Financial Performance - The company's revenue for Q1 2023 was ¥157,260,395.32, representing a 5.60% increase compared to ¥148,920,502.65 in the same period last year[4]. - Net profit attributable to shareholders was ¥28,476,980.67, a 1.48% increase from ¥28,061,111.67 year-on-year[4]. - Net profit excluding non-recurring items decreased by 34.85% to ¥18,002,587.24 from ¥27,633,462.30 in the previous year[4]. - Basic and diluted earnings per share decreased by 23.88% to ¥0.4188 from ¥0.5502 in the same quarter last year[4]. - The company's operating profit for Q1 2023 was CNY 33,632,827.90, compared to CNY 32,787,600.87 in the same period last year, indicating an increase of about 2.58%[18]. - The total profit for Q1 2023 was CNY 32,318,191.74, slightly lower than CNY 32,785,332.14 in Q1 2022, showing a decrease of approximately 1.42%[18]. Cash Flow - The net cash flow from operating activities was -¥299,872,468.06, a significant decline of 5,585.91% compared to -¥5,273,958.88 in Q1 2022[4]. - The total cash flow from operating activities in Q1 2023 was negative CNY 299,872,468.06, compared to negative CNY 5,273,958.88 in Q1 2022, indicating a significant decline in cash flow[21]. - The net cash flow from investing activities surged by 2,655.19% to ¥360,203,580.49, driven by the redemption of financial products[8]. - Investment activities generated a net cash flow of CNY 360,203,580.49 in Q1 2023, compared to a negative cash flow of CNY 14,096,957.09 in the same period last year[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,101,294,391.04, a 2.29% increase from ¥3,031,719,976.69 at the end of the previous year[4]. - Current liabilities totaled CNY 238,760,182.59, an increase of 21% from CNY 197,208,196.75 in the previous year[16]. - Non-current liabilities decreased slightly to CNY 31,975,263.52 from CNY 32,429,815.68 year-over-year[16]. - The total equity attributable to shareholders increased to CNY 2,830,558,944.93, up from CNY 2,802,081,964.26 in Q1 2022[16]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 10,414[10]. - The largest shareholder, Yin Hongtao, holds 27.92% of the shares, amounting to 18,987,593 shares[10]. - The total number of shares held by the top ten unrestricted shareholders is 1,000,000[10]. - The total number of restricted shares at the end of the period is 51,000,000, with no new restrictions added during the reporting period[12]. - The company has no preferred shareholders as per the report[11]. Operational Metrics - Total operating revenue for Q1 2023 was CNY 157,260,395.32, an increase of 5.4% compared to CNY 148,920,502.65 in Q1 2022[17]. - Total operating costs for Q1 2023 were CNY 136,127,429.45, up 17.7% from CNY 115,651,788.47 in the same period last year[17]. - Inventory increased to CNY 384,853,673.91 in Q1 2023, a rise of 86.5% from CNY 206,101,573.86 in Q1 2022[16]. - Accounts receivable decreased to ¥159,633,879.35 from ¥166,879,262.87, reflecting a reduction of about 4.5%[14]. Research and Development - Research and development expenses rose to CNY 7,234,206.08 in Q1 2023, up from CNY 6,526,162.98 in Q1 2022, reflecting an increase of approximately 10.83%[18]. Strategic Developments - The company has not reported any significant new strategies or market expansions in this quarter[13]. - The company has not reported any new product launches or significant market expansion strategies during this quarter[17]. - The company plans to lift restrictions on certain shares on specific dates, with the earliest being September 11, 2023[12].
信德新材(301349) - 2023 Q1 - 季度财报