Financial Performance - The company's revenue for Q1 2023 reached ¥206,793,942.72, representing a 149.54% increase compared to ¥82,869,096.87 in the same period last year[3] - Net profit attributable to shareholders was ¥56,998,346.17, a significant increase of 4,093.68% from ¥1,359,149.01 year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥56,001,990.30, up 3,323.77% from -¥1,737,160.49 in the previous year[3] - Basic earnings per share rose to ¥0.39, marking a 3,800.00% increase from ¥0.01 in the same quarter last year[3] - Operating profit for the quarter was ¥64,223,273.03, compared to a loss of ¥281,769.30 in Q1 2022, indicating a strong turnaround[23] - Net profit for Q1 2023 was ¥56,998,346.17, a substantial increase from ¥1,359,149.01 in the previous year, reflecting a growth of over 4000%[23] - Basic and diluted earnings per share for the quarter were both ¥0.39, compared to ¥0.01 in the same period last year[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,225,077,956.69, reflecting a 0.70% increase from ¥2,209,560,441.18 at the end of the previous year[3] - The equity attributable to shareholders increased by 4.31% to ¥1,378,738,123.80 from ¥1,321,624,785.96 at the end of the previous year[3] - Total liabilities decreased to ¥846,339,832.89 from ¥887,935,655.22 year-over-year, indicating improved financial stability[20] - The total current liabilities decreased to CNY 392,119,882.61 from CNY 441,281,905.92, a reduction of approximately 11.1%[19] - The company's inventory decreased to CNY 172,388,979.21 from CNY 202,141,520.79, reflecting a decline of about 14.7%[19] - The company's accounts payable decreased to CNY 258,966,640.73 from CNY 300,772,833.76, a decrease of approximately 13.9%[19] Cash Flow - The net cash flow from operating activities improved by 42.55%, amounting to -¥63,580,821.93 compared to -¥110,669,804.88 in the same period last year[3] - Cash flow from operating activities showed a net outflow of ¥63,580,821.93, an improvement from a net outflow of ¥110,669,804.88 in Q1 2022[25] - The net cash flow from investment activities was -192,410,143.99 CNY, compared to -11,356,549.59 CNY in the previous period, indicating a significant increase in cash outflow[27] - The total cash inflow from financing activities was 546,698,113.21 CNY, while the cash outflow was 2,263,950.30 CNY, resulting in a net cash flow of -2,263,950.30 CNY, a decrease from 545,063,515.00 CNY in the previous period[27] - The net increase in cash and cash equivalents was -258,254,916.22 CNY, contrasting with an increase of 423,037,160.53 CNY in the previous period[27] - The ending balance of cash and cash equivalents was 432,466,613.76 CNY, down from 771,026,721.88 CNY at the end of the previous period[27] Investments and Subsidiaries - The company established a wholly-owned subsidiary in Singapore with a registered capital of SGD 2 million, completed in the first quarter of 2023[14] - A strategic cooperation agreement was signed with Zhejiang Changlong Airlines to explore innovations in IoT and AI technologies in the aviation sector[15] - The company’s long-term equity investments amounted to CNY 3,240,000.00 as of March 31, 2023[19] Research and Development - Research and development expenses for the quarter were ¥28,199,089.26, up from ¥22,036,513.08, highlighting the company's commitment to innovation[22] Other Financial Information - The company received government subsidies totaling ¥1,020,000.00 during the reporting period, which are closely related to its normal business operations[5] - The company reported a total operating cost of ¥155,772,709.83, which is an increase from ¥100,462,590.27 in the previous year, primarily driven by higher sales expenses[22] - Other income for the quarter was recorded at ¥20,400,207.20, slightly up from ¥19,744,530.23, indicating stable additional revenue streams[22] - The company did not undergo an audit for the first quarter report[28]
申昊科技(300853) - 2023 Q1 - 季度财报