0.06 in the previous year[10] - The total profit for the current period is CNY 37,114,231.48, up from CNY 21,502,852.54 in the previous period, indicating an increase of about 72.6%[47] - The operating profit for the current period is CNY 37,415,373.97, compared to CNY 20,923,629.37 in the previous period, reflecting a rise of approximately 78.7%[47] - The total comprehensive income for the current period is CNY 33,635,649.04, compared to CNY 19,825,621.37 in the previous period, marking an increase of approximately 69.8%[47] Cash Flow - The net cash flow from operating activities improved to CNY 147,922,979.87, a remarkable increase of 358.35% compared to a negative cash flow of CNY -57,257,281.36 in the same quarter last year[10] - The cash flow from operating activities for the current period is CNY 147,922,979.87, a significant improvement from a negative cash flow of CNY -57,257,281.36 in the previous period[50] - Net cash flow from financing activities was ¥116,690,705.55, compared to a negative cash flow of -¥128,996,998.81 in the previous year[44] - The cash inflow from investment activities is CNY 613,872,676.53, while cash outflow for investment activities is CNY 1,131,484,448.59, resulting in a net cash flow from investment activities of CNY -517,611,772.06[50] Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 3,687,647,109.90, reflecting a 4.67% increase from CNY 3,523,264,771.44 at the end of the previous year[10] - Total liabilities rose to ¥1,218,446,618.22, compared to ¥1,087,699,928.80, indicating an increase of 12.0%[46] - The equity attributable to shareholders of the parent company reached ¥2,469,200,491.68, up from ¥2,435,564,842.64, marking a growth of 1.4%[46] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,371, with the largest shareholder holding 31.21% of the shares[14] Government Support - The company received government subsidies amounting to CNY 5,166,665.27 during the quarter, contributing positively to its financial performance[4] Investment and Expenses - Financial expenses surged by 886.28% to ¥10,269,416.51 from a negative ¥1,306,073.57, mainly due to increased foreign exchange losses[28] - The company reported a 143.40% increase in income tax expenses, amounting to ¥4,942,788.29, reflecting higher total profits[28] - Research and development expenses were ¥20,031,613.38, a decrease of 7.4% from ¥21,627,700.99 in the same period last year[36] - The tax expenses for the current period amount to CNY 4,942,788.29, up from CNY 2,030,714.40 in the previous period, representing an increase of about 143.5%[47] Inventory and Borrowings - The company’s inventory decreased to ¥521,843,733.19 from ¥565,838,327.80, indicating improved inventory management[33] - Short-term borrowings increased by 41.97% to ¥398,383,218.66 from ¥280,615,779.11, driven by the need for working capital due to revenue growth[28] Future Plans - The company plans to issue convertible bonds to unspecified investors, as approved by the China Securities Regulatory Commission on February 13, 2023[32]