Financial Performance - The company's revenue for Q1 2023 was CNY 242,461,618.88, representing a 32.46% increase compared to CNY 183,049,478.89 in the same period last year[4]. - Net profit attributable to shareholders for Q1 2023 was CNY 53,149,578.58, a 61.03% increase from CNY 33,005,662.89 year-on-year[4]. - The company reported a basic earnings per share of CNY 0.53, up 60.61% from CNY 0.33 in the same quarter last year[4]. - Total operating revenue for Q1 2023 reached CNY 242,461,618.88, an increase of 32.4% compared to CNY 183,049,478.89 in Q1 2022[23]. - Net profit for Q1 2023 was CNY 53,149,578.58, representing a 61.5% increase from CNY 32,853,547.27 in Q1 2022[24]. - Basic earnings per share for Q1 2023 were CNY 0.53, compared to CNY 0.33 in Q1 2022, reflecting a significant improvement[25]. Cash Flow - The net cash flow from operating activities reached CNY 18,020,984.06, a significant increase of 1,901.85% compared to a negative cash flow of CNY -1,000,138.26 in the previous year[10]. - The company reported a significant increase in cash flow from operating activities, contributing to improved liquidity[26]. - Operating cash inflow for the current period was $302,177,188.69, up from $186,109,395.97 in the previous period, representing an increase of approximately 62.5%[27]. - Net cash flow from operating activities was $18,020,984.06, a significant recovery from a loss of $1,000,138.26 in the previous period[28]. - Cash inflow from financing activities totaled $49,383,183.98, with no previous period comparison available[28]. - The net increase in cash and cash equivalents was -$79,355,141.89, compared to -$17,665,373.38 in the previous period[28]. - The ending balance of cash and cash equivalents was $359,714,179.15, up from $255,811,963.71 in the previous period[28]. Assets and Liabilities - Total assets as of March 31, 2023, were CNY 1,196,725,239.92, reflecting a 5.73% increase from CNY 1,131,857,661.16 at the end of the previous year[4]. - Total liabilities decreased slightly to CNY 260,711,845.19 from CNY 263,819,725.10 year-over-year[21]. - Cash and cash equivalents at the end of the period amount to ¥359,819,521.57, down from ¥443,233,663.46 at the beginning of the year[19]. Research and Development - The company’s R&D expenses for Q1 2023 were CNY 9,954,523.95, a 57.74% increase from CNY 6,310,729.02 in the same period last year, indicating a focus on innovation[9]. - Research and development expenses for Q1 2023 were CNY 9,954,523.95, up from CNY 6,310,729.02 in Q1 2022, indicating a focus on innovation[24]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 6,099[12]. - Zhejiang Jiashao Yunhua Investment Management Co., Ltd. holds 47.31% of shares, totaling 49,218,750 shares[12]. - The company has a total of 78,200,000 restricted shares, with 830,000 shares being released this period[16]. - The company plans to grant 830,000 restricted stocks at a price of ¥10.90 per share to 28 incentive objects[17]. - The first batch of restricted stocks from the 2022 incentive plan was registered on March 10, 2023, with a listing date of March 14, 2023[17]. - The company has no known related party relationships among the top shareholders, except for those disclosed[13]. Operational Costs and Inventory - Total operating costs for Q1 2023 were CNY 184,956,258.96, up 23.9% from CNY 149,120,755.58 in the same period last year[23]. - Inventory levels rose to CNY 191,057,485.45 from CNY 149,593,196.38, indicating potential growth in production or sales[21]. - Cash outflow for purchasing goods and services increased to $193,529,934.80 from $127,673,370.44, reflecting a rise of about 51.6%[28]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[24].
嘉益股份(301004) - 2023 Q1 - 季度财报