Financial Performance - The company's revenue for Q1 2023 was ¥197,155,766.75, a decrease of 37.95% compared to ¥317,744,266.21 in the same period last year[4] - Net profit attributable to shareholders was ¥9,466,130.66, down 82.08% from ¥52,835,999.47 year-on-year[4] - Basic earnings per share decreased to ¥0.0237, down 81.77% from ¥0.13 in the same period last year[4] - Total operating revenue for Q1 2023 was ¥197,155,766.75, a decrease of 37.9% compared to ¥317,744,266.21 in the same period last year[14] - Net profit for Q1 2023 was ¥9,466,130.66, a decline of 82.1% from ¥52,835,999.47 in Q1 2022[15] - Basic and diluted earnings per share for Q1 2023 were both ¥0.0237, compared to ¥0.13 in the same period last year[17] Cash Flow - The net cash flow from operating activities was ¥40,847,613.75, a decline of 45.70% compared to ¥75,227,105.05 in the previous year[4] - Cash flow from operating activities for Q1 2023 was ¥40,847,613.75, down 45.5% from ¥75,227,105.05 in Q1 2022[18] - Cash inflow from investment activities in Q1 2023 was ¥97,817,096.19, significantly higher than ¥3,576,194.04 in Q1 2022[18] - The net cash flow from investment activities was 59,012,583.95, a significant improvement compared to -29,795,885.20 in the previous period[19] - The total cash inflow from financing activities was 55,492,859.52, while cash outflow totaled 156,936,160.45, resulting in a net cash flow from financing activities of -1,611,049.99[19] - The net increase in cash and cash equivalents for the quarter was 97,421,998.78, compared to a decrease of 54,385,967.39 in the previous period[19] - The ending balance of cash and cash equivalents was 343,872,740.94, down from 423,119,864.92 at the end of the previous period[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,621,606,583.26, a decrease of 1.78% from ¥1,650,920,423.48 at the end of the previous year[4] - Total current assets as of March 31, 2023, amounted to ¥918,193,192.79, a decrease from ¥973,413,500.82 at the beginning of the year, representing a decline of approximately 5.67%[11] - Total liabilities decreased to ¥297,585,332.96 from ¥337,357,662.65, a reduction of about 11.76%[12] - Total assets as of March 31, 2023, were ¥1,621,606,583.26, down from ¥1,650,920,423.48, reflecting a decrease of approximately 1.77%[12] - Non-current assets increased to ¥703,413,390.47 from ¥677,506,922.66, indicating a growth of about 3.8%[12] Shareholder Information - The company’s total equity attributable to shareholders increased by 0.80% to ¥1,324,021,250.30 compared to ¥1,313,562,760.83 at the end of the previous year[4] - The company reported a total equity of ¥400,010,000.00, unchanged from the beginning of the year[12] - The top three shareholders hold a combined 78.62% of the shares, with Huang Jun at 37.32%, Zhang Zhigang at 28.86%, and Wu Guozhong at 12.44%[10] Expenses and Impairments - The company experienced a 204.44% increase in credit impairment losses, amounting to ¥5,212,846.93, attributed to an increase in bad debt provisions[7] - The company recorded a 473.35% increase in non-operating expenses, totaling ¥1,979,180.39, mainly due to losses from fixed asset disposals[7] - Total operating costs for Q1 2023 were ¥193,485,263.38, down 25.2% from ¥258,550,989.44 in Q1 2022[14] - Research and development expenses for Q1 2023 were ¥17,164,939.75, a decrease of 12.5% compared to ¥19,468,454.78 in Q1 2022[14] - The company reported a tax expense of ¥911,985.07 for Q1 2023, down from ¥8,627,269.25 in the same period last year[15] Other Information - The company has not reported any new product developments or market expansion strategies in the current quarter[10] - The company did not undergo an audit for the first quarter report[20]
万祥科技(301180) - 2023 Q1 - 季度财报