Financial Performance - The company's revenue for Q1 2023 reached ¥427,332,866.38, representing a 45.69% increase compared to ¥293,312,547.96 in the same period last year[5] - Net profit attributable to shareholders was ¥20,960,888.75, up 22.23% from ¥17,148,361.84 year-on-year[5] - Operating profit for the quarter was ¥23,902,088.01, compared to ¥19,907,901.26 in the previous year, reflecting a growth of 15.0%[25] - The total comprehensive income for Q1 2023 was CNY 21,387,751.07, up from CNY 16,009,240.61 in the same period last year, reflecting a growth of 33.5%[26] - Revenue from sales of goods and services received in Q1 2023 was CNY 373,684,460.68, compared to CNY 362,033,165.10 in Q1 2022, indicating a growth of 3.5%[29] Cash Flow and Liquidity - The net cash flow from operating activities improved to -¥77,331,418.40, a 47.92% reduction in losses compared to -¥148,482,238.59 in the previous year[14] - The company's cash flow from financing activities surged by 296.01% to ¥323,252,832.07, primarily due to the funds raised from the issuance of convertible bonds[14] - Cash and cash equivalents at the end of the period were ¥585,803,064.22, an increase of 56.0% from ¥375,235,149.78 at the beginning of the year[22] - The net cash flow from financing activities in Q1 2023 was CNY 323,252,832.07, significantly higher than CNY 81,628,354.11 in Q1 2022[30] Assets and Liabilities - Total assets increased by 27.76% to ¥1,420,098,023.83 from ¥1,111,498,039.06 at the end of the previous year[5] - Total liabilities reached ¥603,671,738.50, compared to ¥332,414,973.45 at the beginning of the year, indicating a growth of 81.5%[23] - The company's equity attributable to shareholders increased to ¥816,426,285.33, up 4.8% from ¥779,083,065.61 at the start of the year[23] Research and Development - The company reported a significant increase in R&D expenses, which rose by 79.28% to ¥7,102,803.75 from ¥3,961,871.67 year-on-year[12] - Research and development expenses for the quarter were ¥7,102,803.75, an increase of 79.5% compared to ¥3,961,871.67 in the previous year[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 10.764 million[16] - The largest shareholder, Xu Jiang, holds 40.75% of shares, amounting to 32,596,478 shares, with 11,300,000 shares pledged[16] - The top ten shareholders hold a combined 64.75% of the company's shares[16] - The company has a significant concentration of ownership, with the top three shareholders holding over 59%[16] - The management team has a significant portion of their shares under lock-up agreements, ensuring alignment with shareholder interests[19] Financing Activities - The company issued convertible bonds, resulting in a 100% increase in payable bonds to ¥234,607,154.00[10] - The company experienced a 1123.71% increase in short-term borrowings, reaching ¥79,700,779.34, driven by the need for operational funds due to revenue growth[10] - The company issued 2.61 million convertible bonds with a total value of 261 million RMB, which began trading on April 11, 2023[20] - The company plans to expand its market presence following the issuance of convertible bonds[20] - The financial report indicates a focus on maintaining shareholder value through strategic financing options[20] Other Financial Metrics - The basic earnings per share for Q1 2023 was ¥0.26, reflecting a 23.81% increase from ¥0.21 in the same period last year[5] - The company reported a tax expense of CNY 2,940,984.66 for Q1 2023, slightly down from CNY 3,055,714.92 in Q1 2022[26] - The total cash inflow from investment activities was CNY 213,799,515.31 in Q1 2023, compared to CNY 209,981,241.00 in Q1 2022, showing a slight increase[29] - The company experienced a foreign exchange loss of CNY -959,363.45 in Q1 2023, compared to a loss of CNY -1,102,972.45 in Q1 2022[30]
亚康股份(301085) - 2023 Q1 - 季度财报