协和电子(605258) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥144,277,058.98, a decrease of 9.02% compared to the same period last year[5] - The net profit attributable to shareholders for Q1 2023 was ¥7,891,481.89, down 16.18% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥5,306,439.58, a decline of 36.99% compared to the previous year[5] - Basic earnings per share for Q1 2023 were ¥0.09, reflecting a decrease of 15.89% year-on-year[6] - The weighted average return on equity was 0.68%, a decrease of 0.15 percentage points from the previous year[6] - The total operating revenue for Q1 2023 was CNY 144,277,058.98, a decrease of approximately 8.18% compared to CNY 158,577,061.52 in Q1 2022[19] - Net profit for Q1 2023 was ¥7,558,912.90, representing a decline of 19.1% from ¥9,344,750.61 in Q1 2022[21] - The company reported a basic and diluted earnings per share of ¥0.09 for Q1 2023, compared to ¥0.107 in Q1 2022[22] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥1,417,911,503.99, a decrease of 0.57% from the end of the previous year[6] - As of March 31, 2023, total assets amounted to CNY 1,417,911,503.99, slightly down from CNY 1,426,098,601.72 at the end of 2022[16] - The total current liabilities decreased to CNY 226,625,593.02 from CNY 241,447,853.22, reflecting a decline of about 6.14%[16] - The company's total equity increased to CNY 1,160,474,913.70 from CNY 1,152,916,000.80, showing a growth of approximately 0.28%[17] - The total liabilities decreased to CNY 257,436,590.29 from CNY 273,182,600.92, indicating a reduction of approximately 5.76%[17] Cash Flow - Cash and cash equivalents decreased by 33.73% due to the investment of idle funds in financial products[10] - The company reported a net cash flow from financing activities of ¥6,749,319.31, reflecting a significant increase due to bank borrowings[10] - The net cash flow from operating activities for Q1 2023 was ¥6,749,319.31, a significant improvement from a negative cash flow of ¥13,593,424.39 in Q1 2022[25] - The net cash flow from financing activities for Q1 2023 was ¥22,778,000.00, compared to ¥2,137,749.99 in Q1 2022[27] Expenses - Total operating costs for Q1 2023 were ¥139,815,461.38, down 6.0% from ¥148,439,473.70 in the same period last year[21] - Research and development expenses for Q1 2023 were ¥6,959,142.17, down 17.8% from ¥8,473,760.99 in Q1 2022[21] Shareholder Information - The number of shares held by the top shareholder, Wang Qiaobin, is 4,770,000, representing a significant stake in the company[13] Inventory and Receivables - Accounts receivable stood at CNY 231,545,154.90, down from CNY 277,088,635.44, indicating a reduction of approximately 16.43%[15] - The company reported a decrease in inventory to CNY 187,083,858.00 from CNY 181,426,503.77, which is an increase of about 3.65%[15] Other Financial Metrics - Cash and cash equivalents at the end of Q1 2023 totaled ¥189,887,568.91, compared to ¥106,284,680.23 at the end of Q1 2022[27] - The total cash outflow from investing activities in Q1 2023 was ¥158,262,152.18, an increase from ¥138,288,712.95 in Q1 2022[27] - The company experienced a foreign exchange impact of ¥51,239.70 on cash and cash equivalents in Q1 2023, contrasting with a negative impact of ¥41,880.83 in Q1 2022[27] Market Strategy - The company has not indicated any new product launches or significant market expansion strategies during this reporting period[14]