Financial Performance - The company's revenue for Q1 2023 was CNY 89,777,613.03, representing an 18.50% increase compared to CNY 75,759,239.64 in the same period last year[5]. - Net profit attributable to shareholders was CNY 6,928,549.88, a significant turnaround from a net loss of CNY 24,462,740.50, marking a 128.32% increase year-on-year[5]. - Basic and diluted earnings per share increased to CNY 0.07, compared to a loss of CNY 0.24 per share in the same period last year, reflecting a 129.17% improvement[5]. - The weighted average return on equity rose to 0.50%, up from -1.76% in the previous year[5]. - Net profit for Q1 2023 was CNY 7,319,359.09, a significant recovery from a net loss of CNY 24,462,740.50 in Q1 2022[26]. - The company reported a significant improvement in operating profit, reaching CNY 7,461,024.53 compared to a loss of CNY 28,802,717.22 in the previous year[25]. Cash Flow and Liquidity - The net cash flow from operating activities improved to -CNY 27,421,222.39, a 63.04% reduction in cash outflow compared to -CNY 74,189,956.94 in the previous year[5]. - Cash flow from operating activities was CNY 111,552,076.41, down from CNY 128,545,600.44 in Q1 2022, reflecting a decrease of 13.2%[28]. - The net increase in cash and cash equivalents was 229,937,470.58 CNY, a turnaround from -76,563,612.43 CNY in the previous year[30]. - The ending balance of cash and cash equivalents was 319,627,819.23 CNY, up from 168,025,230.85 CNY in the same period last year[30]. - Cash paid to employees was 107,274,324.90 CNY, down from 153,055,806.29 CNY in the previous year[29]. - Cash paid for taxes was 4,079,862.96 CNY, a decrease from 13,782,406.48 CNY in the previous year[29]. - Cash inflow from recovering investments was 774,750,780.91 CNY, compared to 930,000,000.00 CNY in the same period last year[29]. Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 1,608,461,282.29, a decrease of 2.56% from CNY 1,650,779,087.71 at the end of the previous year[5]. - The total current assets decreased to ¥1,296,019,971.49 from ¥1,336,102,911.54, a decline of about 3%[22]. - The total liabilities decreased to ¥215,713,781.21 from ¥266,626,887.15, a reduction of 19.1%[25]. - The total liabilities decreased to ¥1,296,019,971.49 from ¥1,336,102,911.54, indicating a reduction of approximately 3%[22]. - The total non-current assets slightly decreased to ¥312,441,310.80 from ¥314,676,176.17, a decline of around 0.75%[22]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 8,589[15]. - The largest shareholder, Fan Wenhong, holds 25.46% of shares, totaling 26,025,300 shares[15]. - The second-largest shareholder, Huang Xinhua, owns 24.46% of shares, amounting to 25,004,700 shares[15]. - Shenzhen Ruimin Investment Consulting Co., Ltd. holds 8.49% of shares, equivalent to 8,675,100 shares[15]. - Shenzhen Ruike Investment Consulting Co., Ltd. has a stake of 8.15%, totaling 8,334,900 shares[16]. - The top ten shareholders include several entities with significant stakes, indicating concentrated ownership[15][16]. - The company has established a unified action agreement among major shareholders, enhancing governance[16]. - The report indicates that some shareholders are involved in margin trading, affecting their total shareholdings[16]. - The company does not have any preferred shareholders as per the report[17]. - There are no changes in restricted shares reported for the period[17]. - The company reported a total of 76,601,787.00 restricted shares at the end of the period, with no shares released during the current period[19]. - The company has a plan to release restricted shares on October 20, 2024, for several shareholders, including范文宏 and黄新华, with a total of 81,005,000 shares[18]. Operating Costs and Expenses - Total operating costs decreased to CNY 92,737,828.96 from CNY 116,202,459.76, representing a reduction of 20.2%[24]. - The company reported a significant decrease in management expenses by 36.21%, from CNY 27,865,433.60 to CNY 17,773,968.62, primarily due to reduced share-based payment expenses and severance payments[11]. - Research and development expenses increased to CNY 8,043,078.39 from CNY 6,602,245.48, marking a rise of 21.8%[25]. - Gross profit margin improved, with operating costs at CNY 57,832,296.53 compared to CNY 73,093,410.55 in the previous year, indicating a decrease of 20.9%[25]. Investment Activities - The company recorded a decrease in investment cash outflows by 43.54%, from CNY 920,950,000.00 to CNY 520,000,000.00, reflecting reduced purchases of financial products[13]. - Total cash inflow from investment activities was 779,849,289.61 CNY, compared to 936,414,520.58 CNY in the same period last year[29]. - The net cash flow from investment activities was 259,748,335.34 CNY, significantly higher than 676,600.58 CNY in the previous year[29]. Audit Status - The company’s first quarter report was not audited[31].
深圳瑞捷(300977) - 2023 Q1 - 季度财报