宁波高发(603788) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 247,950,568.45, representing a year-on-year increase of 1.90%[4] - Net profit attributable to shareholders decreased by 24.21% to CNY 28,716,409.22 compared to the same period last year[4] - Basic and diluted earnings per share were both CNY 0.13, down 23.53% from the previous year[4] - Total operating revenue for Q1 2023 was CNY 247,950,568.45, an increase of 1.3% compared to CNY 243,322,156.60 in Q1 2022[15] - Net profit for Q1 2023 was CNY 28,662,736.40, a decrease of 24.2% from CNY 37,839,055.32 in Q1 2022[15] - The total comprehensive income for Q1 2023 is CNY 28,662,736.40, down 24.2% from CNY 37,839,055.32 in the same period last year[16] - Basic and diluted earnings per share for Q1 2023 are both CNY 0.13, compared to CNY 0.17 in Q1 2022, reflecting a decline of 23.5%[16] Cash Flow - The net cash flow from operating activities was negative at CNY -45,695,019.51, a decline of 41.31% year-on-year[4] - Cash inflows from operating activities in Q1 2023 amount to CNY 229,785,200.62, a decrease of 16.1% from CNY 274,238,955.36 in Q1 2022[19] - The net cash flow from operating activities for Q1 2023 is -CNY 45,695,019.51, worsening from -CNY 32,337,389.96 in Q1 2022[19] - Cash inflows from investing activities in Q1 2023 total CNY 320,925,620.99, significantly up from CNY 177,487,115.05 in Q1 2022, marking an increase of 80.5%[19] - The net cash flow from investing activities for Q1 2023 is CNY 174,457,169.29, compared to CNY 20,010,848.00 in Q1 2022, indicating a substantial improvement[19] - The company reported a cash increase of CNY 128,762,149.78 in Q1 2023, contrasting with a decrease of CNY 12,326,541.96 in Q1 2022[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,304,443,140.02, a decrease of 0.44% from the end of the previous year[4] - Total assets as of March 31, 2023, were CNY 2,304,443,140.02, slightly down from CNY 2,314,569,698.09 at the end of 2022[14] - Total liabilities decreased to CNY 311,451,866.11 from CNY 350,241,160.58, a decline of 11.1%[14] - The company’s total equity increased to CNY 1,992,991,273.91 as of March 31, 2023, from CNY 1,964,328,537.51 at the end of 2022, reflecting a growth of 1.5%[14] Operational Efficiency - The company reported a significant increase in prepayments, up 121.00%, primarily due to increased equipment payments[6] - The company experienced a 34.28% decrease in trading financial assets, attributed to the redemption of maturing financial products during the reporting period[6] - Investment income fell by 58.76%, mainly due to a decline in the yield of idle funds' financial management[6] - The company reported R&D expenses of CNY 12,867,749.74 for Q1 2023, compared to CNY 12,469,431.79 in Q1 2022, indicating an increase of 3.2%[15] - The company continues to focus on improving operational efficiency and exploring new market opportunities as part of its strategic initiatives[21] Shareholder Information - The company had a total of 12,202 common shareholders at the end of the reporting period[9] - Cash and cash equivalents increased to CNY 704,386,348.36 as of March 31, 2023, compared to CNY 572,194,198.58 at the end of 2022, representing a growth of 22.9%[12] - Accounts receivable decreased to CNY 208,446,757.74 from CNY 233,539,608.17, a decline of 10.7%[12] - Inventory decreased to CNY 178,313,759.72 from CNY 190,197,320.71, a reduction of 6.2%[12]