Financial Performance - The company's operating revenue for Q1 2023 reached ¥971,384,140.29, representing a 68.46% increase compared to ¥576,615,740.22 in the same period last year, driven by increased customer orders and shipments [7]. - Net profit attributable to shareholders for Q1 2023 was ¥92,514,803.07, a 63.55% increase from ¥56,568,345.31 in Q1 2022, primarily due to the increase in revenue [7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥90,510,218.88, reflecting a 62.41% increase from ¥55,728,287.40 in the previous year [7]. - Basic earnings per share for Q1 2023 was ¥0.23, up 43.75% from ¥0.16 in Q1 2022, attributed to profit growth [7]. - Total comprehensive income for the current period is 91,833,736.92 CNY, compared to 56,639,329.69 CNY in the previous period, indicating an increase of approximately 62.1% [44]. Assets and Liabilities - The total assets at the end of Q1 2023 amounted to ¥4,793,260,819.46, compared to ¥4,690,198,760.51 at the beginning of the period [9]. - The total liabilities as of the end of Q1 2023 were ¥2,487,427,913.10, slightly up from ¥2,477,641,356.86 at the beginning of the period [9]. - Shareholders' equity attributable to the parent company was CNY 2,305,832,906.36, up 4.22% from CNY 2,212,557,403.65 at the end of the last year [32]. - The total current assets at the end of the period are 2,936,460,502.94 CNY, slightly up from 2,902,442,470.44 CNY at the beginning of the year [48]. Cash Flow - Cash and cash equivalents at the end of Q1 2023 were ¥424,660,336.36, down from ¥1,095,623,722.67 at the beginning of the period, indicating a net decrease of ¥305,411,495.70 [10]. - The net cash flow from operating activities was negative CNY 194,039,160.00, worsening by 25.25% compared to negative CNY 154,923,309.49 in the previous year [32]. - Cash flow from operating activities shows a net outflow of -194,039,160.00 CNY, worsening from -154,923,309.49 CNY in the previous period [46]. - The cash and cash equivalents decreased to 559,021,142.23 CNY from 827,177,565.56 CNY at the beginning of the year, a decline of approximately 32.5% [48]. Expenses - Total operating costs amounted to ¥863,848,361.58, up from ¥510,267,399.62 in the prior period, reflecting a rise of about 69.2% [51]. - Research and development expenses surged to ¥45,896,261.41, compared to ¥19,929,297.70 in the previous period, indicating an increase of approximately 130.0% [51]. - Financial expenses increased to ¥10,342,108.67 from ¥4,725,089.45, marking a rise of about 118.0% [51]. - Sales expenses rose to ¥5,629,479.53 from ¥4,399,747.86, representing an increase of approximately 28.0% [51]. - Management expenses increased significantly to ¥31,801,394.19 from ¥16,800,313.36, indicating an increase of about 89.0% [51]. Government Support and Non-Recurring Items - The company reported a government subsidy of ¥1,950,978.18 during the period, contributing positively to the financial results [2]. - Non-operating income and expenses, excluding the aforementioned items, resulted in a net loss of ¥105,919.27 [2]. - The company has not identified any non-recurring gains or losses that should be classified as regular income [18]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 8,960 [36]. - The top ten shareholders include significant institutional investors, indicating strong institutional interest in the company [37]. Future Prospects - The company has submitted an application to issue convertible bonds to unspecified objects, pending approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission [38]. - The company achieved a notable increase in operating revenue, highlighting strong market performance and potential for future growth [52].
铭利达(301268) - 2023 Q1 - 季度财报