Financial Performance - The company's revenue for Q1 2023 was ¥439,108,315.94, representing a 5.32% increase compared to ¥416,939,333.64 in the same period last year[5] - Net profit attributable to shareholders for Q1 2023 was ¥21,416,920.68, up 7.93% from ¥19,843,347.51 in the previous year[5] - The company's net profit excluding non-recurring gains and losses was ¥17,195,433.09, a 1.04% increase from ¥17,018,838.93 in the same period last year[5] - Net profit for the current period was ¥21,416,920.68, compared to ¥19,843,347.51 in the previous period, indicating an increase of approximately 7.9%[18] - The total profit for the current period was ¥21,033,442.54, a slight decrease from ¥21,642,329.71 in the previous period[18] Earnings and Shareholder Information - Basic earnings per share decreased by 18.18% to ¥0.18 from ¥0.22 in the previous year[5] - The basic and diluted earnings per share for the current period were both ¥0.18, down from ¥0.22 in the previous period[18] - The total number of ordinary shareholders at the end of the reporting period was 20,437[9] - The largest shareholder, Li Jin, holds 26.85% of the shares, totaling 32,644,130 shares[9] Cash Flow and Operating Activities - The net cash flow from operating activities was -¥193,110,663.71, showing a slight improvement of 0.04% compared to -¥193,186,775.86 in the same period last year[5] - Cash flow from operating activities showed a net outflow of ¥193,110,663.71, slightly improved from a net outflow of ¥193,186,775.86 in the previous period[20] - The company experienced a decrease in cash inflow from operating activities, totaling ¥466,204,567.88, compared to ¥470,519,265.71 in the previous period[20] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥2,531,513,397.55, down 9.33% from ¥2,791,964,144.33 at the end of the previous year[5] - The total current assets decreased from CNY 2,707,497,843.87 at the beginning of the year to CNY 2,450,450,034.25, a decline of approximately 9.5%[14] - Cash and cash equivalents dropped significantly from CNY 1,120,584,831.67 to CNY 637,872,827.49, representing a decrease of about 43%[14] - The total liabilities decreased from CNY 944,708,835.63 to CNY 662,841,168.17, a reduction of approximately 29.8%[15] - The total assets decreased from CNY 2,791,964,144.33 to CNY 2,531,513,397.55, reflecting a decline of about 9.3%[16] Inventory and Receivables - Accounts receivable increased from CNY 1,033,976,025.80 to CNY 1,087,384,240.04, an increase of approximately 5.2%[14] - Inventory increased significantly from CNY 31,438,417.59 to CNY 79,001,278.31, an increase of about 151%[14] Equity and Retained Earnings - The total equity attributable to the parent company increased from CNY 1,847,255,308.70 to CNY 1,868,672,229.38, an increase of approximately 1.1%[16] - The company's retained earnings increased from CNY 436,177,559.65 to CNY 457,594,480.33, an increase of approximately 4.9%[16] Research and Development - Research and development expenses rose significantly to ¥24,310,234.36 from ¥14,115,925.46, marking an increase of about 72.3%[17] Operating Costs - Total operating costs increased to ¥426,745,831.91 from ¥403,726,961.42, reflecting a rise of about 5.7%[17]
元道通信(301139) - 2023 Q1 - 季度财报