Financial Performance - The company's revenue for Q1 2023 was ¥131,455,307.89, a decrease of 28.72% compared to ¥184,429,492.47 in the same period last year[5] - Net profit attributable to shareholders was ¥14,782,334.53, down 37.89% from ¥23,798,908.56 year-on-year[5] - Basic and diluted earnings per share decreased by 53.13%, from ¥0.32 to ¥0.15[5] - Total operating revenue for Q1 2023 was CNY 131,455,307.89, a decrease of 28.7% compared to CNY 184,429,492.47 in Q1 2022[23] - Net profit for Q1 2023 was CNY 14,613,407.46, representing a decline of 38.2% from CNY 23,673,697.14 in Q1 2022[24] - Earnings per share for Q1 2023 were CNY 0.15, down from CNY 0.32 in Q1 2022[25] Cash Flow - The net cash flow from operating activities increased significantly by 589.54%, reaching ¥32,455,641.16, compared to a negative cash flow of ¥6,629,782.21 in the previous year[5][10] - Cash flow from operating activities was CNY 178,455,932.56, slightly up from CNY 173,487,402.27 in Q1 2022[27] - The total operating cash inflow for Q1 2023 was ¥187,018,942.63, while the total operating cash outflow was ¥154,563,301.47, indicating a healthy operating cash flow situation[28] - The total cash inflow from financing activities was ¥60,371,400.00, up from ¥47,845,500.00 in the same period last year, resulting in a net cash flow from financing activities of ¥59,942,274.35[29] - The company reported a total cash and cash equivalents balance of ¥954,646,700.79 at the end of Q1 2023, compared to ¥56,514,553.32 at the end of Q1 2022[29] - The company’s cash and cash equivalents increased by ¥64,771,239.97 during Q1 2023, contrasting with a decrease of ¥11,855,356.27 in Q1 2022[29] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥1,598,461,266.82, reflecting a 3.25% increase from ¥1,548,140,429.10 at the end of the previous year[5] - Total liabilities increased to CNY 190,936,143.38 in Q1 2023, compared to CNY 154,366,204.20 in Q1 2022, marking a rise of 23.7%[21] - Total liquid assets increased to ¥954,646,700.79 from ¥889,875,460.82, representing a growth of approximately 7.4%[18] - Accounts receivable decreased to ¥98,620,400.28 from ¥128,331,526.44, a decline of about 23.2%[18] - Inventory increased to ¥179,486,857.48 from ¥176,528,258.16, showing a rise of approximately 1.1%[19] - Short-term borrowings increased by 192.19% to ¥92,971,910.15, attributed to new bank loans taken during the period[9] Shareholder Information - Total number of common shareholders at the end of the reporting period is 17,921[12] - The top two shareholders, Zhong Xingfu and Chen Fangren, each hold 18.20% of shares, totaling 18,200,000 shares[12] - The company has a total of 76,292,660 shares under lock-up agreements, with 1,292,660 shares released during the period[16] Research and Development - The company is actively involved in research and development of new technologies and products, although specific details were not disclosed in the report[19] - Research and development expenses for Q1 2023 were CNY 5,406,279.30, a decrease of 23.3% from CNY 7,049,205.44 in Q1 2022[24] Future Outlook - Future outlook includes potential market expansion and strategic acquisitions to enhance growth[19] Other Financial Metrics - The company reported a significant increase in other receivables, which rose by 850.91% to ¥2,581,713.95, primarily due to an increase in export tax refunds[9] - The company experienced a 30.16% increase in cash outflows from investing activities, totaling ¥-27,144,642.77, mainly due to increased payments for fundraising projects[10] - The company reported a decrease in government subsidies recognized in other income, which fell by 90.25% to ¥205,492.70 compared to ¥2,107,726.86 in the same period last year[9] - Other comprehensive income after tax for Q1 2023 was CNY -862,508.92, compared to CNY -44,686.76 in Q1 2022[25] - The company paid ¥20,056,594.43 in employee compensation during Q1 2023, down from ¥22,880,025.51 in the same period last year[28] - The company experienced a negative impact of ¥482,032.77 from foreign exchange fluctuations on cash and cash equivalents[29] - The cash inflow from investment income received was ¥746,260.00 in Q1 2023, compared to no such income reported in Q1 2022[28]
万得凯(301309) - 2023 Q1 - 季度财报