Financial Performance - The company's operating revenue for Q1 2023 was ¥49,204,713.64, representing an increase of 8.98% compared to ¥45,149,134.47 in the same period last year[5] - The net profit attributable to shareholders was -¥3,354,585.69, a decrease of 441.07% from ¥983,546.35 in the previous year[5] - The company reported a significant decrease in operating profit, which was -¥4,635,010.64, a decline of 260.45% from -¥1,285,902.46 in the previous year[12] - Total operating costs for Q1 2023 were CNY 52,682,236.30, up 6.0% from CNY 49,486,909.51 in the same period last year[30] - Net profit for Q1 2023 was a loss of CNY 3,355,278.71, compared to a profit of CNY 982,834.59 in Q1 2022, representing a significant decline[31] - Basic and diluted earnings per share for Q1 2023 were both CNY -0.0509, down from CNY 0.0149 in Q1 2022[33] Cash Flow - The net cash flow from operating activities improved by 35.90%, reaching -¥29,759,409.22 compared to -¥46,429,984.66 in the same period last year[5] - Cash inflow from investment activities reached 574,854,378.00, marking a 31.84% increase year-on-year[13] - Total cash flow from financing activities was 33,180,553.42, attributed to increased short-term bank loans[14] - The net cash flow from financing activities surged by 295.05% to 18,663,918.82 due to the increase in short-term bank borrowings[14] - The total cash and cash equivalents at the end of Q1 2023 were 145,723,258.97, down from 553,471,308.39 at the beginning of the period[37] - The company received 78,000,000.00 in cash from investment recoveries during the quarter[36] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,041,777,367, an increase of 2.50% from ¥1,015,025,262 at the end of the previous year[5] - Total liabilities as of Q1 2023 amounted to CNY 205,978,545.03, compared to CNY 177,182,582.57 at the end of Q1 2022, reflecting a 16.3% increase[29] - The company's short-term borrowings surged by 1628.13% to ¥34,603,195.69, primarily due to increased bank loans by the wholly-owned subsidiary[11] - Contract liabilities rose by 48.71% to ¥44,575,250.06, driven by increased contract payments and performance obligations in integrated service projects[12] Inventory and Expenses - The inventory increased by 76.97% to ¥71,054,540.57, attributed to higher investment in ongoing project orders compared to the previous year[11] - Research and development expenses for Q1 2023 were CNY 4,530,128.17, compared to CNY 4,833,962.90 in Q1 2022, indicating a decrease of 6.3%[30] - The financial expenses decreased by 67.28% to -¥2,585,681.43, attributed to increased interest income from financial products[12] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,817[15] - The largest shareholder, Lin Mingling, holds 28.43% of the shares, totaling 18,751,824.00 shares[16] Future Plans - The company plans to establish a wholly-owned subsidiary, Guangdong Tianyi Ma Digital Industry Co., Ltd., with an investment of up to RMB 10 million[20] - The company approved a share repurchase plan with a total fund of no less than RMB 25 million and no more than RMB 50 million, with a repurchase price not exceeding RMB 28.50 per share[23] - The company intends to apply for a comprehensive credit line of up to USD 20 million for its wholly-owned subsidiary in Hong Kong, with the guarantee provided by the company[22]
天亿马(301178) - 2023 Q1 - 季度财报