Financial Performance - The company's revenue for Q1 2023 was ¥138,668,222.79, representing a 21.69% increase compared to ¥113,954,620.98 in the same period last year[4] - Net profit attributable to shareholders was ¥28,725,104.56, a slight increase of 1.77% from ¥28,224,204.79 year-on-year[4] - Basic and diluted earnings per share decreased by 25.00% to ¥0.69, compared to ¥0.92 in the previous year[4] - Net profit for Q1 2023 was ¥28,708,407.91, slightly up from ¥28,142,876.67 in Q1 2022, reflecting a growth of 2%[22] - The total comprehensive income for the first quarter of 2023 was CNY 28,363,645.45, compared to CNY 28,089,400.30 in the same period last year, reflecting a slight increase[23] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 37.90% to ¥36,859,602.00, down from ¥59,353,629.91 in Q1 2022, primarily due to delayed payments and increased procurement costs[9] - Cash inflow from operating activities totaled CNY 143,113,303.71, while cash outflow was CNY 106,253,701.71, resulting in a net cash flow of CNY 36,859,602.00[26] - The company reported cash and cash equivalents of approximately ¥876.84 million at the end of Q1 2023, an increase from ¥811.46 million at the beginning of the year[17] - The company reported cash and cash equivalents at the end of the period amounting to CNY 876,653,788.37, an increase from CNY 118,810,765.08 at the end of the previous year[26] - Cash flow from financing activities generated CNY 34,966,245.29, compared to a cash outflow of CNY 1,196,148.00 in the same period last year[26] Assets and Liabilities - Total assets increased by 8.44% to ¥1,325,023,182.20 from ¥1,221,883,478.69 at the end of the previous year[4] - Total liabilities rose to ¥168,463,084.74 in Q1 2023, compared to ¥99,269,626.68 in Q1 2022, indicating a significant increase of 69.8%[19] - The company's total liabilities increased, with accounts payable rising by 107.35% to ¥62,672,402.53, driven by increased procurement amounts[8] - Accounts receivable increased to approximately ¥221.97 million from ¥213.21 million at the beginning of the year, reflecting a growth of about 4%[17] - Inventory levels rose to approximately ¥100.51 million, up from ¥86.11 million, indicating a growth of around 16.7%[17] Research and Development - Research and development expenses rose by 48.11% to ¥14,536,295.74, up from ¥9,814,849.57, reflecting increased investment in R&D[9] - Research and development expenses for Q1 2023 were ¥14,536,295.74, a 48.5% increase from ¥9,814,849.57 in Q1 2022, highlighting a focus on innovation[21] Shareholder Information - Total number of common shareholders at the end of the reporting period is 7,832[11] - The top 10 shareholders hold a combined 73.27% of the shares, with the largest shareholder holding 32.15%[11] - The top three shareholders, including Qiu Peng, Guan Wei, and Huang Jianfeng, collectively hold 65.03% of the shares[11] - The company has a total of 31,482,071 shares subject to lock-up agreements, with 775,000 shares newly added to the lock-up this period[15] - The company plans to unlock shares gradually according to a set percentage each year[15] Financial Position and Performance Indicators - The weighted average return on equity decreased to 2.48% from 8.06% in the previous year, indicating a decline in profitability[4] - The company received government subsidies amounting to ¥387,723.55, which are closely related to its regular business operations[5] - The company's long-term investments decreased to ¥8,997,615.48 in Q1 2023 from ¥9,315,776.83 in Q1 2022, showing a decline of 3.4%[19] - The total equity attributable to shareholders increased to ¥1,154,087,725.19 in Q1 2023, up from ¥1,120,124,783.09 in Q1 2022, reflecting a growth of 3%[19] Other Financial Metrics - The company reported a financial expense of -¥3,669,678.31 in Q1 2023, compared to a financial income of ¥581,529.92 in Q1 2022, indicating a shift in financial performance[22] - The company experienced a foreign exchange gain of CNY 800,125.05 during the quarter, contrasting with a loss of CNY 323,417.87 in the previous year[26] - The total cash inflow from operating activities decreased by approximately 3.5% compared to the previous year[25] - The company did not undergo an audit for the first quarter report[27]
智立方(301312) - 2023 Q1 - 季度财报