Financial Performance - The company's operating revenue for Q1 2023 was ¥101,989,914.82, representing an increase of 11.19% compared to ¥91,729,385.11 in the same period last year[5] - Net profit attributable to shareholders was ¥4,072,393.87, a slight increase of 2.03% from ¥3,991,464.72 year-on-year[5] - The net profit after deducting non-recurring gains and losses decreased by 43.13% to ¥1,280,402.99 from ¥2,251,418.37 in the previous year[5] - Total operating revenue for Q1 2023 reached ¥101,989,914.82, an increase of 11.5% compared to ¥91,729,385.11 in Q1 2022[19] - Total operating costs for Q1 2023 were ¥104,784,542.76, up 10.9% from ¥94,511,787.22 in the same period last year[19] - Net profit for Q1 2023 was ¥3,969,634.62, representing a slight increase of 2.3% from ¥3,878,918.85 in Q1 2022[22] - The company reported a gross profit margin of approximately 18.5% for Q1 2023, compared to 18.6% in Q1 2022, indicating stable profitability despite rising costs[19] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥1,687,991,658.79, up 1.66% from ¥1,660,407,845.49 at the end of the previous year[5] - Total current assets amount to 1,388,282,250.63 CNY, an increase from 1,357,769,579.89 CNY at the beginning of the year[16] - Total liabilities increased to ¥880,247,720.47 in Q1 2023, up from ¥856,912,054.15 in Q1 2022, reflecting a growth of 2.9%[18] - The company's total assets as of the end of Q1 2023 amounted to ¥1,687,991,658.79, compared to ¥1,660,407,845.49 at the end of Q1 2022[18] Cash Flow - Cash flow from operating activities showed a net outflow of ¥71,626,027.46, worsening by 11.71% compared to a net outflow of ¥64,119,030.56 in the same period last year[11] - The company's cash flow from operating activities showed a positive trend, indicating improved liquidity and operational efficiency[22] - The net cash flow from operating activities was -71,626,027.46, compared to -64,119,030.56 in the previous period, indicating a decline in operational cash flow[23] - Cash inflow from operating activities totaled 204,432,561.25, up from 197,699,202.75 in the previous period, reflecting a growth of approximately 3.7%[23] - Cash outflow from operating activities increased to 276,058,588.71 from 261,818,233.31, representing an increase of about 5.4%[23] - The net cash flow from investing activities was -3,343,733.19, a significant decrease from 11,741,410.47 in the previous period[24] - The net cash flow from financing activities was 13,725,783.37, an increase from 9,668,079.90 in the previous period, reflecting a growth of approximately 42.4%[24] Shareholder Information - Total number of common shareholders at the end of the reporting period is 9,535[13] - The largest shareholder, Changzhou Jingxue Investment Management Co., Ltd., holds 34.51% of shares, totaling 37,270,530 shares[13] - The top ten shareholders include several entities with significant stakes, indicating concentrated ownership[13] - The company is under the control of its actual controllers, which may affect shareholder dynamics[13] Expenses and Subsidies - The company reported a significant increase in financial expenses, which rose by 247.64% to ¥457,610.52 due to higher interest expenses[10] - The company received government subsidies amounting to ¥3,301,179.43, an increase of 136.89% compared to ¥1,393,520.24 in the previous year[10] - The company reported a 100.19% increase in taxes and surcharges, amounting to ¥1,036,548.34, primarily due to increases in property and environmental taxes[10] Inventory and Receivables - Accounts receivable decreased to 299,204,360.77 CNY from 344,060,832.58 CNY, a reduction of about 13.0%[16] - Inventory increased to 756,805,764.10 CNY from 653,237,844.20 CNY, reflecting a growth of approximately 15.9%[16] - Prepayments rose to 98,802,086.21 CNY from 64,181,217.52 CNY, indicating an increase of about 54.0%[16] Strategic Outlook - The company plans to expand its market presence and invest in new technologies to enhance competitive advantage in the upcoming quarters[22] - Research and development expenses for Q1 2023 were ¥3,362,645.18, a decrease of 25.9% from ¥4,538,627.90 in Q1 2022, suggesting a potential shift in strategic focus[19]
晶雪节能(301010) - 2023 Q1 - 季度财报