Financial Performance - The company's operating revenue for Q1 2023 was ¥171,613,712, representing a 26% increase compared to ¥136,199,535.62 in the same period last year[4] - Net profit attributable to shareholders for Q1 2023 was ¥35,050,749.84, a 58.5% increase from ¥22,113,773.37 year-on-year[4] - Basic earnings per share for Q1 2023 were ¥0.2609, reflecting a 58.51% increase compared to ¥0.1646 in the same period last year[4] - Operating profit for the quarter was ¥43,335,541.06, representing a growth of 50.5% from ¥28,804,339.42 in Q1 2022[24] - The total comprehensive income for the period was ¥37,909,230.85, compared to ¥24,309,914.27 in the same quarter last year[24] Cash Flow and Assets - The net cash flow from operating activities reached ¥31,429,846.37, up 234.81% from ¥9,387,448.32 in the previous year[4] - The cash and cash equivalents decreased by 50.20% to ¥465,092,522.18, primarily due to investments in financial products[10] - The net cash flow from investing activities was negative at ¥498,963,185.24, a 37.49% improvement compared to the previous year, reflecting reduced investment in structured deposits[13] - The net cash flow from financing activities was -1,232,325.04 CNY, resulting in a total cash outflow of 16,684,386.56 CNY[27] - The ending balance of cash and cash equivalents was 465,092,522.18 CNY, down from 934,006,089.92 CNY at the beginning of the period[27] Assets and Liabilities - Total assets at the end of Q1 2023 amounted to ¥1,699,705,694.73, a 2.42% increase from ¥1,659,522,369.65 at the end of the previous year[4] - The total current liabilities increased slightly to CNY 140.04 million from CNY 136.23 million at the beginning of the year[21] - The company's non-current liabilities decreased to CNY 9.85 million from CNY 11.39 million at the beginning of the year[21] - The total equity remained stable at CNY 1,036.83 million[21] Sales and Market Performance - In Q1 2023, the sales of the "Easy Control" series products reached CNY 27.57 million, representing a year-on-year growth of 80%[18] - The company reported a strong recovery in offline consumption starting from February 2023, indicating a positive market outlook[18] - The company is focusing on expanding its market presence and enhancing product offerings in response to growing demand[18] Expenses and Investments - The company reported a significant increase in sales expenses, which rose by 32.88% to ¥33,076,283.58, due to higher advertising expenditures[12] - Research and development expenses rose to ¥5,325,996.18, up from ¥4,135,120.23 in the previous year, indicating a focus on innovation[23] Other Financial Metrics - The company's weighted average return on equity was 2.36%, up from 1.56% in the same period last year, indicating improved profitability[4] - Trade receivables increased by 30.95% to ¥148,259,308.49, attributed to higher sales and increased accounts receivable[10] - The inventory decreased to CNY 81.07 million from CNY 89.73 million at the beginning of the year[20] - The accounts receivable rose to CNY 148.26 million from CNY 113.22 million at the beginning of the year[20] - The company did not undergo an audit for the first quarter report[28]
明月镜片(301101) - 2023 Q1 - 季度财报