冠中生态(300948) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥69,422,467.28, representing a 119.86% increase compared to ¥31,575,884.23 in the same period last year[5] - The net profit attributable to shareholders for Q1 2023 was ¥6,713,220.38, a 99.56% increase from ¥3,364,082.01 year-on-year[5] - The operating profit for Q1 2023 was ¥8,906,535.26, reflecting a 264.89% increase from ¥2,440,876.95 in Q1 2022[10] - The company reported a 252.82% increase in net profit attributable to shareholders after deducting non-recurring gains and losses, amounting to ¥7,155,035.52 compared to ¥2,027,963.80 in the previous year[5] - Net profit for Q1 2023 was CNY 6,713,220.38, compared to CNY 3,338,404.35 in Q1 2022, representing a 101% increase[22] - Basic and diluted earnings per share for Q1 2023 were both CNY 0.0479, up from CNY 0.0240 in the previous year[22] Cash Flow - The net cash flow from operating activities reached ¥16,167,443.07, a significant improvement of 366.84% compared to -¥6,058,789.35 in Q1 2022[5] - The net cash flow from operating activities for Q1 2023 was ¥16,167,443.07, a significant improvement from a net outflow of ¥6,058,789.35 in Q1 2022, representing a turnaround of over 367%[24] - Total cash inflow from investment activities was ¥30,172,590.10, while cash outflow was ¥62,256,438.94, resulting in a net cash flow from investment activities of -¥32,083,848.84[24] - Cash inflow from financing activities amounted to ¥55,000,000.00, with cash outflow totaling ¥65,860,016.22, leading to a net cash flow from financing activities of -¥10,860,016.22[24] - The company’s net cash increase for the quarter was -¥26,776,421.99, compared to -¥38,542,050.24 in Q1 2022, indicating an improvement in cash flow dynamics[24] Assets and Liabilities - The company's total assets at the end of Q1 2023 were ¥1,298,595,816.55, a decrease of 1.78% from ¥1,322,097,613.47 at the end of the previous year[5] - The total liabilities increased significantly, with accounts payable rising by 137.42% to ¥25,595,704.98, attributed to the use of acceptance bills for supplier payments[10] - As of March 31, 2023, the total current assets amounted to CNY 1,078,324,384.66, a decrease from CNY 1,103,071,807.81 at the beginning of the year, reflecting a decline of approximately 2.25%[17] - The cash and cash equivalents decreased to CNY 145,328,711.30 from CNY 169,919,390.07, representing a decline of about 14.54%[17] - Total liabilities decreased to CNY 450,421,848.63 from CNY 480,636,865.93, indicating a reduction in financial obligations[19] - The company's equity attributable to shareholders increased to CNY 848,175,581.14 from CNY 841,462,360.76, showing a growth in shareholder value[19] Investment and Development - The company reported an investment income of CNY 649,343.48, significantly higher than CNY 26,091.43 in Q1 2022, indicating improved investment performance[20] - The company is actively pursuing market expansion and new product development strategies as part of its growth initiatives[15] - The company received acceptance from the Shenzhen Stock Exchange for its application to issue convertible bonds on January 18, 2023[15] Research and Development - Research and development expenses for Q1 2023 were CNY 3,034,338.05, down from CNY 3,715,838.19 in the same period last year[20] Governance - The company’s actual controller holds a combined 50.25% stake, ensuring stable governance and strategic direction[15] Other Financial Metrics - The weighted average return on equity increased to 0.79% from 0.42% year-on-year[5] - The company’s long-term equity investments were valued at CNY 61,481,238.51, slightly up from CNY 60,905,279.16[17] - The company reported a total of CNY 80,669,316.53 in trading financial assets, an increase from CNY 50,206,112.88, marking a growth of approximately 60.55%[17] - Inventory increased to CNY 5,105,850.07 from CNY 4,245,641.63, reflecting an increase of about 20.24%[17] - The company’s total liabilities and equity structure remains stable, with no significant changes reported in the non-current assets section[17] Audit Status - The report for Q1 2023 was not audited, as stated by the company’s board[25]