Financial Performance - The company's revenue for Q1 2023 was ¥67,858,833.09, representing a 6.17% increase compared to ¥63,917,753.54 in the same period last year[5] - Net profit attributable to shareholders was ¥637,590.58, a significant turnaround from a net loss of ¥8,609,986.87 in Q1 2022, marking a 107.41% improvement[5] - The net profit after deducting non-recurring gains and losses was ¥419,856.25, up 138.99% from ¥175,677.75 in the previous year[5] - The company's basic and diluted earnings per share improved to ¥0.01 from a loss of ¥0.09, reflecting a 111.11% increase[5] - The total operating revenue for Q1 2023 was CNY 67,858,833.09, an increase of 6.4% compared to CNY 63,917,753.54 in Q1 2022[22] - The net profit for Q1 2023 was CNY 468,912.06, a significant improvement from a net loss of CNY 8,425,476.59 in Q1 2022[23] - The profit attributable to the parent company's shareholders was CNY 637,590.58, compared to a loss of CNY 8,609,986.87 in the previous year[23] - The company reported a comprehensive income of CNY 454,149.52, compared to a loss of CNY 8,433,426.60 in the previous year[24] - Basic and diluted earnings per share for Q1 2023 were CNY 0.01, recovering from a loss of CNY 0.09 per share in Q1 2022[24] Assets and Liabilities - The total assets decreased by 5.59% to ¥1,496,404,478.05 from ¥1,584,997,401.40 at the end of the previous year[5] - The total assets decreased to CNY 1,496,404,478.05 from CNY 1,584,997,401.40, reflecting a decline of approximately 5.6%[21] - The total liabilities decreased to CNY 508,689,785.91 from CNY 597,736,858.77, a reduction of about 14.9%[21] - The company reported a total of 1,073,026,780.07 CNY in current assets as of March 31, 2023, down from 1,153,925,147.43 CNY at the beginning of the year[19] - Accounts receivable decreased to 265,106,953.16 CNY from 303,614,712.88 CNY[19] - The company has a significant amount of inventory valued at 46,265,938.01 CNY, an increase from 37,118,512.67 CNY[19] - The company has a total of 60,716,769.44 CNY in trading financial assets, down from 70,971,829.73 CNY[19] Cash Flow - Cash flow from operating activities showed a net outflow of ¥61,350,431.45, which is a 19.27% increase in outflow compared to ¥51,438,305.23 in Q1 2022[10] - The net cash flow from operating activities was -$61,350,431.45, compared to -$51,438,305.23 in the previous period, indicating a decline in operational cash flow[26] - Cash inflow from operating activities totaled $136,212,476.09, down from $149,561,443.24 in the previous period, reflecting a decrease of approximately 8.9%[26] - Cash outflow from operating activities was $197,562,907.54, slightly reduced from $200,999,748.47, showing a decrease of about 1.2%[26] - The net cash flow from investing activities was $10,169,074.05, down from $52,869,049.86 in the previous period, representing a significant decline of approximately 80.7%[27] - Cash inflow from investing activities was $101,400,648.76, compared to $341,144,986.86 previously, indicating a decrease of about 70.3%[27] - Cash outflow from investing activities totaled $91,231,574.71, down from $288,275,937.00, reflecting a decrease of approximately 68.4%[27] - The net cash flow from financing activities was -$593,222.48, worsening from -$288,744.39 in the previous period[27] - The cash and cash equivalents at the end of the period were $101,122,437.45, slightly down from $101,188,967.18 in the previous period[27] - The company experienced a net decrease in cash and cash equivalents of -$51,781,369.97, contrasting with an increase of $1,135,337.77 in the previous period[27] Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,313[12] - The largest shareholder, Ge Fang, holds 23.06% of shares, totaling 22,847,500 shares[12] - The company has a total of 52,801,500 shares under lock-up agreements, with the majority set to be released in September 2024[15] - The total number of preferred shareholders is not applicable for this report[14] Research and Development - Research and development expenses rose by 78.58% to ¥3,694,623.80 from ¥2,068,906.03 in the same period last year, indicating increased investment in innovation[9] - Research and development expenses increased to CNY 3,694,623.80, up from CNY 2,068,906.03, marking a growth of 78.5%[22] Government Subsidies and Financial Expenses - The company received government subsidies amounting to ¥548,561.36, which contributed positively to its financial performance[6] - The company experienced a 1923.03% increase in financial expenses, primarily due to increased interest income from receivables[9] Related Party Transactions - The company has engaged in significant related party transactions as disclosed in announcements dated February 28, 2023[17]
中兰环保(300854) - 2023 Q1 - 季度财报