Financial Performance - The company's revenue for Q1 2023 was ¥1,069,602,613.73, a decrease of 14.90% compared to ¥1,256,907,942.13 in the same period last year[5] - Net profit attributable to shareholders was ¥15,773,600.06, down 71.88% from ¥56,096,116.16 year-on-year[5] - Basic and diluted earnings per share were both ¥0.15, a decrease of 75.00% from ¥0.60 in the same period last year[5] - Total operating revenue for Q1 2023 was CNY 1,069,602,613.73, a decrease of 14.9% compared to CNY 1,256,907,942.13 in Q1 2022[23] - Net profit for Q1 2023 was CNY 15,773,600.06, a decline of 71.9% from CNY 56,096,116.16 in Q1 2022[25] - Earnings per share for Q1 2023 was CNY 0.15, compared to CNY 0.60 in Q1 2022[25] Cash Flow - The net cash flow from operating activities was -¥243,871,488.93, representing a decline of 104.09% compared to -¥119,493,920.58 in the previous year[5] - Cash received from sales of goods and services in Q1 2023 was CNY 633,348,168.81, a decrease of 29.5% from CNY 897,635,020.00 in Q1 2022[27] - The net cash flow from operating activities for Q1 2023 was -243,871,488.93 CNY, compared to -119,493,920.58 CNY in Q1 2022, indicating a decline in operational cash flow[28] - The total cash and cash equivalents at the end of Q1 2023 amounted to 431,749,218.75 CNY, an increase from 331,448,978.81 CNY at the end of Q1 2022[29] - The net increase in cash and cash equivalents for Q1 2023 was 10,293,162.38 CNY, a decrease from 103,796,081.60 CNY in Q1 2022, reflecting tighter cash flow conditions[29] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥7,913,125,277.40, an increase of 1.36% from ¥7,806,792,262.90 at the end of the previous year[5] - Total current assets at the end of the reporting period amount to ¥4,678,565,517.32, an increase from ¥4,562,512,117.07 at the beginning of the year[18] - Total liabilities include short-term borrowings of ¥1,491,381,532.56, down from ¥1,614,802,798.96 at the beginning of the year[18] - Total liabilities increased to CNY 5,498,087,852.24 in Q1 2023, compared to CNY 5,416,733,402.63 in Q1 2022[21] Expenses - Total operating costs for Q1 2023 were CNY 1,061,080,096.27, down 10.6% from CNY 1,186,590,670.09 in the same period last year[24] - Research and development expenses rose by 38.50% to ¥6,095.45, reflecting ongoing investment to meet market product demands[11] - The company reported a decrease in research and development expenses to CNY 60,954,459.17 in Q1 2023 from CNY 44,009,819.41 in Q1 2022, indicating a focus on innovation despite overall revenue decline[24] - The company experienced a 63.95% increase in management expenses to ¥5,621.47, attributed to new senior management hires and business expansion[11] Shareholder Information - Total number of common shareholders at the end of the reporting period is 9,923[14] - The largest shareholder, Jiang Zhenlin, holds 32.32% of shares, amounting to 33,219,740 shares, with 13,839,500 shares pledged[14] - The company has a total of 0 preferred shareholders at the end of the reporting period[16] Investments - The company reported a significant increase in trading financial assets, rising by 13909351.38% to ¥9,545.50 due to new financial investments[10] - Investment income surged by 333.63% to ¥60.28, mainly from returns on financial investments[11] - Total cash inflow from investment activities was 296,614,601.40 CNY, significantly higher than 21,297,197.16 CNY in the same period last year[28] - The cash received from investment recoveries was 296,000,686.26 CNY, a significant increase from 21,000,000.00 CNY in Q1 2022, highlighting improved investment recovery[28] Customer Relations - The company has received a quality compensation agreement due to product defects, indicating a proactive approach to customer relations[16] - Contract liabilities increased by 61.67% to ¥4,811.72, primarily due to an increase in customer prepayments[10] - Contract liabilities increased to CNY 48,117,155.53 in Q1 2023 from CNY 29,761,729.53 in Q1 2022[21]
震裕科技(300953) - 2023 Q1 - 季度财报