DORIGHT(SZ:300950)2023-04-25 16:00Financial Performance - The company's revenue for Q1 2023 was CNY 91,451,476.54, representing a 74.73% increase compared to CNY 52,337,802.82 in the same period last year[4] - Net profit attributable to shareholders for Q1 2023 reached CNY 20,421,125.22, a significant increase of 278.03% from CNY 5,402,006.96 year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 18,285,754.80, up 355.08% from CNY 4,018,124.71 in the previous year[4] - Basic earnings per share for Q1 2023 were CNY 0.1361, an increase of 278.06% compared to CNY 0.0360 in the previous year[4] - Operating profit for the quarter was ¥23,839,716.53, up from ¥6,519,311.99, reflecting a growth of 265.5% year-over-year[20] - Net profit attributable to the parent company was ¥20,421,125.22, compared to ¥5,402,006.96 in the previous year, marking an increase of 278.5%[20] - Earnings per share (EPS) for Q1 2023 was ¥0.1361, significantly higher than ¥0.0360 in Q1 2022[20] Cash Flow - The net cash flow from operating activities was CNY 32,786,711.19, a turnaround from a negative CNY 21,893,841.62 in the same period last year, marking a 249.75% improvement[4] - Cash flow from operating activities generated a net amount of ¥32,786,711.19, a turnaround from a negative cash flow of ¥21,893,841.62 in the same quarter last year[23] - Cash inflow from investment activities totaled ¥187,093,345.85, compared to ¥97,488,204.24 in the previous year, indicating a growth of 91.8%[23] - The company reported cash outflow for investment activities of ¥77,760,819.09, up from ¥26,375,688.63, reflecting increased investment efforts[23] - The net cash flow from financing activities was ¥9,971,111.11, a decrease of ¥268,422.00 compared to the previous period[24] - The net increase in cash and cash equivalents was ¥151,122,393.76, up from ¥48,234,996.79 in the previous period[24] - The beginning balance of cash and cash equivalents was ¥214,212,516.16, compared to ¥261,496,597.11 at the start of the previous period[24] - The ending balance of cash and cash equivalents was ¥365,334,909.92, an increase from ¥309,731,593.90 in the prior period[24] Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 914,760,677.87, a slight increase of 0.66% from CNY 908,756,852.64 at the end of the previous year[4] - Total current assets amount to ¥733,981,545.20, a decrease from ¥745,814,324.93 at the beginning of the year[16] - Total liabilities decreased to ¥245,816,136.12 from ¥262,050,737.42[16] - Total liabilities decreased to ¥260,747,046.88 from ¥277,448,557.45, showing a reduction of 6.0%[20] - Total equity attributable to shareholders increased to ¥654,013,630.99 from ¥631,308,295.19, an increase of 3.6%[20] - Deferred income tax liabilities decreased to ¥2,839,720.74 from ¥3,074,380.84, a decline of 7.6%[20] Shareholder Information - Total number of common shareholders at the end of the reporting period is 15,641[11] - The largest shareholder, Wei Zhenwen, holds 53.88% of shares, totaling 80,820,000 shares[11] - The company has no preferred shareholders as of the reporting period[12] - The total number of restricted shares remains at 90,000,000, with no new restrictions added[13] - The company plans to lift restrictions on major shareholders' shares on March 3, 2024[13] Other Information - The company reported a 209.32% increase in selling expenses, totaling CNY 2,650,971.86, attributed to higher export commissions and sales personnel salaries[8] - Investment income rose by 133.46% to CNY 1,139,751.81, driven by an increase in structured deposits[9] - The company experienced a 33.41% increase in contract liabilities, reaching CNY 108,118,896.93, due to an increase in advance payments received[7] - The first quarter report was not audited[25] - The company is focused on expanding its market presence and developing new technologies[12]