华映科技(000536) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for the current period is ¥245,116,919.28, a decrease of 65.88% compared to ¥718,451,451.95 in the same period last year[34]. - The net loss attributable to shareholders for the current period is ¥356,044,931.27, representing a 151.69% increase in losses compared to ¥141,461,114.83 in the previous year[34]. - The net profit for the current period is -356,501,291.52, compared to -137,437,158.98 in the previous period, indicating a significant increase in losses[74]. - The total comprehensive income for the current period is -355,816,220.42, compared to -134,960,039.45 in the previous period, reflecting a worsening financial position[74]. - The basic and diluted earnings per share for the current period are both -0.1287, compared to -0.0511 in the previous period[75]. Cash Flow - The company's cash and cash equivalents decreased by 367.37% compared to the same period last year, primarily due to a reduction in the recovery of financing deposits[24]. - The net cash flow from operating activities is -¥185,637,388.93, a decline of 126.46% from -¥81,973,767.85 in the same period last year[34]. - Cash inflows from operating activities totaled 340,627,547.41, down from 801,113,656.43 in the previous period, showing a decline of approximately 57.5%[75]. - Cash outflows from operating activities amounted to 526,264,936.34, compared to 883,087,424.28 in the previous period, indicating a decrease of about 40.5%[75]. - The net cash flow from financing activities was negative CNY 173,815,792.73, a decline from positive CNY 296,023,642.46 in the prior period[62]. Assets and Liabilities - Total assets at the end of the current period amount to ¥8,714,194,624.93, down 5.90% from ¥9,260,734,827.38 at the end of the previous year[34]. - The company's equity attributable to shareholders decreased by 8.80% to ¥3,682,074,450.70 from ¥4,037,434,310.87[34]. - Total liabilities and equity amounted to CNY 8,714,194,624.93, down from CNY 9,260,734,827.38, indicating a decrease of 5.9%[69]. - The company's accounts payable decreased by 36.77% compared to the beginning of the period, mainly due to the maturity of bank acceptance bills[13]. Investment Activities - Investment activities generated a net cash inflow that increased by 78.71% year-on-year, mainly due to a decrease in payments for fixed assets[22]. - The company's investment activities cash inflow increased by 4,592.97% compared to the same period last year, mainly due to the recovery of structured deposits[21]. - The company recovered investments amounting to 350,000,000.00, a significant increase from 7,500,000.00 in the previous period[75]. - Investment income increased by 183.56%, mainly due to interest income from structured deposits[40]. - Net cash flow from investing activities was negative CNY 14,585,469.18, an improvement from negative CNY 68,522,404.51 in the previous period[62]. Operating Costs and Expenses - Operating costs decreased by 37.19% compared to the same period last year, attributed to a decline in material costs during the panel industry downturn[15]. - Total operating costs amounted to CNY 553,272,902.32, down from CNY 806,403,947.05, reflecting a reduction of 31.3%[56]. - Interest expenses were CNY 402,602,858.12, a decrease of 37.2% from CNY 640,958,961.84 in the prior period[56]. - Research and development expenses decreased to CNY 44,889,858.55, down 25.6% from CNY 60,316,541.09[56]. Other Financial Metrics - The company's other income decreased by 93.92% year-on-year, mainly due to the absence of insurance claims received in the previous year[17]. - The credit impairment loss for the current period is 20,806,975.20, compared to 4,537,056.61 in the previous period, indicating a rise in credit risk[74]. - The fair value change income is 274,866.67, reflecting a positive adjustment in asset valuations[74]. - The company reported an asset impairment loss of -73,563,155.39, compared to -52,543,974.06 in the previous period, indicating increased asset write-downs[74]. - Contract liabilities rose by 237.64%, attributed to new prepayments received during the period[38].