Financial Performance - The company's revenue for Q1 2023 was ¥177,276,372.69, a decrease of 80.28% compared to ¥898,985,402.17 in the same period last year[5] - Net profit attributable to shareholders was ¥47,692,510.88, down 43.84% from ¥84,926,258.33 year-on-year[5] - The basic earnings per share decreased by 57.45% to ¥0.4 from ¥0.94 in the previous year[5] - Total operating revenue for Q1 2023 was ¥177,276,372.69, a decrease of 80.3% compared to ¥898,985,402.17 in the same period last year[16] - Net profit for Q1 2023 was ¥47,692,510.88, a decline of 43.8% from ¥84,926,258.33 in Q1 2022[17] - Basic and diluted earnings per share for Q1 2023 were both ¥0.4, compared to ¥0.94 in the same period last year[17] Cash Flow - The net cash flow from operating activities was ¥117,892,226.18, down 13.56% from ¥136,380,900.18 in the same period last year[5] - Cash flow from operating activities for Q1 2023 was ¥117,892,226.18, a decrease of 13.5% from ¥136,380,900.18 in Q1 2022[20] - Cash flow from investing activities generated a net inflow of ¥347,725,817.91 in Q1 2023, compared to a net outflow of ¥33,057,263.90 in Q1 2022[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,806,684,548.94, a decline of 6.80% from ¥4,084,296,529.77 at the end of the previous year[5] - The company's cash and cash equivalents increased to CNY 2,237,649,017.29 from CNY 1,942,867,851.54, reflecting a growth of approximately 15.2%[13] - Total current liabilities decreased significantly from CNY 635,216,928.82 to CNY 315,545,047.85, a reduction of about 50.3%[14] - The company's total equity rose to CNY 3,475,252,219.79, up from CNY 3,432,910,831.94, indicating an increase of approximately 1.2%[14] - The total liabilities decreased from CNY 651,385,697.83 to CNY 331,432,329.15, a reduction of approximately 49.1%[14] Operational Metrics - The company reported a significant decrease in accounts receivable by 49.91%, totaling ¥215,169,291.17 compared to ¥429,577,144.81 previously[8] - The company experienced a 71.97% decline in operating profit, which was ¥25,743,035.18 compared to ¥91,855,087.53 in the previous year[8] - Total operating costs for Q1 2023 were ¥166,374,879.63, down 78.9% from ¥788,590,943.91 in Q1 2022[16] - The company reported a decrease in sales expenses to ¥16,634,390.53, down 59.7% from ¥41,254,073.36 in the previous year[16] - Research and development expenses for Q1 2023 were ¥3,574,371.33, a reduction of 55.1% compared to ¥7,965,202.71 in Q1 2022[16] Shareholder Information - The top shareholder, Fang Qinghua, holds 40.73% of the shares, totaling 48,870,000 shares[9] Other Financial Information - The company’s financial expenses decreased significantly by 167.20%, resulting in a net financial income of -¥6,295,810.50[8] - The company experienced a foreign exchange loss of ¥10,041,162.00 in Q1 2023, compared to a loss of ¥3,745,231.21 in the same period last year[21] - The first quarter report of Zhejiang Tianzhen Technology Co., Ltd. is unaudited[22]
天振股份(301356) - 2023 Q1 - 季度财报