Financial Performance - The company's revenue for Q1 2023 was ¥318,794,418.07, a decrease of 0.88% compared to ¥321,634,613.20 in the same period last year[5] - Net profit attributable to shareholders increased significantly by 466.92% to ¥11,097,189.92 from ¥1,957,458.10 year-on-year[5] - Basic earnings per share rose to ¥0.0408, a 466.67% increase from ¥0.0072 in the same quarter last year[5] - The net profit for the first quarter of 2023 was CNY 11,182,851.33, a significant increase from CNY 1,249,515.90 in the same period last year, representing a growth of approximately 795%[23] - The total profit amounted to CNY 12,058,467.72, compared to CNY 443,869.15 in the previous year, indicating a substantial increase of around 2,620%[23] - Operating profit reached CNY 12,203,824.11, up from CNY 419,628.75, reflecting a growth of approximately 2,804%[23] - The total comprehensive income for the first quarter was CNY 11,185,362.44, compared to CNY 1,250,216.49 in the previous year, showing an increase of about 795%[23] Cash Flow and Financial Position - The net cash flow from operating activities improved by 178.19%, reaching ¥20,728,971.51 compared to a negative cash flow of ¥26,511,328.02 in the previous year[5] - Cash flow from operating activities generated a net inflow of CNY 20,728,971.51, a turnaround from a net outflow of CNY 26,511,328.02 in the prior year[26] - The company experienced a decrease in cash flow from investing activities, with a net outflow of CNY 36,998,015.24 compared to CNY 58,261,438.33 in the previous year[27] - The company reported cash and cash equivalents at the end of the period of CNY 622,215,616.81, down from CNY 749,542,990.39 year-over-year[27] - Cash and cash equivalents at the end of the period were CNY 680,778,199.88, slightly down from CNY 689,463,491.78 at the beginning of the year[20] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥1,962,702,572.64, reflecting a 0.72% increase from ¥1,948,631,068.52 at the end of the previous year[5] - Total liabilities increased slightly to CNY 519,663,731.47 from CNY 516,877,589.79, a change of 0.35%[21] - The company's retained earnings rose to CNY 295,369,581.14 from CNY 284,272,391.22, an increase of 3.85%[21] - Non-current assets totaled CNY 803,667,450.32, up from CNY 790,101,737.30, indicating a growth of 1.00%[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,262[12] - The largest shareholder, Jin Liwei, holds 59.26% of the shares, totaling 161,099,964 shares[12] - The company’s major shareholders, Jin Liwei and Bao Jia, collectively control 60.86% of the voting rights[13] - The total number of restricted shares at the end of the period is 174,262,415 shares, with 413,775 shares released during the period[14] - The company has a total of 7,200,000 shares held by Hangzhou Weianuo Investment Partnership (Limited Partnership), which are also restricted[14] - The company’s management has a lock-up period for 1,969,180 shares, with 25% of these shares unlocking annually[14] - The company has a total of 2.76% of shares held by Packwood Enterprises Limited, totaling 7,500,000 shares[12] Cost Management and Efficiency - Total operating costs decreased to CNY 305,073,795.50 from CNY 318,364,386.45, reflecting a reduction of 4.06%[22] - Gross profit margin improved to 4.38% compared to the previous period, indicating better cost management[22] - The company plans to continue focusing on cost control and efficiency improvements in the upcoming quarters[22] Government Support - The company received government subsidies amounting to ¥1,697,155.83, a 303.37% increase compared to ¥420,818.69 in the previous year[10] - The company's financial expenses decreased by 76.87% to -¥1,222,462.74, primarily due to a reduction in exchange losses[10] Investments - The company has established a joint investment of RMB 200 million with Shanghai Zhandao Private Fund Management Co., Ltd. to set up an industrial fund[15] - The company has invested RMB 10 million in the Hangzhou Keda Equity Investment Partnership (Limited Partnership) as of March 8, 2023[16] - The registered capital of Guangxi Hanggang Material Technology Co., Ltd. is RMB 20 million, with the company holding a 33% stake[16]
可靠股份(301009) - 2023 Q1 - 季度财报