兆易创新(603986) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was RMB 1,341,311,243.71, a decrease of 39.85% compared to the same period last year[4]. - Net profit attributable to shareholders was RMB 150,080,061.73, down 78.13% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 130,077,590.53, reflecting an 80.14% decline compared to the previous year[4]. - Basic earnings per share were RMB 0.23, a decrease of 77.88% year-on-year[4]. - The weighted average return on equity was 0.98%, down 3.97 percentage points from the previous year[4]. - Total operating revenue for Q1 2023 was RMB 1,341,311,243.71, a decrease of 39.9% compared to RMB 2,229,810,940.28 in Q1 2022[14]. - Total profit for Q1 2023 was CNY 146.14 million, down from CNY 762.12 million in Q1 2022, indicating a decrease of 80.8%[15]. - Operating profit for Q1 2023 was CNY 145.26 million, compared to CNY 761.79 million in Q1 2022, a decline of 80.9%[15]. - The company reported a comprehensive income of RMB 72,215,360.20 for Q1 2023, down from RMB 556,703,668.21 in Q1 2022[26]. Revenue and Costs - The decline in revenue was primarily due to decreased market demand for chip products, with storage chip revenue down RMB 461 million and microcontroller revenue down RMB 356 million year-on-year[6]. - Total operating costs for Q1 2023 were RMB 1,168,964,466.86, down from RMB 1,496,881,722.87 in Q1 2022, representing a reduction of 21.9%[14]. - The company reported a decrease in sales revenue from CNY 2.37 billion in Q1 2022 to CNY 1.39 billion in Q1 2023, a decline of 41.5%[18]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 16,614,878,320.40, a slight decrease of 0.18% from the end of the previous year[4]. - Total current assets amounted to RMB 11,614,758,572.94 as of March 31, 2023, compared to RMB 11,414,641,690.30 at the end of 2022, an increase of 1.8%[11]. - Total non-current assets decreased to RMB 5,000,119,747.46 from RMB 5,230,424,072.03, a decline of 4.4%[11]. - Total liabilities decreased to RMB 1,252,792,056.30 in Q1 2023 from RMB 1,459,533,222.40 in Q1 2022, a reduction of 14.2%[12]. - The company's equity attributable to shareholders increased to RMB 15,362,086,264.10 from RMB 15,185,532,539.93, an increase of 1.2%[13]. Cash Flow - Cash flow from operating activities for Q1 2023 was CNY 227.93 million, a turnaround from a negative cash flow of CNY 0.65 million in Q1 2022[19]. - Cash and cash equivalents at the end of Q1 2023 totaled CNY 6.54 billion, down from CNY 6.94 billion at the end of Q1 2022, a decrease of 5.9%[20]. - The company recorded a net cash outflow from investing activities of CNY 448.81 million in Q1 2023, compared to a net inflow of CNY 405.46 million in Q1 2022[19]. Research and Development - Research and development expenses increased to RMB 222,547,161.26 in Q1 2023, compared to RMB 212,033,133.56 in Q1 2022, reflecting a growth of 5.9%[14]. - The company plans to continue investing in R&D to drive future growth despite the current revenue decline[14]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 149,497[7]. - The company received government subsidies totaling RMB 7,845,876.11 during the reporting period[5].