Financial Performance - The company's operating revenue for Q1 2023 was ¥427,010,896.99, representing a 10.68% increase compared to ¥385,793,656.53 in the same period last year[4] - Net profit attributable to shareholders was ¥33,732,193.52, an 18.10% increase from ¥28,563,006.05 year-on-year[4] - Basic earnings per share increased to ¥0.07, up 16.67% from ¥0.06 in the previous year[4] - Total revenue for the first quarter reached ¥427,010,896.99, an increase of 10.7% compared to ¥385,793,656.53 in the previous period[22] - Operating profit for the period was ¥38,640,659.66, compared to ¥36,873,227.72 in the prior year, indicating a growth of 4.8%[22] - The net profit for the first quarter of 2023 was CNY 33,576,746.67, an increase of 19.5% compared to CNY 28,166,099.62 in the same period last year[23] - The total profit for the first quarter was CNY 39,986,867.20, up from CNY 37,546,904.70, reflecting a growth of 3.8% year-over-year[23] - The basic and diluted earnings per share for the first quarter were both CNY 0.07, compared to CNY 0.06 in the previous year, indicating a 16.7% increase[23] Cash Flow - The net cash flow from operating activities was -¥230,372,165.51, a decrease of 64.64% compared to -¥139,922,989.57 in Q1 2022[11] - Cash inflows from operating activities totaled CNY 615,954,618.35, a decrease of 40.6% from CNY 1,039,772,847.36 in the prior year[26] - The net cash flow from operating activities was CNY -230,372,165.51, worsening from CNY -139,922,989.57 in the same quarter last year[26] - The net cash flow from financing activities improved significantly to ¥5,502,987.09, a 339.10% increase from -¥2,301,569.04 in Q1 2022[11] - The net cash flow from financing activities was CNY 5,502,987.09, a significant improvement from CNY -2,301,569.04 in the same quarter last year[27] - The company received CNY 100,000,000.00 from investment recoveries, a substantial increase from CNY 15,000,000.00 in the previous year[26] - The company reported cash outflows from investing activities of CNY 103,410,078.17, compared to CNY 77,670,203.64 in the previous year, representing a 32.9% increase[26] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥3,671,289,436.58, a decrease of 3.71% from ¥3,812,584,325.47 at the end of the previous year[4] - Current liabilities totaled ¥1,539,173,050.20, down from ¥1,711,325,797.16, representing a decrease of 10.1%[20] - The company's cash and cash equivalents decreased to ¥1,160,426,737.60 from ¥1,349,644,986.65, a reduction of 14.0%[20] - Cash and cash equivalents at the end of the period were CNY 991,777,432.16, down from CNY 1,218,237,611.42 at the beginning of the period[27] - Inventory levels increased to ¥511,052,677.04 from ¥464,076,668.98, reflecting an increase of 10.1%[20] - The total equity attributable to shareholders rose to ¥1,899,402,340.09 from ¥1,865,779,785.02, an increase of 1.8%[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 18,967, with the largest shareholder holding 39.48% of the shares[12] - The total number of shares held by the top 10 unrestricted shareholders amounts to 308,860,645 shares[16] - The largest unrestricted shareholder is Zhongguo Grain and Oil Group Co., Ltd., holding 202,243,856 shares[16] - The second-largest unrestricted shareholder is Hefei Meiya Optoelectronics Technology Co., Ltd., with 17,356,300 shares[16] - The company has no changes in restricted shares during the reporting period, maintaining the same number of restricted shares at 308,860,645[16] - The company plans to lift the restrictions on shares held by major shareholders on September 9, 2024[16] Investment and R&D - The company reported a significant increase in investment income, which rose by 793.32% to ¥1,120,000.35 compared to ¥125,375.34 in Q1 2022[10] - Research and development expenses rose to ¥21,565,707.14, compared to ¥17,385,997.41, marking a significant increase of 24.9%[22] General Observations - The report indicates that the company is focused on maintaining its employee stock ownership structure through various investment partnerships[14] - The financial report does not provide specific revenue or profit figures for the first quarter of 2023[18] - The company has not disclosed any new product developments or technological advancements in this report[18] - There are no significant market expansion or acquisition strategies mentioned in the current report[18] - The company has not indicated any changes in its financial guidance for the upcoming quarters[18]
中粮科工(301058) - 2023 Q1 - 季度财报