Financial Performance - The company's revenue for Q1 2023 was CNY 148,729,396.69, representing a 5.57% increase compared to CNY 140,886,787.03 in the same period last year[5]. - Net profit attributable to shareholders reached CNY 3,981,293.51, a significant increase of 437.44% from CNY 740,782.65 year-on-year[5]. - Basic earnings per share rose to CNY 0.04, up 300% from CNY 0.01 in the same quarter last year[5]. - Total operating revenue for Q1 2023 was CNY 148,729,396.69, an increase of 5.9% compared to CNY 140,886,787.03 in Q1 2022[24]. - Net profit for Q1 2023 reached CNY 3,847,559.83, compared to CNY 554,881.88 in Q1 2022, indicating a significant increase[25]. - The total comprehensive income for the first quarter of 2023 was CNY 3,847,559.83, compared to CNY 554,881.88 in the same period last year, representing a significant increase[26]. Cash Flow - The net cash flow from operating activities improved to CNY 12,817,562.78, a turnaround from a negative cash flow of CNY -15,141,093.24 in the previous year, marking a 184.65% increase[12]. - The total cash inflow from operating activities was CNY 139,345,589.91, slightly up from CNY 136,554,047.55 in the prior year[29]. - The cash outflow for purchasing goods and services decreased to CNY 64,661,541.99 from CNY 95,538,894.56 year-over-year[29]. - The net cash flow from investing activities was CNY -9,969,764.66, an improvement from CNY -38,936,740.59 in the same quarter last year[29]. - The company reported a cash balance of 205,008,626.62 yuan at the end of Q1 2023, compared to 203,819,291.78 yuan at the beginning of the year[21]. - The total cash and cash equivalents at the end of the period were CNY 204,946,781.32, compared to CNY 214,426,584.49 at the end of the previous year[29]. - The company received CNY 110,071,882.00 from the recovery of investments, an increase from CNY 99,330,000.00 in the prior year[29]. - The cash outflow for taxes paid was CNY 6,603,648.18, up from CNY 3,940,742.84 year-over-year[29]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 835,452,250.36, showing a slight decrease of 0.01% from CNY 835,555,825.93 at the end of the previous year[5]. - The total assets of the company stood at CNY 835,452,250.36, slightly down from CNY 835,555,825.93 in the previous quarter[23]. - Total liabilities decreased from CNY 200,176,069.13 to CNY 196,224,933.74, a reduction of 2.5%[23]. - The company's accounts receivable decreased from CNY 204,322,541.08 in the previous quarter to CNY 198,954,284.89[22]. - Inventory increased to CNY 74,888,632.89 from CNY 69,962,490.02, showing a rise of 7.5%[22]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 13,399[13]. - The largest shareholder, Wu Shoukang, holds 34.47% of the shares, totaling 36,776,232 shares[13]. - The second-largest shareholder, Zhang Wei, holds 8.66% of the shares, totaling 9,242,000 shares[13]. - The company has a total of 45,239,232 restricted shares, with Wu Shoukang and Wu Shouyong having 36,776,232 and 8,148,000 restricted shares respectively[15]. - The company’s major shareholder, Shenzhen Dachen Caixin Venture Capital Management Co., Ltd., reduced its holdings by 3,039,292 shares, accounting for 2.8490% of the total share capital[19]. - The company has no preferred shareholders as of the reporting period[15]. Operational Highlights - The company reported a 104.64% increase in prepayments, totaling CNY 4,275,290.66, primarily due to increased advance payments for procurement[10]. - Financial expenses surged by 22,464.76% to CNY 1,196,835.05, mainly due to foreign exchange gains and losses[11]. - Other income increased by 166.89% to CNY 802,652.21, driven by the recognition of government project revenues[11]. - The company experienced a 6138.65% reduction in credit impairment losses, amounting to CNY 269,963.69, due to decreased bad debt provisions[11]. - Research and development expenses for Q1 2023 were CNY 10,384,427.65, a decrease of 6.6% from CNY 11,122,178.15 in Q1 2022[25]. - The company did not report any net profit from subsidiaries prior to the merger during the period[26]. - The company has not disclosed any new product or technology developments in the current report[17]. - The company is undergoing a change in its continuous supervision representative due to personnel adjustments[17].
金百泽(301041) - 2023 Q1 - 季度财报