Financial Performance - The company's revenue for Q1 2023 was ¥191,400,109.50, a decrease of 8.38% compared to ¥208,899,706.92 in the same period last year[5]. - Net profit attributable to shareholders was ¥8,474,420.24, down 31.97% from ¥12,457,511.00 year-on-year[5]. - Total operating revenue for Q1 2023 was ¥191,400,109.50, a decrease of 8.4% compared to ¥208,899,706.92 in Q1 2022[18]. - Net profit for Q1 2023 was ¥8,838,414.49, representing a decline of 29.3% from ¥12,501,773.29 in Q1 2022[19]. - Operating profit decreased to ¥12,298,792.17, down 26.0% from ¥16,627,256.86 in the same period last year[18]. - Basic and diluted earnings per share for Q1 2023 were both ¥0.05, down from ¥0.08 in Q1 2022[19]. Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to ¥7,677,445.75, a 118.78% increase from a negative cash flow of ¥40,873,489.51 in Q1 2022[5][10]. - Cash flow from operating activities generated a net amount of ¥7,677,445.75, a significant improvement from a net outflow of ¥40,873,489.51 in Q1 2022[22]. - Cash and cash equivalents at the end of Q1 2023 were ¥173,143,602.93, compared to ¥160,783,231.37 at the end of Q1 2022[22]. - Cash and cash equivalents stood at CNY 175,492,514.38, slightly down from CNY 177,586,305.40[16]. Assets and Liabilities - The total assets at the end of the reporting period were ¥983,394,005.35, reflecting a 0.60% increase from ¥977,494,231.12 at the end of the previous year[5]. - Total liabilities decreased to CNY 277,044,200.87 from CNY 279,492,841.13, indicating a reduction in financial obligations[17]. - Current assets increased to CNY 427,116,724.90 from CNY 414,916,111.36, reflecting improved liquidity[16]. - Accounts receivable rose to CNY 38,346,788.61 from CNY 33,857,502.70, suggesting increased sales activity[16]. - Inventory increased to CNY 153,489,470.89 from CNY 148,523,653.82, indicating potential growth in production or sales[16]. - Total equity increased to CNY 706,349,804.48 from CNY 698,001,389.99, reflecting a stronger financial position[17]. - The company’s short-term borrowings were fully repaid, resulting in a 100% decrease from ¥550,062.64 at the end of the previous year[8]. Operating Costs and Expenses - Total operating costs decreased to ¥177,967,540.39, down 7.2% from ¥191,874,714.21 in the previous year[18]. - Research and development expenses increased to ¥5,734,337.06, up from ¥5,239,175.08 in the previous year[18]. - The company reported a decrease in sales expenses to ¥31,411,079.27 from ¥34,316,815.33 in Q1 2022[18]. Other Income and Subsidies - The company received government subsidies amounting to ¥66,160.84 during the reporting period[6]. - The company reported a significant increase in other operating income, totaling ¥614,685.83, primarily due to penalties received from tenants for lease violations[9]. - The company’s investment income dropped by 98.58% to ¥2,584.77, attributed to reduced funds for purchasing bank wealth management products[9]. Strategic Focus - The company is focusing on expanding its market presence and enhancing product development strategies[15]. - The company did not report any new product launches or significant market expansion strategies during the quarter[23].
张小泉(301055) - 2023 Q1 - 季度财报