Revenue and Profit - Revenue for Q1 2023 was ¥87,189,398.88, a decrease of 17.69% compared to ¥105,927,214.63 in the same period last year[5] - Net profit attributable to shareholders increased by 56.77% to ¥19,660,758.68 from ¥12,541,204.13 year-on-year[5] - Total operating revenue for Q1 2023 was CNY 87,189,398.88, a decrease of 17.7% compared to CNY 105,927,214.63 in Q1 2022[21] - Net profit for Q1 2023 reached CNY 20,397,952.14, an increase of 54.4% compared to CNY 13,197,835.60 in Q1 2022[22] - Earnings per share for Q1 2023 were CNY 0.19, up from CNY 0.16 in Q1 2022[23] Cash Flow and Liquidity - Net cash flow from operating activities was negative at -¥7,091,746.02, a decline of 288.29% compared to ¥3,766,360.20 in the previous year[5] - The company's cash and cash equivalents at the end of Q1 2023 amount to ¥595,685,569.32, down from ¥615,200,844.15 at the beginning of the year, representing a decrease of approximately 1.83%[17] - Total cash inflow from operating activities is 93,117,459.35 yuan, down 18.8% from 114,996,292.76 yuan in the previous period[26] - Cash outflow from operating activities is 100,209,205.37 yuan, a decrease of 9.1% from 111,229,932.56 yuan in the previous period[26] - The ending balance of cash and cash equivalents is 595,476,269.32 yuan, compared to 50,689,852.21 yuan in the previous period, showing a significant increase[26] Assets and Liabilities - Total assets decreased by 2.27% to ¥1,293,131,640.99 from ¥1,323,134,286.10 at the end of the previous year[5] - Total liabilities decreased to CNY 242,623,348.53 from CNY 294,136,445.79 year-over-year[19] - Accounts receivable decreased from ¥169,008,485.04 at the beginning of the year to ¥158,735,512.92, a decline of about 6.5%[17] - Inventory decreased slightly from ¥142,680,136.02 to ¥138,942,545.70, a reduction of approximately 2.3%[17] Expenses - Total operating costs for Q1 2023 were CNY 80,964,516.72, down 13.4% from CNY 93,503,970.84 in the same period last year[21] - Management expenses rose by 50.23% to ¥7,710,678.04, attributed to increased depreciation and intermediary fees related to new facilities[9] - Research and development expenses for Q1 2023 were CNY 6,077,074.22, slightly up from CNY 5,858,427.04 in Q1 2022[22] - The company paid 27,167,663.52 yuan in employee compensation, a decrease of 12.5% from 30,873,429.22 yuan in the previous period[26] Shareholder Information - The total number of common shareholders at the end of the reporting period is 18,302[11] - The top shareholder, Hu Zhixing, holds 16.81% of the shares, totaling 17,225,016 shares[11] - The company has a total of 9.34% of shares held by Yejing City Xin Yi Te Investment Partnership, indicating a significant stake among the top shareholders[11] Investment Activities - Investment cash inflow totaled ¥36,011,554.70, a dramatic increase of 15,861.59% compared to ¥225,613.86 in the previous year[9] - The company reported a significant increase in asset disposal gains, amounting to ¥15,617,237.89, up 873,948.58% from ¥1,786.77[9] - The company reported a significant increase in investment income, totaling CNY 632.00 compared to CNY 276.97 in the previous year[22] Corporate Governance - The company held its first employee representative meeting and temporary shareholders' meeting in February 2023, resulting in the election of the ninth board and supervisory committee members[13] - The company has not reported any changes in the number of preferred shareholders or significant changes in restricted shares[13] Future Plans - The company plans to focus on market expansion and new product development in the upcoming quarters[20]
欣灵电气(301388) - 2023 Q1 - 季度财报