Financial Performance - The company's operating revenue for Q1 2023 was CNY 301,920,906.87, representing an increase of 11.66% compared to CNY 270,397,856.55 in the same period last year[5]. - The net profit attributable to shareholders decreased by 4.64% to CNY 12,969,986.06 from CNY 13,611,478.04 year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 20.31% to CNY 11,284,441.56 from CNY 9,390,427.61 in the previous year[5]. - Operating revenue increased to ¥301,920,906.87, up 11.66% from ¥270,397,856.55, driven by business growth[12]. - The net profit for Q1 2023 was CNY 13,373,503.32, slightly down from CNY 13,780,048.82 in Q1 2022, representing a decrease of 2.9%[28]. - The earnings per share (EPS) for Q1 2023 was CNY 0.0324, compared to CNY 0.0378 in Q1 2022, reflecting a decline of 14.3%[29]. Cash Flow and Liquidity - The cash flow from operating activities improved by 18.38%, with a net outflow of CNY 36,459,358.65 compared to CNY 44,670,708.38 in the same period last year[5]. - Cash inflow from operating activities totaled ¥307,995,341.47, a 34.59% increase from ¥228,831,853.32, attributed to higher sales collections[13]. - Cash outflow from operating activities reached ¥344,454,700.12, up 25.94% from ¥273,502,561.70, primarily due to increased procurement and employee compensation payments[13]. - The net cash flow from operating activities improved to -¥36,459,358.65, an 18.38% reduction in losses compared to -¥44,670,708.38[13]. - The company reported a decrease in cash flow from operating activities, impacting liquidity and future investment capabilities[30]. Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 1,261,223,898.26, a decrease of 3.72% from CNY 1,304,941,833.52 at the end of the previous year[5]. - The company's total assets as of the end of Q1 2023 were CNY 1,261,223,898.26, a decrease from CNY 1,309,935,238.01 at the end of Q1 2022[25]. - The total liabilities decreased to CNY 256,277,000.54 in Q1 2023 from CNY 318,275,594.12 in Q1 2022, indicating a reduction of 19.5%[25]. - The company reported a total current asset of RMB 946,451,365.73 as of March 31, 2023, down from RMB 998,401,219.01 at the beginning of the year, representing a decrease of approximately 5.5%[23]. Inventory and Receivables - Inventory increased by 216.85% to CNY 22,085,896.60 from CNY 6,970,543.17, mainly due to increased service purchases and contract performance costs[10]. - Accounts receivable increased to RMB 429,673,131.71 from RMB 412,823,419.95, reflecting an increase of approximately 4.1%[23]. - Other receivables increased to RMB 12,486,210.20 from RMB 10,586,661.31, marking an increase of about 18%[23]. - The company’s prepayments rose to RMB 1,793,592.20 from RMB 475,712.11, an increase of approximately 276.5%[23]. Research and Development - R&D expenses surged by 37.01% to ¥21,822,014.22 from ¥15,926,991.46, indicating increased investment in research and development[12]. - The research and development expenses increased to CNY 21,822,014.22 in Q1 2023, up from CNY 15,926,991.46 in Q1 2022, indicating a focus on innovation[27]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 22,607, with no preferred shareholders[16]. - The top shareholder, Beijing Shenhui Holdings, holds 21.37% of shares, amounting to 85,500,000 shares, with 4,800,000 shares pledged[16]. Government Subsidies and Other Income - The company received government subsidies amounting to CNY 1,772,976.15 during the reporting period, which are closely related to its normal business operations[8]. - The company reported a significant increase in other income, which rose by 146.45% to ¥2,696,932.02 from ¥1,094,326.91, driven by government subsidies[12]. Strategic Acquisitions - The company completed the acquisition of 52% equity in Shenzhen Maiyaxin Technology Co., Ltd. for RMB 43.68 million, making it a subsidiary[21]. - The company’s strategic acquisition and financial adjustments indicate a focus on growth and market expansion through investments in technology[21].
慧博云通(301316) - 2023 Q1 - 季度财报