Financial Performance - The company's revenue for Q1 2023 was CNY 43,906,609.62, representing a 74.88% increase compared to CNY 25,107,173.27 in the same period last year[5]. - The net profit attributable to shareholders was CNY 1,179,334.61, a significant turnaround from a net loss of CNY 8,394,769.55 in the previous year, marking a 114.05% improvement[5]. - The net profit for Q1 2023 was CNY 1,252,434.20, a turnaround from a net loss of CNY 8,446,501.33 in the previous year[26][27]. - The company reported a basic earnings per share of CNY 0.01, compared to a loss of CNY 0.09 per share in the same period last year, reflecting a 111.11% increase[5]. - The company achieved a profit before tax of CNY 2,298,566.25, compared to a loss before tax of CNY 8,187,233.81 in the previous year[26]. Cash Flow - The net cash flow from operating activities was CNY -23,787,639.56, an improvement of 65.90% from CNY -69,762,993.33 in the same period last year[5]. - Cash inflow from operating activities was CNY 65,367,726.95, compared to CNY 31,303,959.70 in the previous year, reflecting improved cash generation capabilities[29]. - The total cash inflow from investment activities was 889,969,248.16 CNY, significantly higher than 114,979,804.57 CNY in the same period last year[30]. - The net cash flow from investment activities was 10,048,197.30 CNY, compared to -40,944,310.92 CNY in the previous year[30]. - Cash inflow from financing activities amounted to 34,327,519.62 CNY, with a net cash flow of 33,000,980.44 CNY, improving from -1,424,300.00 CNY last year[30]. - The net increase in cash and cash equivalents was 19,261,538.18 CNY, contrasting with a decrease of -112,131,604.25 CNY in the previous year[30]. - The ending balance of cash and cash equivalents reached 429,590,012.73 CNY, up from 6,528,212.24 CNY at the end of the previous year[30]. Assets and Liabilities - The total assets at the end of Q1 2023 were CNY 1,475,849,476.40, a decrease of 1.17% from CNY 1,493,291,028.41 at the end of the previous year[5]. - The company’s total liabilities increased by 199.38% in short-term borrowings, reaching CNY 51,600,979.20, up from CNY 17,235,779.52[10]. - The company reported a total liability of CNY 163,413,838.14, a decrease from CNY 182,107,824.35 year-on-year, indicating better financial management[26]. - Total current liabilities decreased to CNY 157,730,529.83 from CNY 177,190,261.96[22]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,593[13]. - The largest shareholder, Tianjin Keyada Energy Technology Co., Ltd., holds 12.41% of shares, totaling 14,960,000 shares[13]. - The second-largest shareholder, China Electronics System Technology Co., Ltd., holds 10.54% of shares, totaling 12,705,000 shares[13]. - The company has a total of 4,500,000 shares held by Hebei Changtai Construction Development Group, accounting for 3.73%[13]. - The company has a total of 10,007,000 shares held by Qi Chengying, representing 8.30% of shares[13]. - The total number of preferred shareholders at the end of the reporting period is 0[15]. - The company has no changes in restricted shares during the reporting period[15]. - The total number of restricted shares at the end of the period remains 14,960,000 for Tianjin Keyada Energy Technology Co., Ltd.[16]. - The company has a commitment to not transfer or manage the shares obtained for 36 months from the acquisition date[17]. - The company’s actual controller, Qi Chengying, holds 74.50% of the shares directly[14]. Operational Highlights - The company is focusing on expanding its market presence and developing new technologies[20]. - Research and development expenses increased to CNY 8,780,183.53, up 26.6% from CNY 6,933,525.28 year-on-year, indicating a focus on innovation[26]. - Total operating revenue for Q1 2023 reached CNY 43,906,609.62, a significant increase of 74.6% compared to CNY 25,107,173.27 in the same period last year[25]. - Total operating costs amounted to CNY 51,150,832.17, up 46.4% from CNY 34,950,050.54 year-on-year, with operating costs specifically rising from CNY 15,691,501.17 to CNY 29,645,751.59[25][26]. Other Financial Metrics - The company paid 18,250,074.71 CNY in employee compensation, down from 19,797,478.34 CNY year-over-year[30]. - Tax payments decreased to 9,685,999.20 CNY from 13,487,317.72 CNY in the previous year[30]. - The cash outflow from operating activities totaled 89,155,366.51 CNY, compared to 101,066,953.03 CNY in the same period last year[30]. - The company did not conduct an audit for the first quarter report[31].
工大科雅(301197) - 2023 Q1 - 季度财报