Revenue and Profit - Revenue for Q1 2023 reached ¥57,372,945.30, an increase of 8.82% compared to ¥52,722,303.45 in the same period last year[5] - Net profit attributable to shareholders decreased by 9.59% to ¥15,159,116.12 from ¥16,766,933.27 year-on-year[5] - Basic and diluted earnings per share fell by 31.70% to ¥0.2527, down from ¥0.37 in the same period last year[5] - Total operating revenue for Q1 2023 reached CNY 57,372,945.30, an increase of 8.3% compared to CNY 52,722,303.45 in Q1 2022[17] - Net profit for Q1 2023 was CNY 17,995,691.89, representing a growth of 7.3% from CNY 16,766,933.27 in the same period last year[18] Cash Flow and Liquidity - Net cash flow from operating activities surged by 123.40% to ¥22,944,625.33, up from ¥10,270,520.89 in the previous year[5] - The cash inflow from operating activities for Q1 2023 was CNY 67,519,897.79, an increase of 53.6% compared to CNY 43,917,592.57 in Q1 2022[20] - The total cash and cash equivalents at the end of Q1 2023 amounted to CNY 697,073,755.20, up from CNY 209,930,620.53 at the end of Q1 2022, showing a substantial increase in liquidity[21] - The net cash increase for the period was CNY 10,716,112.14, contrasting with a net decrease of CNY -20,723,550.68 in Q1 2022, indicating a positive cash flow trend[21] - The cash received from operating activities was significantly higher than cash paid for operating activities, resulting in a net cash flow of CNY 22,944,625.33 for Q1 2023[20] Assets and Liabilities - Total assets increased by 1.87% to ¥1,190,574,722.71 compared to ¥1,168,710,143.45 at the end of the previous year[5] - The company's total liabilities increased to CNY 213,530,924.22 from CNY 209,662,036.86, marking a rise of 1.8%[18] - The total equity attributable to shareholders reached CNY 911,962,498.25, up from CNY 896,803,382.13, indicating a growth of 1.8%[18] - Accounts receivable increased to ¥35,023,418.74 from ¥27,349,082.33, reflecting a growth of approximately 28%[14] - Inventory at the end of the period is ¥6,948,245.79, up from ¥6,522,884.75, indicating an increase of about 6.5%[14] Shareholder Information - The total number of common shareholders at the end of the reporting period is 7,543[9] - The largest shareholder, Shanghai Cable Research Institute, holds 63.75% of shares, totaling 38,250,019 shares[9] - The company has no preferred shareholders as of the reporting period[11] - There are no changes in restricted shares during the reporting period[12] - The company has committed to a share restriction until June 22, 2025, for the largest shareholder[12] Financial Management - The company reported a significant increase in contract liabilities, up 44.03% to ¥38,547,472.05, indicating a rise in orders and advance payments received[8] - The company's financial expenses decreased significantly by 776.59%, reflecting increased interest income due to a substantial rise in cash reserves[8] - The financial expenses showed a notable change, with a net income of CNY -1,438,282.39 compared to CNY 212,576.78 in the previous year, indicating a shift in financial management[17] - The net cash outflow from investing activities was CNY -11,768,783.77, compared to CNY -30,148,065.48 in the same period last year, indicating a significant reduction in investment losses[20] - The net cash flow from financing activities was CNY -445,510.68, a decrease from CNY -816,393.31 in Q1 2022, reflecting improved cash management[21] Research and Development - Research and development expenses for Q1 2023 were CNY 4,020,248.44, slightly down from CNY 4,441,525.40 in Q1 2022[17] Audit Status - The company’s first quarter report was not audited, which may affect the reliability of the financial data presented[22]
国缆检测(301289) - 2023 Q1 - 季度财报