XAYS(000721)2023-04-18 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥176,383,545.76, representing a 53.51% increase compared to ¥114,899,109.63 in the same period last year[8] - The net profit attributable to shareholders was -¥31,125,948.51, an improvement of 38.47% from -¥50,585,963.71 year-on-year[8] - The company's basic earnings per share improved to -¥0.0542 from -¥0.0881, reflecting a 38.48% increase[8] - The company's operating profit for Q1 2023 was -¥31,584,552.70, which is a 36.24% improvement from -¥49,538,626.89 in the same period last year[10] - The net loss for Q1 2023 was CNY 31,539,311.80, an improvement from a net loss of CNY 49,615,162.66 in Q1 2022[20] - The total profit margin for Q1 2023 was -17.9%, an improvement from -43.2% in Q1 2022[20] Cash Flow and Liquidity - The net cash flow from operating activities was ¥9,890,134.03, a significant increase of 125.62% compared to -¥38,599,900.10 in the previous year[8] - Operating cash flow for Q1 2023 was CNY 9,890,134.03, a significant recovery from a negative cash flow of CNY 38,599,900.10 in Q1 2022[23] - Cash and cash equivalents at the end of Q1 2023 totaled CNY 113,612,819.66, down from CNY 305,873,305.39 at the end of Q1 2022[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,613,146,905.63, showing a slight increase of 0.22% from ¥1,609,532,294.28 at the end of the previous year[8] - The company's current assets increased to CNY 257,978,509.16 from CNY 225,264,708.19, reflecting a growth of approximately 14.5%[16] - The total liabilities rose to CNY 1,102,143,299.54, compared to CNY 1,066,989,376.39 at the start of the year, indicating an increase of about 3.3%[17] - The company's short-term borrowings increased significantly to CNY 420,000,000.00 from CNY 330,405,319.44, representing a growth of approximately 27%[17] - The total equity attributable to shareholders decreased to CNY 506,995,410.30 from CNY 538,121,358.81, a decline of about 5.7%[17] Operating Costs and Expenses - The company experienced a 35.62% increase in operating costs, totaling ¥135,656,236.84, primarily due to rising material costs[10] - Total operating costs for Q1 2023 were CNY 208,987,704.72, up 26.2% from CNY 165,613,426.58 in the same period last year[18] - Sales expenses increased to CNY 58,786,916.46 in Q1 2023, compared to CNY 49,438,990.71 in Q1 2022, reflecting a rise of 19.5%[18] Asset Management - The company reported a significant increase in asset disposal gains, which rose by 484.78% to ¥61,192.00 compared to ¥10,464.19 in the previous year[10] - The total non-current assets decreased to CNY 1,355,168,396.47 from CNY 1,384,267,586.09, a decline of about 2.1%[16] - Inventory decreased slightly to CNY 42,347,625.76 from CNY 43,393,965.61, a decline of approximately 2.4%[16] - Accounts receivable rose to CNY 67,059,692.92 from CNY 61,603,403.27, an increase of about 8.5%[16] Financing Activities - The total cash inflow from financing activities in Q1 2023 was CNY 190,022,817.57, a decrease from CNY 379,541,694.48 in Q1 2022[24] - The company incurred a total of CNY 53,360,144.51 in cash outflows for investment activities in Q1 2023, compared to CNY 22,607,199.08 in Q1 2022[23]