Financial Performance - The company's revenue for Q1 2023 was ¥166,921,937.29, a decrease of 11.99% compared to ¥189,669,800.09 in the same period last year[6] - Net profit attributable to shareholders was ¥4,372,843.65, down 77.46% from ¥19,401,887.97 year-on-year[6] - Total operating revenue for Q1 2023 was CNY 166,921,937.29, a decrease of 12.0% compared to CNY 189,669,800.09 in Q1 2022[22] - Net profit for Q1 2023 was CNY 4,372,843.65, a significant decline of 77.5% compared to CNY 19,401,887.97 in Q1 2022[23] - Basic and diluted earnings per share for Q1 2023 were both CNY 0.04, down from CNY 0.21 in Q1 2022[24] Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 166.44%, reaching ¥87,634,171.53 compared to ¥32,890,449.23 in Q1 2022[11] - The company reported a significant increase in cash and cash equivalents, with a net increase of ¥75,902,690.25, representing a 222.92% rise compared to the previous year[11] - The total cash and cash equivalents at the end of the period reached 322,840,947.32, up from 97,234,945.90, demonstrating strong liquidity position[27] - Cash inflow from investment activities totaled 391,109,303.59, compared to 100,442,870.73 in the prior period, indicating a strong recovery in investment returns[27] - The net cash flow from investment activities was 36,583,105.67, a turnaround from a negative cash flow of -32,482,084.28 previously, showcasing effective investment strategies[27] - Cash inflow from financing activities decreased to 19,520,497.23 from 60,000,000.00, indicating a reduction in borrowing activities[27] - The net cash flow from financing activities was -48,890,799.61, a decline from 23,261,183.20, reflecting increased debt repayments[27] Assets and Liabilities - The total assets at the end of Q1 2023 were ¥1,567,468,376.71, a decrease of 3.54% from ¥1,625,037,366.32 at the end of the previous year[6] - The company's total liabilities decreased to CNY 715,498,498.43 from CNY 777,440,331.69, a decline of 8.0%[20] - The company’s total liabilities decreased by 29.38% in short-term borrowings, amounting to ¥95,927,109.81, down from ¥135,829,237.79[10] - Total current assets amount to 938,148,904.96 RMB, a decrease from 997,868,268.93 RMB at the beginning of the year[18] Shareholder Information - Total number of common stock shareholders at the end of the reporting period is 11,121[15] - The top two shareholders, Wang Zongyou and Tian Nianbin, each hold 24.35% of the shares, totaling 29,922,868 shares[15] - The top ten shareholders with unrestricted shares include Xiamen Songsheng Investment Partnership holding 5.16%[15] - The company has no preferred stock shareholders reported[17] Research and Development - Research and development expenses rose by 52.05% to ¥20,654,940.82, reflecting increased investment in R&D personnel and technology[11] - Research and development expenses increased to CNY 20,654,940.82, up 52.0% from CNY 13,584,064.60 in the previous year[22] - The company has not disclosed any new product or technology developments in the current report[17] Other Financial Metrics - The company's basic earnings per share dropped by 80.95% to ¥0.04 from ¥0.21 in the same period last year[6] - The weighted average return on equity decreased to 0.51%, down 2.06% from 2.57% in the previous year[6] - The company reported a decrease in financial expenses to CNY 322,727.69 from CNY 1,351,355.33, a reduction of 76.1%[22] - The total equity attributable to shareholders increased slightly to CNY 851,969,878.28 from CNY 847,597,034.63, an increase of 0.4%[20]
崧盛股份(301002) - 2023 Q1 - 季度财报